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Social Security Bankruptcy? No.

And keep your retirement; And your so-called Social Security – Merle Haggard (Big City) I am a huge Merle Haggard fan, but I must admit this may be the worse financial advice ever mentioned in a song.  Social Security is the bedrock on which our retirement income is built.  How important is Social Security?  A …

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Work Transition

Retirement – withdrawal from one’s position or occupation or from active working life -Merriam-Webster Dictionary I hate this “official” definition of retirement. And it’s not just the dictionary that thinks of retirement this way; most people view retirement this way too.  Our issue is that it makes retirement sound like the end of possibilities when, …

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Useless Advice

When it’s said and done we haven’t told you a thingWe all know that Crap is King; Give us dirty laundry!  Don Henley “Dirty Laundry” GQ magazine just published an article bashing the financial advising industry (“The Personal Finance Industry Is a Scam”).  Given my profession, it is reasonable to assume I would have issues …

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Financial Planning AFMG

Unknown unknowns

“There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things that we know we don’t know. But there are also unknown unknowns. There are things we don’t know we don’t know.” – Donald Rumsfeld  I remember when Secretary Rumsfeld spoke about unknown …

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It Just Doesn’t Matter

Near the end of the classic movie “Meatballs”, Bill Murray inspires his group by telling them not to worry about the score, and ends with a chant of “It just doesn’t matter.” Yes, I know I skipped over a few jokes in between. This scene came to mind as I was putting recent market moves …

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Wisdom to Know the Difference

God, grant me the serenity to accept the things I cannot change,Courage to change the things I can,And wisdom to know the difference. – Reinhold Niebuhr  Maybe you have seen the Serenity Prayer before, maybe you have not. I grew up with it as a refrigerator magnet in our kitchen. The third line is the …

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