Tom’s Blog

How will next month’s inflation affect the 12-month rate?

I wrote a prior post on inflation, but I think the two graphs I have in this post more clearly display how monthly inflation affects annual inflation.

 

== Each month replaces a prior month ==

 

The annual change in inflation is the

How much does your suitcase weigh for two weeks of travel?

Patti and I leave for our trip to England next week. Over many years I’ve refined my list of what to wear on the plane and what to pack in my carry-on suitcase. This post shares my list. Lighter travel is better travel, and you

Have you completed your draft tax plan for 2022?

My tickler file (application) told me that this is the week for my first cut on my tax plan for 2022. I’m following my checklist that I provided in my blog post of January 28. The purpose of this post is to give you a

How does the IRS calculate your RMD percentage?

The IRS publishes a “Uniform Life Expectancy” table to use for the calculation of Required Minimum Distributions (RMDs) from your traditional IRAs. The inverse of the years shown for your age is your RMD percentage. That table applies to all us while we are alive,

Where might this year rank in returns?

I don’t need to tell you: stocks have nosedived. Bonds usually work as insurance, meaning their returns have averaged 27 percentage points better than stocks when stocks crater. Bonds clearly aren’t providing their historical value: they’ve nosedived, too, and are only 8 percentage points better

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