Social Security was established in 1935, due to so many elderly people going hungry during the Great Depression. President Roosevelt felt people were losing hope. The Welfare Department was established and Social Security began. In the past, FICA tax paid into the...
Most employees do not know what their Social Security benefits will be. They don’t know what their 401(k) will provide for them at retirement, nor when they will be out of debt. Few employers provide disability insurance if you get hurt or sick, so what will happen...
This illustration of plaque buildup in the arteries makes me sick. Millions of people have plaque that has the potential to cause huge health problems. The same can be said about the “financial plaque” that so many people carry around with them. They...
A friend of mine loves to golf. But the expense of it is concerning to his wife so my friend won’t tell his wife when he goes and even leaves his golf clubs with his friend permanently, just so his wife doesn’t see them missing for a day. I use this example of...
A rose is beautiful and we all enjoy them to celebrate special occasions. But roses have thorns — sometimes we can prick ourselves if we aren’t careful. Retirement is just the same. We can enjoy retirement if we hold it just right, but if we refuse to...
The illustration below shows how we all want our finances to go, smoothly all the way until we reach our financial goals. However, “life” happens and then we have the picture below it with all kinds of obstacles and bad weather, sketchy bridges to cross and danger all...
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