What Warren Buffett Might Say about “When to take Social Security?”

Apr 15, 2015

Retirement, Social Security

4/15/2015 AZ Republic by Dr. Harold Wong Warren Buffett, for those who don’t know, has the nicknames such as “The Oracle of Omaha” or “The Stock Market King”. He owns over 80 companies, lock stock and barrel. He has owned household names such as Dairy Queen, See’s Candies, and Geico for decades. The Forbes 400 […]


Affording Retirement Travel

Feb 01, 2015

Baby Boomers & Money, Bonds, Retirement, Seniors & Money, Women & Money

If you’re like most people who think about retirement, you probably imagine traveling in your golden years. Before you browse Acapulco websites and whip out the credit card to buy your ticket, make sure your finances can handle your trip. First, don’t wait to fulfill your dream. Enjoy the items on your bucket list now […]


2 Helpful Tax Strategies: Solo 401(k) and Multi-Generational IRA

Dec 03, 2014

401k, Multi-Generational IRA, Retirement

If you’re like most taxpayers, you have no clue about the most effective tax strategies for these financial vehicles – especially if you lack access to expensive accountants and attorneys. Here’s some guidance. Here are two common situations and innovative solutions that might help. You are self-employed and want to save tax. You feel you […]


How to Optimize Social Security & Other Retirement Income: Part 2

Sep 26, 2014

CD, Private Pension, Retirement, Social Security

9/26/2014 AZ Republic by Dr. Harold Wong The previous article, “How to Optimize Social Security & Other Retirement Income”, was published 9/12/2014 in The AZ Republic and can be accessed on www.DrWongInvestorGuide.com. We will avoid using cost-of-living increases in SS benefits to simplify the article. Case Study 1: Joe and Mary are both age 66, […]


How to Optimize Social Security & Other Retirement Income

Sep 12, 2014

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

9/12/2014 AZ Republic by Dr. Harold Wong I recently flew to Kansas City and met Mason Morasch and one of the IPG actuaries, who shared some of their strategies on Social Security optimization. This article will use some of their research. We will avoid using cost-of-living increases in SS benefits to simplify the case studies. […]


When You Start Social Security Matters!

Jun 27, 2014

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

(6/27/14 corrected version 2 AZ Republic by Dr. Harold Wong) Let me cover the dramatic difference in taking SS at age 62 instead of 70. Waiting until age 70 really matters if you are married and both have long life expectancy. Your expected life expectancy is one of your key factors in deciding when to […]


What Retirement Future Will You Create With Your Big Wages?

Sep 07, 2013

Baby Boomers & Money, Bakken Oil Boom, Retirement

(Special to the 9/7/2013 AZ Republic by Dr. Harold Wong) This is the 5th in a series on Baby Boomers and their Retirement Future. On the July 21, 2013 flight to ND and the Bakken Oil Boom, I met a truck driver who moved from Mesa, AZ to ND. He told me he can earn […]


How Older Workers View Their Futures

Aug 17, 2013

Baby Boomers & Money, Real Estate, Retirement, Seniors & Money

(Special to the 8/17/2013 AZ Republic by Dr. Harold Wong) This is a 4th in a series on Baby Boomers. The housing crash started in 2006-2007.  The housing market is now recovering but house prices have not recovered to their peak. The stock market lost 54 percent from the high of October 9, 2007 to […]


Which Generations Can Afford to Retire?

Aug 03, 2013

Baby Boomers & Money, Retirement, Seniors & Money

(Special to the 8/3/2013 AZ Republic by Dr. Harold Wong) In May, 2013, the Pew Charitable Trusts released a major study, “Retirement Security Across Generations: Are Americans Prepared for Their Golden Years?” This report explores how the Great Recession affected the wealth and retirement security of five age groups: Depression Babies born between 1926-35 and […]