Market Volatility Has One Final Act

My Comments: You would think that with an almost 50-year history working in financial markets I’d have a clue about what’s going to happen next with respect to our investment portfolios. But I don’t have a clue. All I can do is listen to those whose ideas over the years have proved more accurate than …

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The 10 Rules to Put an Annuity into Your Retirement Plan

My Comments: Annuities are simply contracts between people and insurance companies. Today, with people living longer and longer, and too many people questioning whether they have enough money to secure their financial freedom as the years roll by, annuities are playing an increasingly important role in people’s lives. Please know when thinking about your financial …

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Many Americans don’t have a clue about health care costs in retirement

My Comments: I’ve recently had major back surgery, a procedure that lasted some 12 hours followed by several days in what might be considered intensive care. I’ve not seen the bill but I’m guessing it exceeds $200,000. Without Medicare and a Medicare Supplement plan we’d be dead in the water. Fortunately, I’ve already met my …

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“Every New Passenger Car Sold in the World Will Be Electric by 2040.”

My Comments: This is a very suggestive prediction giving that it comes from the CEO of Exxon Mobile, a major supplier across the world to owners of gasoline powered vehicles. What follows below is a short, written summary of what appears on a 35-minute video that features Darren Woods, the current CEO of Exxon Mobile. …

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Elizabeth II, The Queen of England

My Comments: For someone 97-years-old, she continues to amaze me. She’s been Queen since I was 11 years old and is a fixture in many of my life’s early memories as I was born in England during the reign of her father, George VI. I have no specific memory of the day she became Queen …

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How to Make the 4% Rule Last in Retirement

My Comments: These are unnerving times. The markets are down significantly this year; the Fed is committed to increasing interest rates; we’ve not had the threat of a true recession since 2008; the war in Ukraine does not seem to be ending; what else have I missed. Intellectually, we know recessions happen from time to …

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Don’t Buy the Dip…Yet

My Comments: Last week I used some of my cash to add to four Vanguard positions I own. I fully expect the market to keep dropping, but at the same time, decided to reduce the average cost of my preferred holdings. This article has persuaded me I was smart to not commit all my cash …

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Antarctica’s “Doomsday Glacier”

My Comments: I usually write about retirement and investments, but as my life winds down, I’m increasingly concerned about the world my children and grandchildren will inherit. One of the many threats to their future is global warming. My wife and I, along with our children, live in North Central Florida. We’re about 100 ft …

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Reasons to Convert Traditional Retirement Accounts to a Roth IRA

My Comments: By the time they arrived on the scene, I felt there wasn’t enough time left for me to grow a meaningful amount in the few years I had left to work. So, I never opened a Roth IRA. I wish I had but it didn’t happen. I now have many clients with Roth …

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27 Ugly Truths About Retirement

My Comments: Everyone with plans to retire needs to read this. It’s long, and perhaps has many thoughts you don’t want to deal with. As someone already retired, there are truths here that I’ve discovered we didn’t plan for and are paying the price today. Don’t be like me… by Alaina Tweddale \ 12 JUN …

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