My Comments: For many years than I am aware of, there have been “experts” who have expressed their opinion about the optimum rate to withdraw money from accumulated retirement funds. The reason for this is to offset a fear by many of running out of money at some point before you die. Typically, that’s not …
Category: Retirement Planning
Ideas to help preserve and grow your money
Mixed Signals Give Gold Investors Whiplash
Goldman Sachs declares an end to 12-year run-up of gold, just before Bernanke reaffirms monetary easing My Comments: Gold, in its many forms, from actual coins, to shares of gold mining companies across the globe, has been a strong investment for many people over these past few years. We can argue that it reached bubble …
Legacy, Estate Planning as Important as Retirement
My Comments: I expected to be retired now. But I'm one of millions who find it better to keep working and use the daily mental challenge to stay healthy, and because the income is welcome. But the topic here is not an easy one to resolve. I can attest to the difficulty of talking with …
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Retirement Security Gets More Complicated
My Comments: While this was written a few weeks ago, the underlying theme is entirely valid today. There is little chance that interest rates are going to see any significant increase over the next 24 months. The Fed has said they are not going to mess with them for perhaps two more years. There is …
Corporations Are Sitting on More Cash Because There’s More Cash To Sit On
My Comments: This is one of the reasons why so many people expect the markets, especially the stock market, to do well in 2013. One of the uses for all this cash is to buy back stock, which in turn reduces the supply, and if you know a little bit about economics, if you reduce …
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Coalition Fights Florida Retirement System Changes
By Paula Aven Gladych A bill scheduled for consideration today in the Government Operations Subcommittee of the Florida House of Representatives would weaken a healthy retirement system, raise taxpayer costs and force more Floridians to rely on social services, according to opponents of the measure. The bill would close the Florida Retirement System defined benefit …
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Hedging Against Retirees’ Big Fears
My Comments: This is a long post so beware. But it serves to express clearly three topics that I encounter almost every time I have a heart to heart talk with a retired, or soon to be retired client. It’s not intended to increase your fears, but rather put what fears there are in perspective …
Are Your Clients Better Prepared Than Abraham Lincoln Was?
My Comments: This came as a reminder to me that none of has a contract with God to be here tomorrow, much less a few years from now. And there are things you should anticipate and take care of to make sure your family is not turned upside down when that lack of contract turns …
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Study: Prolonged Low Interest Rates Have Major Impact on Retirement Income
My Comments: I promised a more positive attitude going forward and here you probably think I’m reneging on my commitment. I think of it more as a way to provide readers with an alternative when it comes to retirement income. My wife and I passed a local bank yesterday and they had a sign outside …
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4 Costly Social Security Mistakes
My Thoughts on This: This is an issue that is increasingly complicated. In the "old" days, you simply reached a certain age, signed up, and began to get a check. The size of the check was a function of how much you had contributed over the years. Then there was the possibility of starting before …
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