My Comments: We live in a society where having more money is considered better than having less money. Would you agree? That being said, many of us who are now retired or retired and are now working again, are trying to figure out how much we need. There is no definitive answer for any of …
Tag: financial planner
‘Galactic Tick Day’ Celebrates Sun’s Trip Around the Galaxy
My Comments: Every now and then something surfaces that has nothing to do with finance, but is both interesting and useless. This is one of those things. By Calla Cofield, Space.com Staff Writer | September 6, 2016 Every time the Earth makes one complete loop around the sun, humans celebrate the journey with some kind …
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Social Security: 10 smart ways to get more benefits
My Comments: For most 21st Century Americans who live long enough to retire, a monthly check from the Social Security Administration is at the core of their future financial freedom. This is a state of mind that says we “have enough money coming in to pay our basic bills for shelter, for food, for transportation, …
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How the The Social Security Spouse Benefit Works
My Comments: Our Social Security system is a vital source of income for the vast majority of us who are age 62 and beyond. If you have a qualified earnings history, by the time you reach age 62 you can elect to start receiving a lifetime annuity, one that has a cost of living adjustment …
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A New Policy Orthodoxy Is Emerging
My Comments: The more things change, the more they stay the same. Or is it the other way around? If your future financial wellbeing depends on guarantees and positive market performance, the more you need to pay attention to these trends. Or at least interact with professionals who do follow and understand them. This is …
Options for Funding Long-Term Care Expenses
My Comments: When you reach retirement age, the elephant in the room becomes Long Term Care. This is when someone in the household becomes unable to perform two of what are called Actitivies of Daily Living, or ADLs. A healthy spouse will simply take on more and more to help the affected person manage and …
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Understanding Social Security Spousal Benefits
My Comments: these details were found at a site called WiserWomen.com . They are consistent with my thoughts about how to get the most from the Social Security system as you ask questions to find the optimal timing to apply and possibly suspend your benefits. If you want a personal analysis and comprehensive report, talk …
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Here’s How You Know The Stock Market Is Hugely Overvalued
My Comments: Worrying about your money is a normal activity. At least it is for me. That being said, to the extent you have money somewhere where your principal is not guaranteed, I think there is a high probability you will soon suffer some losses. Actually, unless you sell at a loss, you really haven’t …
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ThrowBack Thursday: My College Days
About this time some 57 years ago I arrived in Gainesville, Florida. I was a freshman with no clue yet what to study and no meaningful focus other than survive on my own with a vague sense of taking the next steps. I found myself enveloped in a group of non-conformists whose extra-curricular avocation was …
The Real Economy Trumps Republican ‘Dark Ages’
My Comments: If I’m guilty of a ‘liberal media bias”, so be it. As an economist and financial professional for the past 40 years, I think I know how to read the tea leaves of global economic reality. They say our economy is relatively solid. Unemployment is low and growing. Corporate earnings are OK, if …
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Helping Define Your Financial Future 