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How Social Security Benefits Keep Up with Inflation for Those Working or Retired

With inflation dominating the news, people may be developing more than a passing interest in how the Social Security cost-of-living adjustment (COLA) is figured for inflation’s effects on the loss of purchasing power of each dollar. Whether it’s a matter of simple curiosity or an effort to maximize benefits through strategic claiming, people should know […]

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1-Minute Video: Protect Your Portfolio With Diversification

Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). Diversification and allocation are NOT the same thing, as I explain briefly in this post “Diversification explained simply.” Only a few, a small number, of firms actually apply the mathematics of diversification. They pay […]

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Kittens, Lions and Black Swans

There is no getting by our emotions at any time, especially when it comes to investing. The same brain chemicals and responses to kittens (friendly), or lions (fear) right in front of us, also happen when we look at our investments; good markets (friendly) and bad markets (fear). Add to fears of misbehaving markets, are recessions, inflation (or […]

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Social Security Earnings Test While Working: How is the Benefit Recomputed at Full Retirement Age (FRA)?

If a person is under Full Retirement Age (FRA) and works while also receiving Social Security, their Social Security benefit will be subject to the earnings test: $1 in benefits will be withheld for every $2 earned over the annual threshold (earnings test link shows that threshold amount for the present year). An example for […]

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When People Can, Should, or Must Enroll in Medicare

Like it or not (and most employers do not), health insurance in this country is employment related. Most employers offer health insurance as a tax-free employee benefit, and most working people get their health insurance through their work. Although plan options and pricing might vary from year to year, workers who get their health insurance […]

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What’s the AIM of both investing and planning?

The aim of retirement planning while working is to accumulate shares. The aim of retirement planning once retired is to conserve shares! Both working or retired, the aim is share management! The value of each share goes up and down over time. Shares are the store of wealth. Dollars are simply a measure of spending […]

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1-minute video: How Can Social Security and Retirement Planning Work Together for Your Benefit?

Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). Social Security is often dismissed or minimized by many when it comes to retirement planning. This is a mistake since Social Security forms a firm foundation that you can’t outlive. People don’t recognize the […]

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Timeless nuggets of wisdom! Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness

Psycholology of Money: Timeless Lessons on Wealth, Greed and Happiness by Morgan Housel is a timeless work about how our feelings, emotions and interactions with money often results in different outcomes for different people – because people are different. So, insights into how to think and behave about money is instructive. You may think you […]

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1-minute video: The Effects of Inflation on Retirement

Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). What is inflation? In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, […]

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