Be a Good Boy Scout with Your Finances

A single bad market event can have catastrophic effects on your retirement funds so it is important to have safeguards in place to help reduce the possibility of waking up one morning and finding your nest eggs broken. The brokerage community insists that if you are just patient enough your portfolio will rebound, but what if it doesn’t?  In today’s article Dennis Miller takes a look at some steps you can take to help protect your life’s savings.~  Tim McMahon, editor.

ID-10079242Mastering the Art of Financial Backtalk

By Dennis Miller

Alan Greenspan has popped back into the limelight and confirmed some of my worst fears (not that they needed much confirming). Here’s a recap of statements Greenspan made at the New Orleans Investment Conference:

  • The Federal Reserve’s primary mission is to support out-of-control government spending. To do so, it’s “created” trillions of dollars. Regardless of who is in office, politicians can’t help themselves.
  • Spending will continue. If the Fed tries to reverse the trend, there will be a significant market event. If it keeps doing what it’s doing, significant inflation is inevitable.
  • A lot of people will be hurt.

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Take Back the Retirement You Dreamed Of

With the current  economy some people are postponing retirement for a few years or working part-time during retirement in an effort to pay the bills.   No one wants to end up in retirement working at Walmart as a “Greeter”  or cashier… so lets look at what can be done to plan for a quality retirement. ~Tim McMahon, editor.

Take Back the Retirement You Dreamed of at 40

By Dennis Miller

Is it even possible today to retire rich? The short answer is “yes.” We all know people who have done just that. Watching your neighbors Bob and Betty Rich live the good life well into their 90s only tells you it’s possible, not whether you’re prepared to do it too. So let’s forget about the Riches and focus on you.

The first question you should ask yourself is: “Do I have enough money for the duration?” Or, if you’re still in your 30s, 40s or 50s: “Am I on track to save enough?” [Continue reading]

Financing Health: How to Plan for Emergency Bills

Health Insurance

Paying for unexpected medical bills can be costly and set you back financially if you are not prepared. However, there are some things you can do to minimize the impact of future emergency medical costs and other unexpected expenses. We have put … [Continue reading]

Will You Blow $180,000 of Your Social Security?

two-thirds of Amer SS

Optimizing your Social Security payments hinges on more than the age you at which you start receiving benefits. Guru's and financial planners often make it sound easy to decide when is the optimal point to begin collecting your Social Security. But … [Continue reading]

IRS Civil Asset Forfeitures Targets Noncriminals

Asset Seizures

In addition to the IRS targeting members of conservative organizations... it appears that the IRS and other government agencies are also targeting ordinary citizens for "Asset Forfeiture" which is just a fancy word for outright theft as there is no … [Continue reading]

The Tale of Two Insurance Policies

No Medical Exam Required

Recently as I was opening my mail I got a large envelope from my Credit Union and another one from AAA and interestingly both were trying to sell me Life Insurance. My first impulse was that I didn't need any more Life Insurance and I consigned them … [Continue reading]

Afraid Your Money Will Vanish before You Do?

Senior Salute

Unlike Jack Nicholson’s character in A Few Good Men, we trust that you can handle the truth. No matter your age, securing a comfortable retirement is a huge concern. Folks want the whole truth about their financial outlook, but straight answers are … [Continue reading]

9 Ways to Retire Rich

Average Investor

For real people, building a rich retirement requires creative solutions beyond “start saving early.”  In today's post Dennis Miller looks at conventional wisdom and compares theory with practice. He shows that the average investor doesn't even keep … [Continue reading]