My Comments: Is it? Time alone will tell, but I’m doing my best to sit this one out. My best guess, like yours, will be either good or bad, depending on how the next few months play out. by Mott Capital Mgt. \ 7 AUG 2022 \ https://tinyurl.com/2q988542 History can act as a guide, not …
Continue reading The S&P 500 May Be Near the Most Dangerous Phase of The Bear Market
I can suggest dozens of questions that when answered, will define your retirement. And I can suggest more questions that when answered, will re-define your retirement. While money and having enough is important, there are other things to consider if you want your retired years to end with few regrets. For example, how will you …
Life can be scary sometimes. It can be doubly scary when we realize personal financial decisions are inherently emotional decisions. Who among us has not made a bad choice along the way where money was involved? Conceptually, retirement is inherently personal. And the elephant in the room at first glance is almost exclusively a matter …
Continue reading Investing for Retirement: What Price Are You Willing to Pay for Guarantees?
In days past, if you were fortunate, your full time job included what is known as a defined benefit pension plan. Your ‘benefit’ was determined, or defined, by how long you worked for that employer, your age when you retired, and how much you were making when you retired. That last element might have been …
Continue reading Defined Benefit Pension Plans and Retirement
Yesterday I asked if you were feeling lucky. The idea being that if things work out for you, your journey end will arrive with few regrets. Before you conclude I’m trying too hard to deny you years of fun and games, I’m really focused on helping you enjoy a worry free and financially secure retirement. …
Are you feeling lucky? As you reach the end of the road, worrying about what might have been has little purpose. Before you get there, you’ll likely pass through three phases. I refer to them as the the GO-GO years, the SLO-GO years, followed by the NO-GO years. When the average life expectancy for a …
Have you got enough money? Is there a point in time when making new guesses about your retirement funds become an exercise in futility? Sure, you could probably work a few more years and have a few more bucks in the bank, but at what price? I’m reminded of the Social Security dictum that everything …
My Comments: 45 million people is a lot of potential voters. That’s the number of American receiving retirement benefits every month. As 2035 gets closer and it becomes obvious changes have to be made by Congress to maintain Social Security, how many of those potential voters are going to elect someone willing to let Social …
Continue reading High Income Inequality Hurts Social Security’s Finances
My Comments: With this topic, we’re dealing with mixed messages, both are in a foreign language. On one side are the brokerage firms and investment professionals whose expertise is probably exceptional, telling you what’s the best thing to do with your money. On the other side are insurance professionals whose income is largely a function …
Continue reading Equity-Indexed Annuities As a Retirement Strategy
My Comments: I grew up thinking I’d retire when I reached 65. That was in 2006. For a lot of reasons, here I am in 2019 calling myself semi-retired and working about 30 hours each week. Yes, I no longer have to put on a coat and tie and wander around town looking for new …
Continue reading The New Normal for Retirement: There Isn’t One
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