Quite a number of seniors have approached me recently expressing anxiety about Donald Trump’s becoming the President-elect. Besides their fears about a second burst of inflation due to threatened higher tariffs as well as the existential threat to U.S. democratic norms and institutions based on his past actions, probably the number one concern involves Social…
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For some, the end-of-year holidays engender thoughts of helping those less fortunate. For others, it’s a time to develop strategies to save on taxes. Charitable giving allows you to achieve both goals. However, what if you would like to help but don’t yet know to which charities you would like to contribute? One of the…
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Tesla shareholders recently voted to support a pay package worth $46 billion that the company board of directors had offered to chief executive officer Elon Musk last year. While that particular deal is orders of magnitude beyond any other pay package on the planet, the compensation that many big companies provide to their CEOs –…
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Daniel Kahneman (Danny to his friends) passed away last month at the age of 90. He was a psychologist and researcher who applied psychology to economic analysis with his close friend and collaborator Amos Tversky. The resultant field of behavioral economics has grown over the years to become an integral part of good financial planning.…
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The U.S. Justice Department recently released the 2022 FBI Elder Fraud Report. It does not make for enjoyable reading. There were almost 90,000 victims of fraud over the age of 60 last year. And they lost in aggregate over $3.1 billion, an increase of 84% over 2021. What are some of the biggest scams and…
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