My Comments: Let me first acknowledge I have a profound respect for Robert Reich. His expressed ideas have always resonated with me and yes, he’s a Democrat, as am I. What follows is relevant these days given both the political environment we live in and the uncertainty about the economy and the investment markets. I …
Continue reading The Truth About The Economy That You’re Not Hearing
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’m sure you’re already aware the markets are very uncertain these days. For most of us, they’re down significantly for the year. For every pundit who says there’s a lot more downside to expect, there’s a pundit telling us we’ve essentially hit the bottom and the upside looks like a return to normal. After …
Continue reading The Retirement Life – The First of Many Steps
My Comments: By the time they arrived on the scene, I felt there wasn’t enough time left for me to grow a meaningful amount in the few years I had left to work. So, I never opened a Roth IRA. I wish I had but it didn’t happen. I now have many clients with Roth …
Continue reading Reasons to Convert Traditional Retirement Accounts to a Roth IRA
My Comments: Everyone with plans to retire needs to read this. It’s long, and perhaps has many thoughts you don’t want to deal with. As someone already retired, there are truths here that I’ve discovered we didn’t plan for and are paying the price today. Don’t be like me… by Alaina Tweddale \ 12 JUN …
The Employee Retention Credit or ERC is an element still in play from the CARES Act that was the Congressional response to the Covid pandemic. Originally, it was set to expire at the end of 2021. However, there are still many millions of dollars waiting to be asked for and claimed. According to the National …
My Comments: Personally, I’m still in transition. I tried to retire years ago, became terminally bored, so went back to work. I no longer work as hard nor am I as successful as before, but I’m still productive. At least in my own mind. That being said, I frequently encounter others who are starting to …
Continue reading Retirement Is a Transition, Not A Destination
My Comments: Virtually every employed person in the US has some expectation of getting older and having to survive on resources accumulated over the years. A great many of them have money accumulating in retirement accounts that to some extent depend on continued advances in the stock and bond markets. It’s very easy to go …
Continue reading 8 Facts You Need to Know About Stock Market Corrections
My Comments: Retirement is not all about money. Yes, having enough money helps a lot, but it’s only part of the puzzle. These 20 steps leaped out at me because so many of them are the default response for millions of people these days. For over 43 years, I’ve spent my life helping people grow …
My Comments: I’m sharing this article from Wade Pfau because it might help you better understand conflicting messages you encounter from those with whom you seek financial help. My online school, Successful Retirement Secrets™, was created to help anyone and everyone learn HOW to think about their financial future. In other words, to help you …
Continue reading Two Philosophies of Retirement Income Planning
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