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 […]


What Warren Buffett Might Say About Taxes

Oct 14, 2015

Baby Boomers & Money, Income Tax, ROTH IRA, Wall Street

10/14/2015 AZ Republic by Dr. Harold Wong Warren Buffett is known as the Greatest Stock Market Investor of the last 5 decades. In 2015, he was ranked by Forbes Magazine as the 3rd wealthiest person in the world. He is known for many wise sayings about investments; the world of money; and life. His #1 […]


Retirement Planning for Success

Mar 27, 2015

Seniors & Money, Social Security, Wall Street

3/27/2015 AZ Republic by Dr. Harold Wong Retirement is not what most people in American think about until they hit 50. Then, many panic as they realize they have not saved enough. Several years ago, I wrote an article, citing a study that surveyed families whose total household joint income was between $50-100,000 annually. Of […]


When to Switch from Offense to Defense with Your Investments

Jul 25, 2014

Baby Boomers & Money, Seniors & Money, Wall Street

(7/25/2014 AZ Republic by Dr. Harold Wong) Typically, Wall Street financial advisors concentrate on offense and are always talking about how much money you might make on the upside. They rarely stress the downside. In contrast Warren Buffett’s Number 1 Rule is “Don’t Lose Money!” His Number 2 Rule is “Don’t Forget Rule Number 1!” […]


Trust Your Future to Today’s Stock Market?

Aug 09, 2012

Wall Street

(8/15/2012 AZ Republic by Dr.  Harold Wong) Some recent developments had troubled investors. “Stocks will no longer generate the kinds of returns they’ve had over the past century, ending the “cult of equity” that has been Wall Street’s mantra for generations, Bill Gross, managing director at bond giant Pimco, says in his monthly market analysis.” […]


Greatest Generation, Baby Boomers, and Generation X

Jul 18, 2012

Baby Boomers & Money, IRA, Multi-Generational IRA, Risk vs. Returns, Seniors & Money, Uncategorized, Wall Street

(July 18, 2012 AZ Republic by Dr. Harold Wong) This article will cover the differences of 3 generations. In my office, I see many grandparents, who often have very different values from their kids and grandkids. These value differences are perplexing to the grandparents who are deciding what to do with their life savings. The […]


Baby Boomers: A Time for Financial Reflection!

Jul 04, 2012

Baby Boomers & Money, Real Estate, Risk vs. Returns, Seniors & Money, Uncategorized, Wall Street

(Special to the 7/4/2012 AZ Republic by Dr. Harold Wong) This article is published on July 4, 2012, America’s Independence Day. Today, many Baby Boomers face major unemployment, decreased home values, and an uncertain stock market. I will assume that the Baby Boomer is 50 years old in the following examples. Here are some major […]


Simple Planning Guide for Roth & MGIRA Strategies!

May 16, 2012

Annuities, Baby Boomers & Money, Income Tax, IRA, Multi-Generational IRA, Risk vs. Returns, ROTH IRA, Seniors & Money, Uncategorized, Wall Street

(Special to the 5/16/12 AZ Republic by Dr. Harold Wong) The previous 5 articles have been a series on Roth and Multi-Generational IRA (MGIRA) strategies. This article will summarize these strategies and hopefully become a simple planning guide. Issue 1: Why would I Consider the Roth IRA Conversion? You do this because you do not […]


Biggest Financial Regrets of Seniors & Older Baby Boomers

Apr 04, 2012

401k, Annuities, Avoiding Investor Scams, Baby Boomers & Money, IRA, Multi-Generational IRA, Seniors & Money, Uncategorized, Wall Street

(Special to the 4/4/2012 AZ Republic by Dr. Harold Wong) The previous article, “Multi-Generational IRA Can Leave Heirs a Lifetime Income”, published 3/21/12, has generated a lot of response from readers and attendees at my recent seminars. The Multi-Generational IRA (MGIRA) is a strategy that can multiply income 2-5 times for kids and grandkids. When […]