Bonanza! The 2015 1.7% Social Security COLA

Shrinking Government Entitlements

Seniors on Social Security are no doubt celebrating after learning that, come January 2015, their payouts will go up a whopping 1.7%. By federal law, these Cost-of-Living-Adjustments (COLA) link to the inflation rate of the Wages Consumer Price Index (CPI-W). In 1975, when Social Security disbursed the first COLA, recipients […] Read more »

The New Normal, Resilience, Reinspirement

Welcome to the New Normal

If you believe that the Great Recession of 2008 is a thing of the past, you have taken as gospel truth the September 9, 2009 CNN report telling the world that a group of economists had agreed the recession officially ended June, 2009. So which is it? A recent official […] Read more »

Will Baby Boomers Be Able to Stay in Their Homes?

Money is not worth the paper it is printed on.

Another of the complex issues facing the Baby-Boomer generation has to do with the affordability of housing. Many continue to make monthly mortgage payments, while some, who planned well, paid off their mortgage and pay only property tax. Still, the research on housing and the Boomer population is concerning. By […] Read more »

New Bubble Rising – Sub-Prime Auto Loans

Subprime Loans

The economic meltdown in America that began in the fall of 2007 went sideways in a series of domino-like events. Before the crash, word on the street spread quickly as a real-estate buying frenzy took flight; the mantra “Get it while you can” went viral, and those who otherwise would […] Read more »