My Comments: I suspect this question posed to an online site is more common than not. Too many Americans these days have too little money saved and aging is catching up with them if it hasn’t already. The article referenced below attempts to provide an intelligent answer, and for the most part it does. However …
Author: Tony Kendzior, CLU, ChFC - Financial Planner
I've lived happily, raised a family, and enjoyed a professional life in Gainesville for over 50 years. The next several years are full of promise. My goal is to find new clients, new friends and somehow share the wisdom I've accumulated over these many years. And when I have time, play a little golf and travel with my family. Cheers!
How to Spend Your Nest Egg ~ Probability vs. Safety First
Your Balance Sheet Your household has a balance sheet. As you may recall from accounting courses you took along the way, a balance sheet has the assets listed on the left with liabilities listed on the right. That balance sheet for someone approaching or already in retirement might look like this: Assets: Human Capital …
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Revocable trust vs. will: A guide to estate planning
My Comments: Over the years I’ve had many opportunities to help people plan how they want their money to both serve them during retirement and where it should go, or be used when or if, they become goofy and ultimately die. This is a little long, but a good read for any of you wondering …
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Millions of older workers are nearing retirement with nothing saved
My Comments: As a financial professional working with local clients over the past 45+ years, there is a sub-title which substitute for the title given. It would read “Millions of retired folks are in retirement with not enough money”. Too often, with no new money coming in, the lessons to be learned to fix the …
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Is the 4% Rule Still A Valid Rule For Retirement?
My Comments: These comments from Dr. James Dahle resonated with me as a long-time financial planner. The 4% rule essentially says that if you take more than 4% annually from your retirement accounts, there’s a strong chance you’ll run out of money before you run out of life. The article may be a longer read …
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A Massive Stock Market Bubble May Be About To Burst
My Comments: There are many comments from presumably smart people at the end of this article that appeared recently. You can find them via the link just below. Many refute what he says and think he’s full of it. Meanwhile, I’m a retired person, and the threat of losing too much money in the short-term …
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Revocable trust vs. will: A guide to estate planning
My Comments: I've spent almost 50 years working with clients as a financial planner. For many, the revocable trust is often a critical ingredient to make life easier for the people involved. The typical problem was few had more than a limited understanding of what I was talking about. My goal was to encourage them …
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Get ready for years of terrible stock-market returns
My Comments: Many of you are retired and somewhat dependent on market returns going forward to sustain your existing standard of living. If so, what follows is NOT good news for you or for me. We can argue it’s only an opinion, but my gut tells me it’s more than that. What he says about …
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The Truth About The Economy That You’re Not Hearing
My Comments: Let me first acknowledge I have a profound respect for Robert Reich. His expressed ideas have always resonated with me and yes, he’s a Democrat, as am I. What follows is relevant these days given both the political environment we live in and the uncertainty about the economy and the investment markets. I …
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U.S. Money Supply Is Doing Something Not Seen Since the Great Depression
My Comments: Despite the fact I’ve been involved with the management of money for almost 50 years, I still have no clue where it’s going next. All I can say is it will be either up or down. Meanwhile, I have a little money needing management and all I’m confident about is adding a little …
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Helping Define Your Financial Future 