James Chen, CMT is an expert trader, investment adviser, and global market strategist. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, ...

Financial plans can be overwhelming to conceptualize, create, and cultivate. So to help make sense of them, most people turn to goal-setting principles or easy rules of thumb. But these frameworks can ...

Investing can be incredibly complicated, with hundreds of thousands of investment choices that can be combined in nearly infinite variations. The sheer number of options available--and the high stakes ...

General rules of thumb aren't the best way to decide how to prepare for retirement. You may hear that you should max out your 401(k), but that's not always the best approach. The 4% rule to determine ...

The '120 Minus You Rule' updates an older retirement rule, with a twist. Here's a better way to construct your retirement ...

Some financial advisors can be rather critical when it comes to financial planning rules of thumb, or heuristics that provide general guidance to households about how to invest, save or potentially ...

Source: Unsplash, Creative Commons Zero. Decision making is a drain on willpower. Having rules of thumb (aka 'heuristics') can make decision making quicker, easier, and less of a willpower suck. Here ...

Deciding how to prepare for retirement can be pretty complicated, so it's tempting to follow some basic rules of thumb that you've probably heard lots of times. Unfortunately, listening to these ...