16 Apr 2019

You Can’t Go Home Again: The False Promise of a Rock Concert in West Palm Beach

        The concert was a success, but the audience had died.   Trying to recapture any piece of your past is a futile activity. We can certainly learn from our pasts, but it cannot be recreated. If you try to recapture any part of your memories, you

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04 Apr 2019

New Report Finds More Investors Asking About Fees and Holistic Services

          Advisors have to become more transparent and offer a more inclusive financial and life plan, while investors say they are willing to pay for advice, as long as it is transparent and shows value. Those are some of the results in an April 2019 report

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01 Apr 2019

Time To Think Outside the Box in the Next Generation of Financial Wellness Programs

        April is financial literacy month and it comes at a time when the average American’s understanding about the basics of investing is declining. An October 2018 study by Alliance Bernstein (“Inside the Minds of Plan Participants”) found that only 9% of workers in 2018 surveyed were

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19 Feb 2019

Kamala Harris and Now Beto, Falter and Become Defenders of Capitalism

        UPDATED, MARCH 14, 2019–In his announcement today saying he was entering the 2020 presidential race, Congressman Beto O’Rourke (D-Texas) dispelled his maverick image by saying he was a capitalist. In his announcement, O’Rourke, who has few legislative accomplishment to tout, said “”I’m a capitalist. I don’t

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31 Oct 2018

Does Wall Street Have Something to Hide When It Comes To Social Security?

      On Oct. 16, 2018, Republican Senate Majority leader Mitch McConnell said that due to an increase in the federal budget deficit, Republicans would have to reduce and alter some of the key provisions in Social Security and Medicare.  In his announcement, McConnell said the only way to

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26 Oct 2018

Decline in Housing Sales Also Is Bad For Retirement Planning

Recent reports that younger people (aged 38 to 34) prefer to rent rather than to buy homes is not only bad for the $10 trillion housing industry, but it also is bad for retirement accounts. A new report by the Stanford Center on Longevity found that “the homeownership rate fell

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18 Oct 2018

Protecting Social Security, Medicare, Medicaid: The Keys to the 2018 Election

The scandals, Russian collusion investigation, self-dealing financial transactions, mismanagement, insults to women and people of color, are all trademarks of the Trump administration as they inflame sections of the electorate. But, the one thing that crosses all social-economic and political boundaries is a 83-year-old benefit that is now under attack

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16 Oct 2018

Public Pension Underfunding Hits $6 Trillion, But It Should Be Higher

      The unfunded liability of public pension funds is not something typically discussed by politicians and average citizens, but it should be. That’s because unfunded pension liabilities affect the fiscal stability of entire states, millions of public employees, from teachers and firemen to city hall secretaries and anyone

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02 Oct 2018

Making 401(k)s More Attractive to Small Businesses and Workers

Since the first corporate pension plan was created in 1874 by the American Express Company, there has always been a blind spot in how small business owners offered retirement benefits to their employees. For over 70% of business owners, this decision to offer any form of retirement was simple: They

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08 Aug 2018

Retirement News Worth Reading

Retirement and financial security are issues that are not often discussed by the general news media and most politicians (except Progressives), but these are major events affecting people worldwide. In the U.S., here are some retirement-related news events worth noting: Americans Not Saving Enough for Retirement; 40% Have Saved Nothing

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