My Comments: Too many people are wondering where the money will come from to pay for their retirement. And too many people will not have enough money to live the way they want to. And too many people will not have the necessary resources to pay for health care in retirement. All this is leading …
Continue reading Public Pensions Could Become Retirement Crisis for Everyone
My Comments: Do you want to re-invent the present so it more closely resembles the past that you know and understand and were happy with? Good luck with that. The present and the future is the only thing we can influence. Whether it’s over millennia or the next decade, the sooner you come to terms …
Continue reading The clear message in the United States’ shifting demographics
My Comments: Retirement mistakes are rarely obvious until long after you make them. And then it’s almost always too late to find a remedy. Don’t let yourself fall for the argument that on it’s face says you get more money if you wait to claim your Social Security benefits. Regardless of when you start, you're …
Continue reading 3 Awful Reasons to Take Social Security at 70
My Comments: We’re now almost three weeks past the midterm results. And the markets have been mostly negative. Now the discussion is about how far it will drop, and when, before the inevitable bottom and return to reality. My frustration is that I’ve been expecting a severe drop now for over 3 years; it makes …
My Comments: In addition to death and taxes, a third ‘truth’ is demographics. A reason for our current political troubles is that the historic white Christian majority believes it is under attack. And it is. And many in that historically white majority want to live in the past. I’ve long learned we cannot live in …
Continue reading The Clear Message in the United States’ Shifting Demographics
My Comments: The lack of financial literacy for most people is an existential risk when thinking about money and the role it plays in peoples everyday lives. And it becomes even greater when the idea of retirement surfaces and what has to be put in place long before that day arrives. Here’s a start… by …
My Comments: I’ve written before about income inequality and the effect it will have on society if we do not find a solution. The ever long crisis in the Middle East arises from vast segments of the population having very little compared to a small ruling class who have a lot. Using religion as a …
Continue reading Life is going to turn very nasty if we can’t solve the growth puzzle
My Comments: As you approach your retirement and your 62nd birthday, this question becomes increasingly relevant. Retirement is that point in your life when you essentially quit working for money and instead money starts working for you. The challenge is to make sure it’s working hard enough to keep you from running out of money …
Continue reading 3 Things That Affect When You Should Apply for Social Security
My Comments: With much of my time these days building a new business around retirement planning, the question of how long your money will last has huge implications. The 4% rule evolved in years past using the assumption that it would keep you from running out of money before you died. That assumption is not …
My Comments: To me, it’s both pathetic and amusing to hear political candidates rail against the idea of ‘socialism’ and declare it’s mankind’s greatest threat. Like so many of the ‘…isms” applied to economic models of all stripes, socialism is no more a threat to the health and welfare of any society than is capitalism …
Helping Define Your Financial Future 