Dear Jonathan, I'm so very sorry to hear your news. I feel like you're a dear old friend since I've been reading your work for so many years. Reading through the comments, it is clear that a great many people feel the same as I do, and they have expressed their sentiments beautifully. I appreciate all you've taught me. I read your column in the WSJ and it formed my financial outlook: common sense, index funds, steady and effective. I'm now retired and secure, thanks to all your great advice. You generously shared your feelings and your outlook at this juncture. Thank you. Wishing you and your family peace. Many many thanks.
I love this idea. It's great to hear a creative idea to a thorny problem. Even if only a small fraction of the population takes advantage of this approach, it would ease the burden on Social Security, which would help all of society. As a grandparent it is appealing to think that I could substantially help my grandchildren with their retirement and help my country at the same time. I understand and accept the tradeoff: I contribute till the child is age 10; the money goes to the OASI trust fund if the child dies early; but the child could receive MORE than Social Security if they make it to age 65.
Comments
Good advice, as always, Jonathan. On #1 I agree with the focus on stocks. But isn't there a place for bonds in one's portfolio?
Post: Advice for the Kids
Link to comment from November 9, 2024
Dear Jonathan, I'm so very sorry to hear your news. I feel like you're a dear old friend since I've been reading your work for so many years. Reading through the comments, it is clear that a great many people feel the same as I do, and they have expressed their sentiments beautifully. I appreciate all you've taught me. I read your column in the WSJ and it formed my financial outlook: common sense, index funds, steady and effective. I'm now retired and secure, thanks to all your great advice. You generously shared your feelings and your outlook at this juncture. Thank you. Wishing you and your family peace. Many many thanks.
Post: The C Word
Link to comment from June 27, 2024
I love this idea. It's great to hear a creative idea to a thorny problem. Even if only a small fraction of the population takes advantage of this approach, it would ease the burden on Social Security, which would help all of society. As a grandparent it is appealing to think that I could substantially help my grandchildren with their retirement and help my country at the same time. I understand and accept the tradeoff: I contribute till the child is age 10; the money goes to the OASI trust fund if the child dies early; but the child could receive MORE than Social Security if they make it to age 65.
Post: Save for Tomorrow
Link to comment from November 13, 2021