Retirement

All state pensions in Ohio have dramatically underperformed for decades due to rampant political corruption and gambling on Wall Street’s riskiest investments. State politicians have profited from Wall Street campaign contributions as active government workers and retirees have seen their benefits slashed. The staggering cost of this mismanagement amounts to $46,000 per Ohio taxpayer. That’s

It has been almost three years since our community and health care leaders told us to “shelter in place” from a pandemic, about which our medical professionals still knew very little. Staying home wasn’t a law anywhere in the U.S. but the vast majority of us obeyed the directive and hunkered down, waiting for better

The Secure Act 2.0 has been signed into law and brings with it several provisions aimed at increasing retirement savings and providing more Americans with a secure stream of retirement income. Of the upcoming changes, which take effect in a staggered way in the years to come, there are a few that will be most

Pizza is one of the most popular foods in the world. It’s delicious. It’s nutritious. It even has its own day (February 9th is National Pizza Day). It also presents an apt metaphor for building a business. Sure, you can learn a lot of entrepreneurial lessons by working in a pizza stand at one of

Some believe that if you have the right paper in place when you near your end, medical providers treating you will respect your wishes. It’s not always true. In hospitals, the doctors are busy measuring, testing, examining the data and using their tools. Amidst that, they can overlook the patient’s wishes near end of life.

If you’re concerned about the world you’re leaving your kids and grandkids, then you might want to broaden your concept of a “retirement investment” beyond conventional investments. You can develop some creative sustainable investment strategies by focusing more attention on the “E,” or expenses, portion of the common-sense formula for retirement security: I > E,

The labor market in general remains remarkably strong with all of the jobs lost during the pandemic long recovered. But, public employment is not doing so well. Parts of state and local government employment are still well below their levels before the pandemic. Governments have a difficult time attracting the talent that they need for

I have been a strong advocate of the Consumer Financial Protection Bureau (CFPB) from its inception, but a recent measure that targets multi-lender web sites (MLs) are more likely to damage than protect mortgage borrowers. There are two approaches toward protecting mortgage shoppers dealing with multi-lender web sites. One approach, the one deployed by CFPB,

You’ve worked hard your entire career. With your nose to the grindstone, you’ve let your retirement assets grow on autopilot. Suddenly, you find yourself sitting on a pile of money. What do you do next? What is a fiduciary advisor? While the Department of Labor has a complete booklet outlining fiduciary responsibilities, the essential elements

As part of your retirement planning, you may have invested in a deferred annuity. And, hopefully, over the years you’ve enjoyed tax deferred growth in the contract. The annuity may be a fixed annuity, where the insurer credits interest based on its own investment experience, or a variable annuity, where you choose the subaccounts (i.e.,