Protect Your Money

Apr 27, 2016

Retirement

4/27/2016 AZ Republic by Dr. Harold Wong This is a turbulent time in the world of money. By mid-February, 2016, most U.S. stock market indices were down 10-16% from their all-time in May, 2015. The Dow-Jones Index closed on Friday, 4/24/2016 at 18,003.75, within 2% of the 52-week high on May 18, 2015, when the […]


The Retirement Rules of Money Have Changed

Mar 26, 2016

Retirement

3/26/2016 AZ Republic by Dr. Harold Wong This article covers long-held retirement rules of money that people have heard for decades. Unfortunately, these rules have drastically changed. The 10/5/3 rule: says that you can always average a 10% rate of return in stocks; 5% in bonds; and 3% in short-term cash. For the first 15 […]


How Single Women and Baby Boomer Couples Should Plan for Social Security & Other Retirement Income

Mar 16, 2016

Baby Boomers & Money, Retirement, Social Security, Women & Money

3/16/2016 AZ Republic by Dr. Harold Wong According to recent research (see, “How Social Security Strategies Affect Your Retirement”, May 23, 2014 AZ Republic by Dr. Harold Wong), the average Social Security check to retired workers in 2014 was $1,294 per month. Clearly, this is not enough to live on for a single woman. If […]


Warren Buffet & Common Sense Financial Strategies

Feb 03, 2016

Retirement

February 3, 2016 AZ Republic by Dr. Harold Wong Last year, Warren Buffett was ranked the 3rd wealthiest person in the world. He is known as the “Oracle of Omaha” or the “Stock Market King”. A huge key to his massive success is that he looks at the world of money and investing very differently […]


Common-Sense Ways to Maximizing Social Security & Other Retirement Income

Jan 05, 2016

Baby Boomers & Money, Retirement, Social Security

January 8, 2016 AZ Republic by Dr. Harold Wong For decades, many have underestimated the crucial importance of maximizing your Social Security and other retirement income. In 2014, the average Social Security (SS) retirement benefit was $1,294 per month. “Among elderly SS beneficiaries, 52 percent of married couples and 74 percent of unmarried persons receive […]


Proposed Social Security Restrictions Require Better Retirement Planning

Nov 04, 2015

Baby Boomers & Money, Retirement, ROTH IRA, Seniors & Money, Social Security, Wall Street

11/4/2015 AZ Republic by Dr. Harold Wong Hidden in the proposed U.S. Budget Bill are some provisions that can reduce the “file and suspend” and “restricted application” strategies. These strategies, estimated to be used by only 100,000 Social Security recipients, allowed married couples to get up to an extra $50-60,000 of total Social Security retirement […]


What Warren Buffett Might Tell Women & their Families

Oct 21, 2015

Retirement, Risk vs. Returns, Seniors & Money, Wall Street, Women & Money

10/21/2015 by Dr. Harold Wong Warren Buffett is known as “The Stock Market King”. He was recently ranked the 3rd wealthiest person in the world. He is known for many of his sayings about keys for success in investing and life: Be Frugal: “If you buy things you do not need, soon you will have […]


How Single Women and Baby Boomer Couples Should Plan for Social Security & Other Retirement Income

Sep 02, 2015

Baby Boomers & Money, Retirement, Seniors & Money, Social Security, Women & Money

9/2/2015 AZ Republic by Dr. Harold Wong According to recent research (see, “How Social Security Strategies Affect Your Retirement”, May 23, 2014 AZ Republic by Dr. Harold Wong), the average Social Security check to retired workers in 2014 was $1,294 per month. Clearly, this is not enough to live on for a single woman. If […]


Secrets to Maximize: Retirement Income with Social Security, and Asset Protection with the Rockefeller Trust

Jun 10, 2015

Baby Boomers & Money, Retirement, Seniors & Money, Social Security

6/10/2015 AZ Republic by Dr. Harold Wong John and Mary Jones are both age 66 and have worked their whole lives. They got lucky with some private company stock and are worth $21 million. What are some of the strategies they could consider? Maximize Social Security (SS) Retirement Benefits with the File and Suspend, Spousal, […]


Common Sense IRA and 401(k) Strategies

May 06, 2015

401k, Baby Boomers & Money, IRA, Retirement, ROTH IRA

5/6/2015 AZ Republic by Dr. Harold Wong For many, especially in the Baby Boomer generation, most of their financial assets are in their IRA or 401(k). Here are some strategies that can make a big difference for your retirement: Maximize your annual contribution to your IRA and get the full employer match to your 401(k). […]