Social Security Fundamentals

My Comments: Forget for a minute that without changes from Congress, Social Security as we know it today will collapse. We’re probably 15 years away from that happening which means no one now in Congress gives a damn. In the meantime, many of you are starting to explore when and how to sign up for …

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Make This Obstruction Thing Go Away

My Comments: Coming to terms with the chaos in Washington, DC is not easy. Especially if you are inclined to favor Democrat Party values and themes. The insights expressed here may help Democrats and Republicans alike. I simply know many of us on the left are not happy. By Dahlia Lithwick / June 22, 2017 …

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Retirement Roulette

My Comments: I’ve been known to place a bet now and then. But Las Vegas, for me, is nothing more than a place to visit from time to time. But it takes all kinds, and if you are one who enjoys the uncertainty of your financial future, here’s an article for you to consider. Thanks …

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A $400 Trillion Financial Time Bomb

My Comments: Scary. I’ll be gone by then, but are you kids listening? Allison Schrager / June 2, 2017 Financial disaster is looming, and not because of the stock market or subprime loans. The coming crisis is more insidious, structural, and almost certain to blow up eventually. The World Economic Forum (WEF) predicts that by …

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Nursing Homes, LTC And College Planning Are Toast, So Is Retirement

My Comments: I graduated from high school some 58 years ago this month. So… Time for a visit and see who is still alive. And also meet up with my college roommate whom I haven’t seen for 54 years. A busy few days. He's the one in the middle staring at the camera. So I …

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“…the Nature of Capitalism”

My Comments: There are changes afoot, and 45 and his cronies seem to have few clues. Or, more likely, they don't give a damn. The disparity between those at the top of the economic food chain and the rest of us not at the top, is called ‘income inequality’. The different approach taken by the …

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When to Start Social Security

My Comments: A very serious question, and one that requires some thinking about. We’ve talked about this before, but if you’ve not yet signed up, here are five questions you can ask yourself to get a better answer. Chuck Saletta – May 19, 2017 Your lifetime Social Security retirement benefit is expected to be about …

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A Look Back at Michael Flynn

My Comments: With recent testimony from James Comey, the narrative we’ve been glued to for the past many months takes a new turn. Please understand that once elected, I wanted 45 to succeed. I’m not happy with all the talk of impeachment. It’s not in my best interest as a citizen of these United States …

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Growth Is Not Dead, But It Is Dying

My Comments: My post on May 26th last about Demographics and Money suggested reasons why economic growth in long established nations will be nothing to brag about going forward. Despite the current Administration suggesting a return to not just 3% annual growth for the US economy, but wait for it, 4% annual growth, it’s just …

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Social Security Changes Coming

My Comments: We all know Social Security is here to stay, right? Well, maybe not. What was started in 1935 has undergone a few revisions, the last significant one in 1983. That was because it was going broke fast, and the baby boomers and their impending retirement were on the horizon. Well, it’s time for …

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