Two-Thirds of Americans Are in for a Huge Financial Shock in Retirement

My Comments: My time these days is spent promoting my book, The Dynamics of Retirement, and it's companion online course. I consider myself semi-retired. For most of us, retirement turns into a 25-30 trek into an unknown financial future, with new and unexpected financial pressures. Studies reveal that 1 in 5 seniors today are living …

Continue reading Two-Thirds of Americans Are in for a Huge Financial Shock in Retirement

Two-Thirds of Americans Are in for a Huge Financial Shock in Retirement

My Comments: My time these days is spent promoting my book, The Dynamics of Retirement, and the complementary online course I created. I consider myself semi-retired. If you're interested, there's an image of the book just to the right on this page. People often fail to realize retirement turns out to be a 25-30 trek …

Continue reading Two-Thirds of Americans Are in for a Huge Financial Shock in Retirement

21% of Americans Risk Financial Struggles in Retirement for This Reason

My Comments: Yeah, I know. Retirement is far down the road and it's conceptually difficult to imagine yourself ever getting there. But unless you die first, you will get there. And when you do, you're still looking at another 25+ years of life with bills to pay. How will you handle that if you're broke? …

Continue reading 21% of Americans Risk Financial Struggles in Retirement for This Reason

How To Prepare For The Greatest Wealth Transfer In History

My Comments: As a nation, we have three concurrent crises to deal with. The first and foremost is the pandemic. Nothing we accept as normal is going to return to normal until we find a way to control it. And that's complicated by the fact there is evidence it's mutating and becoming more easily spread …

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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 …

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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 …

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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, …

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Don’t even think of owning stocks unless you’re willing to buy and hold for at least 10 years

My Comments: This is an example of how headlines and breathless remarks from TV people can be misleading. Who exactly is the writer talking to? Are you in his target audience or is he just trolling for anyone? I don't have a clue if the writer is technically competent to make that statement or not. …

Continue reading Don’t even think of owning stocks unless you’re willing to buy and hold for at least 10 years

Guggenheim’s Scott Minerd Sees Chance of S&P Falling as Low as 1,200

My Comments: With so many variables to think about, anyone with limited financial literacy is going to be confused. How old are you now? Have you developed a strategic plan for your financial future? Is there a retirement in your future? Do you listen to stock picking mavens for guidance? Are you financially sophisticated enough …

Continue reading Guggenheim’s Scott Minerd Sees Chance of S&P Falling as Low as 1,200

A Great Depression Or A Mild Recession? Absolutism, Probabilities, And Investment Strategy

My Comments: Never, ever, take what I've written and/or shared as gospel. It's my opinion the market will be down further than the 35% it dropped before the bounce back. I'm willing to nibble here and there but my target date before doing anything of consequence is the end of May. And that may be …

Continue reading A Great Depression Or A Mild Recession? Absolutism, Probabilities, And Investment Strategy