10 Interesting Statistics About Social Security

My comments: The American Social Security system is designed, among other things, to keep older folks from having to sleep in the streets. As a child in 1950, I spent two years in India, courtesy of my father’s company who sent him there to train locals in the use of American made machinery provided to …

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Will Capitalism Allow This Idea?

I’ve been having ‘discussions’ lately with people I’ve known for years that now have issues with my so called ‘leftist’ ideas. They’ve gone so far as to suggest people with values like mine should just be ‘locked up.’ And here I thought they felt safe in a constitutional democracy. One person seemed to gleefully correct …

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Should We Support Medicare for All?

Those of us on the left end of the political spectrum are hearing some of our prospective 2020 candidates talk about ‘Medicare for All”. I think that’s a mistake. Not because I think ‘universal health care’ is a bad idea, but calling it ‘Medicare for All’ carries with it the implication of a massive government …

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Why Own A Life Insurance Policy?

When I started my professional life in financial services, the world was a very different place. My first license gave me permission to talk about and get paid for selling life insurance policies. Here I am today, in my later years, almost fully retired, and only yesterday I received a call from an old friend, …

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3 Things About the Next Recession/Market Crash

One is that recessions and market crashes, while there is a positive correlation, do not always happen at the same time or for the same reason. This means that one does not necessarily result in the other. Two is that over the past five decades, we’ve had 7 recessions here in the US. In each …

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Will You Need to Live in a Nursing Home?

Not to make too fine a point about this, but I don’t want that to be my fate. But it very well might be. I’ve talked about the three phases of retirement: the GO-GO years, the SLO-GO years and the NO-GO years. My mother had Alzheimer’s and lived in a nursing home for the last …

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Minimizing Risk in Retirement

Some of you will read this and determine I’m trying to sell you something. To some extent you’re right as I would love to have you enroll in one of my online courses at Successful Retirement Secrets. On another level, I’m interested in helping you come to terms with what you should do with your …

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