Retirement

Cartoon of a happy hammer with thumb up and a nail presenting with his hands

If all you have is a hammer, everything looks like a nail!

Seniors, savers, baby boomers and retirees are constantly bombarded with financial information written by those wishing to sell their products or services. The readers are prospective nails; and the authors tout their particular hammer as the best solution to your financial challenges. Many have been credited for the above quote, including Mark Twain and Abraham […]

Cartoon teen relaxing on the sofa. He is eating a snack and has a soft drink handy

Almost Two Million Young People Are Not “Emerging”

I love the line in the country song,“Mammas, Don’t Let Your Babies Grow Up To Be Cowboys”. …”Cause they’ll never stay home”. Thousands recently graduated from high school and college. Despite the motivational commencement address about moving on to the next stage of life, many graduates will continue living at home for a decade or […]

Automatic Metal Cutting Band Saw Machine

Robots, Retirees and Reality

Are robots a threat to our society? Can they take away our jobs, or manage our retirement nest egg safely? How will people earn money to buy goods? In the early 1960’s I had the privilege of working for Leighton Wilkie, a lesser-known captain of industry. He and his brother invented the band saw and […]

The Fed is Playing, “Pin The Tale On The Elephant!”

The Fed is Playing, “Pin The Tale On The Elephant!”

The Federal Reserve’s Zero Interest Rate experiment saved the banks and destroyed the retirement plans of many generations. Now they want to “normalize” things. Their solutions are ill timed and risky! When things collapse, President Trump will become a combination of Herbert Hoover and Jimmy Carter – blamed for the catastrophe. Democrats will be cheering, […]

A male robot thinking about something. Isolated on white background.

Social Security, Robo-Advisers & Misinformation

For decades, every presidential candidate has vowed to “fix” social security, yet it never happens. In the meantime, workers have money deducted from their paychecks and retirees get paid. Is the system really broken? In a word – YES! While the politicians fiddle, the system continues to deteriorate. The challenge becomes more difficult because there […]

What Will Be Your Deathbed Regrets?

What Will Be Your Deathbed Regrets?

While you may have checked off items on your Bucket List, what will be on your deathbed List of Regrets? Bonnie Ware, an Australian nurse, spent several years caring for people in the last days of their lives. On their deathbed many patients opened up to her about their life and regrets. She wrote an […]

Dividend Paying Stocks – Part of The Solution?

Dividend Paying Stocks – Part of The Solution?

All dividend-paying stocks are not equal. Some may be very high risk; some will putter along, while others may be the salvation for those desperate for income. Why consider them? How do you pick the right ones? Since the 2008 bank bailouts, even with the recent increases, interest rates have been at historically low levels. […]

A Solid Retirement Financial Plan Cast in Jell-O

A Solid Retirement Financial Plan Cast in Jell-O

A solid retirement financial plan cast in Jell-O is not an oxymoron. Don’t even think about the old “set it and forget it” mindset from the past. A solid financial plan suspended in Jell-O, that can quickly be modified, is a good thing. I was on David Holland’s (CPA/CFP) PlanStronger TV show. He asked how […]

Calexit: Time to Beat the Crowd?

Calexit: Time to Beat the Crowd?

Our country has become bitterly divided. No matter who won the election, I predicted we would soon be reading about states wanting to secede from the union. Even before President Trump was sworn in, the California movement, known as Calexit, began. The first step is to ask voters to adopt a state Constitutional Amendment revoking […]