My Comments: Arguments about being debt free have been with us forever. For those of you who understand economics and finance, there’s a need to differentiate between debt as a micro-economic vs macro-economic issue. On a personal level, the micro-economic level, we live finite lives. What we owe or don’t owe, significantly influences how we …
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!
4 Social Security Myths That Need to Die
My Comments: Again, since today is Tuesday, here’s something about Social Security that needs to be read and understood if you have not yet applied for retirement benefits. And even if you have, if it was in the last 12 months, you get a one-time do-over. Social Security can get really complicated if you let …
As a Kentucky mill shutters, steelworkers see the limits of Trump’s intervention
My Comments: This is a fascinating, and troubling, article that reveals two things to me. The first is that what we hear and read about at the national level has an abstract reality that as individuals we can usually only experience intellectualy. We may like it or we may hate it, but our response is …
Continue reading As a Kentucky mill shutters, steelworkers see the limits of Trump’s intervention
5 Sources of Retirement Income That Aren’t Taxable
My Comments: I’ve long argued that one way to pay more taxes is with more money. That should not preclude, however, finding legitimate ways to pay less. Just remember there are penalties for evading taxes that far exceed any penalties for avoiding taxes. Also, you should keep in mind what appeared in my blog post …
Continue reading 5 Sources of Retirement Income That Aren’t Taxable
The Time Traveler’s Guide To Investing (Part 1)
My Comments: I’ve long appreciated the ideas expressed by Erik Conley. As a retired person, I’m increasingly sensitive to the passage of time and the ever shrinking financial resources my wife and I accumulated to pay for our ‘golden years’. I plan to be ready when he appears with Part II. In the meantime, there …
Continue reading The Time Traveler’s Guide To Investing (Part 1)
3 Ways Bad Health Can Ruin Your Retirement
My Comments: The cost of health care in retirement can be dramatic. Things tend to go wrong as we age, and to the extent you want to maintain your lifestyle after retirement, we’re often faced with unpleasant choices. This is not intended to frighten you. If you’re as old as I am, you have long …
Understanding Social Security Survivors Benefits
My Comments: Today is Tuesday, which is when I typically post something about Social Security. Of all the sources of income you are likely to enjoy in retirement, Social Security is hands down the most valuable income source to millions of Americans in the years to come. For those of us married participants, survivor benefits …
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World Economy is Sleepwalking Into a New Financial Crisis.
My Comments: Roughly 30 years ago we were in a recovery phase following the great market crash in 1987. The next decade saw the run up to 2000, which saw massive amounts of money spent on computers and technology. By the turn of the millennium, we had the dot.com bubble, where all that money spent …
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Income Allocation vs Asset Allocation
Asset Allocation appeared as concept in the world of investment management in 1986. Three people, Gary P. Brinson, L. Randolph Hood, and Gilbert L. Beebower published groundbreaking research that demonstrated an arguably better way to manage money. Here’s the gist of what they said: “…by replacing active choices with simple asset classes worked just as …
Medicare for All Would Have Huge Benefits
My Comments: What follows is a profound commentary on the current state of health care in the US by Dr. Charles Hobson, a health care provider here in Gainesville. Additionally, my post dated last July 5, 2019 will add some insights into how we got to where we are today. I find it ironic that …
Helping Define Your Financial Future 