fbpx

The Current State of Affairs and Reflections 2022

Posted on Friday, 6th January 2023 by Dennis Damp

Share

Forward this to others that may find this information helpful. They can sign-up to receive my free Retirement Planning Newsletter. According to Gallup, three-quarters of Americans, including majorities of all party groups, are dissatisfied with the nation’s direction. The Current State of Affairs Many reading my column are seniors or those fast approaching that milestone. Everyone, […]

Tags: , , ,
Posted in

| Comments (0)

I-Savings Bond’s New Rate 6.89% & Treasury Bill Yields Update

Posted on Tuesday, 1st November 2022 by Dennis Damp

Share

This is a challenging time for investors with the country bordering on a recession with extreme market volatility. The Treasury still offers a safe haven for our cash with decent yields. Unfortunately, with the exception of the TSP G-Fund, private sector bonds funds were a disappointment this past year, falling anywhere from 5 to 20% […]

Tags: , , ,
Posted in

| Comments (0)

Fast & Furious – Where There’s Smoke There’s Fire

Posted on Friday, 23rd September 2022 by Dennis Damp

Share

According to estimates by the Administration, this country’s debt to Gross Domestic Product (GDP) soared to 137.2% in 2021, the highest in history! Skyrocketing Inflation is the end result of reckless spending and will disrupt the world economies for years to come.  All administrations have contributed to this travesty.     Retirees are first to […]

Tags: , , , , ,
Posted in

| Comments (0)

Surviving COVID and Annuity Calculator Update

Posted on Friday, 9th September 2022 by Dennis Damp

Share

The past eight days were certainly different than expected. By all reports, COVID for those vaccinated would have been mild to moderate. We received our first two shots early on and a booster about 8 months later. During a recent visit to our PCP, we were advised to hold off on another booster. I lost […]

Tags: , , ,
Posted in

| Comments (0)

Power to the People – PLEASE!

Posted on Saturday, 6th August 2022 by Dennis Damp

Share

Please forward this article to others that may find it informative. This past winter our gas and electric bills doubled from the previous year. Both companies confirmed that my usage was about the same year to year. Inflation has taken its toll and we simply can’t escape the spiraling costs of everything these days. Why […]

Tags: , , , ,
Posted in

| Comments (2)

FEHB Open Season for 2023 Plans– Higher Costs on the Horizon

Posted on Saturday, 16th July 2022 by Dennis Damp

Share

The 2022 FEHB Open Season will run from November 14, 2022 through December 12, 2022. Open Season starts every year on the Monday of the second full work week in November and ends on the Monday of the second full work week in December. OPM sent a FEHB Program Carrier Letter to all FEHB providers […]

Tags: ,
Posted in

| Comments (0)

I Bonds Yield 9.62% While the Sky is Falling!

Posted on Friday, 6th May 2022 by Dennis Damp

Share

Wild stock market swings and volatility in all sectors is causing investors to pause. Our retirement accounts are on the block and as inflation continues on its rampage, investors seek safe harbors to wait out the storm. Unfortunately, we are in for quite a ride. Our recent trip down south was an eyeopener every time […]

Posted in

| Comments (2)

The Continuing Story – Inflation Article Updates and Commentary

Posted on Friday, 11th March 2022 by Dennis Damp

Share

My previous article titled “Skyrocketing Inflation” had a broken link, the most clicked on link in the article. Here is the corrected link: How to Keep What You Worked a Lifetime Accumulating (Updated)   Typically, I focus on issues that impact those planning retirement and annuitants alike. The common thread reflects my personal experiences and […]

Tags: , ,
Posted in

| Comments (0)

Terms Of Use