by Alan Hopkins | Jul 21, 2019 | Economy & Markets, Social Security
Chances are that you know that the Social Security trust fund is due to run out of money—or “deplete its reserves” as economists put it—by the year 2035. The actual time frame depends on some forecasts, including economic growth, number of workers who remain in the...
by Robert Katch | Jul 18, 2019 | Financial Planning, Retirement
If you imagine that the U.S. Congress would create a simple, easy-to-understand system for determining when you can make contributions to retirement accounts, and which accounts, and how much, then you would be totally wrong. Nobody knows why the patchwork of ages,...
by Robert Katch | Jul 15, 2019 | Economy & Markets, Financial Planning
You’ve probably heard, in campaign speeches by Democratic Presidential contenders, that almost half of all Americans couldn’t cover a $400 emergency expense. Senators Kamala Harris, Elizabeth Warren and Bernie Sanders have all told audiences some version of this line....
by Alan Hopkins | Jul 10, 2019 | Economy & Markets, Financial Planning
Most investment managers and financial planners avoid bitcoins as an investment or as a currency, for a few reasons. First, the coins are not backed by any government or asset; they were made up by computers that solve complex algorithms, and therefore have no...
by Robert Katch | Jul 8, 2019 | Economy & Markets
It can sometimes be hard to understand just how large the U.S. economy is compared with the other countries of the world. You’ve probably read that California, alone, if it were an independent country, would have the world’s fifth largest economy. But what about the...
