RichC | January 23, 2024
It’s called the third rail of politics, and in those areas of spending where politicians with the best of intentions dare to talk, nothing gets done. Only a few have suggested finding a solution to our ballooning debt and yearly deficits … or two of the primary drivers: Social Security and Medicare. These programs continue […]
RichC | May 27, 2023
Once again, politicians are taking our US SPENDING and BORROWING problem right to the wire. Everyone knows that eventually politicians will just raise the debt ceiling and borrow more. The Republicans want spending cuts and the Democrats want a “clean increase” so as to be able to pay promised liabilities (previous spending) and we all […]
RichC | December 15, 2021
As Christmas cards arrive and the 15th of December hits, it is time to start winding down my business year and thinking about 2022 (BTW, we mailed our cards this week). One thing I have noticed this year is that more cards are from people who are now retired or are retiring. Hm … does […]
RichC | 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 […]
RichC | March 12, 2015
In discussing FICA taxes the other day, I discovered just how much I didn’t know about one of the biggest taxes we pay throughout our entire working lives. I’m guessing most Americans are in my shoes? Now “let me be clear,” as President Obama has been known to say, I’m NOT “that” close to retirement […]
RichC | April 11, 2013
If you are the average healthy American who is working or independently seeking a job, you might be as unknowledgeable as I am when it comes to knowing anything about government benefits. I’ve generally assumed that those who are “disabled” are not capable of functioning or were disabled on the job due injury. What I […]
RichC | 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 […]
RichC | October 3, 2012
Most of America is waiting to hear from President Obama and his challenger Mitt Romney tonight for the first Presidential Debate. The president must defend his 4 years of leadership and stop offering excuses or pointing at Republicans; he needs to either convince the majority that his policies are working or that the changes that […]
RichC | 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 […]
RichC | 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 […]