My Comments: I’ve had roughly 75% of my investable money in cash for some months now. I have no idea if I’m right or wrong, just that it seems to make sense as I think there’s risk out there I don’t want to confront. These comments from a group I’ve known about for years tend …
Continue reading Everyone Has Been Brainwashed Into Buying The Dip, Now The Pain Comes
My Comments: Chances are once you’re old enough to file for Social Security benefits, among the financial threats you face going forward is paying for the health care costs you’ll likely have to deal with for the rest of your life. The following points to consider come from a Vanguard Funds research report published in …
Continue reading Planning for Health Care Costs in Retirement
My Comments: Many of us are wondering about our short-term financial future these days. What follows is a relatively short and relatively clear outline from someone I follow. It helps me come to terms with what to do with my own money, mindful none of us can really see into the future. It’s well worth …
My Comments: 2022 is now here and among my resolutions is to talk about my latest “project”, becoming a licensed mortgage broker here in Florida. My "project" efforts will focus exclusively on reverse mortgages and how they can dramatically help your financial well-being in retirement. A prominent writer in this arena is Don Graves. Here …
My Comments: First, Happy New Year to everyone. With any luck, 2022 is going to be better than 2021. Like so many current and acceptable financial tools for so many of us, annuities come associated with myths that may or may not be relevant anymore. Part of the problem is they come in so many …
My Comments: My history as a retirement planner goes back to the late 1970’s. My history as a socialist goes back to 2006 when I signed up to receive my first check from Social Security. I don’t know how old you are now or what your opinion is of our Social Security Administration (SSA). What …
Continue reading The Best Reason to Take Social Security Long Before 70
Here we are at the end of another year. Apart from spending extra money for Christmas, and dealing with the ongoing craziness of the pandemic, the main thrust in the financial world is getting us safely into January. But that’s not to say a market crash can't happen in December. Regardless of what happens in …
My Comments: First, the title above may seem long but is shorter than the actual title of the article behind this blog post. Second, for those of you who read my blog posts, from time-to-time going forward you’re going to see posts about reverse mortgages. A few months ago I became a fully qualified mortgage …
Continue reading Include Home Equity as a Non-Correlated Asset in Your Retirement Portfolio
My Comments: I’m about to publish a new addition of the Dynamics of Retirement. (You’ll find the cover on the right side of this page). It has a chapter that asks How Long Will I Live?. The Covid19 pandemic has effectively reduced the statistical life expectancy of everyone in the US. And presumably across the …
My Comments: The term “estate planning” for some implies there’s something substantial to pass on to one’s heirs, like an “estate”. In reality, it applies to everything you own when you die. It may be only the clothes on your back and some cash in your wallet or purse, but it may represent your savings …
Helping Define Your Financial Future 