Uncategorized Questions
Medicaid Planning
People tend to avoid the discussion of estate planning because no one likes to think about their mortality. Plus, there’s...
I Bond Rates Drop Sharply
Updated 04/29/23 The new rate for Series I bonds purchased after May 1, 2023 is 4.30%. That includes a new...
Speaking of Safety
In the search for safety of your financial assets, there’s a sudden recognition that the FDIC doesn’t cover deposits above...
Social Security Going Broke
The Social Security trustees just announced that the primary trust fund used to pay retirement benefits is set to become...
Money, markets, and Fear
Given the recent headlines, I just want to say a few words about the safety of your money in the...
Rate Hikes Hit Home
The Fed’s latest rate hike is the ninth increase in the last 12 months — for a total of 4.75...
The Unexpected Costs of Care
It’s the one financial planning issue that everyone wants to avoid. Your retirement may go according to your financial plan....
Tax Time
It’s that time of year again – income tax time. If you’ve already filed your return, pat yourself on the...
Banking Crisis Update — What Happened?
Update: March 19th. I posted the article below on Monday, March 13th -- and everything I wrote has been verified...
Social Security Horror Stories
Social security makes mistakes. Big ones. If they miscalculated and underpaid you for many years, you might never find out....
What Happened to the Market?
Clint Eastwood said it memorably: “Do you feel lucky?” Now, superimpose Fed Chairman Jerome Powell’s stern visage squinting at the...
Best Books
Facts are easy to find in this era of the internet. But good advice is somewhat more elusive. Since my...
You Broke Your Debt Promise
During the pandemic It looked so easy to avoid credit card debt. You couldn’t go out to dinner and you...
An Annuity that Works for You (MYGA)
Though I’ve previously warned against many annuities, with good reason, this column will focus on one type of annuity that...
ChatGPT – The Future is Now!
Every few years, something really “new” comes along, sneaking into our vocabularies and our way of interacting with money. Then...
529 Plans Even Better Now
The best way to save for college for your children and grandchildren is a 529 College Savings plan. And, the...
New Student Loan Proposal
A new proposal by the Biden administration would dramatically cut federal student loan monthly payments in half, with monthly payments...
Open the Envelope, please!
Some bad news is coming in the mail. Be prepared to face up to it immediately. Open the envelopes –...
Money Tips for the New Year
1. Get Organized –That’s the most important thing you can do to start the new year. You can’t go forward...
Costs Add Up
How much did you pay in investment costs and fees last year? If you’re like most investors, you don’t even...
