Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Posted on March 8, 2014
Retirees seeking the retirement trifecta — golf, the beach and warm weather — often flock to pricey places like Hilton Head, Palm Beach or Santa Barbara. But sugar-sand beaches, sunshine and some of the best golf in the nation can be had at a much lower price in Alabama. The northern part of the state […]
Continue reading →Written by Gary North on February 26, 2014
When you think “Mt. Gox,” think “Enron.” When something this devastating happens to the biggest exchange in an experiment designed by anonymous Japanese programmers, the industry is not going to recover rapidly. Other firms in this industry now have a real marketing problem. The disappearance of the Mt. Gox Bitcoins exchange is a major setback […]
Continue reading →Posted on February 19, 2014
It’s far from uncommon for Americans to retire abroad—the combination of exotic surroundings, lower rent and cheaper medical care can be irresistible for a retiree with wanderlust and an undernourished nest egg. But Yanks aren’t the only gray-haired migrants in North America: As Kathy Kristof reports this month for Financial Planning magazine, many Canadians are […]
Continue reading →Written by Gary North on February 11, 2014
This man is funny. He is also a very astute observer. We are the generation that changed everything. Of all the eras and epochs of Americans, ours is the one that made the biggest impression—on ourselves. That’s an important accomplishment, because we’re the generation that created the self, made the firmament of the self, divided […]
Continue reading →Posted on January 24, 2014
When it comes to rolling over retirement accounts, a new government report suggests that job switchers are ignoring what may be their best option: Pouring savings into a new employer’s 401(k). For many investors, the term “rollover” is synonymous with moving money from an employer-sponsored plan like a 401(k) into an individual retirement account. But […]
Continue reading →Posted on October 24, 2013
A May 2013 report published by the London-based Institute of Economic Affairs found that retirement increased the chances of suffering from depression by 40%, while it increased the probability of having at least one diagnosed physical ailment by about 60%. That impact was assessed after controlling for the usual age-related conditions. Gabriel Sahlgren, director of […]
Continue reading →Written by Gary North on September 3, 2013
PBS had a recent article about retirees who stay in the work force beyond age 65. It interviewed economists. What it did not do was provide statistics on how many Americans work until age 75. The answer is: hardly any. A proponent of working longer is Prof. Alicia Munnell, who is careful to keep her […]
Continue reading →Posted on August 9, 2013
Twelve years ago, a handful of older residents living in a tiny section in Boston gathered to figure out a way they could “age in place” in the neighborhood they so dearly loved. After months of meetings and fundraising, they launched the Beacon Hill Village, a nonprofit membership organization that provides free or low-cost services […]
Continue reading →Written by Gary North on August 8, 2013
MarketWatch is a conventional website. It runs financial news. It also runs articles on investing. This one caught my eye. “How to make your nest egg last over 40 years.” That sounds good! I read it. The article says you can achieve this goal. But you will need at least $2 million. A million won’t […]
Continue reading →Written by Gary North on July 24, 2013
Most Americans have not saved enough to retire at age 65. They suspect this. It bothers them a little, but not enough to (1) use a calculator to find out if they have saved enough, and (2) save more. It is not enough to suspect that you have a problem. You should find out. You […]
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