My Comments: To all this, I will add another reason to take your benefits early. Reason #4: You are single and might not live very long. This applies to people who are single, likely to remain that way, and have a serious health issue. If there is reason to think you might not live into …
Continue reading 3 Reasons 62-Year-Olds Should Take Social Security Now
My Comments: Financial literacy has to start somewhere. If you are planning for an eventual retirement and want to grow your money between now and then, a degree of financial literacy is mandatory. Start here… by Emma Johnson \ June 1, 2018 If you’ve ever scanned the business headlines, you’re probably familiar with terms like …
My Comments: To Make America Great Again, the presumably well intended mantra for those leading the GOP these day, someone has to overcome ignorance of economics and start paying attention to reality. A positive corporate bottom line is the driving force for a healthy US economy. To reach that goal, we need people willing to …
Continue reading The Danger From Low-Skilled Immigrants: Not Having Them
My Comments: At the national level, if we want more money to spend, both on ourselves as citizens and at the Federal level on things that require money to finance, please tell me why this administration insists on doing things that will result in less money. Yes, I know, the old and wealthy white cadre …
Continue reading Higher Tariffs Won’t Work Now Because They Never Did
My Comments: I’ve never understood the fear that surfaces among some people when the term ‘socialism’ appears. What threat do they feel from this poorly understood word? Yes, I remember the McCarthy hearings and the red menace of Communism. It manifested itself in Russia and China, and was perceived as a global threat to capitalism. …
Continue reading The Forgotten Architect of the American Social Security System
My Comments: Few of you reading this are confused about my politics. So I share these words with you as someone trained in economics and finance who has been an entrepreneur in financial services for over 42 years. Our society gives us, via the Constitution, the ability to express which values are important to us …
My Comments: Medicare is an absolutely critical component if you expect to have a joyful and happy retirement. As someone who benefits monthly from it, I can attest to its value in contributing to my peace of mind. Don't vote for any politician who in any way threatens is viability. Each year, there is an …
Continue reading Medicare Open Enrollment Runs from October 15th to December 7th
My Comments: Facing retirement without enough money is a frightening prospect. And leaving money on the table that you can claim doesn’t make much sense. These words from Laurance Kotlikoff might apply to you if you’re between ages 64.9 and 68. by Laurence Kotlikoff \ October 15, 2018 Summary • The 2015 Social Security amendments …
Continue reading Millions Of Americans Are Leaving Social Security Spousal Benefits On The Table
My Comments: I’ve been cautious for a long time. Some would say too long since it means I’ve missed some great advances in the markets. But I’ve reached an age where I simply don’t want to be stressed and watch huge chunks of our money disappear. That being said, I can only urge you to …
Continue reading The Next Bear Market is Coming, but it Should Be Less Fierce than the Last Downturn
My Comments: Long Term Care and the associated costs have become an increasingly obvious existential risk faced by people in retirement. We’re living longer and longer and despite our best efforts, we tend to become more goofy and less healthy as we age. If we can no longer function on our own, of if we …
Continue reading Paying for Long Term Care with a Hybrid Life Insurance Policy
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