February 23, 2015

Clear FInancial was able to participate to a USA Today story on the changing retirement landscape. 


MyRA's, state sponsored 401(k)'s, changes to tax benefits of saving and investing strategies... 


2015 will be a year for retirement planning confusion. Hopefully our law...

January 16, 2015

The following blog was written by Robert Schmansky, CFP(r) and originally published by Forbes.


One of the reasons that very few retirement savers consider when choosing to invest in their employer retirement plan – yet one that impacts the vast majority of 401(k) inves...

December 28, 2014

The following article was originally published at Forbes on 12/22/14. 


By Robert Schmansky, CFP®


A rule of thumb that savers are often advised to adhere to is that it is important to maximize contributions to workplace retirement planbefore considering investing elsewh...

December 8, 2014

There are three factors I look for in determining where to save: 


1) Fees. The higher the fees, the less attractive a match will be over long periods of time. 


2) Ability to diversify. You give up investment control in a 401(k) plan. If you do not have a number of qual...

December 4, 2014

Great question, this is an area I really enjoy making sure people get off saving on the right path. 


Your question involves a number of variables including your current and expected future income, your investment options in your employer plan (your ability to diversify...

November 22, 2014

You can always keep your 401(k), as long as the amount is above the legal amount that the employer is allowed to move people out. 


You may want to move your 401(k) to an IRA to increase your investment options which can lead to a more balanced portfolio which may lead...

December 8, 2013

The following was originally published by Robert Schmansky at Forbes: 

According to Investment News, a lawsuit filed earlier this month alleges that MassMutual used many high cost proprietary funds in its annuity 401(k) product, profiting more due to the fact they offe...

December 3, 2013

One of the most important aspects of retirement planning that often goes ignored is the structure of investment accounts. Investors are often so focused on saving and maintaining account balances that tax opportunities for changing the nature of the accounts they hold...

December 6, 2012

First off, if this situation applies to you then let me say… “Congratulations!”


You’re doing a great job of saving for your future, and it will be well worth it down the road.

For many, saving to your employer plan may not be enough. You may have progressed in your care...

September 13, 2012

The financial industry wants to make sure you are fully aware you left something behind at your old employer. That retirement account that is “just sitting” there needs to be moved over to an IRA for you to invest in someone else’s mutual funds or investment products.



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Detroit, Ann Arbor, and online fee-only, fiduciary financial advisor blog / podcast on retirement, investments, economy, taxes, 401k, 403b, Roth, IRAs