My Comments: Scary. I’ll be gone by then, but are you kids listening? Allison Schrager / June 2, 2017 Financial disaster is looming, and not because of the stock market or subprime loans. The coming crisis is more insidious, structural, and almost certain to blow up eventually. The World Economic Forum (WEF) predicts that by …
Tag: Retirement planning
Nursing Homes, LTC And College Planning Are Toast, So Is Retirement
My Comments: I graduated from high school some 58 years ago this month. So… Time for a visit and see who is still alive. And also meet up with my college roommate whom I haven’t seen for 54 years. A busy few days. He's the one in the middle staring at the camera. So I …
Continue reading Nursing Homes, LTC And College Planning Are Toast, So Is Retirement
“…the Nature of Capitalism”
My Comments: There are changes afoot, and 45 and his cronies seem to have few clues. Or, more likely, they don't give a damn. The disparity between those at the top of the economic food chain and the rest of us not at the top, is called ‘income inequality’. The different approach taken by the …
When to Start Social Security
My Comments: A very serious question, and one that requires some thinking about. We’ve talked about this before, but if you’ve not yet signed up, here are five questions you can ask yourself to get a better answer. Chuck Saletta – May 19, 2017 Your lifetime Social Security retirement benefit is expected to be about …
A Look Back at Michael Flynn
My Comments: With recent testimony from James Comey, the narrative we’ve been glued to for the past many months takes a new turn. Please understand that once elected, I wanted 45 to succeed. I’m not happy with all the talk of impeachment. It’s not in my best interest as a citizen of these United States …
Growth Is Not Dead, But It Is Dying
My Comments: My post on May 26th last about Demographics and Money suggested reasons why economic growth in long established nations will be nothing to brag about going forward. Despite the current Administration suggesting a return to not just 3% annual growth for the US economy, but wait for it, 4% annual growth, it’s just …
Social Security Changes Coming
My Comments: We all know Social Security is here to stay, right? Well, maybe not. What was started in 1935 has undergone a few revisions, the last significant one in 1983. That was because it was going broke fast, and the baby boomers and their impending retirement were on the horizon. Well, it’s time for …
Investing Defensively
My Comments: I posted recently that we had better revise our investment expectations downward if we are planning to use our retirement savings to sustain our standard of living for the next twenty years or so. I attributed the likelihood of lower growth and investment return numbers on demographics and a rising interest rate environment. …
CBO: Conservative Bulls**t Obliterator
My Comments: I am relatively powerless as one of some 325M people living in these United States of America. But I have a voice and at least a few people read my blog posts. I’m disturbed by 45’s apparent glee in ceding global economic and moral leadership to China and Germany and other nations. I’ve …
Dangerous Retirement Myths
My Comments: Myths, risks, assumptions, variables. What’s your poison? Retirement is both a frightening and exciting time to be alive. Frightening as it quantifies the start of the end and exciting because, if done right, it creates new opportunities for life. Wendy Connick \ May 26, 2017 Don't put your retirement dreams at risk by …
Helping Define Your Financial Future 