Soc. Security Statements Are Back – Sort Of

They’re baaaack.   Those paper Social Security statements, which we used to get every year, but which have been on AWOL since 2011, may now coming to a mailbox near you.   The operative word here is “may.”   You will get a paper statement this year only if you are age 25, 30, 35, […]

Are Comfortable Retirements Becoming Extinct?

Twenty years ago, a financial advisor named William Bengen identified a disturbing trend. Retirees, who used to be able to count on Social Security and pensions, were starting to depend upon their own savings to manage retirement.   This problem is even more acute today, as companies have largely abandoned pensions in favor of 401(k) […]

How black swans can impact your retirement

    As a 10 year-old altar boy I drank 3 milkshakes right before serving a wedding mass…   … and threw up on the bride during the service.   Not pretty – especially the janitor trudging onto the altar with a bucket and mop to clean up the mess.   I was as surprised […]