Retirement Watch Weekly
How to Avoid the Major Causes of Retirement Failure: The Six Steps You Must Take
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 5/12/22
The ‘Fed Put’ Has Expired For many years, investors believed in the “Fed Put” and profited from that belief. Investors need a new strategy. Since early 2009, the Fed relied on the wealth effect to support the economy. If prices of assets such as stocks and homes were high and rising, heads of households seemed […]
Is Long-Term Care Insurance Worth It?
As an individual ages, a decision must be made about whether or not to buy Long-Term Care Insurance (LTCI). Long-term care is the provision of personal services and medical care to someone who is cognitively impaired or can’t perform two or more of the six Activities of Daily Living (ADLs). The ADLs are dressing, bathing, […]
The Tradeoff: Inflation vs. Growth
The Federal Reserve now must choose between infla- tion and eco- nomic growth, and indications are it will sacrifice growth to reduce inflation. Since the financial crisis, the Fed hasn’t had to make this choice. Long- term factors contained inflation. There was little risk monetary stimulus would trigger an inflationary spiral. Things are different now. […]
Why Sophisticated People Are Likely to be Scammed
The stereotype of which people are susceptible to scams and frauds often is wrong. People who never expected to be victims of scams and frauds often are scammed and really are among the most vulnerable. The stereotype is that older people with reduced cognitive abilities are the most likely to be scammed. But many other […]
How to Decide When to Sell in Taxable Accounts
Many people with appreciated investments often are in a conundrum. The price reaches a point where there isn’t a margin of safety. But the investors are hesitant to sell because they know part of their gains will be reduced by taxes. Here are a couple of ways to make the decision. Compute what the taxes […]
Shrewd Ways to Increase After-Tax Investment Returns
The old adage is, “You can’t spend pre-tax returns.” Af- ter-tax returns are what count. The tax rules on investments are in effect all year, but few people take advantage of that. Too many people don’t start thinking about investment taxes until near the end of the year, or even after the year is over. […]
IRS Proposed New Rules for Inherited IRAs Under the SECURE Act
The rules for inherited IRAs were upended when the Setting Every Commu- nity Up for Retirement Enhancement (SECURE) Act was enacted in 2019. They were upended yet again in late February 2022 when the IRS released proposed regula- tions under the SECURE Act. The SECURE Act ended Stretch IRAs for most taxpayers who inherit IRAs […]
