BACK IN 2010, at the Berkshire Hathaway annual meeting, a shareholder challenged Warren Buffett. Noting that shares of motorcycle maker Harley-Davidson had nearly tripled over the prior year, he asked Buffett why he had chosen to buy the company’s bonds rather than its stock. Buffett’s reply was a two-minute masterclass in how to think about investments. It’s worth walking through it point by point.
To start, Buffett acknowledged that hindsight can be cruel.

Have you ever watched a small, entirely avoidable expense reveal itself as a window into how modern spending actually works? I recently received a masterclass, courtesy of a Nerf gun, a glass light shade, and my own stubborn refusal to just buy a new kitchen fixture.
It started on New Year’s Eve, or early New Year’s Day, to be precise. Two of the twenty-something guests had discovered my grandkids’ Nerf gun stash and declared war. Being the mature,

Medicare is starting a program called the GLP1 Bridge program.
The basics of the program are:
1) This is available to Medicare recipients but is a special program not associated with your drug plan.
2) Begins 7/1 and runs through 12/31/27, with no details at this time as to what will occur after the scheduled end date.
3) $50 copayment is for all four levels of dosages (some other programs only cover the starting dosage then the copayments sky rocket).

Jonathan’s book, Money and Me, will be available on Amazon on May 26, with preorders open now.   (Click here to preorder.)
The book includes Jonathan’s reflections after his cancer diagnosis, along with his lifelong insights on money, financial management and living wisely.
Jonathan is missed by many. One meaningful way to honor him is by buying his book, and sharing it with those seeking financial freedom.
If for some reason the above link doesn’t work,

Every evening Connie and I watch a few game shows, old ones. Sometime during the show the host asks the player “what will you do with the money if you win.” Sometimes there is group of players. 
Invariably the answer is something like…I always wanted to go bird watching in the Amazon, I’m buying a new motorcycle. Taking the entire family to Europe is high on the list as is buying a dream car. I’m  saving for a new tattoo.

By the early 2000s, our business was heavily tied to the hotel industry, though over time we had added apartment complexes and office buildings to our customer base. When 9/11 happened, we suddenly felt exposed. Travel slowed, hotels struggled, and uncertainty was everywhere.
Then something unexpected happened. The Vice President of Operations for a major hotel brand called me personally and said, “Don’t panic. We’ll get through this.”
And somehow, we did.
My divorce became final in 2004.

In the spring of 1985, at age 16, I got a work permit and landed a job scooping ice cream at $3.60 an hour—slightly more than the state’s $3.35 minimum wage.
Before then, I brought in cash by mowing lawns, cleaning rain gutters, and selling the Sunday papers (yes, Los Angeles had two major dailies back then). But with a car and college on the horizon, I wanted a stable income.
I kept my job search within walking distance of home,

Over the past few years of retirement, I’ve discovered that writing a book is one of those pursuits that sounds serene from a distance—like a person sitting at a desk with a cup of tea and a head full of ideas—but in practice feels more like a long hike with stretches of beauty, stretches of slog, and the occasional moment where you wonder why you ever left the house.
I’m curious how many others here have taken on a writing project in retirement,

RENT, n. 1. A regular payment made by a tenant to a landlord for the use of property. 2. An amount of money earned that exceeds that which is economically or socially necessary.
When I became of age, after becoming thoroughly familiar with the legal drinking age in New York state, I quickly became familiar with the first definition. A decade later after obtaining an MBA, I then became familiar with the second,

I filled up the gas tank this morning and the total was over $81. I drive a 4-Cylinder Chevy Camaro. Chevy recommends premium fuel – I use the mid-grade.
Still, that’s a record for me. So, I started to reflect…
When I turned 16 in 1973 I applied for a job at a gas station/car wash. It was owned by my best friend’s dad. I hired in at $1.25 an hour. which bumped up to $1.40 after the first 40 hours.

My husband and I are embarking on an effort to identify a small home to purchase nearby so his adopted Latvian daughter (my stepdaughter) may begin living independently at 33 years old. She has permanent cognitive disabilities that impact her attention and executive functioning but she has learned how to drive and remains gainfully employed part time.
We set her up with an ABLE account via ABLE United here in Florida so that she can work and save beyond the Social Security Supplemental Security Income (SSI) cap of $2,000 in assets.

My almost 47 year old daughter is getting divorced from her 49 year old retired military  husband. He wants her to drop the Survivor Benefit Plan which costs close to $400 monthly and he will get a 15 or 20 year term insurance policy for $500,000 for her benefit. She has been a stay- at- home mom so her career prospects are unclear.  My concern is she could end up at 62 or 67 without the insurance or survivor benefits. 

For people retiring before age 65, obtaining health insurance is often a major concern.
The near automatic choice for many people is COBRA which allows them to keep their current coverage for a period of time. Generally 18 months if you lose your job or employer coverage. Other situations extend coverage longer or until Medicare eligibility and a few states also extend the 18 months for insured plans. Not all employers use insured plans and thus are not state regulated. 

During my days running union meetings, there was a thing called “for the good and welfare of the members”. Today’s post is about the good and welfare of HumbleDrivers.
In the past few weeks, two of my retired friends have complained that the ‘blind spot’ warning device on their new cars was useless. Both said that the yellow warning light on their side view mirror did not illuminate until a vehicle was approximately at their rear bumper.

I recently completed my 8th season performing volunteer tax returns. I’ve worked in 2 states (Pa and NJ), 3 counties, and 7 centers. All but one year was performed under the auspices of the AARP TaxAide program. In several years I also worked for a local program supporting the Division of Aging and Disability in Cape May County, NJ.
This year’s location was at a local library in Monmouth County, NJ. The center was open 3 days a week.