The Coming Changes in Government Retirement Benefits
In recent months, as the country debated the federal government recent debt ceiling issue, I have had discussions with many people about the federal government retirement programs and the problems they present to the country. The big question is, if and when these programs will change in the future. These programs affect how we plan […]
How Much is Your Home Really Costing You?
I discussed in my last post, “The First Rule of Real Estate Investing,” that your personal residence is not an investment. Your home should be considered a consumer item just like your car, your washer & dryer, or anything else you buy for personal use. The reason I state this is because of all the […]
Post #5 – What can you expect from Social Security and Medicare? Part I
I originally intended this blog entry to be about estimating the future size of your retirement nest egg and what your subsequent savings rate should be. But this discussion is greatly impacted by your future social security and medicare benefits. The Social Security Administration sends out an annual benefit statement to each person who pays […]
