“I blame myself”: Retirement remains out of reach for millions of Americans

My Comments: These words are self-serving. If that bothers you, stop reading. I've spent much of the past 4 years writing a book and creating an online course to help people come to terms with the idea that once you retire, you're looking at another 25 plus years with an uncertain financial future. People have …

Continue reading “I blame myself”: Retirement remains out of reach for millions of Americans

The Next Market Plunge?

My Comments: I'm not a prophet of doom. Never have been and haven't changed my spots. But I am a realist when it comes to investing in the markets. I've been in cash since March and missed most of the 3 month rally since then. Disappointing but... Some readers of these blog posts have laughed …

Continue reading The Next Market Plunge?

The most important chart in economic history

My Comments: Please note this chart appeared four years ago in 2016. I share it here to create a context for us to consider as we struggle with the pandemic and the effect it's going to have on our economy and our way of life. We've become very accustomed to what might be called "the …

Continue reading The most important chart in economic history

Deciding When to Claim Monthly Social Security Retirement Benefits

This assumes you've been paying into the Social Security system for a while and will have a minimum of 40 credits in your name. Without 40 credits, you won't get any monthly retirement income. One credit per calendar quarter; 40 credits equals 10 years. If you're still reading this, and will have a minimum of …

Continue reading Deciding When to Claim Monthly Social Security Retirement Benefits

Retirement and Fiduciary Standards

There's long been controversy about these two terms and how they should be applied. For millions of us already retired and for those of us with an expectation of eventual retirement, a basic understanding of their relationship might mean the difference between financial success and failure as the years pass. My objective with this post …

Continue reading Retirement and Fiduciary Standards

A Huge Market Crash Coming?

My Comments: I have no earthly idea if these guys are right or wrong. What I do know is that we're at war, we're losing, and the markets keep climbing as though their pants are on fire. There are clearly people who think it's different this time. I've been around those kinds of people before, …

Continue reading A Huge Market Crash Coming?

This Map Shows Which U.S. Homes Will Flood Over the Next 30 Years Due to Climate Change

My Comments: I'm not usually a woe and gloom person. My glass is almost always half full. But when it comes to climate change and the existential threats we face living in Florida, I'm extremely glad our house in north central Florida is 100+ feet above mean sea level. by Geoff Dembicki \ 22 JUN …

Continue reading This Map Shows Which U.S. Homes Will Flood Over the Next 30 Years Due to Climate Change

Health Savings Accounts Get Even Better

My Comments: Health Saving Accounts or HSAs are an IRS approved account where you set aside before-tax money and are allowed by make withdrawals tax-free for health related expenses. They'll prove to be a valuable tax free source of money in retirement, but you have to accumulate a meaningful supply of money in them before …

Continue reading Health Savings Accounts Get Even Better

Scenes From A Drive Across America

My Comments: Happy 4th of July, everyone! Today we celebrate the transition from monarchy to democracy as a guiding principal of the society in which we find ourselves. The words below bring back many memories. My parents and I subscribed to the National Geographic for decades and when they passed, I found myself with shelves …

Continue reading Scenes From A Drive Across America

The Manipulation of Southern Pride

My Comments: These are troubling times, and with good reason. I'm frustrated by my inability to do any more to effect a remedy than to occasionally share an idea or written word that comes to my attention. Here is one that I'd like to share with you. by Nick Mullins \ 13 AUG 2017 \ …

Continue reading The Manipulation of Southern Pride