My Comments: If you are in pretty good health today, chances are you’re going to live into your 90’s. Which begs the next question: “How are you going to pay for food, shelter, medical care, etc.”? This is a global conundrum, brought about by medical advances and a reluctance on the part of people like …
Tag: investments
Long-Term Care Options
My Comments: Dr. Gloom here again. I suppose there is value in denial. At least I hope so. However, aging gracefully is not easy. When getting up in the morning is a struggle and you can’t remember if you’ve brushed your teeth, there may be a looming bump in the road. Couple that with both …
Social Security Rules
My Comments: For millions of us, Social Security is critical for keeping our heads above water. If you are just now entering the transition to retirement, what you read here is basic information you need to be aware of. Wendy Connick / May 12, 2017 Calculating your Social Security benefits can get...complicated. It's not just …
Asset Allocation Strategies That Work
My Comments: It’s not easy to make your money grow. And to make sure once it’s grown, it doesn’t disappear. A long time truth involves a principal called asset allocation. It means spreading your money across different styles and kinds of assets. Some will always work better than others, not just when going up, but …
What Is The World Coming To?
My Comments: What’s your poison? Politics? Money? Entertainment? Sports? Religion? Well, this post is about economics and finance. Some of you will run and hide. That’s OK. It comes from Guggenheim Investments and is a quick and dirty look at the next few months... With spreads tight in high-yield corporate bonds, loans, structured credit, and …
The Four Phases of Retirement
My Comments: Phases, paths, Journeys, stages? What’s your preference? I guess we retirement planners are always looking for a way to simplify what is almost always a complicated and sometimes tortuous phase/path/journey on our trip into the sunset. Let me know if you find any more. Leon C. LaBrecque, CFP®, CFA, CPA \ May 2, …
Equality or Chaos?
‘We get signals that the system is under enormous stress’ - Mohamed El-Erian A leading global economist and investor believes world leaders, and global capitalism, have reached a fork in the road between equality and chaos. Mohamed El-Erian is a name known to me for many years. When he speaks, I listen. I recommend you …
Medicare Knowledge
My Comments: The Kiplinger article from which this comes is titled “Ten Things You Must Know About Medicare.” With confusion being spread in D.C. these days, and with so many of us counting on Medicare to help us with medical issues as we live out our lives, I found this to be great information and …
A Revocable Living Trust?
My Comments: For the record, I am NOT an attorney. However, questions always surface about trusts. What are they exactly, how do they work, what kinds are there, which ones are appropriate for me, etc. These words from Jim Probasco go a long way toward a better understanding about the most common form of trust …
America’s Wealth Inequality Is Getting Worse
My Comments: Readers of this blog know I’ve railed against the growing income inequality in this country for a long time. Income inequality is inherent in the human condition. Since recorded time began, it’s clear there were “haves” and “have-nots”. In recent times, the disparity really started to diminish following the great depression in the …
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