The New Normal for Retirement: There Isn’t One

I grew up thinking I’d retire when I reached 65. That was in 2006. For a lot of reasons, here I am in 2019 calling myself semi-retired and working about 30 hours each week. Yes, I no longer have to put on a coat and tie and wander around town looking for new clients. And …

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How To Solve America’s $100 Trillion Problem Of Wealth Inequality

My Comments: Wealth inequality has become an existential threat to the future of American society. The chaos in Washington, indeed the election of trump to ‘drain the swamp’, is an evolving extension of this problem. If the problem has a solution, it’s going to take many years, perhaps generations, to see us return to the …

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6 Facts About Bonds You Need to Understand

My Comments: When you buy bonds, someone now owes you money. When you buy stocks, you now own part of a commercial enterprise, if not all of it. But this is about bonds. If you lend money to your kids, and expect them to pay you back, you may or may not charge them for …

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Useful Social Security Facts

By Tony Kendzior, CLU, ChFC These facts about Social Security are intended as general information for those planning to file for Social Security benefits. The idea is to help you get what you are entitled to and not leave dollars behind that can’t be recovered. You should seek guidance from the Social Security Administration (SSA) …

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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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