Click Here to Watch the FREE Blogging Video Tutorials

Categories

Please Post Your Comments


Please Post Your Comments

Please Post Your Comments to my articles here at the blog.

Thank you for posting your comments to my articles. Now that I am retired, I don’t post articles every day, since I have another life besides this blog. OMG did I just say that?

I read all of the comments you leave. I don’t approve them all, since a lot of them are SPAM, but I do read them all.

Please post comments as you see fit. If it is of personal nature, I will read it but will most likely not post it, since it is personal from you to me.

I get asked a few more times than I like;

I am married and love my wife. We have three beautiful children Continue reading Please Post Your Comments


May 22nd, 2010 | Category: Talking Retirement | One comment

Retiring Early - Your Portfolio


I don’t know about you but my thought is this. If you are investing for the long term in the stock market and you are a “set it and forget it” type of investor, you are getting nowhere FAST!

Don’t get me wrong. I will go out on the limb right here. I’ll say that many of the investment talking heads will tell you that you can’t time the market and you need to buy for the long term and stay in the market. Maybe you have heard that and are doing what they say.

I am here to tell you that little old me, Jeremiah John says, “This is plain stupid!”

You can’t afford to buy a stock or a bond or a mutual fund and not pay attention to it at least once a month, at the minimum.

Can I prove it? Let me try. Let’s see how a set it and forget it account does, shall we?

Go to Yahoo Finance. Click on the chart on the right hand side of the page. When the chart opens look for the line above the chart that says, “Want more control over the chart? Try our Interactive Chart.” Click that link.

This will open up a new page, showing the chart for the day.

Maybe it would be better if I showed you in a video what I am talking about.

Continue reading Retiring Early – Your Portfolio


May 15th, 2010 | Tags: , , , | Category: Investing for Retirement | 3 comments

Are There Dangers of a Reverse Mortgage?


You have been considering a reverse mortgage for some time but now you’re afraid. Some people might be telling you about the dangers of reverse mortgages. These dangers can become apparent once you decide to get a reverse mortgage. (If you missed the article that discussed the Reverse Mortgage Overview, you can read it here.) But do these dangers have any basis in fact or reality? Or these are simply dangers that you should not mind because the benefits are just too good to ignore?

First, let’s list four major benefits:

  1. Benefit #1 – You get to own your home or estate for so long as you are living in it, maintaining it, and paying its insurance and property taxes.
  2. Benefit #2 – You get to enjoy the monthly cash flow from the loan without taxes and you can spend it without restrictions.
  3. Benefit #3 – You get the option to use it on the education of your grandchildren or on other large expenses like uninsured medical.
  4. Benefit #4 – You are protected by the federal government because of certain strict regulations and safeguards placed on this financial mortgage program.

There are many other benefits that one can get by getting a reverse mortgage, but just like any financial loan, whether taxable or not, there are also some dangers which you should know before deciding to take the reverse mortgage so you have some facts and avoid regretting the decision later on. Continue reading Are There Dangers of a Reverse Mortgage?


May 10th, 2010 | Tags: , , , , | Category: Planning | One comment

You Can Retire in 10 Years


You can retire in ten years. That’s not a misprint. But to be honest, retiring in fifteen years would be better. If you are 40 now, you could retire at age 50 but if you wait until you are age 55, you’ll be a lot better off. Starting with zero money in a retirement account, consider these numbers for a minute:

Save $1,000 a month for ten years at 10% and you’ll have $258,986
Save $1,000 a month for fifteen years at 10% and you’ll have $503,549
—–
Save $1,000 a month for ten years at 15% and you’ll have $364,021
Save $1,000 a month for fifteen years at 15% and you’ll have $855,633

At the 10% rate you will have almost double in fifteen years than you would have in ten. At the 15% rate you would have well over twice if you waited fifteen years to retire.

I can see that there might be three questions you would be asking. Continue reading You Can Retire in 10 Years


May 8th, 2010 | Tags: , , , , , | Category: Talking Retirement | One comment

AARP Dental Insurance


I’m going to look into the AARP Dental Insurance plan. If you saw my article where I just joined the AARP, you know that I saved ½ on my car insurance just by joining AARP. When I retired on October 1st, 2009, I took the whole medical/ dental package, since I didn’t know how my expenses and my medical/dental coverage was going to all work out. So I got the whole package combined.

My dental premiums are banded and based on age. Band or banded is a term that means people are grouped into a rate category by age. Think of the band like a group. The band I am in is for the 51 to 60 years old. The next band goes from 61 to 65. Then from 66 to 70.

My dental premiums are the same as they were when I worked full time. That’s because the company was not paying half for the dental insurance – they were only paying for ½ of the medical. My medical is twice what I used to pay since the company is not paying half like they used to. But I knew that was going to happen. Continue reading AARP Dental Insurance


May 6th, 2010 | Tags: , , , , , | Category: Insurance, Planning | 4 comments
 
  Older Entries »