My Comments: With much of my time these days building a new business around retirement planning, the question of how long your money will last has huge implications. The 4% rule evolved in years past using the assumption that it would keep you from running out of money before you died. That assumption is not …
Tag: Alachua County
Planning for Retirement: a Checklist Approach
My Comments: Some of us are organized and some of us are not and the rest of us are 'sorta/kinda' organized. I’m in the 'sorta/kinda' organized group. I am, however, heavily invested these days in teaching others a process to follow when thinking about their future retirement. I’ve created an internet school called Successful Retirement …
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Maybe We Should Take Socialism Seriously
My Comments: To me, it’s both pathetic and amusing to hear political candidates rail against the idea of ‘socialism’ and declare it’s mankind’s greatest threat. Like so many of the ‘…isms” applied to economic models of all stripes, socialism is no more a threat to the health and welfare of any society than is capitalism …
3 Reasons 62-Year-Olds Should Take Social Security Now
My Comments: To all this, I will add another reason to take your benefits early. Reason #4: You are single and might not live very long. This applies to people who are single, likely to remain that way, and have a serious health issue. If there is reason to think you might not live into …
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A Glossary of Basic Investment Terms
My Comments: Financial literacy has to start somewhere. If you are planning for an eventual retirement and want to grow your money between now and then, a degree of financial literacy is mandatory. Start here… by Emma Johnson \ June 1, 2018 If you’ve ever scanned the business headlines, you’re probably familiar with terms like …
The Danger From Low-Skilled Immigrants: Not Having Them
My Comments: To Make America Great Again, the presumably well intended mantra for those leading the GOP these day, someone has to overcome ignorance of economics and start paying attention to reality. A positive corporate bottom line is the driving force for a healthy US economy. To reach that goal, we need people willing to …
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Higher Tariffs Won’t Work Now Because They Never Did
My Comments: At the national level, if we want more money to spend, both on ourselves as citizens and at the Federal level on things that require money to finance, please tell me why this administration insists on doing things that will result in less money. Yes, I know, the old and wealthy white cadre …
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The Forgotten Architect of the American Social Security System
My Comments: I’ve never understood the fear that surfaces among some people when the term ‘socialism’ appears. What threat do they feel from this poorly understood word? Yes, I remember the McCarthy hearings and the red menace of Communism. It manifested itself in Russia and China, and was perceived as a global threat to capitalism. …
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The Truth About Trump’s ‘Great Economy’
My Comments: Few of you reading this are confused about my politics. So I share these words with you as someone trained in economics and finance who has been an entrepreneur in financial services for over 42 years. Our society gives us, via the Constitution, the ability to express which values are important to us …
Medicare Open Enrollment Runs from October 15th to December 7th
My Comments: Medicare is an absolutely critical component if you expect to have a joyful and happy retirement. As someone who benefits monthly from it, I can attest to its value in contributing to my peace of mind. Don't vote for any politician who in any way threatens is viability. Each year, there is an …
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Helping Define Your Financial Future 