A Stock Market Correction Has Started as A Nightmare Scenario Unfolds

My Comments: I wish I had absolute confidence the writer is correct. I know a correction is somewhere in the future, but without a crystal ball, I remain confused. And worried. But the Omicron variant of the Covid dilemma may be the catalyst to trigger a serious market correction. By Mott Capital Management \ 26 …

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5 of the Best Financial Gifts for Grandkids

My Comments: One of the regrets I have about my youth is that when I was first employed with a college degree, I had no clue how to think about money and what to do with it other than spend it. There was always something to buy. Now, as a senior citizen with not-yet-adult grandkids, …

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5 Golden rules of retirement planning

My Comments: This was written almost two years ago and a quick read may lead to some confusion. That’s because there are references that caused me to realize the primary audience was people in India. The author’s name should have been a clue. I also realized that the ideas expressed, if you can overlook the …

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5 Golden rules of retirement planning

My Comments: This was written almost two years ago and a quick read may lead to some confusion. That’s because there are references that caused me to realize the primary audience was people in India. The author’s name should have been a clue. I also realized that the ideas expressed, if you can simply substitute …

Continue reading 5 Golden rules of retirement planning

3 Signs You Need a New Medicare Part D Plan

My Comments:  As per Wikipedia, Medicare Part D is as follows: Medicare Part D, also called the Medicare prescription drug benefit, is an optional United States federal-government program to help Medicare beneficiaries pay for self-administered prescription drugs. Part D was enacted as part of the Medicare Modernization Act of 2003 and went into effect on …

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Even Vanguard Is Warning About Future Returns

My Comments: No, Vanguard is not saying there’s about to be a market crash. What they’re saying is that over the next decade or so, the return on investment we’ve been used to over the past decade is likely to be a lot lower. This is something those of us in the investment advisory business …

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The 432-year-old Manual on Social Distancing

My Comments: Frankly, this turned out to be much longer than I expected, and I stopped reading before the end. What intrigued me was the time stamp which suggests something similar to what we’ve just experienced happened in 1589.  And since we’re about to be invaded by ghosts and goblins, it seemed an appropriate share …

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How to get free help during Medicare Open Enrollment now underway

My Comments: The cost of health care as you get older is increasingly a problem for most of us. Few of us are blessed with enough money that it’s never a concern. Once you reach age 65, Medicare becomes the default mechanism for paying for health care. Just remember, it only covers roughly 80% of …

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The 9 Best Vanguard Funds for Retirees

My Comments:  As someone who spent years positioned clients’ money and hoping it was done properly, at my retirement I just decided to simply put it all at Vanguard and monitor it. The fees are exceptionally low, the investment choices are all over the place, and from time to time, articles like this one appear …

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Social Security Changes for 2022

This information is for those of you in the following categories: You are not yet old enough to claim monthly benefits from Social Security.You are already 62 and older but have not yet claimed your benefits.You are already 62 or older and have claimed your benefits. If you’re in category 1, you may want to …

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