SINKHOLES IN YOUR PLAN

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NOVEMBER 2018 In the 1985 film Cocoon, alien life makes its way to earth and provides a way for residents in a retirement home in St. Petersburg, Florida to be rejuvenated and young again.  We have relentlessly warned our clients, listeners and readers over the years about the impending financial issues facing Social Security, pensions and retirement plans.  Unfortunately, we at Markowski Investments …

LONG TERM CARE…DON’T DOUBT ME!

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OCTOBER 2018 “Insurance is something you buy in case bad s__t happens.” Chris Rock Nobody wants to think about bad things happening to themselves or loved ones.  However, we are naïve and irresponsible to pretend that they cannot.  Having watched too many family members end up in elder care facilities and witnessing what that entails plus the costs involved; I am trying …

ANTIFRAGILE FINANCIAL PLAN

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OCTOBER 2018 A recent survey of American adults showed that two-thirds are quite concerned about having enough money saved for retirement by their desired retirement age based upon their current rate of savings. Americans have an average of $84,000 saved for retirement, and about a third have less than $5,000 socked away.   This is not surprising, nor is it good.  The solutions …

LIVE LONG AND PROSPER

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The Employee Benefit Research Institute has released its twenty-seventh annual Retirement Confidence Survey.  The findings from this survey coupled with some other disturbing headlines in regards to the perilous condition of our nation’s pension system have laid credence to all the anecdotal evidence that I have been yelling and screaming about on the show for almost two decades.  I would …

OBSOLETE

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There has been quite a bit of attention as of late in business publications and websites such as the Wall Street Journal, Bloomberg and CNBC in regards to our retirement funding crisis.  This crisis is being framed in the context of the failure of the various different vehicles people utilize to build up their proverbial nest eggs.  Whether it be …

RETIREMENT REALITY

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I have not seen many pie-in–the-sky retirement commercials as of late.  There used to be a bevy of advertisements that seemed as if they were pumped out by an advertising team comprised of Don Draper and Robin Leach.  They aided the big firms in painting the mental picture and selling the dream of…“Champagne wishes and caviar dreams” private islands, a …

SCORPION

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The column archives on my website is divided into four categories, the largest of which is Wall Street Fraud. I have written extensively about the nefarious conduct that is perpetrated all too often at the expense of the American investor. Our goal is ultimately to educate and warn people of whom they are dealing with and the reality is much …

LILLIPUTIANS ON STEROIDS

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onathan Swift modeled his classic novel Gulliver’s Travels to satirize life in his time. The Lilliputians and their Kingdom of Lilliput were a study of what life was like in England. In the novel, the Lilliputians were all of six inches in stature, however possessing all the haughty pretention and self-importance of full-sized men. Adjectives such as: ill tempered, two-faced, …