Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above). The concepts of “Probability of the Portfolio” and “Probability of the Person” are discussed further in “Just what should an annual checkup do for you during retirement?“ // My 1-minute video series on YouTube. My Knowledge […]
Author Archive | Larry Frank, Sr.
Grandparents and Social Security
The question comes up more often than you might think: People are caring for a grandchild and want to know if they can get Social Security benefits for the child. This is a very different question when it comes from grandparents rather than parents. Parents who have young children can, upon applying for their own […]
1-minute video: When Can I Retire?
Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above). Here’s a discussion, for more insight, into the “Retirement Feasibility Timeline.” The effect of making small adjustments is talked about in the video about the “Dynamic Effect of Saving More.” The concept of the “Standard of […]
1-minute video: Retired Standard of Individual Living
Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above). The concept of Standard of Individual Living, what I call your SOIL, is discussed and how it is “individual” because your lifestyle is unique only to you. Connecting today’s SOIL to your retirement SOIL, is critical […]
What’s the Difference Between Advisers?
You’ve probably had experiences with different “advisers” without even realizing it (even at your bank). “Adviser” is a broad term ill-defined in the financial services profession. A key part of financial education is to become more aware of what kind of “adviser” are you talking with (not only me, but with any other as well)? […]
1-minute video: The Source of the Cost of Delaying Savings
Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above). “Stacking” refers the the fact that each contribution you make, at different times, have different timeframes in which they grow by compounding. Thus, each contribution has different outcomes. This fact is rarely discussed so that people realize […]
1-minute video: About Better Financial Education
Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above). More on the flying analogy in the video and how it, and my military flying experience, relates to planning and investing. // Larry’s Bio My 1-minute video series on YouTube. My Knowledge Center video library. How […]
Q&A Spouse’s Social Security & Medicare
People hear or read about claiming strategies involving spousal benefits, and they want to make sure they are not missing out on these benefits. Here are some of the questions people often have about spousal benefits. Q: Can I claim my spousal benefit when my spouse turns Full Retirement Age (FRA)? A: You can claim your spousal […]
A Brief History of Doom.
Well written, easy to read, no financial background required, on why financial crises happen. The author puts together a very well-developed argument as what causes financial crises by looking at many historical events worldwide and piecing together the data to support this insight. Note: This post was written some months ago and scheduled to post […]
Choices – Should you consider Social Security Withdraw or Suspend?
Can, and how, do you do a Social Security Do-Over? What kind of do-overs can you do? What are your choices? In December 2010 the Social Security Administration abolished the strategy of applying for benefits at 62 and then, eight years later at age 70, withdrawing the application, repaying the benefits collected, reapplying to start […]