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Tag Archives: retirement

How “FaceApp” Can Help You Save More For Retirement

FaceApp is taking over social media. It also may help procrastinators focus on long-term goals, like retirement. The face recognition smartphone application is available for free download; a Pro version is available for a fee. The features available in the free version are enough to motivate you to immediately (possibly dramatically), increase your retirement account contribution percentages. So, what is FaceApp? FaceApp is artificial intelligence facial software which allows users to change...

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Technically Speaking: Fed “Hopes” Spark Return Of Bullish Complacency

In this past weekend’s newsletter, I laid out the bull and bear case for the S&P 500 rising to 3300. In summary, the basic driver of the “bull market thesis” essentially boils down to Central Bank policy, as noted by the WSJ yesterday: “U.S. indices hit record highs last week on rate cut expectations. We’ve shifted from fiscal stimulus to monetary stimulus as the driver of the rally.” In other words, it is all about “rate cuts.” This reliance on the Fed has led to a marked rise in...

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The One Lesson Investors Should Have Learned From Pension Funds

Just recently I ran a 3-part series on the variety of things individuals believe about saving and investment which is either erroneous or misunderstood. (Part 1, Part 2, Part 3) The feedback I get when challenging some of the more commonly held beliefs is always interesting. In almost every single case, the arguments against “mathematical realities” comes down to either: An inability, or unwillingness, to sacrifice today to save more for the future, or; A “hope” that markets will continue to...

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What You Need To Know About Medicare & The “BENES” Act

The Medicare Rights Center a national non-profit consumer advocacy organization, fields thousands of questions as it assists older adults to make sense of the complexity of Medicare. The Center publishes its Medicare Trends and Recommendations report each year; the work is a highlights compilation of the roughly 15,000 helpline questions and 3 million online queries fielded by staff and volunteers. Their Medicare interactive web pages garner millions of views per year. So, if you have...

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Technically Speaking: Monthly S&P 500 Chart Update & Review

With June now officially in the books, we can take a look at our long-term monthly indicators to see what they are telling us now. Does the recent breakout to “all-time highs” mean the bull market is finally back? Or, is this breakout doomed to failure as the previous breakouts have been? That’s the answer we all want to know. Each week on RIA PRO we provide an update on all of the major markets for trading purposes. (See an unlocked version here. We also do the same analysis for each S&P...

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Technically Speaking: The Bull Is Back, Bonds Say “No”

For the fifth time, since the end of 2017. the market hit an all-time high. Each previous all-time high has led an almost immediate sell-off.  Will this time be different? This was the question I asked last Tuesday: “Such is the belief currently which is being driven primarily by the ‘Pavlovian’ response of a more ‘accommodative’ Federal Reserve which is expected to cut rates sharply by the end of this year. It is also the ‘hope’ there will be a resolution to the ongoing ‘trade war’ with...

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Everything You Are Being Told About Saving & Investing Is Wrong – Part 3

This assumption on expanding inflationary pressures later in retirement is correct, however, it doesn’t take into account the issue of taxation. So, let’s adjust the chart and include not only the impact of inflation-adjusted returns but also taxation. The chart below adjusts the 8% return structure for inflation at 3% and also adjusts the withdrawal rate up for taxation at 25%. By adjusting the annualized rate of return for the impact of inflation and taxes, the life expectancy of a...

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Teens & Summer Jobs: 3-Ways To Maximize The Experience

The labor market is tight. However, summer jobs for teens, especially in leisure and hospitality are in demand. While just 35% of teens aged 16-19 participated in the labor market last year, global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. predicts job opportunities could increase around 5% this year and the teen participation rate could rise as well, according to its 2019 annual outlook. How can you as a parent make the most out of your...

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Technically Speaking: Bull Market Or Bull Trap?

For the fourth time, since the end of 2017. the market has set an all-time high. Each previous all-time high has led an almost immediate sell-off.  Will this time be different? Such is the belief currently which is being driven primarily by the “Pavlovian” response of a more “accommodative” Federal Reserve which is expected to cut rates sharply by the end of this year. It is also the “hope” there will be a resolution to the ongoing “trade war” with China at the G-20 Summit next week.  Nowhere...

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Everything You Are Being Told About Saving & Investing Is Wrong – Part 2

In Part I, we discussed the problems with the “savings” side of the equation as it relates to building wealth. It is always interesting reading article comments as they are generally full of excuses why saving money and building wealth can’t be done. The general thesis is that as long as you have social security (which is threatening payout cuts over the next decade) and/or a pension (which only applies to 15% of the country currently,) then you don’t need to save as much.  Personally,  I...

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