My Comments: Demographics and interest rates are things over which few people have any control. It used to be DEATH AND TAXES, but not anymore. Before DEATH these days is an insidious threat called Long Term Care, or LTC. We can agree it’s not OK to just take old people out into the woods and …
Continue reading The Cost of Long-term Care is Going to Bankrupt Us
My Comments: No, I am not trying to sell you a reverse mortgage. I AM saying you should NOT dismiss them out of hand. Under the right circumstances, they are a valuable tool. As a disclaimer, you should know that I arranged one for myself a year ago. As a financial planner, I’ve encouraged clients …
Continue reading Could a Reverse Mortgage Save Your Retirement?
My Comments: First of all, Happy Labor Day to everyone. I trust you are able to take some time off to spend with family or do something fun to celebrate the end of summer. I’m working very hard these days to complete a project that I call Successful Retirement Secrets (SRS). My plan is to …
My Comments: Are you a middle-class American? I used to be and may still be, but those like me are a dying breed. The economic devastation now engulfing a huge portion of Texas is going to reverbrate across the nation. Apart from the humanitarian crisis, it will add to the unseen crisis affecting middle class …
My Comments: I wasn’t here in 1929 but I was here in 2000. If there is such a thing as handwriting on the wall, you should be able to see it. We’d had a great run up and the year 2000 was just around the corner. Everyone was worried that our computers would crash because …
Continue reading U.S. Stock Valuations haven’t been this Extreme since 1929 and 2000
My Comments: I wasn’t here in 1929 but I was here in 2000. If there is such a thing as handwriting on the wall, you should be able to see it. We’d had a great run up and the year 2000 was just around the corner. Everyone was worried that our computers would crash because …
Continue reading U.S. stock valuations haven’t been this extreme since 1929 and 2000
Friday = Random Thoughts Some of my Facebook friends may not realize I too want Donald Trump to be successful as President. Yes, I disagree with many of his positions on issues, but that alone isn’t enough for me to oppose him at every turn. For many years I played golf regularly with a group …
Continue reading The New World Order Is Leaving the U.S. Behind
My Comments: Value is in the eye of the beholder. When we need something, and it may be financial advice, pork chops or a car to drive, we typically spend money. If it's financial advice, it's sometime difficult to measure it's benefits, so be prepared to pay for it. As a self-styled expert on retirement …
Continue reading This is how much fees are hurting your retirement
Wednesday = Global Economics If you are anything like me, you’re uncomfortable with the forces at work across society that are creating tension, fear and animosity everywhere you look. When you add the ever present slurs and crude expletives, the message often gets lost. My definition of civility is way out of date. Instead of …
Continue reading Neoliberalism: the idea that swallowed the world
Tuesday = Social Security comments Concern about the continued viability of our Social Security system if very justified and real. The solutions to the problem are reltively simple and if started soon, will be absorbed by the economy with relative ease. But Capitol Hill is the wildcard here. The crisis is far from dramatic. Yet. …
Helping Define Your Financial Future 