Do You Need Life Insurance in Retirement?

My Comments: Too many years ago for me to remember, it was possible to buy what was then known as a ‘single premium life insurance policy”. The only health question was whether you could fog a mirror. If not, it was too late. As a salesman, I’d find people with small or medium sized buckets …

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What is the pending SECURE Act from Congress?

First, SECURE is the acronym for Setting Every Community Up for Retirement Enhancement. Someone stayed awake nights coming up with all that. Second, it’s an attempt to bring the federal regulations about money saved for retirement purposes further into the 21st Century. Too many Americans are grossly unprepared for retirement and many that are prepared …

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To Pay Fees or Not to Pay Fees?

After 43 years as an entrepreneur in financial services, I now think of myself as officially retired. But that doesn’t mean I’m divorced from what kept me busy those 43 years and provided a living wage. It’s just that my focus today is very different from what it was when I was trolling for new …

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Can We, and/or Should We, Fix Social Security?

Our existing Social Security system lives comfortably in the capitalist economic model we have here in the US. We can agree it has flaws which need to be addressed from time to time. The current flaw is that without some changes, it won’t be able to provide the financial safety net for older Americans that …

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Life Expectancy and Retirement

I’ve blogged before about the cost of healthcare in this country and how it compares with other industrialized nations across the planet. Of the top 25 such countries, we rank in the bottom 20% in terms of healthcare outcomes (longevity) and what we pay to achieve that dubious distinction. And our longevity numbers have dropped …

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When the Next Recession Hits, 4 Good Things Could Happen

My Comments: Are you ready for a little positive thinking? Frankly, I’m long since sick and tired of hearing only negative stuff about life in the US today. Not that there isn’t a lot of negative stuff, just that I’m tired of hearing about it. Some of that is due to the fact that we’ve …

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Spending Money in Retirement

Some of you will have heard me talk about the three phases of retirement. What I call the GO-GO Years, the SLO-GO Years, and finally, if you make it that far, the No-GO Years. There are going to be valid reasons to want to spend more money right after you retire. At the same time, …

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