Uncategorized – Page 3

Can Future Generations Count on Social Security?

Social Security – the Ultimate Political Football

Is the Social Security system stable in the future? Will Social Security be there when I reach retirement age? These are some of the questions younger generations ask about Social Security. In response, some say the system is broken, actuarily unsound, requiring an overhaul. Others claim the various elements of the Social Security Administration are basically solid, needing only minor modifications […]

reggie2017-11-09T02:40:20+00:00November 1st, 2016|

A most difficult issue to handle in retirement planning!

Retirement planning has a number of challenges

There are many issues that have the ability to cause real damage to any retirement planning effort. Having no control over our spending habits is a primary issue. A debilitating illness requiring a lengthy treatment or recovery process is another significant hurdle. Certainly a factor having an impact for individuals involved in ministry, missions, or faith based non-profit efforts is an […]

reggie2017-11-09T02:40:21+00:00October 25th, 2016|

Panning for YIELD, what you need to know!

As retirement approaches, the golden glow of yield grows brighter!

How much money do I need in my retirement account? The better question is, “How much can I withdraw from my nest egg without running out of money?” The risk of running out of money, of out living your savings, is real. Since this is the case, many entering and nearing the retirement years are deciding to focus […]

reggie2017-11-09T02:40:21+00:00October 18th, 2016|

An underutilized, powerful tool for now & retirement!

When asked, what is recommended?

Have you noticed the advertisements about retirement? Fidelity, Voya, John Hancock, Ameriprise, Transamerica, Merrill Lynch, Raymond James, and more produce ads intended to increase the population’s focus on retirement. The bottom line advice is begin saving early, and save more then you are saving now. The financial community widely promotes participation in 401(k) plans and 403(b) counterpart plans for non-profit personnel. Making sure […]

reggie2017-11-09T02:40:21+00:00September 27th, 2016|

Women are different than men! Learn from them!

A radical discovery?

In an August Financial Advisor Online article, Michelle Matson offered this guidance to advisors, “Women look at finances differently than men. They look at long-term goals and at what they want to accomplish in life. Therefore, advisors should recognize the differences between men and women and help female clients focus on long-term goals and strategies rather than on short-term results.”¹ This is apparently a radical […]

reggie2017-11-09T02:40:21+00:00September 20th, 2016|

A majority to avoid – those with no emergency fund!

Rise above the masses!

In the early to mid 1990’s a popular revitalization plan for many cities included the creation of a “mega-shopping mall” by connecting adjoining buildings and constructing climate controlled “tubes” spanning surface streets. I recall at least one city using the marketing slogan, “Rise Above the Masses” seeking to draw shoppers into the non-mall mall. While that slogan is questionable at best, there is one […]

reggie2017-11-09T02:40:21+00:00September 13th, 2016|

Can ANYTHING lasting come from Pokémon Go?

STOP! Watch what is happening around you!

In late July, while traveling North of Lexington, Kentucky, it became obvious that I needed the Rest Area just ahead. Heading back to my car, I stopped for a moment, amazed at the focus of three youth who appeared of high school age. Each was intently watching their cell phone screen, paying absolutely no attention to their surroundings. While I have […]

reggie2017-11-09T02:40:21+00:00September 6th, 2016|

“Lost Time is Never Found”

“The sooner I fall behind, the more time I have to catch up.”

The Transamerica Center for Retirement Studies released a study of the retirement planning habits of Generation Xers (born 1965 to 1978), describing them as “struggling.”¹ When presented with the statement, “I prefer not to think about or concern myself with retirement investing until I get closer to my retirement date,” 40% expressed agreement. Fifty-two percent […]

reggie2017-11-09T02:40:21+00:00August 30th, 2016|

The ugly side of retirement planning

Retirement planning & financial planning are not popular activities

Allianz Life Insurance Company of North America conducted a survey of 3,000 Americans for a study entitled, “The Gift of Time.”¹ In that survey, 72% of the respondents indicated they had no financial advisor although nearly one-half wanted guaranteed lifetime income and almost one-third would like help with finances through the changing stages of life. “A recent study by […]

admin2017-11-09T02:40:21+00:00August 23rd, 2016|

Saving for Retirement is a Spiritual Act of Stewardship

Retirement Planning fails for a variety of reasons

There are a number of reasons that ministry, non-profit, and missions personnel have failed to save for retirement. Some sadly report there were never enough funds available. With limited funds, committing cash to provide a retirement income for personnel have sadly often drifted into obscurity among pressing ministry needs and priorities. A significant number individuals have personally neglected making provision […]

admin2017-11-09T02:40:21+00:00August 16th, 2016|