How to deal with your retirement in uncertain times.
The recent government decision to issue “floating rate notes” (FRN) could have a dramatic and dangerous effect on our economy and our industry. The government’s plan is to issue FRN with an adjustable rate reestablished every 6 months. Instead of fixed interest rate notes, this new approach would have a variable interest rate.
When you consider what it takes to establish a successful retirement plan, what comes to mind? Is it your annual rate of return; the safety of your principal; having a balanced portfolio; guaranteed income for life? While all above are important, they are not the most critical factors that will determine whether you will run [...]
Debt, how can we owe so much? Our National Debt is now officially $21 Trillion. The debt is $67,000 for each man, women, and child in America, Congress has mortgaged all our future. The national debt limit has been raised 74 times since 1962. The most recent increase was for $318 billion, allowing [...]