R Quinn

Comments

• ROTH accounts started in 1998, that’s 28 years ago. What I can’t understand is why is there so much ROTH conversion going on. Why wasn’t ROTH the first choice for saving for the last 28 years? I must be missing something?

  Post: Something to Think About

  Link to comment from March 24, 2026

• I didn’t know that.

  Post: Where are the ladies?

  Link to comment from March 24, 2026

• It is too complex, too many variables and IMO unnecessary to be that way. I find Part D particularly unfair as it requires people to anticipate what new medication they make take after enrolling to determine the best coverage. What a system.

  Post: Focus on the real healthcare financial risk in post age 65 retirement

  Link to comment from March 24, 2026

• Sorry to hear that. LTC is indeed an outlier. We purchased LTC insurance nearly forty years ago. I added it as an employer group benefit. Premiums escalated considerably a few years back, but have been stable in recent years. Our coverage would pay about half of what you are spending. Still a major expense.

  Post: Focus on the real healthcare financial risk in post age 65 retirement

  Link to comment from March 24, 2026

• you're right, it was a typo, thanks for catching it

  Post: Focus on the real healthcare financial risk in post age 65 retirement

  Link to comment from March 24, 2026

• Very true

  Post: Retirement in America is not a pretty picture…and not getting better.

  Link to comment from March 23, 2026

• But hasn’t every major change done the same, personal computers for example, cell phones, big box stores. I used to use an accountant to do taxes. For the last several years I use TurboTax. Do you remember Tom Mcann shoes with stores all over the country? They went out of business mostly because people stopped wearing proper shoes in favor of sneakers and casual attire.

  Post: My Window is Open – Come In

  Link to comment from March 23, 2026

• Can’t argue with your philosophy, but let’s remember all you list are things that occur all the time. None of it is uncommon and in fact, there are many times when it has been a lot worse.1973-75, 1981-82, 2007-2009 and of course 2020-21 COVID. All in all, does 2021 compare with any of those periods … yet?

  Post: My Window is Open – Come In

  Link to comment from March 22, 2026

• You are talking about the actions of individuals committing fraud and other illegal acts. And there were consequences not only to the individuals, but the shareholders as well. I see those instances quite differently than a broad condemnation of corporate greed.

  Post: Retirement in America is not a pretty picture…and not getting better.

  Link to comment from March 22, 2026

• The huge salaries are not significant because what is called pay in reality total compensation 60% or more of which is stock not cash. Take the pay of a CEO and divide it by the number of employees and see the impact. Millions of average Americans have IRAs 401k, etc. their investments are relative to their incomes and the performance of their investments are even more important than the wealthy. While only 15% or so of workers in the private section have a pension far more retirees do as do nearly 90% of government workers. They all depend on stock market performance. Also, all those 529 plans out there. Around 17.4 million accounts with $588 billion in assets. Also dependent on stock performance. I doubt they are mostly held by the top 1%. The corporate tax breaks are designed to promote investment and other growth strategies. Needless to say profits and growth are what keep people employed. Corporate America is not the enemy.

  Post: Retirement in America is not a pretty picture…and not getting better.

  Link to comment from March 21, 2026