My husband and I were dreaming about what we would do if we won the recent $758 million Powerball jackpot. (We didn’t.) I told him he should keep working his federal government job so that we could hold on to the insurance into retirement. “I think with that much money we could afford our own policy,” he said.
Source: Here’s what health care will cost you in retirement
My Comments: Good piece from Michelle SIngletary from WAPO.
The uptake of index products has been widely hailed as an expression of investors’ preference for low-cost investments. And a quest to lower total portfolio costs and cut out higher-priced, underperforming funds may well be the main driver of the enormous asset flows into passively managed products: It hasn’t been lost on investors that most active funds, especially high-cost ones, don’t beat their cheap index counterparts after fees.
Source: Your Financial Life Is Complicated; Your Portfolio Shouldn’t Be
My Comments: Pretty good insights by Christine from Morning Star
In my last post, The coulda, shoulda, woulda behind every retirement story, I asked for comments. Who better than soon-to-be retirees and recent retirees to share lessons learned about preparing for retirement, right? (Exactly right.)
The record-setting number of comments we received was amazing, but the comments themselves are what truly blew me away.
Source: Straight from Vanguard retirees: 6 retirement-planning tips
My Comments: These are really good insights worth
A photographer of author James Baldwin
I underwent, during the summer that I became fourteen, a prolonged religious crisis. I use “religious” in the common, and arbitrary, sense, meaning that I then discovered God, His saints and angels, and His blazing Hell. And since I had been born in a Christian nation, I accepted this Deity as the only one. I supposed Him to exist only within the walls of a church—in fact, of our church—
Source: The New Yorker 1962
My Comments:
I came to realize how important and great this man was/is as I got older. I will endeavor to read as much of his work as I possibly can.
Next year will mark the 50-year anniversary of the Civil Rights Act of 1968, also known as the Fair Housing Act.
Our nation’s capital and, for many people, the physical representation of unity and freedom in the United States, Washington D.C. is also one of the most segregated cities in the United States. About one-quarter of the population is black, a relatively large share compared to both
Source: 16 Most Segregated Cities in America
My Comments:
A really eye opening piece of the legacy of racism in our beloved country.
