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	<title>Wealth Pathfinder</title>
	<link>http://wealthpathfinder.com</link>
	<description>Paths to Financial Wisdom and a Rich Life</description>
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		<title>Calculating Safe Withdrawal Rates</title>
		<description><![CDATA[Much has been written about determining safe withdrawal rates. From Bengen&#8217;s early studies to later ones from Evansky, Guyton(pdf) to Kitces. Unfortunately, each one has a number of glaring weaknesses. What if you are significantly older or younger than these studies used?  In other words what if your planning horizon isn&#8217;t 30 or 35 years? [...]]]></description>
		<link>http://wealthpathfinder.com/retirement/calculating-safe-withdrawal-rates/</link>
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		<description><![CDATA[It has been a while since I posted about commodities so I thought an update would be helpful. First we have the following graph showing the relative size of the actual commodity and futures/derivatives about the commodity.  As you can see, the futures market exploded over that last few years.  This is why I say [...]]]></description>
		<link>http://wealthpathfinder.com/investing/1028/</link>
			</item>
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		<title>Average Retirement Ages Around the World</title>
		<description><![CDATA[It is pretty amazing the spread is so large among developed nations.  As countries get into more debt I wonder whether the countries at the bottom of the list will be forced to migrate their average retirement ages significantly upward.]]></description>
		<link>http://wealthpathfinder.com/retirement/average-retirement-ages-around-the-world/</link>
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		<title>Home Gain Exclusion</title>
		<description><![CDATA[People are starting to be affected by the changes so I thought a review might be helpful. The Housing Assistance Tax Act of 2008 changed the rules around capital gain exclusions for homeowners. The qualification for the exclusion remains untouched. You must meet the ownership test (2 of last 5 years) You must meet the [...]]]></description>
		<link>http://wealthpathfinder.com/tax/home-gain-exclusion/</link>
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		<title>Unemployment Graphs 4/5/10</title>
		<description><![CDATA[Another month has passed, so I thought I would share some unemployment graphs that look at things a bit differently. Employment-to-Population Ratio: Men (25-54 Years) Clearly there is a long term structural trend of men participating in the workforce less and less (for women it has been the reverse).  I don&#8217;t think the culture has [...]]]></description>
		<link>http://wealthpathfinder.com/commentary/unemployment-graphs-4510/</link>
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		<title>Household Equity Holdings</title>
		<description><![CDATA[I&#8217;m not sure how accurate the numbers are for actual percentage holdings, but the relative changes that have occurred over time should be fairly accurate.  If you were to plot PE10 on this graph you would find a VERY high correlation.  Unsurprisingly, as people become more fearful of stocks, they own less and drive the [...]]]></description>
		<link>http://wealthpathfinder.com/investing/household-equity-holdings/</link>
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		<title>Bank Fees</title>
		<description><![CDATA[One of the arguments for big banks is that their size allows them to scale and be more efficient.  Unfortunately, it looks like what they become more efficient at is extracting money from their customers. Here is the most disturbing quote for me. But rather than allow the evidence in favor of smaller banks to [...]]]></description>
		<link>http://wealthpathfinder.com/commentary/bank-fees/</link>
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		<title>State Financial Health</title>
		<description><![CDATA[A study cam out analyzing the funding status of each state&#8217;s pension funds.  It is not pretty.  And these are funding levels using assumptions like 8% or 8.5% portfolio returns.  If the returns are lower, the funding shortfall will be worse. NPR has a nice graphic of the data you can play with here. And the [...]]]></description>
		<link>http://wealthpathfinder.com/commentary/state-financial-health/</link>
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		<title>Happiness</title>
		<description><![CDATA[Daniel Kahneman gives a great TED talk helping people understand there is a difference between &#8220;in the moment&#8221; happiness and the happiness of your memory of the moment and you cannot optimize them both.  He goes on to say that people more often try to optimize their memory happiness (would you go on a vacation where [...]]]></description>
		<link>http://wealthpathfinder.com/psychology/happiness/</link>
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		<title>Unemployment 3/5/10</title>
		<description><![CDATA[Since the latest unemployment number of 9.7% came out today, I thought I would send some of CalculatedRisk&#8216;s wonderful graphs to help put it in context. In terms of percentage of lost jobs compared to previous recessions we have the following updated graph. Besides the clear trend of more and more drawn out job recoveries, this [...]]]></description>
		<link>http://wealthpathfinder.com/commentary/unemployment-3510/</link>
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