My Comments: There are many comments from presumably smart people at the end of this article that appeared recently. You can find them via the link just below. Many refute what he says and think he’s full of it. Meanwhile, I’m a retired person, and the threat of losing too much money in the short-term …
Continue reading A Massive Stock Market Bubble May Be About To Burst
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: I’ve written about the risks of being alive. Not having enough money in retirement is one of them. This article, featuring comments by Jana Greer, CEO of American International Group, a multinational finance and insurance corporation, can be interpreted as a sales pitch that you may or may not respond to. For me, …
Continue reading Retiring in a down market can mean 2/3 less money for rest of your life…
My Comments: These words from Nicholas Hopwood of Plymouth, Michigan, echo the lessons I teach in my online courses at Successful Retirement Secrets. The challenge for everyone who expects to someday retire is to prepare themselves without becoming obsessed with what has to happen first. He stresses, as do I, the need to fully understand …
My Comments: While this was apparently written for Canadians, I assure you it is equally valid for those of us in the States. What you can never forget is that not every financial advisor or company offering investment products have your best interest at heart. That’s not to say fees are evil, they are not. …
Continue reading Here’s what fees can do to your retirement if you don’t pay attention
My Comments: Being alive carries with it certain risks. Some can be managed and some cannot. Running out of money in retirement is a risk you want to avoid if you can. To the extent you have been able to pay off a home mortgage or otherwise find yourself with an equity position, sometime a …
Continue reading How a Reverse Mortgage Can Benefit You in Retirement
My Comments: Much of my retirement money is at Vanguard. At some point I’m going to decide we’ve hit bottom and move it back into Vanguard growth funds or ETFs. But right now, if you have the courage of your convictions, here are five low cost funds that you can use. If you are still …
Continue reading The 6 Best Vanguard Funds to Own in a Bear Market
My Comments: My efforts to coach people to start thinking seriously about their future retirement is complicated. For every positive associated with retirement there are just as many negatives. This is one of them. Unless you plan to die before you reach retirement, you should find time to get your ducks lined up well in …
Continue reading Retirees Will Spend a Third of Their Social Security on This One Big Expense
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