New Medicare cards: What to do if you haven’t received your new card

My Comments: I have not yet received mine but perhaps it’ll come in today’s mail. The idea is that with so much money at stake, there are too many opportunities for the bad guys to game the system. This is an effort to make that harder. I hope it works as planned. What I know …

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Watch Your Wallets — The Next Crash Is Coming

My Thoughts for Monday, Labor Day 2018: The sun is shining here, the daily showers have not yet arrived, I’ve been to the fitness center already, and life is relatively normal. Happy Labor Day! But I can get far from the reality that is our life in America these days. In many respects, it’s good …

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10 things I’ve learned 10 years after I finished medical school

Friday’s Random Thoughts: I’ve long argued that the health care system in America is a mess. (How Did Health Care Get to Be Such a Mess?) These next words from Kevin Tolliver, a physician with a strong exposure to economics and finance, is a welcome addition to the debate. It’s taken a long time to …

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What Is Missing From Most Retirement Advice

Tony’s thoughts about this: For those of you who have not yet ‘retired’, know that it will be dramatically different from your ‘before retired’ years. Planning for those years, if you expect to enjoy life and consider your retirement a success, is essential. My days as an active, looking for new clients financial person are …

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How Well is American Capitalism Working?

Tony’s Comments: I’m becoming a Social Capitalist in my old age. On the one hand I embrace capitalism as the most viable economic model for us to follow while on the other hand know that in it’s purest form, it can be as evil and unworkable as communism at the other end of the spectrum. …

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Social Security’s Primary Insurance Amount: What Is It?

Tony’s Comments: Since today is  Tuesday, this is about Social Security. For those of you who plan to retire one day, a basic understanding of Social Security and how it works is a critical element of your overall retirement planning strategy. This article appeared in Motley Fool, and for whatever reason, does not have an …

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The Longest Bull Market In History And What Happens Next

Tony’s Comments: What is often overlooked by those writing about the impending doom of the stock market is the age of the reader. What I mean by this is that if you are trying to accumulate money for your eventual retirement, and you have 20 or 30 years between now and then, much of what …

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This Is Why People Flunk Retirement

My Comments: Few of us realize as we pass through young adulthood that life is finite. We may lose an elderly family member and we acknowledge the inevitable but few of us are able to get our arms around what it might mean for us. I describe retirement as that point in your life when …

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The Truth About Social Security: Setting the Record Straight

My Comments: Retirement at some point in your life is both a goal and an outcome. It may happen voluntarily or it may be forced on you. Regardless of how you get there, chances are you’ll still have bills to pay. Those bills will be paid from money you’ve saved and accumulated or from Social …

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Here’s The Proof That U.S. Stocks Are Experiencing A Massive Bubble

My Comments: To say I’m uncertain what tomorrow will bring is an understatement. For every article like this one that is pessimistic, there is another with presumably compelling logic that the next market crash of consequence will not be here until 2030 or later. At my age, I'm inclined to be cautious. Yes, I have …

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