My Comments: It’s a truism in our society that having more money rather than less money is a good thing. And retirement, by definition, is a time in your life when earning money to pay bills and enjoy life is not in the cards. That being said, if you expect or need to transition to …
Tag: financial planner
Medicare Statistics
My Comments: Medicare is a critical element for retired Americans. These statistics are not jaw-dropping but re-affirm our need to be very careful about making changes to Medicare. I’m not convinced the folks in Congress have my best interests in mind when they talk about making changes. Consider yourself enlightened. Maurie Backman | Apr 20, …
What’s Killing The Long-Term Care Insurance Industry?
My Comments: This was written almost five years ago. During these years, every reader today is almost five years older and while the world has changed dramatically, the demographics are still with us. Among the existential risks we all face is what is known as a Long-Term Care, or LTC event. Before we all die, …
Continue reading What’s Killing The Long-Term Care Insurance Industry?
The 7 Elements of a Successful Retirement
My Comments: Just 7? No, there are lots more, but you have to start somewhere. The first element reflects my personal approach to this. There has to be a real understanding of the difference between strategies and tactics. There’s a reason that seems militaristic because it is. I’ve just borrowed it to use in financial …
Donald Trump’s Big Problem
My Comments: To my Trump supporting friends, this is not a rant against our president. Governments work, or don't work, on vastly different rule sets than does private enterprise. Government is a public enterprise and the outcomes by their very nature will be markedly different. His skills as a businessman don't necessarily translate effectively to …
Social Security Is Failing Because the Program Is Antiquated
My Comments: This is far and away the most coherent overview I’ve read that addresses the problems faced by Social Security going forward. Now we have to convince the politicians that it’s in everyone’s best interest to take remedial action. Sean Williams \ Apr 8, 2017 \ https://tinyurl.com/y8qnxfny The data doesn't lie: a majority of …
Continue reading Social Security Is Failing Because the Program Is Antiquated
The Brilliant Incoherence of Trump’s Foreign Policy
My Comments: This may be far too long to read in one sitting. But if, like me, you are willing to absorb some rather heavy reading, you may find yourself somewhat relieved by the message. Stephen Sestanovich | May 2017 Every 20 years or so—the regularity is a little astonishing—Americans hold a serious debate about …
Continue reading The Brilliant Incoherence of Trump’s Foreign Policy
Will Trumponomics Actually Work?
My Comments: No need to freak out here; it’s not written in a strange language. This is a short, understandable comment that appeared in a fundamentally sound forum about business and economics. Unless we are happy being in debt to someone else, our primary effort is to spend less than we actually earn, since taxes …
Avoid These 6 Social Security Claiming Mistakes
My Comments: I’ve yet to find anyone who fully understands Social Security. Especially among working class Americans whose future standard of living will depend to some degree on the benefits they receive from Social Security. And I readily admit to being one of those people. Sometimes, it’s just helpful to understand the mistakes to be …
Continue reading Avoid These 6 Social Security Claiming Mistakes
Russia has a grand plan to undermine the West’s democracies — and it’s working
My Comments: Several months have passed since this was written but the message is as real today as it was then, perhaps even more so. I’m almost willing to give 45 and his cronies a pass since I don’t think it was, or is, their intent to subvert our system of democracy. But they sure …
Continue reading Russia has a grand plan to undermine the West’s democracies — and it’s working
Helping Define Your Financial Future 