Retirement Watch Weekly
Some Notable Events That Grabbed My Attention This Week
Big Announcement: My next book is at the publisher being prepared for publication. You can make a pre-publication order or review the book by clicking here and here, respectively. More of Retirees’ Social Security Benefits Pay for Medical Expenses As you know, Medicare isn’t free and doesn’t cover all retirement medical expenses. A good retirement […]
The Key Differences Between Roth IRAs and Roth 401(k)s & Why They Matter
Many employers now offer Roth versions of their 401(k) plans. Though many people believe Roth IRAs and Roth 401(k)s (known formally as designated Roth 401(k) plans) are identical, there are important differences between the two types of retirement plans. You likely already know the basic differences between Roth-type accounts and traditional IRAs and 401(k)s. In […]
Bob’s Journal for 8/18/22
New Law to Reduce Seniors’ Prescription Drug Costs There are several provisions in the newly enacted Inflation Reduction Act that are designed to reduce the out-of-pocket costs of Medicare beneficiaries. The biggest change for most beneficiaries takes effect January 1, 2024. You might be familiar with the coverage gap, or doughnut hole, in Part D […]
How to Set Up Future Guaranteed Lifetime Income Today
Who wouldn’t want the financial security that comes with Guaranteed Lifetime Income? What many people don’t realize is that today you can set up guaranteed lifetime income… to begin in the future. When retirees have guaranteed lifetime income, they safely spend more money and don’t worry about running out of money during retirement. When you […]
An Overlooked Estate Planning Essential: Don’t Leave a Mess for Your Family to Clean Up
In my new Retirement Watch Spotlight Series, I’ll share my newest breakthrough strategies for protecting your assets and growing your portfolio, including how to prepare for the next market downturn. Click here now to learn more. […]
Bob’s Journal for 8/11/22
Earnings Estimates are Falling, But Stock Prices Aren’t Following Stocks did poorly in the first half of 2022, but the price declines were attributable almost entirely to higher interest rates. Earnings forecasts generally held steady, and stock prices indicated investors expected earnings to stay the same or increase in 2022. Concerns about a recession recently […]
Bob’s Journal for 8/4/22
How Inflation Rate Varies by Age Group The Department of Labor publishes the Consumer Price Index (CPI) as a measure of inflation nationwide, but the inflation rate for each of us is likely to be different. To compute the CPI, the Labor Department surveys the economy to determine the change in prices of various goods […]
The Pain Period Will Continue
We’re in the pain period of the economic and investment cycle. The pain began when inflation accelerated in the first half of 2022. The pain has increased since the Federal Reserve decided it was wrong about inflation and had to tighten monetary policy more than planned. The Fed fell so far behind in dealing with […]
