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

We don’t choose when we live but we can choose how we live. Make the right choice for your retirement by reading this week’s terrific links.   Beware – Annuity rates are plunging. MarketWatch Market crashes can be much worse for retirees. A Wealth of Common Sense Elder fraud may explode during the Pandemic. InvestmentNews…

Is Now a Good Time For Retirees To Refinance Their Mortgage?

Like the answers to most things in life – it depends. Mortgage rates steadily decreased from around 4.5% in 2018 to around 3.5% today. According to Barron’s: “For someone with a $300,000 loan, the difference between 4.5% and 3.5% is nearly $200 a month and $62,000 in total interest over 30 years.” Savings like these…

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

Nothing lasts forever, including pandemics and financial crises. Start preparing for your future instead of worrying about it. Take a positive step by reading this week’s terrific retirement links. Contributing to your 401(k) during a bear market is a great idea if you can afford to. A Wealth Of Common Sense  Ten things you can…

What Are 3 Ways The Stimulus Package May Change Your Retirement Planning?

The $2 trillion economic relief plan passed on Friday impacts almost every layer of American life. Your retirement plan isn’t exempt. Here are three important components all workers currently saving for retirement and retirees need to know. Required Minimum Distributions are suspended for 2020 for IRA’s and workplace plans. This is important for a couple…

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

Don’t turn temporary losses in your retirement portfolio into a permanent condition.  Making decisions solely based on emotion is never a good idea. Take a breath and read this week’s terrific retirement links. How does a market crash impact retirees? A Wealth of Common Sense Three ways to find peace in a stressful time. More…

If Only……….

If only the markets didn’t crash, I would be happy. Really? Maybe stocks rebounding temporarily brightens your day but the underlying problem still exists. When the next inevitable downturn hits, the same reactive patterns violently reemerge. How do we stop our minds from perpetual hijackings? We need the right tools. I don’t mean diversification of…

Everyday Is Like Monday….When Is My Retirement?

During times of crisis do something productive that’s within your control. Reading this weeks’ terrific retirement links falls under this category. Don’t turn temporary losses into permanent ones. MarketWatch Insurers are pulling Annuity products off the shelves to protect themselves. InvestmentNews How to get help when Social Security offices close. The New York Times Too…

Student Loans Are In A Bull Market

Focusing on what you CAN control is key to getting through a health or financial crisis. Carl Richard’s outlines a terrific four-step action plan. Do Nothing. Find something you can control. Do something proactive and productive. Rinse and Repeat. Try focusing on #3. While the financial markets have been slammed, the bull is rampaging through…

The Birth Of Heroes

Every crisis serves a breeding ground for heroes. This one’s no different. Media images of people fighting over toilet paper and hoarding medical supplies are rampant. Charlie Bilello comments,  “but there will still be those who say that if they don’t hoard and everyone else does, they’ll be left with nothing.” Nothing more than polite…

Seven Ways To Manage Your Anxiety During A Market Crash

Who would’ve thought this could ever happen? We’re having the equivalent of a great depression style bank run on toilet paper. On a more serious note, some scary stuff is occurring. The world’s mobilizing for war against one of nature’s serial killers. The stock market entered its fastest journey into a bear market – EVER….