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Reader Questions

Reader Question: How Much Do I Need to Have Saved Up When I Retire?

I recently received this question via email and since it is probably the most asked question I receive at work as well I figured it would be a good idea to tackle it here. Everybody wants to know how much they should be saving and how large their account should be once they reach retirement. [...]

Questions From Readers: Can I Deduct Brokerage Commissions Paid to Trade Stocks For Tax Purposes?

A reader recently sent an email asking whether or not they can deduct the commissions they paid to trade stocks within their brokerage account. Since this is a great question that may apply to others I figured it would be a good idea to address it on the site. So, can you deduct commissions paid [...]

Question For The Readers: What Are You Doing With Your Year-End Bonus?

According to this article over at Yahoo 80% of employers are offering bonus incentives this year as opposed to only 51% in 1991. This means a majority of employees will be receiving some sort of additional incentives this year. So are you receiving any sort of bonus this year? If so, what do you plan [...]