My Comments: Increasingly, I find myself working with older clients. After all, I’m an older advisor. From time to time there is a question of how fast you should decumulate your nest egg(s). (I’m not sure if “decumulate” is an approved word, but the intent is to convey the opposite of accumulate.) The rule of …
Tag: retirement advisor
Capitalism: Looking Past The Bottom Line
My Comments: If this author is right, then this issue will have an impact on the mid-term elections this fall as well as the elections in 2016. The lasting legacy of the Obama administration will be the PPACA or ObamaCare legislation. When it was enacted, our cost of health care was increasing much faster than …
Keeping the NSA in Perspective
My Comments: This won’t interest some of you, which is OK. Others will recognize it as part of the cosmos that includes our economy and our political environment. These things contribute to the process that results in the amount of money we have to live our lives the way we want to. I’ve long said …
The Conversation I Don’t Want to Have
My Comments: There are probably other conversations I don’t want to have but this is the one on todays agenda. It involves the problems all of us face as we grow older. The alternative to growing older is you have already died, which in itself is not a happy thought. A colleague in California penned …
US Economy: Blame Misaligned Policies, Not Structural Flaws
My Comments: I recently engaged in what turned out to be a mindless discussion on LinkedIn that started with the question “Who Creates Inflation?” My comments and those of several others offered our thoughts that it was a “what” that creates inflation and not a “who”. It was soon apparent that the leader and some …
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Perspective
From time to time my natural balance, especially my mental balance, gets out of whack. Some in my family argue this is increasingly frequent. To solve this, I sometimes turn to images and thoughts about the vast emptiness of the universe. Thinking about this and looking at images like this one leads me to conclude …
7 Retirement Planning Risks You May Not Have Considered
My Comments: We wonder sometimes why the media is so consumed with bad news; it’s hard to find items that make you feel good. Unfortunately, I herewith add another element of negativity to the days actvity. On the other hand, knowing about these seven may help you avoid them which is a good thing. Does …
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First Million-Dollar Drug Near; Prices Double on Dozens of Treatments
My Comments: This is the power of free market enterprise. Without controls, if you have a monopoly, or close to a monopoly, you can expect a profit motive to drive the train. What I see happening is that while they can, drug companies are taking in as much as possible before ObamaCare (PPACA) forces them …
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Guide to Tracking Down Old 401k Accounts
My Comments: From time to time someone will ask me about an old account they had when they worked somewhere else. They have no paperwork they can find and no memory of whether they transferred the money, how much it was, etc. This guide came from a source I use from tme to time where …
Scorpions, Chiggers & Sand Fleas
My Comments: I wish I knew who wrote this and who sent it to me so I could give them proper credit. The closest I’ve come to “war” was my early years in England when the Germans were dropping bombs on the surrounding countryside near London. Intellectually I know that from time to time it’s …
Helping Define Your Financial Future 