Friday , 21 February 2020


Finance

Your Retirement: What Happens If the Gov’t Doesn’t Get Its Act Together?

I recently discovered a video entitled 10 Myths About Government Debt that lays out several reasons why we are in real trouble. I encourage you to watch this 21 minute video. The most troubling assertion in the video is that our nation’s usual sources of loans are tapped out…[and that] the only source we have left is the Federal Reserve, which means …

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The Right Asset Allocation Accounts For 100% Of Investment Performance

…Asset allocation…explains 100% of investment performance – yes, all of it. Accordingly, most of your time, energy and money should be spent on asset allocation…and a plan for asset allocation is called an investment policy. …Asset allocation are risk decisions designed to achieve objectives with an acceptable likelihood…This risk decision is called “risk willingness” or “risk necessity” and needs to be …

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Median Household Incomes By Age Bracket: 1967-2018

In the 50+ year history of this data series, there has never been such an ugly period of contraction since the Great Recession. The contraction ended shortly after the downturn, within a couple of years, depending on the age cohort. The 2017 data gives hope that household incomes are continuing to increase at a sustainable pace and will not begin declining in the near future.

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How to Thrive While Living on a Fixed Income in Retirement

…Living on a fixed income doesn’t necessarily relegate you to a life of scrimping and penny-pinching. Many retirees live on a fixed income of some kind, and it’s definitely possible to live well on a fixed income — the key is careful financial planning and budgeting. Create a Budget It all starts with getting a handle on your income and …

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