This month could be considered the ten year anniversary of the start of the “Great Recession.” Most of us will remember the trials and tribulations of the financial upheaval that worked its way through the U.S., Canada, and Europe in 2007-2009. Only in the last few years have we seen a significant recovery in all…
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What Can You Do When An Elderly Parent Is Running Out Of Money?
I recently was asked an interesting question by a church friend concerning his elderly mother. Like many of us, he is a ‘boomer’ and has an 85-year-old mother who currently lives in an assisted-care facility. Her expenses are being paid for by Social Security, a military survivors pension, and long-term care (LTC) policy. Her living…
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Investing for Retirement – Part Three
In Investing for Retirement – Parts One and Two, I introduced a ‘framework’ for investing for retirement and discussed different asset types and holding options, and also active versus passive management styles. Once you make those decisions (or have some idea what you want to do), you’ll need to decide how you want to implement them….
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Investing for Retirement – Part Two
This is the second article in a three-part series about investing for retirement. In the first article, I discussed the various types of assets you could hold as investments. In this article, I’m going to look at the different ways you can invest in them and different management styles (active versus passive.) The better you…
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