My Comments: As usual, talking about long-term care with clients, friends and family members is often a difficult conversation. As a financial planner for whom the need for personal long-term care is an increasing possibility, I’m sensitive to articles I run across that offer choices. Here is one of them. I know this looks and …
Tag: retire
Dear Future Me: Please Listen!
My Comments: There's a pharase about not letting the closing door hit you on the ass as you leave the room. It's also a metaphor for life. April 6, 2015 By Bob Seawright Bob Dylan hit on a universal truth when he sang about his son and the attraction of remaining young. May your hands …
Why Invest in Real Estate?
My Comments: This is a topic about which I know relatively little. But it’s real, people do make money, sometimes lots of it, and over the few years since the crash that started in 2008, some folks have made tons of money. The dramatic opportunities are probably behind us for a while as after several …
5 Annuity Questions With Rational Answers
My Comments: Every year, many BILLIONs of dollars flow from the pockets of Americans into a financial contract called an "annuity”. Originally, the idea was to give an insurance company some of your money, and they would agree to send it back to you, with interest, over time. Over the years, the sophistication of these …
Economic Data Releases
My Comments: These data points come from Guggenheim Partners. For some of you this is meaningless nonsense; for others, a quick review is intented to give you a glimpse of what is happening in the world, including the US. To put some of this in perspective, I saw an article this weekend that compared the …
Healthy Customers Equal Good Business
My Comments: Here we are at the beginning of 2015 and virtually all of us want to experience good news as opposed to bad news. I suspect we will have some of both as the next twelve months appear. Among the good news I’d like to experience is a recognition by the new Congress that …
4 Ways Social Security Could Be Healthy Again
My Comments: As someone who paid into the SSA system for over 50 years, it’s hard to describe the satisfaction my wife and I experience from the deposits made to our checking account every month. As an economist, I’ve watched how the system has been modified over the years to remain the safety net it …
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13 Reasons Why a QLAC Belongs in Your IRA
My Comments: Some people made good decisions along the way and now have significantly large IRA accounts. Some people I know have little need for the money to maintain their existing standard of living. If this is you and would like to find a way to NOT take money every year and pay the IRS …
5 Answers Every Investor Needs to Know About Annuities
My Comments: Giving answers implies there are questions that need answers. And anyone asking about personal money these days needs to know more about annuities. Not because you should necessarily put money into them, but because they are uniquely qualified to provide solutions that can can be found no where else. It turns on whether …
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Guess Who’s Back? The Middle Class
My Comments: There is lots of handwringing about last Tuesdays election results. And lots of people looking for someone to blame if it didn’t meet hopes and expectations. One of my long time concerns has been the growing inbalance between the haves and the have-nots. Statistically it’s very real with the middle class that evolved …
Helping Define Your Financial Future 