If you’re in a marriage that’s ending, you’ll need to gather certain financial documents to help you evaluate your assets and understand the financial position you’re in. Some of the information may be at your fingertips, but some might require sleuthing.
Everyone needs to be aware of the financial resources they will have available in retirement. But if you’re a woman, you must be particularly diligent, for a variety of reasons. And that means you’ll need to know just what to expect from Social Security.
The “Interrupteds” are remodeling, which is a pleasant way of saying that we have ripped off the back end of our house and have been single-handedly air-conditioning the neighborhood for the last month or so.
We celebrate our nation’s 238th birthday this month, unless we count from the year of the Constitution’s adoption. If so, then it’s a young 227 years old. Too young for a nation to die? Not according to history. We learn civilizations generally collapse within 200 years, so we can wonder if the USA is overdue to “tap out.”
We know all about past financial histories of failed governments. Every government with a fiat currency, like America’s, has failed. The maximum lifespan of fiat currencies has been 43 years. In America, we became a fiat currency in 1971, when Nixon took us off the gold standard. We are now in our 43rd year.
I received a mystery package recently, opened it up, and discovered a popular appetite suppressant inside. Sprinkle this magic powder on your food, the included literature instructed, and allegedly it would cooperate with your sense of smell to curb your cravings. And here it was in my hands — a whole box of the stuff. But I didn’t order it.
Throughout your career, you have been working hard to save in one or more retirement accounts. Then, once you retire, you’ll have some new decisions to make. But one choice has already been made for you: the age at which you must start taking withdrawals, or “distributions.” It’s a good idea to familiarize yourself with these distribution rules because they can have a big impact on your retirement income. And you may even want to take action before the end of the year.
Have we had enough of our state schools superintendent John Huppenthal yet? Did his tussle with an elderly woman over the removal of a competitive candidate’s sign make you see red? Does his blatant touting of private schools through robocalls seem at odds with his elected position as superintendent of PUBLIC instruction? And now, how about his anonymous posting on political blogs, calling welfare recipients “lazy pigs” and vilifying Margaret Sanger for her work with Planned Parenthood?
While the average citizen struggles to save for retirement, some “public servants” will be making millions from “public service.” Fifty individuals walked away with a cash payout of hundreds of thousands of dollars, got a second retirement plan, and then started making over $100,000 in yearly pensions. What do you get?