About Dan Crimmins

Dan Crimmins, co-founder of Crimmins Wealth Management, is a financial coach and fee only financial planner. Have a financial question? ASK DAN
Author Archive | Dan Crimmins

Investment Whisperer – Behavioral Advisor

One of the best shows on television over the past decade and a Crimmins household favorite is the “Dog Whisperer” with Cesar Milan.  Cesar has an incredible way of training dogs.  New episodes of the television show aired between 2004 and 2012, and the show can now be found in syndication. Cesar found his current […]

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How to Obtain your Social Security Income Estimate

When Maureen and I meet with people for the first time to explore if we are a good fit for us to help them reach their goals, one of the key questions that we ask is What income will you need to have in your first year in retirement?” As retirement income planners, we need […]

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The Power of Markets

In 1958, economist Leonard Read published an essay entitled “I, Pencil: My Family Tree as Told to Leonard E. Read.” The essay, narrated from the point of view of a pencil, describes the “complex combination of miracles” necessary to create and bring to market the commonplace writing tool that has been used for generations. The […]

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Try Donor Advised Funds instead of a Private Foundation

It is every man’s obligation to put back into the world at least the equivalent of what he takes out of it   Albert Einstein If this is your belief and you have contemplated starting a private foundation to be able to control how the money is spent, then this post will hopefully expose you […]

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What is your part to play?

Maureen and I were late to the game with the hit TV show “Downton Abbey”  This British drama series follows the lives of the Crawley family and its servants in the family’s Edwardian country house. The series begins with the 1912 sinking of the Titanic, which leaves Downton Abbey’s future in jeopardy. The highly acclaimed […]

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Belling the Cat – Using research to time markets

 Sometimes even the best of ideas are only good in theory because they are impossible to implement in practice.  This holds true to the financial world as well. Academic financial research generates hundreds of research papers each year highlighting potential ways for investors to get a possible insight on the direction of the stock market.  Many […]

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Spousal Financial Feuds

Spousal Financial Feuds

Solving Financial Problems with your Partner Peacefully Will you fight with your spouse over money? I’m afraid so. The trick is to get the battles over quickly so you can kiss and make up. Yet, studies have established that money-related matters are among the most common causes for divorce. How do you prevent that from […]

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Unused 529 Plans

Unused 529 Plans – What to Do When Plans for Paying for College Change

  529 plans are an excellent method to save for a college education. They are state-operated investment accounts that allow anyone to contribute after-tax dollars toward your child’s education. Earnings build up tax free, and remain so if they are used for qualified educational purposes. However, if funds are withdrawn for non-educational purposes, the earnings […]

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DFA Portfolio Design

Ken French is a member of the Board of Directors of Dimensional Fund Advisors LP (DFA), and provides consulting services to the firm.  In this conversation with DFA Chairman  and Co-Chief Executive Officer  David Booth,  Ken provides insight on how Dimensional designs their various investment portfolios.  The portfolio design delivers the specific market exposure while reducing […]

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The Incredible Power of the Capital Markets

The power of free capital markets can be hard to understand.  Often,  people believe incorrectly that there needs to be a central governing power in order to overcome the human challenges as they occur. However, when people (and their capital markets) are able to work to improve their own lives, they are able to overcome the challenges […]

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