Ideas to help preserve and grow your money
My Comments: This may have been written almost a year ago but it's even more relevant today. Last Tuesday I posted that I was cutting back to two posts a week, down from the five days a week routine I've been following since 2011. My new focus will be posts about 'retirement' issues. It's a …
Continue reading Companies are racing to dump their pension plans
As someone already in retirement, this is an issue I'm well aware of. It's not like it keeps me up at night but every time a large bill appears on the horizon, I become increasingly aware of the risk. For those of you still a long way from retirement, there are many issues over which …
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 …
Continue reading The Missing Ingredient in Most Retirement Plans
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 …
What follows are some words commonly used to describe retirement. They are all positive and ignore the fact that for some people, they are illusory. As the global pandemic rages on, whether you're already retired or it's somewhere in your future, there is a now need to find good things to think about from time …
If you're a functional adult and working for a living, taxes are always somewhere in the background of your financial well being. We don't have to like it, but it's a fact of life for most of us living today in America. At some point, you'll stop working for money and money will start working …
My Comments: Our recovery from our experience of the global pandemic will not be quick or inexpensive. We've already spent trillions of dollars and the damned thing is far from over. Society will look very different from what it was late last year. by Jim VanderHel & Mike Allen \ 19 APR 2020 \ https://tinyurl.com/y9ozjjy3 …
My Comments: My posts last week focused on the stock market and my belief we're not yet near the bottom of the current cycle. This week, my attempts will focus on retirement issues. If you're 39 or older, you should find something of value here. I make no apology for promoting my recently published book …
Continue reading How Living Longer Will Impact Your Retirement
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
My Comments: This week I've decided to focus my written thoughts on the stock and bond markets. As a retirement planning professional, what people have to spend in future years is very much a function of how the markets perform. All of us are aware the recent market crash was triggered by the pandemic and …
Continue reading The Reasons Why The Markets Will Go Much, Much Lower From Here
Helping Define Your Financial Future 