My Comments: This problem is not going to get fixed any time soon. And not in time for most of the baby boomers looking at retirement in the next few years. Alternative solutions will have to appear if society is unwilling to find ways to help the elderly survive, if not thrive. If you are …
Continue reading This May be Why Americans Are So Bad at Saving for Retirement
My Comments: I’ve now posted almost 1900 blog posts on this site since I started in 2011. Everyone of them, until now, has required you to read a sometimes lengthy article on some topic. This one is a video that impressed me with it’s relevance. I think it’s worth another 7 minutes of your day. …
Continue reading Why Traditional Retirement Advice Could Leave You Broke
My Comments: I don’t believe we’re going to see a 90% drop in the stock market. Period. What I do believe is that the longer we wait for the next crash, the deeper it’s going to be. If you have money somewhere that you plan to use for your retirement, you need to be very …
Continue reading What The Charts Say About A Possible 90% Drop In The Stock Market
My Comments: Until recently, I always envisioned retirement as a date in time when I left the work force and became ‘retired’. That probably meant that I was no longer working for money and instead using whatever credits or savings I’d accumulated to pay my bills. Only for many of us, it hasn’t worked out …
My Comments: A tragedy for whom, you might ask. I interpret this to mean everyone with money invested who cannot afford to lose a bunch of it. And especially those no longer working, whose ability to survive financially is dependent on money invested in retirement accounts. Yes, I know, I’ve been telling this tale now …
Continue reading A tragedy is unfolding in the stock market that should worry both bulls and bears
By Tony Kendzior, CLU, ChFC These facts about Social Security are intended as general information for those planning to file for Social Security benefits. The idea is to help you get what you are entitled to and not leave dollars behind that can’t be recovered. You should seek guidance from the Social Security Administration (SSA) …
My Comments: Which generation are you from? I’m in front of the baby boomers, of whom there are many millions. They surfaced following World War II. And fueled the growth of America and it’s influence across the world. The millennials are essentially the baby boomers grandkids. That leaves Gen X as the children of the …
Continue reading Forget millennials — the real financial time bomb in America is Gen X
My Comments: David Brown says current conditions resemble those of 2007-08, but a wave of populist nationalism spearheaded by the US president is undermining global institutions that ended the Great Recession. Will you be ready for another Great Depression? I've long argued we are years away from the next iteration of the Great Depression of …
My Comments: Let me disclose upfront that some of my income today results from people signing up and taking courses from Successful Retirement Secrets, an online school I created to help people retire. The message from this post by Katie Brockman (some 18 months ago) is that most of those who say they are unhappy …
Continue reading Retirement living: 28% of seniors say it’s worse than expected
My Comments: *Actually, it's not the most important, but... The message that accompanies this chart is very important. Read further before you start looking for the chart. No one has ever said this was going to be simple and it’s not. But it’s critical you make an effort to understand all this since Social Security …
Continue reading The Most Important Social Security Chart* You’ll Ever See
Helping Define Your Financial Future 