My Comments: While this was written five years ago, the message is increasingly relevant. Despite Medicare for those of us over age 65, it’s recognized that medical care in this country is far more expensive, all things being equal, than it is in the rest of the world. Couple that with increasing longevity and chances …
Continue reading On Eve of Retirement, Savings for Medical Costs Can Fall Short
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
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
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 …
My Comments: No one disputes the argument that health care in this country is expensive. No one seems to dispute that quality health care in this country is readily available if you can afford it. What is disputed is why, among the 30 or so highly industrialized nations in the world, we rank almost last …
Continue reading Coronavirus drives health insurers back to Obamacare
My Comments: My readers have long known of my lack of respect for Donald Trump. Some ten days ago, he and Mike Pompeo began a coordinated effort to shift the blame for our slow response to the Covid19 pandemic. The idea was to allege there was voluminous evidence it originated in a lab in Wuhan. …
Continue reading Did the Coronavirus Originate Outside of Wuhan?
My Comments: Last Wednesday I posted something about Covid19 that resonated with me. Since then, I've I decided I'm tired of always writing about the stock market, about retirement planning, about Social Security, etc. Life for too many us has been turned upside down by the pandemic. So this week I'll be writing more about …
My Comments: I found this to be a rational, entertaining and objective analysis of circumstances in which we find ourselves. It's ubiquitous, and it's potential for doing harm to me and my family is not far from my conscious thoughts seven days a week. I'm not sharing in an attempt to assign blame for what …
I write these posts because it helps me stay busy, and because it’s easier for me to express my thoughts through my finger tips than it is through my mouth. I cannot untangle my tongue very well; I can easily erase and rewrite something. If I say something helpful, I'm pleased, but mostly I do …
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 …
Continue reading Should You Always Sign Up for Medicare Part B at 65?
Helping You Prepare Your Financial Future 