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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Fade Humpty Dumpty Rally

My Comments: My attempted theme this week is what to do with your retirement money going forward. For better or worse, I'm still waiting for the next significant downturn to put my money back to work. Some of you who have ridden the upswing over the past several weeks think I'm nuts. Some of this …

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What To Do With Your Money These Days

I don't know about you, but I've got time on my hands. Something that keeps me busy is posting something on my web site Monday thru Friday. This started some 10 years ago and the count is now well over 2000. Lately, I've been trying to establish a weekly theme for myself in terms of …

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The Missing Ingredient in Most Retirement Plans

My Comments: The author of this article makes an analogy between cooking and retirement. Miss a critical ingredient and it fails to work as expected. As we sit here with our brains in a knot attempting to find some rational return to normalcy, his comments to some degree conform to what I'm spending time with …

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Spending Money in Retirement

We don't usually associate retirement with spending money but there's a very strong relationship between the two. While there are other reasons, the primary reason for retirement is not wanting to work any more. Which begs the question, how are you going to pay for it. In today's America, apart from the current pandemic with …

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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 …

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Is the S&P 500 35% Overpriced?

My Comments: There is mounting pressure to start ignoring the negatives associated with the pandemic and instead focus on economic recovery. I understand that. The big question is where on the spectrum that runs from saving everyone to letting people die should we fall? This week I'm going to focus my thoughts on the stock …

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ROTH IRAs and Why They Make Sense

My Comments: They’ve been around for some time now, but because they cause you to use after-tax money, there’s always been a cloud around them. That’s a shame since they make sense when it comes to tactically allocating your retirement income among different sources and types of accounts. That retirement, assuming you live a normal …

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When Will (or IF) The Next Recession Hit?

My Comments: The current chaos in the markets is symptomatic of many variables that existed long before the coronavirus appeared and indeed, long before Trump was elected President. That they are happening now does not necessarily presage a recession, but for me, it’s looking more and more likely one will appear. For any number of …

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10 Questions A Couple Should Ask BEFORE Retirement

My Comments: These ten questions deserve answers. However, they assume an existing readiness to retire that may not exist. In my world, there are 8 critical questions that precede these such that a couple, or anyone for that matter, must first ask of themselves, and answer. With millions of Americans arriving at their retirement date …

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