There’s Never Just One Cockroach

Just like market volatility, bad behavior clusters. For every Fiduciary Advisor, there are thousands of Wolves on Wall Street. Bad guys don’t operate in a vacuum. Often it’s not just one bad apple. It’s the entire orchard. Rotten cultures are highly infectious. This week’s 403(b) atrocity du-jour involves an insurance company and a Florida Teachers…

Working For The Clampdown…..When Is My Retirement??

If you care about the quality of your retirement, not its quantity, I suggest you read this week’s terrific links. Here’s the best way for kids to start saving for retirement. A Wealth Of Common Sense What are the three secrets for a happy retirement? Forbes Did you include these items in your estate plan?…

Ask Us Anything

Most people don’t know Jack about their finances – especially teachers. Only 29% of Americans know about 529 college savings plans. About 60% of Americans have life insurance, but nearly half of them have insufficient coverage. 32% of Americans maintain a budget. 30% possess a long-term financial plan.  24% of millennials demonstrate basic financial literacy.  35% of adults with a credit…

Monday’s Coming Like A Jail On Wheels…..When Is My Retirement?

Dr. Fauci knows using common sense, wearing a mask, and practicing social distancing, will do wonders towards containing the pandemic. Simple rules also work for planning your retirement but people don’t follow them either. Don’t be that guy. Start by reading this week’s terrific retirement links. Why do Baby Boomers have so much more saved…

Embrace Fate Before It Embraces You

Embracing death is the same as embracing life. We run out of time long before running out of money. We can’t seem to grasp this. Distractions rule our lives. Social media, watching sports, binge-viewing, overeating, gambling, and drugs/alcohol take up too many hours. Why are we trying so hard to distract ourselves? We suffer from…

Every Day Is Like Monday…..When Is My Retirement?

Wearing a mask during a pandemic is evidence-based behavior giving you a lower probability of getting sick. The same goes for our retirement links. Read them and increase your chances for a healthy retirement. Source: Simply Wise 70% of people in their 50’s are more concerned about retirement today. SimplyWise Does a reverse mortgage make…

An Annuity Salesman And John Gotti Held A Free Dinner

The only group that hates fireworks more than myself are the poor dogs they torture. The pandemic’s version of July 4th was especially disturbing. Due to the C0vid-19 lockdown, celebrants took their burning desires and turned them up a notch. It sounded like the Battle of Britain was raging above my house. The aerial show…

Teacher Money Matters

It’s time for teachers to wrest control of their money from financial predators. We’re here to help. Introducing Teacher Money Matters: Our new Facebook page and group explicitly designed to meet the financial needs of teachers everywhere. Our goal is to empower teachers. It’s nearly impossible to get unbiased answers to their personal finance questions…

Everyday Is Like Monday…..When Is My Retirement?

Your retirement will last much longer than the Covid-19 pandemic. Focusing on what you can control should be everyone’s default strategy. Start by reading this week’s terrific retirement links. Beware of these retirement tax traps. Barrons Divorce and social security can be very confusing. HumbleDollar Retirement investors are being fed to the wolves. Forbes How…