Predictors of the next recession: Inverted yield curve?

| June 26, 2018

How does on plan for the flattening yield curve – or even inversion (spread between 10-yr and 2-yr Treasury Bonds)? Barron’s – June 2018: “Inversion has an amazing record of forecasting recession…but stocks have typically continued to rise (sometimes sharply) after the inversion with a median gain of 13.1%.…Bottom line: the flattening yield curve is […]

Talking about “when to retire” and retirement “lifestyle”

| June 9, 2018

A conversation this week about "when to retire" after I mention attending my brother’s early retirement lunch lead to the question "how much do you need to have saved to retire?" Of course we ALL know the answer to that … "it depends." Yup, very helpful #sarcasm … yet so true, considering the differences in […]

Retirement lunch for my brother after a career at WPAFB

| June 3, 2018

Brenda and I enjoyed a retirement luncheon celebration on Saturday for my brother Ron (again) after his career working "mostly" at Wright Patterson Air Force Base in Dayton. We had a great time with some of his co-workers, friends and family (his granddaughter Teagan with Keira and Ben above) at the 571 Grill in New […]

Wishing my brother Ron a Happy Birthday and great retirement

| May 21, 2018

It is hard to believe that my YOUNGER brother Ron is retiring at 56 years old?!? Shocking, but I’m sure welcomed after a long career with the US Air Force working first in Ogden, Utah and the last 30 years at Wright Patterson Air Force Base in Dayton, Ohio. We were very close brothers when […]

Archiving photos and getting together with my brother’s family

| May 13, 2018

So far we are two for two in my brother and I getting our families ALL together twice each year as we are planning. This past weekend was to his house after Katelyn, Drew and Annalyn spent a couple days with us back from their trip to the Smokey Mountains. We all had a good […]

Retirement – different from what your parents experienced

| May 11, 2018

Retirement is continuing to change and "has changed a lot in recent years, and may be far different from what you expect," says Tom Sightings, author of You Only Retire Once. The biggest difference is that you will most likely be responsible for overseeing (or hiring out)  much of your own finances and health care […]

Financial planning. We are all suppose to be doing it. Are you?

| April 10, 2018

While reading a bit this past week about retirement savings and planning, it really hit home when realizing just how lifespans have changed in the past 100+ years. Did you know: •In 1900, the average life expectancy was 47 years. Only 100,000 Americans lived to age 85. •By 2010, the number of people over 85 […]

So what is your plan for social security and retirement?

| October 7, 2017

A friend of mine is receiving his first social security check this month and so I’ve been doing some reading on the subject (it is a long way off yet for me … just in case readers had me already over-the-hill!) One of the biggest concerns for those nearing retirement and doing calculations is that […]

Archive – How Much Do You Need to Retire?

| August 20, 2017

Snipped parts and archived a TDAmeritrade educational article … Americans used to count on a pension plus Social Security to get them through those “golden years.” These days, people change jobs more often, rely on dual incomes, and manage their own retirement funds through defined contribution plans. By most estimates, you’ll need between 60% and […]

Retirement planning, hoeing rows and the root of all kinds of evil

| May 27, 2017

We’re not their yet … but we’ve been doing a little more thinking about retirement and how many more years of work it is going to be at a comfortable level when we no long punch the proverbial time clock. Brenda and I are not in harmony quite yet, as one of us would prefer […]

The Great Peyton Manning announces his retirement

| March 7, 2016

Watched a grateful Peyton Manning emotionally announce his retirement today after 18 remarkable years in the NFL. He is a great quarterback (perhaps the greatest), terrific team leader and classy man. Fans of football, no matter which team they favor, will miss his play on the field. Peyton Manning has been considered an elite quarterback […]

Life skills for the long haul: 8 Financial Decisions

| February 5, 2016

Some simple financial steps, 8 to be exact, to follow from Money were shared this month and they are worth reading and remembering. I’ll post below in case they disappear … but you should read it here. 1. Save More for Retirement How much money will you need each year to enjoy a happy and […]

Pension plans continue to fall behind as stock market gains

| January 10, 2015

One would think that a “rising tide lifts all boats” when it comes to gains for financial markets, but that is not the case for conservatively managed U.S. pension funds. The strong stock market returns during 2013 and 2014 have helped most individual investors recover from the 2008 financial collapse, so as long as they […]

Be sure to accurately factor inflation when retirement planning

| July 28, 2014

I regularly eyeball the government’s reported CPI inflation data (although question the applicability for real living in America?), and am concerned for those planning or already retired living on their “conservatively” invested savings. Many that I’ve talked with moved to cash positions after the 2008 recession or moved to much more conservative investments. Others hold […]

If Detroit is the canary in the coalmine for pubic pensions…

| August 5, 2013

… what about employees and retirees of private companies – those who still have a pension plan? Almost everyone realizes that public pensions are going to remain a major problem for our country, but not as many realize just how underfunded pensions are for most large corporations. A report published by S&P Dow Jones shows […]

Contemplating real Social Security and Medicare fixes

| March 6, 2013

As the self-appoint nation’s problem solver [that’s worth a chuckle], I’ve been thinking about our underfunded Medicare and soon to be underfunded Social Security programs. For those needing a little primer, I will start by regurgitating some background information on these two taxpayer supported entitlements. Both Social Security and Medicare are supported by working citizens […]

With tax uncertainty, how do we plan for retirement?

| February 22, 2012

The tax season is upon us and many take this opportunity to take account of our retirement strategy (at least those who are thinking ahead). Years ago … in the days of the company pension, confidence in Social Security and Medicare and the assumption that one would retire at 65 after a lifetime career with […]

Investing: Looking 10 years out by looking back, but “Yikes!”

| December 5, 2011

While many of us managing our personal retirement plans may have moved to cash in recent years, there is a time to anticipate an end to a recession (at least traditionally) and a reason to reconsider equities once again. Usually it pays to monitor those who have a proven track record when it comes to […]

Archive: Understanding retirement Part 1

| August 28, 2011

I’ve been thinking about the big entitlement (negatively charged word?) issue when it comes to how the U.S. structured our senior citizen’s healthcare and retirement living expenses. Having never really fully understood the cost … and inching closer towards that eventual day … I do recognize while looking at my own health and insurance costs […]

NASA chooses museums for their retired Space Shuttles

| April 12, 2011

NASA Administrator Charles F. Bolden Jr.’s announced the locations for the three operating shuttles and one gliding prototype on Tuesday afternoon: Kennedy Space Center’s Visitor Complex in Florida – Atlantis California Science Center in Los Angeles – Endeavour Smithsonian Institution’s National Air and Space Museum in Washington, D.C., — Discovery Intrepid Sea, Air and Space […]

Customer (friend) announcing retirement and a training webinar

| April 14, 2010

It was a melancholy day in that a friend who has been a loyal customer for over 20 years announced his retirement. Of course I’m happy for him in that he’s leaving work with his sanity and will have more time to enjoy life at his own pace. I asked him what his intentions were: […]

A Nervous Bull and Healthcare thoughts

| August 13, 2009

As U.S. Congressional representatives sweat over whether to have townhall meetings in their states to talk healthcare during the August recess, I sweat over how to plan financial security for my family’s future, of which health insurance is a part. Years ago it seemed logical to just keep plunking away a few dollars into a […]

POLL: Preparing for retirement; your Golden Years

| June 20, 2007

Its hard to tell what the future will hold, but from the sound of things (CNBC intro below), there are is a significant number in America not preparing properly for retirement. No … I’m not talking about only the unemployed and ‘working poor’ … I’m talking about people living paycheck to paycheck picking up their […]

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.