Scott Burns

Scott Burns by Scott Burns

January 29, 2015

Worried About Rising Interest Rates? Consider a Ladder

Q: I am 70 years old and retired. I have seen many recommendations to shorten up on bond duration as a way to protect against rising interest rates. But with federally insured three-, four- and five-year certificate of deposit yields now at 1.5, 1.9 and 2.2 percent, wouldn't a simple CD ladder be a better choice? ... continue

January 25, 2015

Introducing the Disgruntled Retiree Index

Allow me to introduce a new economic indicator. It doesn't come from a government agency, nor is it the creation of a right- or left-leaning think tank. In a land of indices and measures, there is so little attention to this problem that I had to create the measure myself. I call it the Disgruntled... continue

January 22, 2015

Will Nursing Care Take All Your Money? Maybe Not

Q: I'd like your opinion for sheltering our money. I'm 67 and my wife is 62. I retired at 55; she retired at 50. We both have pensions that are adequate. I'm collecting Social Security. Our IRAs total $875,000 and we have yet to withdraw any money from them. In both local and high-interest checking, we have... continue

January 18, 2015

Unbundling Money Management

"Unbundling" is an interesting word. The first unbundling I ever heard about was the famous Carterfone decision. It forced the unbundling of phones from the original nationwide ATT phone service. After that decision, you could buy your phones from anyone who cared to produce them. Today we wonder... continue

More like Scott Burns