Paying for healthcare was the primary topic of a recent issue of Financial Planning magazine. When it comes to retirements, we assume that each of us will qualify for Medicare. For those of us already qualified, Medicare is a lifesaver, no pun intended. But... When we are young and feeling good, we take our health …
Tag: Retirement planning
Fidelity: 401(k) Balances Drop 12% in 3Q
(I don’t know about you but I’m getting really tired of all the woe and gloom that pervades our lives. At first glance, this post is much the same. But if you get to the end and have time, watch the presentation I created by clicking on the last line. For me its a ray …
What Does Retirement Really Cost? – Part III
What we’ve talked about in Part I & II is a basic application of the time value of money, given today’s interest rates. So, is it time to take up boozing, smoking and to hell with the exercise bike? Maybe. As a financial advisor, I can provide you with reams of data that suggest, over …
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What Does Retirement Really Cost? – Part II
Earlier, in Part I, I referenced an idea that came from Moshe Milevsky. The central question he posed was “Do I have enough...or will I live longer than my money?” This is a particularly vexing question. It's one of those riddles wrapped in an enigma, to which it is impossible to provide a fully satisfying …
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10 Sources of Retirement Income
In a perfect world, all of us would make lots of money, have been smart enough to accumulate successfully during our working years, and now, with good health, enjoy our lives with close friends, with family, and with lots of energy. Hah! Here is a list someone has created describing the 10 Sources of Retirement …
What Does Retirement Really Cost? – Part I
This is a question that surfaces in one form or another in virtually every conversation I have with a client or prospective client. The central point is that no one knows. How's that for insight? "Retirement" is that point in your life when you stop working for money and whatever money you have accumulated has …
Volatility Can Kill Your Variable Life Insurance Policy
The idea behind this post comes from an article by Gordon A. Schaller Several years ago you purchased a life insurance policy. You did this even though you always thought life insurance was a bad investment with returns of only 3-4%. However, this policy was supposed to be different; the premiums could be flexible and …
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Top 5 Critical Retirement Plan Mistakes To Avoid
As of 2011, The Investment Company Institute reports that the 401(k) plan retirement system holds over $3,000 billion in assets, over 50% of which are found in stock-based mutual funds. Despite their popular use, many investors are uncomfortable with them and unfamiliar with the "rules of the road" when it comes to the proper care …
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A Look Ahead at the Geography of Global Security
As readers of this blog know already, I’m fascinated by the thinking and writing of Thomas P.M.Barnett. He is a strategic thinker with an ability to express complex ideas and to synthesize those ideas in a way that is understandable to those of us not so blessed. Here is a recent article by Barnett that …
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Why the housing burden stalls America’s economic recovery
An article from the Financial Times by Dr. Lawrence Summers The central irony of the financial crisis is that while it is caused by too much confidence, too much borrowing and lending and too much spending, it can only be resolved with more confidence, more borrowing and lending, and more spending. Most policy failures in …
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Helping Define Your Financial Future 