My Comments: In the past several weeks, the only “good news” about investment markets has come from sources I consider unreliable. These are pundits and political figures I’m now convinced don’t have my best interests in mind when they stand in front of us and make unsupportable claims. On the other hand, I’ve been waiting …
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!
Should You Always Sign Up for Medicare Part B at 65?
First, everyone should understand that Medicare Part A covers inpatient hospital and skilled nursing care. Medicare Part B covers all outpatient needs, doctors services such as office visits and surgery, MRIs, chemotherapy and the list goes on. Second, to qualify for Medicare at all, one must work and pay taxes for 10 years or 40 …
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How America’s Retirement Dream Became a Nightmare
My Comments: There is a fundamental generational change taking place in America today. It will have significant ramifications politically and economically. When I grew up years ago, it was a given that I would go to college, get married, and enjoy a life that would equal or exceed that of my parents. As it evolved, …
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4 Reasons People Succeed at Retirement
My Comments: How do you define 'retirement success'? I can tell you without reservation that it’s purely subjective and personal. My success could easily be someone else’s failure, and vice versa. My time these days is teaching others a step-by-step process to get them ready for retirement. Which leads to wondering what is meant by …
Three candidates for the next big economic bubble
My Comments: I was here for the crash of 1987, the crash of 2000, and most recently the one in 2008-2009. I wasn’t here for the one in the 1930’s but my parents were and that probably influenced my thinking about market crashes. Many of us think we’re overdue for another. There’s a lot of …
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An Overview of Roth IRAs for 2020
My Comments: The recently enacted SECURE Act did not fundamentally change the set of rules about accumulating money for retirement. But it did change the landscape for many people. For years, the Roth IRA has seemed like an exotic step-child in the financial planning world. I think this happened because contributions to Roth IRAs generally …
Problems Created by The SECURE Act
The SECURE Act, signed into law last December, brings important benefits for Americans, both retired and not yet retired. The Act will influence how you save money for retirement and how you withdraw money from retirement accounts in the future. It also includes rule changes that will cause distress for some. Given that none of …
Peace For Our Time
My Comments: Please understand this is not a Happy Valentine's Day message. Far from it. Nevertheless, Happy Valentine's Day! When I saw the title above that appeared in a news feed I follow, it seemed a little strange. However, the source was a highly credible one, someone with responsibility for many billions of investable assets …
The State of the US Economy
My Comments: Most of us are waiting for the inevitable crash. We hope there'll never be another, but the realists among us know one will appear sooner or later. The tax bill enacted in 2017 was supposed to result in greater consumption numbers since it was passed to presumably reduce the tax bill for most …
Climate Change and Retirement, Part 4
I first wrote about this issue last May followed by parts 2 and 3 in November and December. I’ve found myself having two minds about climate change as an existential threat to society as we navigate through the 21st Century. On one hand, I think the threat is real, regardless of whether it’s a natural …
Helping Define Your Financial Future 