Green Retirement Blog

The Social Security Administration announced that in 2009, retirees will receive the largest cost of living adjustment in the last 25 years, Social Security checks will be going up by 5.8 percent starting January.  For the average Social Security recipient, receiving a check of $1153 per month, the increase represents a $63 per month increase.
The […]

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Everyone is by now, very painfully aware, that world stock markets are crashing.  There is a tremendous amount of fear, and near panic, from Beijing to Moscow, London, Paris, Frankfurt, Dubai, Mumbai and Washington.  Hardly a corner of the planet exists, that is not feeling the effects, of a world economic meltdown.   What is […]

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Wow!  Amazing 11% stock market rally in both the Dow and Nasdaq, on Monday, October 13, 2008, has many people breathing huge sighs of relief.  Did we hit bottom? Only delay another bigger stock market crash in the future?  Will the world have a recession or a depression?  It all depends.
It all depends on the […]

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Privatizing Social Security
In the second presidential debate, between Barack Obama and John McCain, the Arizona Senator all but promised to raid Social Security if elected.  If you think that the Bush bailout was nothing more than a raid on the Treasury, by Wall Street bankers, just wait until a McCain administration gives Wall Street Bankers […]

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A new survey by AARP has found that 60% of Americans have decided to delay their retirement plans.  The number of Americans delaying their retirements has more than doubled, from earlier this year, when AARP conducted a similiar survey. I have written extensively on the reasons why delaying retirement may not be the wisest choice.
The […]

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The economic decline of the last 15 months, has resulted in a staggering $2 Trillion loss to American retirement accounts, according to the head of the Congressional Budget Office Peter Orszag  Public and private pension funds, and retirement savings accounts such as 401(k)’s and IRA’s,  have lost some 20 percent in value  since mid-2007.
And the […]

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Everybody loses when the economy collapses, right? Wrong.  There are definite winners in an economic collapse, and if you position yourself correctly, you can take advantage of the downturn.  But first, before we get too excited about how we can benefit from general misery and suffering, make sure you are not one of the losers.  […]

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No Wall Street Bailout, without re-regulation, it is not a matter of justice but of confidence.  If the U.S. Government bails out their Wall Street buddies, without re-instituting the market regulations that have been stripped away by both Democrats and Republicans, American and International investors will not have the confidence to invest in the United […]

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 Too Big To Fail
To those of you who believe that the U.S. economy is going to collapse, you’re right, it should, if the U.S. were any other country it would, but it is not going to happen.  The reason? America is too big to fail.  America, no matter how corrupt it’s financial markets are, or […]

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Speaking via satellite to an AARP gathering this past Saturday, both presidential contenders Barack Obama and John McCain, addressed the issue of retirement. The nominees agreed that Social Security needs to be strengthened and protected.  Obama presented to the group, his proposals on Social Security and Medicare reform, while McCain promised to set-up a bi-partisan […]

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