Women are more vulnerable to a retirement income shortfall
When Social Security benefits are cut sometime after 2034, women will be hurt. Women live longer and have greater health expenses than men. Women rely on SS benefits more than men yet because of lower income, receive fewer SS benefits. Fewer women have their own well-funded IRA to supplement their incomes later. Fewer women have employer paid pensions. Women have lost seniority due to child rearing. Finally, women have lost wages over years of suffering the unequal pay gap. Thus, cutting benefits by 25% or so as planned by the current Trust forecast will bring women near poverty straits. Will the male-dominated GOP respond to fix this emergency with new taxes soon so that the Trust has time to accumulate a useful balance? Maybe not. This leaves women workers with the options of working longer, staying married (or with other family), finding more affordable housing/living situation or creating a new income source.
https://www.amazon.com/Ensure-Your-Financial-Health-Wealth/dp/1466388293
Is Social Security in your future?
In order to receive our full benefits in the future (2034
and beyond) we need to have more people who pay the FICA tax
working. Since fewer
children are being raised in the
Consider the options: https://www.amazon.com/Maximize-Social-Security-Benefits-Retirement/dp/1495439224
Retirement planning—the good, the bad, the ugly
If you have started to think about or talk to your advisor your retirement, that’s good. If your advisor has begun to pitch an annuity, that’s bad. When you have estimated how much income you will have compared to your expenses, that’s when it gets ugly. Most retirees wish they had started saving/investing earlier. Well, that can’t be helped now. You started when you started. What can you do now? Why do advisors push annuities? If you have a large lump sum, annuities can provide a guaranteed income to you (and your advisor). However, many insurers are cautious about guarantees. They have been burned by low interest rates and so limit ‘guaranteed living benefits’. People are living longer so the benefit, that ‘lasts a lifetime,’ may lose HALF its purchasing power in 20 years. If you have kept your money working in equities, you can sustain your current income level for longer than an annuity can. Plus if you or your family has an emergency, you can use your portfolio. Usually you cannot cancel an annuity without a large charge.
Plan for the worst: https://www.amazon.com/Not-Buy-That-Annuity-Guaranteed/dp/1466494573
Buffett recommendations for investments in retirement
What is one of the world's greatest investor's retirement
advice? Use 2 Vanguard funds for your retirement income. You avoid “high-fee
managers” and the high cost of trading. Warren Buffett's legal will provides for his
family by directing that his cash assets be invested in just two Vanguard
funds: One will provide cash for the coming year and the other will provide for
a sound future. The best way to protect your family's future is to be invested
in the stock market: Pure and simple. When you have stock assets, your money
compounds at higher rates when your account fees are 0.01-0.05%, not the retail
rates of 1.5-3%. You don't have to settle for retail products that are
structured to provide a Wall Street firm with higher revenues. The average
investor earns just 3.79%,
not the 10-12% market rates according to the DALBAR record keeper. A simple
plan can save you the pain of retirement income blues. Retirees
regret a little saving and planning workout.
Buffett’s simple plan: https://www.amazon.com/Warren-Buffetts-Vanguard-Funds-Retirement/dp/1496148592
?**********ACCOUNTABILITY**************?
Like 1776, this
period is a test
of democracy—We
rejected an "American
fascist" once
The
Path to Dictatorship: 2010-2030
Nov 2020 Wealthy
discredit election process
Jan
6 2021 Direct
assault failed: guns
& bombs ready
Trump
engaged in a "criminal
conspiracy" to stop Biden
“I
don’t f—ing care that they have weapons”
Trump was “detached
from reality”
Trump
used mafia-style intimidation on the defenseless
Parscale: “a
sitting president asking for civil war.”
Trump:
“Just
say the election was corrupt and leave the rest to me”
GOP fascism: “RINO
hunt armed; no bagging limit” J6
comm threat
Trump’s Supremes END
personal rights & state
laws except for weapons
WMDs
Fascism: GOP
to stop women leaving state for abortion
It’s
not a court. It’s a junta: Two Americas
How Govt wastes our money:
US
executes those who steal "top secret documents" don’t they: Rosenbergs
GOP
Sen Paul calling for repeal of Espionage Act: Dems could never get away
with that
Warrant:
Nuclear
secrets for Putin Xi or Saudis provides cash for dictator’s next move
Rubio said that Trump
was "dangerous": we must not hand him “the nuclear codes”
Trump
claimed he returned secrets in June: he did not: FBI found more. ‘Lock him up’
Now Trump claims he
“declassified
those documents.” But no record: Nuclear declassify
“We must destroy
the FBI,” Rep. Paul Gosar (R-Ariz.): GOP’s new fascist theme
FBI Justice probes Southern
Baptists: clergy
sex abuse of most devout: higher authority?
Sinema
was paid $1 million to kill wealth tax on wealthy and hedge fund managers
VA Gov ‘hate’ line: Gestapo-style
hate list compiled by Youngkin: “divisive” teaching.
Data from period-tracking
and pregnancy apps may be used to prosecute pregnant people.
TX
school district removes Bible, Ann Frank, etc from library and schools:
complaints
VA,
FL, PA, AZ restrict book reading: fears whipped by GOP: Gaetz
roams girls school
Judge
tells DeSantis he can’t forbid us talking about race in biz and education sites.
SCAMS/SPINS:
LPL Financial caught
not accurately calculating client reserves, inaccurate books: fine
Equifax Confirms It Sent Wrong
Scores to Lenders: Ask them to rejigger your score
Hackers used 30 retail accounts pump
up microcap stocks then sold making $millions
Median
house price zooms to $413,500: half above that record level
Dirty Apples: Updates
recommended after more errors found: even 6S model, iPad 5th
Bad Apples: Your iPhone
may soon have more ads
RECALL: Capri
Sun Wild Cherry Flavored Juice Drink Blend pouches: cleaning solution
RECALL: 4moms MamaRoo
Baby Swing and RockaRoo Baby Rocker: strangles kids
BEWARE: anti-choice
police seize our internet talk re: women’s health issues: talk softly
Walmart, CVS, Walgreens caught
pushing opioid drugs in OH: fine, no jail
Book
banners banned from reading the books they banned in public: 2
FL court: 16-year-old not
“sufficiently mature to decide” abortion so forced to raise child
Trump tells terrorists to chill; get ready “terrible
things are going to happen.”
Trump
can’t find a good lawyer: he usually doesn’t pay and his regulars
in trouble
Kinzinger: pastors lead people to “equate
Donald Trump with the person of Jesus Christ.”
Far-right
lobbyist now tax-exempt “church” Trump’s
Supremes all ‘church’ members
Trump’s
accountant pleads guilty: tax-fraud just like Al Capone mob boss
PA judges caught
sending kids to for-profit jails in exchange for kickbacks: fine, no jail.
Jobs
10 Cities Where Rich
Out-of-Towners Have Driven up Home Prices
Teach: you
don’t even need to know how: just handle violent parents, terrorists, pay
Wage
gains for job hoppers hit record high over those who stay
LeBron James takes $97 million contract: you
could be his body guard?
Who owns your account now?
Polio Is Now in NYC's Sewage, Suggesting That the Virus Is Circulating
Monkeypox is now “Clade”: saves monkey discrimination: clade
NAIC passes Pet
Insurance Model Act: make
sure your follows standards of care
J.D. Power T-Mobile,
Cricket and Consumer Cellular Highest in Segments
Paint sale: Sherwin Williams Coupons
It’s your money: Losses from crypto
hacks surged 60% to $1.9 billion January to July
NASA tests yeast’s biological processes growth, death, DNA damage: our life on mars?
EV Rules change
https://signmyrocket.com/ you can send a message to Putin on a bomb: “love from TX”
Miracles:
Inflation Reduction
Act just passed: what
we might accomplish
Panicked
parents defund town library to end book reading: outsiders donate to save
it.
Judge restored a
2016 moratorium
on coal leasing on federal lands overturned by Trump
14 blind
people had their vision restored and three of them, perfect 20/20 vision
5
Tax Credits in Biden’s New Law: Health, cars, home,
Dog,
Missing 2 Months, Found Alive Inside Missouri Cave
Scotland become first
country in world provide free period products: no rags, paper, etc
FDA: over-the-counter
hearing
aids available to millions: save $3,000
Start your day with this
and you will sing all day! youtube.com/watch?v=I0zNiae3j7k
@
Light is both
a particle and a wave depending on how we look at the light.
I
don’t think that there is any such thing as a position or a velocity of a
particle.
Everything in
universe: galaxies to stones made of subatomic
energy ‘vibrations’
A subatomic ‘particle’
is the smallest possible vibration (quantum) of a quantum field.
Mass–energy
equivalence: E=mc^2. At the smallest
level; Everything is moving!
There is no TIME at this
level because of force fields come and go in all directions.
Inside protons,
neutrons, it
is the fields of the virtual particles that creates its mass.
“Empty space is a
boiling, bubbling brew of virtual
particles that pop in and out of existence in a time scale so short that you
can’t even measure them.” Space expanding.
The electricity we use comes
from the field around the wire not from election itself.
We can apply for
Medicare online: https://blog.ssa.gov/apply-for-medicare-online
We can apply for Social
Security online: https://www.ssa.gov/benefits/retirement/
We can apply for
health care online: https://www.healthcare.gov/
IAN
973.746.2014
www.InsuranceAdvisorsNetwork.com
Alerts available
at http://dankeppel.blogspot.com/
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