How Living Longer Will Impact Your Retirement

My Comments: My posts last week focused on the stock market and my belief we're not yet near the bottom of the current cycle. This week, my attempts will focus on retirement issues. If you're 39 or older, you should find something of value here. I make no apology for promoting my recently published book …

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8 Things to Know About Trusts

My Comments: First, a disclaimer saying that I’m NOT an attorney. Do NOT rely on what you read here without first talking with your attorney. Having said that, you will find this useful if you’ve ever wanted to speak from the grave or at least make sure that if you become goofy, your wishes will …

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Spending In Retirement – Part One

My Comments: Having more money is almost always a good thing. Having enough money is a function of your core expenses (food, shelter, transportation, healthcare, utilities, etc.) compared with discretionary expenses. Things like travel, entertainment, nice cards vs OK cars, etc.  You’ve spent the last several years of your life establishing a lifestyle and odds …

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Is Humanity Under Threat?

My Comments: Fundamentally, I'm an optimist. I like to think the glass is half full. In the almost 7 decades I’ve lived on this planet, by and large, I’ve been very lucky. Increasingly, however, I’ve come to think that before long, the glass will be half empty. Some of that comes from the fact that …

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What is the pending SECURE Act from Congress?

First, SECURE is the acronym for Setting Every Community Up for Retirement Enhancement. Someone stayed awake nights coming up with all that. Second, it’s an attempt to bring the federal regulations about money saved for retirement purposes further into the 21st Century. Too many Americans are grossly unprepared for retirement and many that are prepared …

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Will You Need to Live in a Nursing Home?

Not to make too fine a point about this, but I don’t want that to be my fate. But it very well might be. I’ve talked about the three phases of retirement: the GO-GO years, the SLO-GO years and the NO-GO years. My mother had Alzheimer’s and lived in a nursing home for the last …

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Minimizing Risk in Retirement

Some of you will read this and determine I’m trying to sell you something. To some extent you’re right as I would love to have you enroll in one of my online courses at Successful Retirement Secrets. On another level, I’m interested in helping you come to terms with what you should do with your …

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What Kind of World Will Our Grandchildren Be Tasked With Running?

I was recently asked a question by a friend whose grandchildren’s ages are similar to mine. He asked me to name two things they might encounter in the world after he and I were long gone. What two things would make it hard for them to live the lives we hope for them. To which …

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Insights About Your Retirement Savings

A sub-title for this blog post might be: Mutual Funds? Annuities? ETFs? Or what? My not so clever answer is “It depends…”. To which you will ask “on what?”. Here’s a list to start with: What types of investments have you been successful with? What is your level of fear that you’ll run out of …

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A Few Reasons to File for Social Security at Full Retirement Age

Chances are you are already thinking about Social Security if you were born in 1960 or earlier. You are also aware of articles all over internet about when it’s best to sign up and start taking your retirement benefits. As someone who has taught workshops about Social Security for years, I can tell you that …

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