Similar to today, the Roaring 1920s saw rapid technological change with cars and electricity. This created a farm surplus as fewer horses consumed less feed. Prices fell, and farmers complained of foreign competition. Herbert Hoover promised higher tariffs in...
This week marked the 307th time that the Dow Jones index fell 3% or more in a single day when reviewing historical market data. The chart above displays the Dow Jones Industrial Average going back to 1920, and the...
Experts say that healthcare alone could cost the average couple hundreds of thousands of dollars during their retirement. That high amount doesn’t even include other bills such as groceries, mortgage payments, and everyday living expenses. According to Psychology Today,...
Retirement is changing. There is a shift taking place on how we retire and who can help us get there. Gone are the days of working somewhere for 40 straight years and leaving with a pension to live on. ...
Whether you’re already retired or thinking about retiring within the next few years, a second act might be on your mind. Have you given thought to what you’ll spend your time on in retirement? Many older adults view retirement...
One of the greatest worry’s for anyone who is retired, is running out of money. Of course, if we knew how long we would live it would make the process much less stressful. We could simply spend down our...
Perhaps the single most important factor in reducing financial stress is managing cash flow. In their book The Millionaire Next Door, Dr. Thomas Stanley and William Danko explained this financial principal as “I make plenty of money but there...
Is the Bull market over? Are rising interest rates going to hurt bonds? What about the volatility in the Chinese stock market? Markets seem so shaky! Many people are worrying if they should do something with their investments. What...
Many employers provide or share the cost of health insurance, for their employees. This is a wonderful benefit. Since many receive it as part of their benefits package they often are not knowledgeable about plan provisions, costs and benefits....
Last blog we shared some ideas about how boomers may be able to retire on less money than many experts suggest. One of the topics we mentioned was lowering the cost of housing. We will explore that topic in...