"The economy is more than a little unpredictable right now. It makes sense to discover as many ways to save money and avoid paying unnecessary tax as possible." by Debra May As inflation continues to eat into Americans' savings and retirement accounts and a recession is all but guaranteed, many working people are experiencing financial [...]
"Financial entertainers such as Dave Ramsey and Suze Orman often berate pre-retirees and retirees for using credit cards. But is it always BAD for seniors to use credit?" by Debra May Leveraging other people's money (aka "credit") can be a fantastic way to grow your wealth and fund cash-flowing assets. Ask nearly any successful [...]
This is a 2.5 minute read. by Debra May Retirees often face a dilemma when deciding how to invest their money in a more risk-averse manner. Certificates of Deposit (CDs) are popular, but Fixed Index Annuities (FIAs) are sometimes a much better option. I want to compare these two safe money choices to show why [...]
By Debra May As the world edges toward recession, it's clear that retiring in such volatile circumstances requires a more flexible, creative approach. If you want or need to stop working in the next 2-3 years, giving up your paycheck can be anxiety-inducing, especially if your portfolio has lost significant value. You might see life [...]
“There is a plethora of companies, products, and services focused on helping us reduce anxiety by filling in the blanks of our future lives. But what if uncertainty is sometimes a good thing?”- Debra May By Debra May Biology created a human brain exceptionally resistant to, and fearful of, uncertainty. When you watch the [...]
"If you're disabled before retirement age, should you retire early or apply for Social Security disability (SSDI)? – Debra May By Debra May Three of four Americans over age 65 have life-impacting medical conditions, including high blood pressure, obesity, arthritis, and other chronic afflictions. These conditions often lead to disabilities. From a legal [...]
by Debra May A "sequence of returns risk" or "sequencing risk," is a situation created by a combination in which returns are generated, then withdrawn from a portfolio, particularly in the decumulation (retirement) phase of life. Normally, if you aren’t investing regularly or making systematic withdrawals, the order in which your returns occur has little [...]
