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The 2006 Pension Protection Act (PPA) allowed lifecycle, aka target-date funds, to serve as a “qualified default investment alternative,” permitting employe...

Today’s focus is on an article by Derek Horstmeyer, entitled “Inflation-Protected Bonds Fail a Key Test: They Don’t Help When Inflation Is High.” Professor ...

As you likely already know, the reason the market’s been booming is that the valuations of the 10 largest AI companies, including Nvidia, have skyrocketed t...

Forty-year-old Jerry lives in New Mexico. Jerry’s single. But he’s dating an AI bot named Techninny. He loves her or them. But Jerry knows Techninny’s tende...

Tens of millions of American households rely on the financial industry to provide investment and related financial advice that is in their best interest. Th...

Last year Americans contributed close to $600 billion to charity. That’s both a lot and a little. It’s more than the GDP of 85 percent of the 195 countries ...

I wear lots of hats. One is a self-styled financial “therapist.” No, I’m not a licensed mental health professional. But I do talk with many people about the...

It’s the new year — time for all of us to figure out how much to spend each month, each week, and even each day to stay within our annual budget. Whether we...

First, LLMs can do conventional financial planning (CP). No surprise. CP is a keep-it-simple sales pitch with a mathematical veneer. It’s not real financial...

AI Will Eat Conventional Financial Planning’s Lunch, but Not MaxiFi’s. When it Comes to Economics-Based Planning, AI is Hopeless and Truly Dangerous to your...