My Comments: Little is said these days about those who are investing for the future and are still working vs those investing for the future who are no longer working. Think of it as being defined as the accumulation phase of your life vs the distribution phase of your life. Different rules apply. Vanguard Funds …
Continue reading Vanguard’s Chairman Sees Muted Decade for Stocks After Long Rally
My Comments: Followers of my comments know that I’ve talked in the past about how to fix the projected ‘crisis’ of the Social Security system. I remember the last one, and in 1983 it was fixed. At least for the time being. What happened then was the upper threshold of income subject to what we …
My Comments: Frankly, I have no idea if it will or not, but I tend to pay attention when people smarter than I start talking about stuff that is clearly an existential threat to my financial well being and that of my clients, family and friends. If the money you have saved is critical in …
Continue reading The market will crash this year — and there’s a good reason why
My Comments: These are strange times. I'm having a hard time coming to terms with my beliefs and values as a human and the values and beliefs as expressed by others. Mine have evolved over the past 76 years and encompass everything that defines me as a member of society. I'm comfortable in my own …
My Comments: Those of us who live long enough to enter the final stages of our lives get to confront something that rarely happens to those not retired. I often refer to this as ‘becoming goofy’, though it’s not always a mental affliction. (My mother had Alzheimer's and needed constant attention for over nine years.) …
Continue reading The 1 Retirement Expense We’re Still Not Preparing For
My Comments: We can argue ‘till we’re blue in the face about when this is going to happen and none of us will be right. Just know it will happen. There’s a reference in Scott Minerd’s comments below about the Fed raising interest rates. Here is a chart I found some time ago that shows …
Continue reading Guggenheim investment chief sees a recession and a 40% plunge in stocks ahead
My Comments: For millions of us, Social Security is a critical component and source of income as we attempt to flourish and enjoy our retirement. For those of you who decry the idea of ‘socialism’, I encourage you to attempt to finish your life without every cashing one of your monthly checks. Yes, you might …
Continue reading 7 Social Security “did you know” moments to consider
My Comments: For millions of us, a predictable monthly income from Social Security has become critical for sustaining our standard of living. For many reasons, we should be increasingly worried about it. But that story is for another day. Right now, I’m sharing with you what I hope is a simple overview if you have …
My Comments: You have not heard much from me lately. That's because I've been spending hours and hours building an internet course on retirement planning. I'm not there yet but soon will be. Keep following this blog and you'll get an announcement when it's ready. In the meantime, we're at the end of Quarter 1 …
My Comments: Little is said these days about those who are investing for the future and are still working vs those investing for the future who are no longer working. Think of it as being defined as the accumulation phase of your life vs the distribution phase of your life. Different rules apply. Vanguard Funds …
Continue reading Vanguard’s Chairman Sees Muted Decade for Stocks After Long Rally
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