Should You Always Sign Up for Medicare Part B at 65?

First, everyone should understand that Medicare Part A covers inpatient hospital and skilled nursing care. Medicare Part B covers all outpatient needs, doctors services such as office visits and surgery, MRIs, chemotherapy and the list goes on. Second, to qualify for Medicare at all, one must work and pay taxes for 10 years or 40 …

Continue reading Should You Always Sign Up for Medicare Part B at 65?

How America’s Retirement Dream Became a Nightmare

My Comments: There is a fundamental generational change taking place in America today. It will have significant ramifications politically and economically. When I grew up years ago, it was a given that I would go to college, get married, and enjoy a life that would equal or exceed that of my parents. As it evolved, …

Continue reading How America’s Retirement Dream Became a Nightmare

4 Reasons People Succeed at Retirement

My Comments: How do you define 'retirement success'? I can tell you without reservation that it’s purely subjective and personal. My success could easily be someone else’s failure, and vice versa. My time these days is teaching others a step-by-step process to get them ready for retirement. Which leads to wondering what is meant by …

Continue reading 4 Reasons People Succeed at Retirement

Three candidates for the next big economic bubble

My Comments: I was here for the crash of 1987, the crash of 2000, and most recently the one in 2008-2009. I wasn’t here for the one in the 1930’s but my parents were and that probably influenced my thinking about market crashes. Many of us think we’re overdue for another. There’s a lot of …

Continue reading Three candidates for the next big economic bubble

An Overview of Roth IRAs for 2020

My Comments: The recently enacted SECURE Act did not fundamentally change the set of rules about accumulating money for retirement. But it did change the landscape for many people. For years, the Roth IRA has seemed like an exotic step-child in the financial planning world. I think this happened because contributions to Roth IRAs generally …

Continue reading An Overview of Roth IRAs for 2020

Problems Created by The SECURE Act

The SECURE Act, signed into law last December, brings important benefits for Americans, both retired and not yet retired. The Act will influence how you save money for retirement and how you withdraw money from retirement accounts in the future. It also includes rule changes that will cause distress for some. Given that none of …

Continue reading Problems Created by The SECURE Act

Peace For Our Time

My Comments: Please understand this is not a Happy Valentine's Day message. Far from it. Nevertheless, Happy Valentine's Day! When I saw the title above that appeared in a news feed I follow, it seemed a little strange. However, the source was a highly credible one, someone with responsibility for many billions of investable assets …

Continue reading Peace For Our Time