If I believed it was so, I’d be writing that there’s no retirement problem looming over us. But there is a problem, and you and I alone cannot fix it. I’m not sure it’s fixable. All we can do is be aware of it and at a personal level, figure out ways to survive it. …
Continue reading The Coming Pension Crisis Is So Big That It’s A Problem For Everyone
My Comments: Wealth inequality has become an existential threat to the future of American society. The chaos in Washington, indeed the election of trump to ‘drain the swamp’, is an evolving extension of this problem. If the problem has a solution, it’s going to take many years, perhaps generations, to see us return to the …
Continue reading How To Solve America’s $100 Trillion Problem Of Wealth Inequality
My Comments: I’ve now posted almost 1900 blog posts on this site since I started in 2011. Everyone of them, until now, has required you to read a sometimes lengthy article on some topic. This one is a video that impressed me with it’s relevance. I think it’s worth another 7 minutes of your day. …
Continue reading Why Traditional Retirement Advice Could Leave You Broke
My Comments: I don’t believe we’re going to see a 90% drop in the stock market. Period. What I do believe is that the longer we wait for the next crash, the deeper it’s going to be. If you have money somewhere that you plan to use for your retirement, you need to be very …
Continue reading What The Charts Say About A Possible 90% Drop In The Stock Market
My Comments: Most articles about retirement focus on money. Or how to avoid not having any. For millions of Americans, that’s the number one fear as the years roll by. What’s described here is both tragic in one sense and perhaps avoidable in another. And for each, there’s an underlying message to be learned by …
My Comments: A tragedy for whom, you might ask. I interpret this to mean everyone with money invested who cannot afford to lose a bunch of it. And especially those no longer working, whose ability to survive financially is dependent on money invested in retirement accounts. Yes, I know, I’ve been telling this tale now …
Continue reading A tragedy is unfolding in the stock market that should worry both bulls and bears
By Tony Kendzior, CLU, ChFC These facts about Social Security are intended as general information for those planning to file for Social Security benefits. The idea is to help you get what you are entitled to and not leave dollars behind that can’t be recovered. You should seek guidance from the Social Security Administration (SSA) …
My Comments: David Brown says current conditions resemble those of 2007-08, but a wave of populist nationalism spearheaded by the US president is undermining global institutions that ended the Great Recession. Will you be ready for another Great Depression? I've long argued we are years away from the next iteration of the Great Depression of …
My Comments: Let me disclose upfront that some of my income today results from people signing up and taking courses from Successful Retirement Secrets, an online school I created to help people retire. The message from this post by Katie Brockman (some 18 months ago) is that most of those who say they are unhappy …
Continue reading Retirement living: 28% of seniors say it’s worse than expected
My Comments: Those of us with years under our belt know how confusing issues about money become. Without a working knowledge of how it works, we become quick victims of those willing to reach into our pockets and help themselves to our money. But, you say, it’s the American way. Some argue vehemently to limit …
Continue reading Should high schools be required to teach financial literacy?
Helping Define Your Financial Future 