Can a couple create an equally-pleasing retirement?

 

Can a couple create an equally-pleasing retirement?

Whatever you are dreaming about for your retirement needs to be discussed with your spouse. Let’s assume you have plans; so your spouse must have plans too. Do you discuss the plans? Do you plan when best to retire? If one of you wants to continue working, this may give you both experiences about your time in retirement. Perhaps waiting to collect SS benefits will up your income by 75% over early retirement benefits. If both of you start SS benefits at the same time, your income tax may increase since benefits are taxed as your income increases. Two income households can save more IF there is mutual planning. Divorce can destroy both of your futures. Spousal IRA doubles tax-advantaged savings. Written plans make them real.

Discussion is necessary: https://www.amazon.com/Maximize-Social-Security-Benefits-Retirement/dp/1495439224

 

Pay yourself or pay credit card industry?

Credit card debt is rising at its fastest clip in more than 20 years, according to the Federal Reserve Bank of New York. Overall, we owe $887 billion on credit cards, a 13% increase from a year ago. With inflation pushing rent costs and food prices higher, will we be able to save for the future or be stuck feeding the financial industry? My credit cards charge 27.24% if I don’t pay the balance monthly so I go back to buying the house brand and using coupons. I can’t afford the pay mob loan rates and still keep investing in my tax-FREE account. I want to make sure I don’t carry a balance since at 27.24% it would take me years to pay off $20,000. We had an emergency surgery charge of $20,750 this month (after insurance!). You must pay doctor and hospital in advance now. We found a new credit card that gives us 0% interest for 21 months on purchases. Some cards charge 5% on balance transfers so those aren’t good for us. Luckily we have a good rating so we qualify to put our surgery charges on a couple of these 0% interest cards. We have 21 months to pay the balance so we can continue to buy stock shares in our tax-FREE account.

Avoid interest and taxes on future income: https://www.amazon.com/New-American-Retirement-System-ReserveTM/dp/1461030072/

 

What kind of advisor works best for you?

Advisors cost money—a lot of money. If you have $500,000, you may be paying $10,000 a year for that quarterly review or quick telephone message. Over a lifetime or long periods of engagement you may be giving up 63% of your potential total nest egg. Fees are guaranteed to the advisor no matter what they do for you. If you need help in making a plan for investing or retirement or whatever, a better deal is to find a professional planner fiduciary that charges one fixed fee. Like a lawyer, this fee usually covers an analysis and a couple of meetings to answer your questions. The analysis can be extensive. Ours was over 50 pages and showed us how our retirement income could last for over 30 years. The fee was $750—reasonable considering no advisor in our area would accept us since we did not have over $1,000,000 for them to “manage.” Most of our money is in stock qualified IRA funds which we don’t want to manipulate or buy products. We were happy with our 9% annual earning.

Look before you sign an advisor: https://www.amazon.com/Best-Robo-Advisor-Ultimate-Automatic-Management/dp/1537111957

 

As repair costs soar, reliability becomes more important.

Here are the 2022 Consumer Reports Auto Reliability Report rankings of major automotive brands:

1. Lexus

2. Mazda

3. Toyota

4. Infiniti

5. Buick

6. Honda

7. Subaru

8. Acura

9. Nissan

10. Mini

11. Hyundai

12. Chrysler

13. Porsche

14. Chevrolet

15. Audi

16. Cadillac

17. BMW

18. Ford

19. Kia

20. Volvo

21. Ram

22. GMC

23. Mercedes-Benz

24. Volkswagen (31)

25. Genesis (30)

26. Jeep (26)

27. Tesla (25)

28. Lincoln (18)

Cancel coverage you don’t need: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634

 

 

 

?**********ACCOUNTABILITY**************?

 

 

Like 1776, this period is a test of democracy—We rejected an "American fascist" once

 

 

The Path to Dictatorship: 2010-2030

 

Parallels of this era in the past may hint at our future: democracy breaks apart legally

 

 

Jan 21 2010 Corpor­a­tions’ election-spending unlim­ited

 

Nov 2020 Wealthy discredit election process

 

Nov 21 2020 Trump’s Plans for a Coup: criminal

 

Nov 21 2020: Trump plan: US Marshals seize voting machines

 

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

 

Trump: President Biden is 'enemy of the state'

 

Christian Nationalist Party (CNP) replaces GOP

 

 

Nov 8 2022 Trump’s “national revolution”

 

Jan 2025 Dictator pardons himself: his Supremes Agree

 

 

How Govt wastes our money:

Wealthy avoid paying taxes so they can buy our elections: $20 million buys a lot of juice

There's No Recession In Luxury With Dior, Mercedes Sales Booming

We paid for tech sold to China that helped their advance hypersonic missile program

We give our money to Intel, etc for chip making and they lay off workers: profits balloon

 

Jan 6 Findings are history: do we prefer our version of reality: 2 versions of ‘democracy’

US sliding into authoritarian government LEGALLY just like other former democracies

Will Steve Bannon ever serve a day in jail for giving the House Committee the ‘finger?

 

9 million people and families failed to claim their IRS tax credit payments

GOP House leaders threaten cuts in SS and Medicare: But we paid in already

Supremes have another chance to undermine elections: states not voters can decide prez

 

SCAMS/SPINS:

Thousands lost hundreds of millions in crypto when scamgangs hit Coinbase acconts

Mortgage: mistakenly wire down payment to a hacker.

You may never know why you were denied that apartment: tenant screening scams

Only HALF of us are confident in fair vote counting: Trumpists think OK if win

Gen Flynn now new Billy Graham: Holy War (jihad) Politics is American’s religion

 

Catholic elites caught ignoring abuse of innocents: cardinal and bishop abuse kids

Giving a 15 year old access to a shotgun: what kind of urban society does that?

 

Genworth Life caught unfairly raising rates for 13,400 policyholders

Keith Springer caught using “deceptive marketing” push annuities high fees: defrocked

Stephen Romney Swensen, estate of, caught Ponzi after death: promised 5% guaranteed

 

American Airlines caught taking bogus bag fees: pay back $7.5M lied re credit card perk

ACTIVE Network caught tricking people into enrolling into subscription discount club

Cetera caught misleading clients share class selection/revenue sharing infractions fine

 

Credit Bureaus caught putting/keeping crap data in our credit reports: junk data abounds

 

BEWARE: Cash App Scams: learn the tricks and techniques scammers are using

7 cereals called ‘unhealthy’ by gov: too much sugar and salt

 

Social Security COLA increase may put us in next tax bracket: benefits taxable?

Teachers with emergency certifications, low-income Black neighborhoods get less again.

Twitter: like China's WeChat, a "super app" does video chats, messaging, streaming, payments 

 

Recall baby formula by Abbott who Improperly Sealed Bottles of Similac: profits soar!

 

Putin takes Ukraine kids to make them Russian just like Trump separated kids for US.

British Prime Minister Liz Truss resigns: her last appearance

 

 

Jobs

Good financial jobs expanding

Our vets, generals and admirals work for foreign powers after we pay to train

Remote jobs will get harder to find

 

Who owns your account now?

Can You Back out of a Real Estate Contract? Maybe—each state is different

Medicare options open for 2023: https://www.medicare.gov/plan-compare/

New Abortion Underground

Texas woman nearly died: infection allowed doctors could not perform legal abortion

 

Use your home’s equity wisely: big asset you can use before you sell out

Vanguard had rare month of outflows: most fund owners in for long-term

 

Miracles:

Syria ‘rare’ preserved Roman mosaic in former rebel stronghold

On-site renewable energy: a revolutionary bladeless wind energy: quiet no solar panels

Now we can buy hearing aids over the counter: do your research for $200 value

Cancer vaccines could be ready by 2030: uses mRNA nucleic acid to target intruder

 

Two bizarre blue blobs of light glimmering in our planet's atmosphere: UFO?

 

Scotland tries different way to reform women in prison

Student loan forgiveness: https://studentaid.gov/debt-relief/application

2023 tax rates offer break for middle income payers: wealthy already have breaks

 

 

 

 

Our Universe is Mind-Blowing

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 (galaxies to stones) in universe 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 a little

Physics Nobel Prize: “entanglement” 2 particles share info instantly at a distance

“It may be that gravity and quantum mechanics are exactly the same thing,” Leonard Susskind

 

There is no TIME at this level because of force fields come and go in all directions. 

Universe expanding: events may not come together like they did before.

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/