Retirement Success

Helping you plan and achieve the future of your dreams!

#FinCon

[Retirement Success @Retire_Success]

@ThePeoplesCube @StateDept Now we're talkin! 👍🏻

[Retirement Success @Retire_Success]

@RepSaraJacobs https://t.co/OlnadI45rR

[Grok @grok]

Yes, Rep. Jacobs is misleading on the healthcare claim. The 15 million figure projects long-term uninsured from enacted Republican cuts in prior bills like the Big Beautiful Act, not this clean continuing resolution, which Democrats opposed over demands to expand ACA subsidies, ease immigrant eligibility restrictions, and restore PBS/NPR funding pulled earlier. The J6-related provision allows any senator to sue for up to $500,000 in damages if they prove improper phone record seizures, requiring a court win—it's not an automatic payout targeted solely at J6 participants.

[Not Dave Ramsey @Lifeinvestmoney]

If Warren Buffett would have made coffee at home instead of going to McDonald's every day he could have retired before 94

[Retirement Success @Retire_Success]

@dougboneparth We had difficulty building cash, so we opened a bank account just for emergencies. We restricted on-line access- the only way to check the balance was go to the bank.

A small portion of each paycheck was direct deposited.

After 18 mos, we had saved thousands of dollars.

[Retirement Success @Retire_Success]

@KamalaHarris Just... wow.

[Retirement Success @Retire_Success]

@washingtonpost And then you changed the picture from the family?

Is there anyone doing editorial oversight anymore?

[Mark J. Perry @Mark_J_Perry]

JUST OUT: "Chart of the Century" Update through June 2024 based on yesterday's CPI report. A few observations:

1. The cost of Hospital Services continues to rank No. 1 and has escalated significantly in the past few years.

2. College Tuition continues to rise but at a slower rate in recent years.

3. College Textbook costs have been flat for about the last 8 years, thanks to competition and low-cost (or free) alternatives to traditional textbooks.

4. Increases in the prices of New Cars, Household Furnishings, and Clothing have accelerated in recent years.

[Retirement Success @Retire_Success]

@unusual_whales Except, it won't.

FRA will just get raised by a year or two on anyone under 55, as has happened every time in the past.

[Retirement Success @Retire_Success]

@BeeKamens @JoeBiden America thanks you for this.

Joe Biden didn't pay that... taxpayers - many who didn't go to college - did.

[Retirement Success @Retire_Success]

@joebenson E-mail the hospital CEO with all the details.

I had a similar incident - I was billed ~$3k and was simply given a referral.

I protested to the CEO. He sent it down the line. I'd been classified as a Level 4 (basically ambulance arrival).
I had walked in.

Final bill was $570.

[Retirement Success @Retire_Success]

@Peter_Atwater "Hover above 3%."

😂 😂 😂 😂 😂

😞

[Retirement Success @Retire_Success]

@BarbellFi Talk with an accountant or financial advisor about the taxes on the $60k. Then do your assessment on the $ remaining.

Also, if she has the $340 a month for life, is there any continuing payment to someone if/when she passes (spouse?)

[Retirement Success @Retire_Success]

@charliebilello Increase FRA on younger workers. Just like what was done to me and others.

It's that simple.

[Retirement Success @Retire_Success]

@unusual_whales The interest rate on my first home was ~10%. 7.4% seems like a comparative bargain.

[Retirement Success @Retire_Success]

@MebFaber What is truly amazing is the compounding in the final decade before retirement.

Just when it feels like you may never have enough... suddenly the account balances start to climb - even in an average investing climate.

Then it all makes sense.

[Retirement Success @Retire_Success]

@Convertbond Bedtime reading. Right now.

[Andrew G. Biggs @biggsag]

If Americans need so much to retire - $1.5 million, in a recent survey - why do most seniors say they're financially secure despite having so much less?

[Retirement Success @Retire_Success]

@RepWebster As a constituent of yours I understand your votes.

What I don't understand is that you and Congress just think this money is readily available.

What budgets did YOU vote to cut to make this money available???

What are YOU doing to achieve a balanced budget?

Tired of this!

[Retirement Success @Retire_Success]

@Convertbond Just got this alert. 😀

[Retirement Success @Retire_Success]

Social Security is never going to be allowed to fail, unless it is replaced by something else.

Also, Recipients are a large and growing percentage of the population.

[John Tamny @johntamny]

The surest sign of Social Security's well-endowed future solvency is the total lack of a trust fund or "lock box." Looming insolvency is the stuff of the deep-in-thought and/or politicians eager to falsely alarm portions of the electorate. The reality is that the foolish idea that was and is Social Security has always been a general revenues concept, meaning fully paid for by the most productive people on earth. Those who should know better (including the Washington Post's Heather Long) claim Social Security faces insolvency in 10 years, and that the insolvency has young people "sour on capitalism," but as yields on the 10-Year Treasury note make plain, those who get the program's lousy returns have nothing to fear. None of this excuses the program, but at the same time Treasuries are the most owned securities in the world. That they are signals that scaremongering and politicking about Social Security's future or lack of it is pure politics, and has nothing to do with reality. As for young people, if they were truly sour on capitalism as the alarmists of the warring ideologies claim, this would be reflected in soaring Treasury yields indicating a rising inability of Treasury to pay its debts. https://t.co/6uD7Niw7pT