My Comments: I’ve always enjoyed the traditional greeting associated with today: Happy New Year! And so I offer you my heartfelt wishes for a HAPPY NEW YEAR! But the reality is that for many millions of Americans, 2019 will not be a happy year. And so I offer an apology for spoiling the fun with …
Continue reading The Shrinking Middle Class: The Current State of Affairs
My Comments: As always, this is when I try to identify and make a list of things I want to do in the coming year. And as always, I might get one done but by the end of January, it’s all in the rear view mirror. But that doesn’t mean new year’s resolutions are a …
Continue reading The Ten Best Personal Finance Resolutions for 2019
My Comments: Thinking hard about your future retirement can be painful. But unless you want your later years full of unwanted stress, you need to spend time thinking about it. This is a rather technical overview for those of you not afraid of change and how it might affect your life going forward. November 1, …
Continue reading Change Is Coming To The Retirement Landscape
My Comments: What is described here is gut wrenching for me. Much of that is because the Democratic Party was, and perhaps remains, tone deaf to the malaise that gripped working people across the country as we approached 2016. As before, we cannot remake the past, only influence the future. My efforts to make positive …
Continue reading The death of our Siemens factory is the result of another Trump lie
My Comments: People become emotionally involved with their retirement accounts. With retirement money, there are components that reflect future peace of mind, freedom, independence and comfort levels. Making decisions about it are inherently difficult. Couple that with a feeling of intimidation resulting from, among other things, a lack of control over what’s happening with their …
Continue reading Why You Should Move Your 401(k) Into An IRA
My Comments: This is an alarmist headline written some five months ago. Because the ‘disaster’ has not yet happened, there’s a false assumption that it won’t happen. Markets crash, whether we like it or not. No amount of bluster by the political party in power or the efforts of the Federal Reserve will change the …
Continue reading America Is Overdue for Another Economic Disaster
My Comments: I don’t care if you are already receiving Social Security benefits or not, this is something every one of you should do. What you will find is that the Social Security website is a really good one, full of useful information and easy to navigate. If you expect to start receiving a monthly …
Continue reading If You Do Only 1 Thing This Social Security Month, Do This
My Comments: I strongly agree with this advice. If you plan to use the money invested to help pay for your retirement, the only additional consideration is whether you need income today from the money invested or whether it’s likely to be 10 years or more down the road. Financial decisions, which obviously includes investing …
Continue reading The Dow’s tumbles may raise fears, but you should still own stocks
by Tony Kendzior \ December 14, 2018 Being alive virtually anywhere on the planet in the 21st century carries with it certain risks. How you deal with those risks largely determines your sense of well being as you navigate the ups and downs of everyday life. Risks are all around us. Some are inconsequential and …
(and What It Will Mean for the Economy) My Comments: I’ve written previously about the danger of income inequality. You only have to look at countries in the middle east to understand the chaos and turmoil in countries where the middle class barely exists. Any population without a realistic ability to rise above poverty is …
Continue reading Why the American Middle Class Is Disappearing
Helping Define Your Financial Future 