Scot Burns addresses a recent study (pdf) which estimates that 84.4% of people are saving enough for retirement. You can skip over the math. The text has all kinds of fascinating statistics like whether peoples perception of their longevity affects their savings (no), or whether their desire to leave a bequest affects their savings (yes).

From a recent paper examing high income earners we get the following interesting statistic “..the top 25 hedge fund managers combined appear to have earned more than all 500 S&P 500 CEOs combined (both realized and estimated).”

If you have the patience to wait, Consumer Reports has compiled a calendar of when different items come on sale. Some other tips that don’t fit neatly into the calendar: Airline tickets tend to be least expensive on Wednesday mornings because that’s when airlines try to fill unsold seats on flights for the following week [...]

Whenever someone asks me about hedge funds, I explain the following.  Hedge funds use strategies that provide above market returns most of the time but occasionally blow up. If you factor in the blow-up and the incredible fees they charge the long term expected return is generally poorer than what you can get by investing [...]

Natalie gives a great primer on 72(t) payments.  The one piece she didn’t cover was the ability for a person using the amortization or annuity method to step down their withdrawals to the RMD method (although you can’t go back once you make the change).

Clements warns against some common financial advice targeted at young people that may not be in their best interest. Create a 6 month emergency fund. Buy the biggest house possible. Buy cash value life insurance. Invest in all or almost all equities. On the positive side he does recommend Funding 401K Eliminating credit card debt [...]

From the ririanproject (a fitness blog) we get the following brain fitness tips. Meditate Move aerobically Change your routine Read a book Caffeine for short term boost Engage in debate Play video games Subscribe to a daily newsletter Eat curry Play pool Learn an instrament Eat raisins Play golf Yoga Build models