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WASHINGTON — The quickening pace of Democratic retirements in the House may be the clearest indication yet that the party’s hopes of maintaining its narrow majority are fading amid President Biden’s sagging approval ratings, ongoing legislative struggles and the prospect …
Via Birch Gold When you think about the idea of a secure retirement, one key ingredient would be security. If that’s missing, all you’re left with is a retirement full of anxiety. And it doesn’t matter which politicians take office, both sides of …
Via Birch Gold With inflation on the rise, manic market behaviors, and market volatility that doesn’t seem to be ending soon, retirement savers already have enough to think about. But even if things were more normal, your retirement game plan …
Via Birch Gold Uncle Sam may turn into a “retirement robber baron” if Congressional Democrats get their way. In a piece titled The Tax Man Cometh, Mike Shedlock covers a partial outline of various tax reforms that the Democrats are putting …
If you are like millions of American seniors, you have been planning and waiting on your retirement. Perhaps you have a pension or you have put money aside in an IRA or 401K plan. You may also be counting on …
by Frank Holmes, CEO, U.S. Global Investors Social Security is in worse shape than we thought. The program’s Old-Age and Survivors Insurance (OASI) Trust Fund is now expected to be insolvent by 2033, a year earlier than anticipated. According to …
From Birch Gold Group When my grandfather completed his 30-year stint at the Flexsteel factory, he retired with a pension. That and his Social Security benefits gave him a comfortable retirement. The days of pensions, however, are pretty much over. Nearly …
Democrats on Capitol Hill are proving their socialist stripes: They’ve reportedly considered raiding the “super-sized retirement savings accounts” of the wealthy to pay for their $3.5 trillion progressive spending fiasco. On Tuesday, Politico reported that congressional Democrats are “aghast that …
by: Stefan Gleason America faces a retirement crisis. The chairman of the world’s largest asset management firm is sounding the alarm. BlackRock CEO Larry Fink told CNBC last week that he sees a “silent crisis of retirement.” Fink cited ultra-low interest rates, …
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Via Birch Gold The economic shock of the COVID-19 pandemic has forced many retirement savers to reevaluate their plans. That isn’t surprising, because the global economy tanked in late February, and that’s bound to have financial consequences. But those consequences have …
Chief Thomas Cummings leads the Southampton Village force in the Hamptons Cummings, 57, is paid $442,000 but is due $1.24 million upon retirement His base salary is $264,000 but draws an additional $230k in overtime/benefits Southampton has a population of 3,000 and …
If Social Security were a private retirement fund, we’d sue. All that money you’ve poured into the Social Security trust fund over the years earned less than 1% during 2020, the funds’ administrators have revealed. The S&P 500 index SPX, …
by FS For well-prepared investors, retirement milestones are something to be celebrated. However, getting to the big day stress-free takes a lot of organization and planning. Keeping key dates in mind is one of the most important aspects of planning …
by CCopperpot15 There are so many posts and comments on this subreddit to the effect of “I could never stop working, I’d be so bored just sitting around on a beach/watching tv/on the porch.” It always confuses me that so …
By Rodney Johnson I find myself thinking more about retirement. I don’t want to trade my daily routine for the cruise ship, but I’m developing a laser focus on generating more income that I can put away for later use… which …
by FS We spoke with Reshma Kapadia, a senior writer at Barron’s, about her recent article “How Your Kids Can Ruin Your Retirement, and How to Make Sure They Don’t,” to understand how parents can protect their retirement in the face of rising …
via MarketWatch: The lights have been green for the baby boomers all their lives. They were born just after World War II, between 1946 and 1964, and raised during the biggest, most sustained economic boom in human history. They were …
by Adam Taggart “We are on the precipice of the greatest retirement crisis in the history of the world. And that makes perfect sense because, first of all, we have the largest elderly population in the history of the world. …
by FS Planning for retirement can often be stressful and quite complicated. Jim Puplava of Financial Sense Wealth Management shared 10 of the most common retirement planning mistakes he’s seen on a recent edition of our Lifetime Income program. He identifies how you can …
The three “legs” of the retirement “stool” (private savings, pensions, and Social Security) are all in dire shape. At Vanguard, the median 401(k) account value for an investor age 65 and older is a measly $58,035. After looking at the …
From Birch Gold Group The economy operates in cycles. Booms and busts, bubbles and recessions, ups and downs. Following this pattern of cycles means there is always some level of risk when investing in that economy through stocks, bonds, options, etc. …
Rich Dad Radio Show, Released on 3/27/19 Public pensions are often compared to the real estate bubble and student loan crisis. Robert talks to Ted Siedle, a pension investigator, who reveals systemic risks in many public pensions ranging from incompetence …
By Jared Dillian You’ve screwed up: You’re drowning in debt. You haven’t saved for retirement. You’ve chopped yourself to bits in the stock market. “Too late now, I’m screwed.” You are not screwed. The only way you are screwed is …
by Frank Holmes, CEO, U.S. Global Investors Are you sitting down for this? According to a recent survey, one in five American adults have nothing saved for retirement or emergencies. A further 20 percent have squirreled away only 5 percent …
From Birch Gold Group With Social Security potentially in jeopardy and pension plans on their last leg, saving for retirement has increasingly become important. But even if you are saving properly, and retire with a decent-sized nest egg, your retirement is still in jeopardy. There are …
by John Mauldin I have long said I don’t want to retire. I enjoy my work. It’s not too physical, other than the travel (which is finally beginning to wear on me). Also, my savings are not yet sufficient to sustain …
