Some will argue that health care is not a basic human right. I disagree. I think that society, you and me and everyone else, has a built in obligation, if not an absolute mandate, to preserve itself. In other words, a biological imperative to bring new humans into society and protect them. It’s how evolution …
Continue reading Retirees and health care: Here’s what it will cost you and how to prepare
My Comments: I’m a Social Capitalist. I invented (I think…) this term because I’m convinced that unfettered capitalism, the economic model favored by the United States, is doomed. What few on the right will acknowledge is that we already have elements associated with ‘socialism’ built into our lives dating back decades, if not centuries. The …
Retirement for many is a 30 year trek into the future. And climate change is going to influence how we live those years. Here in Florida, we have 8,436 miles of shoreline. By 2050, experts tell us to expect 3 – 4 feet higher sea levels along the southeast coast. What will happen to the …
My Comments: I’m increasingly reluctant to suggest what anyone should do with their money. But this article is consistent with what I’m doing with mine. The single most dramatic question when thinking about retirement is ‘Will I have enough money?’. It resonates with almost everyone sooner or later. With so many of us living longer …
My Comments: We can all agree the economics is hard on your brain. There are so many variable and so few constants that talking about it is similar to describing the behavior of cats. Last week I attended a local economic summit where the featured speaker was Brent Meyer, an associate policy advisor and economist …
Continue reading Don’t Be Shocked If Trump’s Economy Goes the Way of Bush’s
My Comments: Given my age already, this is a little bit self-serving. Maybe our kids will see it on Facebook. However, if your parent(s) are still alive, this is something important you should be thinking about. We all know how fast time flies, and sooner or later, hopefully later, we all just disappear. Before that …
Continue reading Five Tips for Proactively Helping Aging Parents
My Comments: Erik Conley’s blog has roughly 6,282 followers. I can only dream of having that many. This blog post of his summarizes Barron’s Big Money poll. He also says “…Big Money doesn’t necessarily mean Smart Money”. by Erik Conley / April 29, 2019 I've been an avid reader of Barron's magazine since the early …
My Comments: Social Security has become a critical financial component in the lives of millions of retired people. If you’re not there yet, you must learn the basics or live with the regret. I think of age 50 as a critical turning point for any adult who thinks they might retire some day. From this …
Continue reading 7 of 10 Adults Over Age 50 Get This Wrong About Social Security
My Comments: Wealth inequality has become an existential threat to the future of American society. The chaos in Washington, indeed the election of trump to ‘drain the swamp’, is an evolving extension of this problem. If the problem has a solution, it’s going to take many years, perhaps generations, to see us return to the …
Continue reading How To Solve America’s $100 Trillion Problem Of Wealth Inequality
My Comments: When you buy bonds, someone now owes you money. When you buy stocks, you now own part of a commercial enterprise, if not all of it. But this is about bonds. If you lend money to your kids, and expect them to pay you back, you may or may not charge them for …
Helping Define Your Financial Future 