Lower Your Expectations for Returns Over the Next Decade

My Comments: My professional focus these days is helping people retire with more money. Headlines like these don’t help much. If your focus is just growing a larger pile of money so when you do retire, your pile is large enough to finance what could be a 30 year time span, an existential threat to …

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403(b) Retirement Plans and Fiduciary Standards

If you, or your spouse, are employed by a public school district, or a charity, or a foundation, or a church based enterprise, you need to read this. First, a 403(b) plan is a defined contribution retirement plan established and maintained for employees of certain governmental employers (hospitals, public schools, etc.), churches, and 501(c)(3) tax-exempt …

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Health Care in Retirement

Will you be able to pay for healthcare in retirement? If you become physically or mentally disabled, how will you pay the bills to keep you alive? Not being able to pay for health care in retirement is a major existential threat for millions of Americans coming to terms with their pending retirement. If you …

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Got a will? Here are 11 more end-of-life documents you may need

My Comments: Most of you know that I’m now semi-retired. My transition to full retirement is ongoing and may not happen until my lights go out. This outcome is more and more common these days. Many millions of us are not ready to fully retire and we find ways to continue doing what we’ve done …

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5 Long-Term Care Stats That Will Blow You Away

My Comments: As someone with more years under my belt that I like to think about, dealing with the potential costs of long term care is never far from my mind. We all know that sooner or later the light will go out, but none of can be sure it will go out quickly. And …

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A Radical, Redistributive Re-imagining of Capitalism?

My Comments: You may have heard me describe myself as a Social Capitalist. That term is my effort to describle my views as an economist troubled by the widening gap in income across this country. Sooner or later we have to come to terms with what I call unfettered capitalism which in my judgement, has …

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What to Do with All Those Old 401(k)s and IRAs

It's about as fun as herding cats, but rounding up all your IRAs and 401(k)s into just one or two accounts can really simplify your financial life. My Comments: The IRS says you can have as many retirment accounts as you like. All they care about is getting their share of the money when you …

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