Every year the Social Security trustee’s issue a report of the health of the trust fund and when it is estimated to be depleted.  They recently issued their report for this year, which showed signs of improvement, with one caveat…. Article Link: https://www.marketwatch.com/story/the-new-social-security-trustee-report-may-show-signs-of-improvement-with-one-major-caveat-2020-04-22 If you have any questions, please feel free to contact me. … [Read more...]

Do you remember what happened in 2008 to Home Equity Lines of Credit for those who were needing them?  That’s right...the banks closed them.  There is a much better alternative as a backup source for liquidity and reserve in an emergency. See below for a reprinting of a recent article by Don Graves: JPMorgan Chase just announced they're no longer accepting applications for Home Equity Lines of Credit. No doubt other banks will follow suit with even greater measures! But … [Read more...]

Everyone and their dog has probably already googled the phrase, “Where is my stimulus check?”. But in case you’re still in the dark, here is a summary article from Money magazine that goes over the salient points about getting the check and common error messages: https://money.com/wheres-my-stimulus-check-get-my-payment-status-not-available/ If you have any questions, please feel free to contact me. … [Read more...]

 Do I have the right percentage of stocks/growth?If I were to do it all over again and go back in time, would I have the same % stocks, same strategy?  When you achieve desired recovery, what will you change? Actual alignment with Buckets and Tools approach?If I were to do it all over again and go back in time, would I divide all my money up accd to BAT approach, would I do put a different percentage? When you achieve desired recovery, what will you change?  Is … [Read more...]

There are a handful of educators that I follow regularly. One of them is David McKnight. He is an expert in the area of tax-free retirement and how to get to the 0% tax bracket. He has been beating the drum for years that tax rates will increase significantly in the future, in fact they have to. Here is the link to a recent podcast he did on why now is the perfect time to use a Roth … [Read more...]