My Comments: Just 7? No, there are lots more, but you have to start somewhere. The first element reflects my personal approach to this. There has to be a real understanding of the difference between strategies and tactics. There’s a reason that seems militaristic because it is. I’ve just borrowed it to use in financial …
Category: Retirement Planning
Ideas to help preserve and grow your money
Social Security Is Failing Because the Program Is Antiquated
My Comments: This is far and away the most coherent overview I’ve read that addresses the problems faced by Social Security going forward. Now we have to convince the politicians that it’s in everyone’s best interest to take remedial action. Sean Williams \ Apr 8, 2017 \ https://tinyurl.com/y8qnxfny The data doesn't lie: a majority of …
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Social Security Taxes
My comments: Social Security is under threat. It’s running out of money. Sort of. Back in 1983, under President Reagan, Congress made some changes as, like now, the future of the program looked cloudy. They increased the age at which you qualified for full benefits, they increased the percentage of earned income you paid into …
6 Retirement Lessons
My Comments: My professional efforts these days are focused on helping people make good decisions about their retirement. My grey hair lends itself to this demographic. So my posts tend to favor ideas and thoughts that are relevant to many people either starting to navigate these transitional waters to retirement, or are already there. Nov …
How Timing Impacts Your Retirement Portfolio Longevity
My Comments: Many a client has asked “How long will my money last?” and the only rational, unsatisfactory answer is “It depends”. Unfortunately, luck plays a major role in our lives. If you’re alive and well today, chances are you’ve had at least some good luck. In answering the above question, much depends on timing, …
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A Retirement Checklist
My Comments: There’s a fundamental difference between strategies and tactics. If you don’t now know the difference, and you realistically plan to retire at some point, then I encourage you to learn and understand the difference. Too many people get caught up in tactical steps, responding to what they might see on TV or in …
Attention, Seniors: A New Social Security COLA Bill Was Just Introduced in Congress
My Comments: This might be good news if it wasn’t so unlikely to happen. Sean Williams | Mar 18, 2017 According to the January snapshot provided by the Social Security Administration, nearly 41.4 million retired workers are receiving a monthly benefits check from Social Security totaling an average of $1,363. While that may not sound …
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5 Ways to Protect Your Money in Retirement
My Comments: OK, #5 may be a bit of a stretch for me. I’ve had a black thumb all my life; anything I plant dies immediately. There are now millions of us in retirement, or what for some of us is semi-retirement. And whether you believe it or not, the rules underlying economics and finance …
6 Reasons to Work Past Retirement Age
My Comments: You may not need a reason to keep working. But more and more of us are choosing to remain employed. Modern medicine has conspired to keep us healthy, and boredom is an ugly threat. If you have great ways to spend your time and enough money to avoid running out if you live …
Opinion: This, not Donald Trump, is the true revolution upending stock-market investing
My Thoughts on This: Hysteria on Wall Street! The Crash is Coming! No, It’s NOT! It’s refreshing to see behind the news and find an insight that serves to explain what’s probably going on. These comments by Howard Gold are probably close to the truth. NOT FAKE NEWS! Published: Feb 1, 2017 by Howard Gold …
Helping Define Your Financial Future 