My Comments: We do not live in a perfect world. Flaws are all around us. As responsible adults, we always try to make good decisions, and mostly we succeed. Until we don’t. If you expect to live another 20 or 30 years, the money you’ll need to pay your bills has to come from somewhere. …
Continue reading The Perfect Storm (Of The Coming Market Crisis)
My Comments: Happy Thanksgiving everyone! For those of you still not signed up and receiving monthly benefits, here’s some useful things to know. For those of you who attended my Social Security workshops, you’ll recall the acronyms that appear on every page. There's even a couple more here for you to learn. Maurie Backman - …
Continue reading 10 Social Security Terms To Know And Understand
My Comments: Some of you will see this as a political statement by me and perhaps recoil from it. I hope not. We are in the midst of a national, if not global, re-evaluation of the values that underly society. On a personal level, I’m very troubled by Trump and how his values about life, …
My Comments: There is increasing uncertainty about the stock market. This uncertainty has been growing now for the past 3 plus years. The long term trends described below, coupled with historically low interest rates, suggest the next decade will be disappointing to most of us. This analysis comes from a Guggenheim Investors report published last …
My Comments: Once again, our assumptions about the future of the current bull market are challenged. I want these writers to be right, and that too is a challenge for me. I share it with you here in hopes it gives you a better idea about what to do with your money. By Krishna Memani, …
My Comments: If you don’t think about it, maybe it’ll go away. But for millions of us, living longer than our parents, LTC is an insidious risk that needs to be dealt with. There is probably no best answer, just a better one. Short of dying early, most of us will need advanced care of …
Continue reading How to pay for long-term care? Several funding options exist
My Comments: Have you noticed a flurry of ads on TV recently talking about Medicare and all the benefits you are entitled to for one easy price per month? I have. The ads promote the use of Medicare Plan C, also known as Medicare Advantage plans. They are a sop to the insurance industry, giving …
Continue reading Medicare open enrollment begins Sunday – and not just for those age 65 and up…
My Comments: As someone born on British soil, I am more than casually interested as Britain comes to terms with it’s choice to leave the European Union. Immigration is but one of several areas with huge economic implications for Britain in the coming years. There are parallels between what is expressed in this article by …
Continue reading Why Britain needs the immigrants it doesn’t want
My Comments: I argued last week (Is Capitalism Killing America?) that pure communism and pure capitalism are flawed economic models for society. They simply define the ends of a continuum along which we as a society are struggling to place ourselves. I think this topic needs a better understanding. Mindful that economics is as easy …
Continue reading The End Of Capitalism Is Already Starting–If You Know Where To Look
My Comments: In the minds of many, capitalism is the antithesis of communism. And they are essentially right. In the minds of many, communism and socialism and fascism are one and the same. And they are essentially wrong. Communism is an economic model where the state owns everything involved in providing goods and services to …
Helping Define Your Financial Future 