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Retirement: Don’t despair, get saving!
When he was 22 Matt told his father of his immediate “need,” a 2002 Pontiac Firebird Trans Am in mint condition. “Someday I’ll be married with kids and driving a van,” said the young man with a $25,000 income. For…
The Real Retirement Crisis
America has a retirement crisis, but it’s not what some people want you to believe it is. It’s not the defined benefit pension plans that public employees pay into over a lifetime of work, which provide retirees an average of $23,400 annually…
Your money The key to building wealth? Start slowly
What’s the best way for young investors to build wealth for retirement? Ignore your human instincts, says a new ebook targeted at 20- and 30-somethings. “If You Can: How Millennials Can Get Rich Slowly,” was written by William Bernstein, a…
Bill to require plan for funding public retiree health benefits voted down
On April 23, Assemblyman Travis Allen’s (R-Huntington Beach) Assembly Bill 1681, which required that all future contract negotiations between a public employer and its employees would include a strategy for funding retiree health benefits, was voted down by the Assembly…
More Than Meets the Eye: When Perception and Spirit Outweigh Disability
It’s been said that perception is reality, that the hand is quicker than the eye. It’s also been said that fear of the unknown can make one do things they never thought possible. Time and time again, we’ve put these…
Retiring? Tune up your ‘psychological portfolio’
Forget about your investment portfolio. It’s time for you to think about “psychological portfolio.” Yes, the money is important. There’s no denying that. “You have to think about your financial portfolio,” Nancy Schlossberg, author of “Revitalizing Retirement: Reshaping Your Identity, Relationships,…
U.S. Sen. Johnson talks manufacturing, minimum wage hike
As U.S. Sen. Ron Johnson sold ideas to rein in government spending Friday in Janesville, he also pushed ideas to boost technical college programs but eschewed the idea of a federal minimum wage hike. While a few residents mused on…
Retirement: 7 shopping tips to save you money
Financial success in retirement requires more than just smart money management. It should also include an analysis of how you’re going to spend your money to get the most bang for your buck, say two top national experts on consumer…
CMS proposes waiting longer to pay Medicare ‘bounty hunters’
Medicare officials want to make it harder for their recovery-audit companies to collect fees for auditing hospital and doctor bills. Earlier this week, the Government Accountability Office gave the CMS the go-ahead to make the change despite protests from the auditors. Recovery auditing is a major…
Will ObamaCare Prove More Costly Than Medicare and Medicaid?
One consistent argument in favor of expanding government-run health care in the U.S. goes like this: “We’re the richest country in the developed world, so we should be able to provide universal health care like all the other developed countries.”…