They are saying, “No.” In my experience, kids don’t like to hear “No,” and neither do many adults. There are lots of examples of adults getting angry when they’re told, “No, you can’t do that,” or when they are corrected or told they are wrong. So, do we abandon all hope of improvements? Do we […]
Category: Blog
What Covid-19 Is Helping Us Learn About Our Lives and Money
It does not matter to the Covid-19 Pandemic if you’re careful with money or a spendthrift. Its virulent impact reminds us of things we know and forget and relearn. What are some things we are discovering or relearning about ourselves, our lives and our money? Enjoying your own company. People who live alone may have […]
Five Things You Didn’t Know About Social Security
The 85th anniversary of Social Security takes place on August 14, 2020. In my article “Five Things You Didn’t Know About Social Security,” at Senior Planet you’ll get a bit of history, learn some interesting facts and get the answer to the question of…Will Social Security run out of money? https://seniorplanet.org/five-things-about-social-security/
Is a Reverse Mortgage Right for You?
When you retire, how will you cover rising expenses? If you think that a reverse mortgage is a worthwhile option to close the gap between income and expenses, please be cautious. Click the link below to read “Is Reverse Mortgage Right for You?” to learn more about the important factors you need to be aware […]
Is It Time to Move?
While your home may be lovely, packed with memories and a haven you say you may never want to leave, it may also be a hazard in retirement. Sound surprising? Click the link below to read “Is It Time to Move?” to see the key questions you need in determining if your home will continue […]
Before You Retire, Ask These Thorny Questions
Most of the focus for retirement planning is about how much money you need. Yes, that is important, but if you haven’t asked the right questions about how you live in retirement, all you have is a target number from a calculator. There are many retirement calculators on the internet and there are even more […]
Does Your Retirement Portfolio Have Fat Cows?
Let’s define the terms. “Portfolio” is all your assets that can grow and produce income. I’m looking for fat cows. I apologize to farmers and ask their indulgence as this city person talks metaphorically about cows. By fat cows I mean a cow that gives milk which is the dividend or income and a cow […]
Risks That Can Batter Your Retirement Assets
Your retirement assets may have to respond to many different risks. Which of these worry you and which do you have a strategy for? Risk to principal. You buy a stock at $30 a share and it drops to $15 a share. Ouch! What are your choices? Wait for the price to rise? Take the […]
Uncertainty: The Market is Not Alone
[et_pb_section fb_built=”1″ _builder_version=”4.4.6″][et_pb_row _builder_version=”4.4.6″][et_pb_column type=”4_4″ _builder_version=”4.4.6″][et_pb_text _builder_version=”4.4.6″] It’s often said that the market doesn’t like uncertainty. How about you and friends, do you like uncertainty? This period of the Great Dislocation has yanked us from what anchors our active lives. For millions of Americans, gone are the regular schedules for work, school, entertainment, shopping for […]
What Can You Do in This Time of Uncertainty?
What were your major concerns in January and February of this year? Are those the same top of mind issues for you now at the beginning of April 2020? How different our lives have become from the beginning to the end of March 2020. Many people are not allowed to go to work unless they […]