Making Sense Of Thursday’s Market Rout

My Comments: I make no claims about knowing what’s going on or how the future markets will unfold. I do know that I’ve been expecting a correction for months and have been on the sidelines since the recovery began last March. I’ve justified that because I’m more or less retired and don’t need to take …

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Two-Thirds of Americans Are in for a Huge Financial Shock in Retirement

My Comments: My time these days is spent promoting my book, The Dynamics of Retirement, and the complementary online course I created. I consider myself semi-retired. If you're interested, there's an image of the book just to the right on this page. People often fail to realize retirement turns out to be a 25-30 trek …

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Systemic Racism and I

This topic is not easy to write about and come to terms with. As an elderly white man, my values were formed over decades. Before I became an adult, it was influenced by the social environment I grew up in and the guidance I received from my parents and family members. Since then I've managed …

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21% of Americans Risk Financial Struggles in Retirement for This Reason

My Comments: Yeah, I know. Retirement is far down the road and it's conceptually difficult to imagine yourself ever getting there. But unless you die first, you will get there. And when you do, you're still looking at another 25+ years of life with bills to pay. How will you handle that if you're broke? …

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How To Prepare For The Greatest Wealth Transfer In History

My Comments: As a nation, we have three concurrent crises to deal with. The first and foremost is the pandemic. Nothing we accept as normal is going to return to normal until we find a way to control it. And that's complicated by the fact there is evidence it's mutating and becoming more easily spread …

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10 Things To Do Now If You’re A Decade Away From Retirement

My Comments: If you're not yet 50 years old, most of this may not resonate with you. On the other hand, you may realize that with the pandemic and other fundamental changes going on, the sooner you train your brain to pay at least some attention to your financial future, the better off you'll be. …

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3 Reasons Why You Should Use This Crisis To Make A Change

My Comments: Life, by definition, evolves, and almost never moves in a straight line. I found the following article on the Forbes website and it confirms my expressed thoughts about our current circumstances. I wrote earlier that our nation is experiencing it's fourth major upheaval since it's inception. They happen about every 80 years or …

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The Next Global Depression Is Coming and Optimism Won’t Slow It Down

My Comments: There are those who believe it's different this time. They are mystified some of us suggest the rules that govern economic activity are still valid. What is different is the current pandemic. It has the potential to kill you, especially if you're among the older cohort. Meanwhile we're looking at climate change, more …

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“I blame myself”: Retirement remains out of reach for millions of Americans

My Comments: These words are self-serving. If that bothers you, stop reading. I've spent much of the past 4 years writing a book and creating an online course to help people come to terms with the idea that once you retire, you're looking at another 25 plus years with an uncertain financial future. People have …

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The Next Market Plunge?

My Comments: I'm not a prophet of doom. Never have been and haven't changed my spots. But I am a realist when it comes to investing in the markets. I've been in cash since March and missed most of the 3 month rally since then. Disappointing but... Some readers of these blog posts have laughed …

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