My Comments: This warning notice came to me from a woman I trust whose professional focus is helping those of us who are in the later stages of our lives. Her name is Star Bradbury and she lives here in Gainesville, Florida. Her recent email to me about this potential financial threat arrived in my …
Continue reading FBI Warns of Huge Uptick in Elder Financial Scams!
My Comments: I’ve long followed Dr. Dahle and remarked on his expertise with respect to investing money for retirement. His specialty is advice for fellow White Coat professionals but his ideas should resonate with anyone working to accumulate funds to finance one’s life when their work life ends. What follows here is his introduction to …
My Comments: I signed up for Medicare health benefits at age 65. As the years have passed health issues have surfaced and being able to quickly reach out for medical help to solve those issues has been great. You just need to remember that Medicare pays roughly 80% of your medical bill after you receive …
Continue reading Here’s What Happens When You Don’t Sign Up for Medicare On Time
My Comments: If you’ve read my recent posts, you’ll know I’ve spoken about fiduciary standards and encouraged you to specifically ask whether the money person you’re talking with is willing to declare themselves a fiduciary. That declaration holds them responsible for acting in your best interest. Yes, there will always be the occasional con man, …
Continue reading What Is The Upcoming Retirement Security Rule, and Will it Help You?
My Comments: You may have seen recent articles suggesting that annuities are the worst thing since sliced bread for your retirement money. What is typically ignored is that for fiduciaries and professional financial advisors like myself, there are lousy annuities and there are excellent annuities to choose from. The challenge for you is to know …
Continue reading The Pros and Cons of Buying an Annuity For Retirement
My Comments: First, I was never a Baby Boomer since I’m from the Silent Generation. But what follows here is good information. I “retired” at age 70 and quickly became what I refer to as “terminally bored” and it wasn't long before I became “un-retired”. Fortunately things have worked out OK for me and I …
Continue reading I’m a Baby Boomer Who Had To Un-Retire: 3 Money Lessons I Wish I’d Known
My Comments: Some, if not most of you, already know that getting older can become increasingly problematical and costly. Things tend to start going wrong and expensive to get fixed. It’s long been the case that people are living longer these days. A critical issue is whether your ability to function and solve daily issues …
Continue reading 3 Long-term Care Insurance Moves to Make Before You’re 75
My Comments: In my many years on this planet, there have always been financial issues that affect virtually all of us. Today, there’s fear we’re heading toward a recession, there’s an election approaching which has many people concerned, inflation is an issue with too many of us on the lower end of the spectrum dealing …
Continue reading Billionaires Pay Lower Tax Rate Than Working Class for First Time
My Comments: Last week I attended a luncheon where the formal program was a panel of professionals discussing trusts. The focus was on trustee responsibilities, the fact we’re living longer, trustees and/or beneficiaries are increasingly likely to become mentally challenged, children are having to wait longer and longer to receive their beneficial interest, and other …
Continue reading How to Choose Your Trustee or Executor of Your Will
My Comments: There are good annuities and there are bad annuities. Most of the bad ones have been created and aggressively sold by insurance companies whose sole objective is to generate revenue for the company and their agents. The study results described below tell us why they have been successful. It’s not easy to find …
Continue reading Annuities are key to American retirement. So why are so few Americans buying them?
Helping Define Your Financial Future 