My Comments: First, Happy New Year to everyone. With any luck, 2022 is going to be better than 2021. Like so many current and acceptable financial tools for so many of us, annuities come associated with myths that may or may not be relevant anymore. Part of the problem is they come in so many …
Category: Retirement Planning
Ideas to help preserve and grow your money
The Best Reason to Take Social Security Long Before 70
My Comments: My history as a retirement planner goes back to the late 1970’s. My history as a socialist goes back to 2006 when I signed up to receive my first check from Social Security. I don’t know how old you are now or what your opinion is of our Social Security Administration (SSA). What …
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The Car and House Story
Here we are at the end of another year. Apart from spending extra money for Christmas, and dealing with the ongoing craziness of the pandemic, the main thrust in the financial world is getting us safely into January. But that’s not to say a market crash can't happen in December. Regardless of what happens in …
Include Home Equity as a Non-Correlated Asset in Your Retirement Portfolio
My Comments: First, the title above may seem long but is shorter than the actual title of the article behind this blog post. Second, for those of you who read my blog posts, from time-to-time going forward you’re going to see posts about reverse mortgages. A few months ago I became a fully qualified mortgage …
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We’ll Live to 100 – How Can We Afford It?
My Comments: I’m about to publish a new addition of the Dynamics of Retirement. (You’ll find the cover on the right side of this page). It has a chapter that asks How Long Will I Live?. The Covid19 pandemic has effectively reduced the statistical life expectancy of everyone in the US. And presumably across the …
Estate Planning Documents You Should Have
My Comments: The term “estate planning” for some implies there’s something substantial to pass on to one’s heirs, like an “estate”. In reality, it applies to everything you own when you die. It may be only the clothes on your back and some cash in your wallet or purse, but it may represent your savings …
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 …
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 …
Helping Define Your Financial Future 