My Comments: I may have retired from providing investment advice but I’ve not yet left the building. What happens in the world of money still interests me both professionally and personally. Attached to this post, by way of a link to a 12 page, downloadable report, is a projection from Guggenheim that says we’ll experience …
Tag: Retirement planning
The Perfect Storm (Of The Coming Market Crisis)
My Comments: We do not live in a perfect world. Flaws are all around us. As responsible adults, we always try to make good decisions, and mostly we succeed. Until we don’t. If you expect to live another 20 or 30 years, the money you’ll need to pay your bills has to come from somewhere. …
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10 Social Security Terms To Know And Understand
My Comments: Happy Thanksgiving everyone! For those of you still not signed up and receiving monthly benefits, here’s some useful things to know. For those of you who attended my Social Security workshops, you’ll recall the acronyms that appear on every page. There's even a couple more here for you to learn. Maurie Backman - …
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President Trump and Tribalism
My Comments: Some of you will see this as a political statement by me and perhaps recoil from it. I hope not. We are in the midst of a national, if not global, re-evaluation of the values that underly society. On a personal level, I’m very troubled by Trump and how his values about life, …
Stocks for the Long Run? Not Now
My Comments: There is increasing uncertainty about the stock market. This uncertainty has been growing now for the past 3 plus years. The long term trends described below, coupled with historically low interest rates, suggest the next decade will be disappointing to most of us. This analysis comes from a Guggenheim Investors report published last …
A Stock Market Crash In 2018?
My Comments: Last Monday, I posted comments from three people who said with conviction there was no reason to expect a market correction any time soon. Today I have someone with no discernable name who says, also with conviction, that we’ll have one next year. Here’s my take on this: if you are 60 years …
How this Bull Market Will End
My Comments: Once again, our assumptions about the future of the current bull market are challenged. I want these writers to be right, and that too is a challenge for me. I share it with you here in hopes it gives you a better idea about what to do with your money. By Krishna Memani, …
How to pay for long-term care? Several funding options exist
My Comments: If you don’t think about it, maybe it’ll go away. But for millions of us, living longer than our parents, LTC is an insidious risk that needs to be dealt with. There is probably no best answer, just a better one. Short of dying early, most of us will need advanced care of …
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One Of The Most Overbought Markets In History
My Comments: As someone with presumed knowledge about investing money, my record over these past 24 months has been pathetic. I’ve been defensive, expecting the markets to experience a significant correction “soon”… I lived through the crash of 1987, the crash in 2000, and then the Great Recession crash in 2008-09. I saw first hand …
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Medicare open enrollment begins Sunday – and not just for those age 65 and up…
My Comments: Have you noticed a flurry of ads on TV recently talking about Medicare and all the benefits you are entitled to for one easy price per month? I have. The ads promote the use of Medicare Plan C, also known as Medicare Advantage plans. They are a sop to the insurance industry, giving …
Continue reading Medicare open enrollment begins Sunday – and not just for those age 65 and up…
Helping Define Your Financial Future 