Legacy, Estate Planning as Important as Retirement

My Comments: I expected to be retired now. But I'm one of millions who find it better to keep working and use the daily mental challenge to stay healthy, and because the income is welcome. But the topic here is not an easy one to resolve. I can attest to the difficulty of talking with …

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Austerity Obstructs Real Economic Reform

My Thoughts on This: This article comes from the Financial Times, a primarily English publication. If it has a bias, it is probably toward what we think of as liberal. And I’m usually forced to copy the entire post for those of you who are interested since to create a link forces the reader to …

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Putting China’s “Hacking Army” into Perspective

My Thoughts on This: As I get older, I become increasingly interested in how the future is likely to unfold. Part of it, I’m sure, is how much of it will I see, what will it look like, will I be there for my grandson’s high school graduation? We have reason to be somewhat fearful …

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Retirement Security Gets More Complicated

My Comments: While this was written a few weeks ago, the underlying theme is entirely valid today. There is little chance that interest rates are going to see any significant increase over the next 24 months. The Fed has said they are not going to mess with them for perhaps two more years. There is …

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Changes Coming in Long Term Care Insurance

We have been hearing that the leading LTC (long term care) insurers have all filed or will soon be filing for sex distinct rates. Up until now, there has been no distinction in the pricing of contracts between male and female. Some companies offered discounts when husband and wife both bought a policy which was …

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Transatlantic Pact Promises Bigger Prize

My Thoughts on This: As an investment advisor with clients who depend on my judgment about where to put their money, I tend to follow economics and global politics with a profesional interest. This article comes from Great Britain. There are almost always pros and cons to consider when playing the financial odds about the …

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Panel: No Need To Sweat The End Of 30-Year Bond Rally

My Comments: All of this reinforces my advice as a financial advisor for my clients to use the programs from Purcell Advisory Services. Yes, this is a commercial, but if you have money to invest, and are not happy with where it is or the folks allegedly looking after it, click on this maze image …

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Corporations Are Sitting on More Cash Because There’s More Cash To Sit On

My Comments: This is one of the reasons why so many people expect the markets, especially the stock market, to do well in 2013. One of the uses for all this cash is to buy back stock, which in turn reduces the supply, and if you know a little bit about economics, if you reduce …

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Coalition Fights Florida Retirement System Changes

By Paula Aven Gladych A bill scheduled for consideration today in the Government Operations Subcommittee of the Florida House of Representatives would weaken a healthy retirement system, raise taxpayer costs and force more Floridians to rely on social services, according to opponents of the measure. The bill would close the Florida Retirement System defined benefit …

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Hedging Against Retirees’ Big Fears

My Comments: This is a long post so beware. But it serves to express clearly three topics that I encounter almost every time I have a heart to heart talk with a retired, or soon to be retired client. It’s not intended to increase your fears, but rather put what fears there are in perspective …

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