My Comments: Wow! A monthly payment every month for the rest of your life! How good is that? Despite the caustic rhetoric filling the air waves, causing turmoil and worry, I very much doubt there’s going to be any drastic changes to Social Security. Some loud voices want it to be abolished, but there are …
Continue reading The Death of Social Security Has Been Greatly Exaggerated
My Comments: Much of my retirement money is at Vanguard. At some point I’m going to decide we’ve hit bottom and move it back into Vanguard growth funds or ETFs. But right now, if you have the courage of your convictions, here are five low cost funds that you can use. If you are still …
Continue reading The 6 Best Vanguard Funds to Own in a Bear Market
My Comments: In a political context, my initial reaction to having Trump in the White House was that it was a healthy step in the evolution of these United States. We’ve been a formidable leader on the world stage for the past 80 plus years. From time to time, it is useful for the status …
Continue reading Trump’s ties to the Russian mafia go back 3 decades
My Comments: Though written two years ago, the message here is increasingly relevant. Social Security is under attack by the Republican leadership in the Senate. Reasonable solutions to keep it viable and properly funded are readily available provided there is a political will to make that happen. My experience over the past 40 years in …
My Comments: My observations and memories of economic and financial forces over the past five decades has led me to fundamentally distrust the moves made by those who profess to Make America Great Again. My instincts told me they were pushing us in the opposite direction, ie Make America Irrelevant. It started with us withdrawing …
Continue reading How Donald Trump Is Shaping The Next Global Economic Recession
My Comments: Well, duh! This headline seems like a no-brainer to me. Social Security was created as a safety net program 80 plus years ago. This implies you MUST have additional funds so you can pay your bills. With 80 years of expectations now built into the system, it has become ‘normal’ to view it …
Continue reading 4 Reasons You Can’t Live on Social Security
My Comments: My efforts to coach people to start thinking seriously about their future retirement is complicated. For every positive associated with retirement there are just as many negatives. This is one of them. Unless you plan to die before you reach retirement, you should find time to get your ducks lined up well in …
Continue reading Retirees Will Spend a Third of Their Social Security on This One Big Expense
My Comments: Too many people are wondering where the money will come from to pay for their retirement. And too many people will not have enough money to live the way they want to. And too many people will not have the necessary resources to pay for health care in retirement. All this is leading …
Continue reading Public Pensions Could Become Retirement Crisis for Everyone
My Comments: Do you want to re-invent the present so it more closely resembles the past that you know and understand and were happy with? Good luck with that. The present and the future is the only thing we can influence. Whether it’s over millennia or the next decade, the sooner you come to terms …
Continue reading The clear message in the United States’ shifting demographics
My Comments: Retirement mistakes are rarely obvious until long after you make them. And then it’s almost always too late to find a remedy. Don’t let yourself fall for the argument that on it’s face says you get more money if you wait to claim your Social Security benefits. Regardless of when you start, you're …
Continue reading 3 Awful Reasons to Take Social Security at 70
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