Patti and I are in Spain: Madrid now and then a walking tour of (bits of) Camino de Santiago. I’ve worked to get into walking shape. That’s a lot harder now that I’m older. We walked 16,000 steps in each of the last two days,

Inflation for March was less than half the rate of February. The most-widely reported measure, seasonally adjusted inflation, decreased very slightly in March; the last six months point to about 3.0% annual rate. Core inflation, the measure closest to the one the federal reserve favors,

I had coffee with my friend, Steve, on Wednesday. He said, “You’re going to have to talk to Jo Ann (his wife). She thinks the stock market is going to hell. You’ll have to reassure her.” I said, “Maybe we should wait six months.”

I received our tax reporting statement from Fidelity on Saturday, February 8. That’s the day Patti and I left for a week in Jamaica. I started and completed our returns on Sunday, February 16. The IRS deposited our refund on February 26. Ten days! This

The best time to convert traditional IRA shares to Roth is when stocks stink. You get more shares for the dollars you convert. I would not judge that stocks stink right now, but my FSKAX hit a high of about $170 per share in early

We got a breather on inflation. Inflation for February was half the rate for January. The most-widely reported measure, seasonally adjusted inflation, increased about 0.2% in January; the last six months point to about 3.6% annual rate. Core inflation, the measure closest to the one

Every January I track what happened to the $2,000 I contributed to my IRA many years ago. I contributed to my own IRA the first week of January for at least 20 years starting in 1980. I look back at my contributions to my IRA

January inflation for the measure the Federal Reserve favors was issued this morning. Since inflation is a hot topic in the news, I show the January data for three inflation measures: seasonally adjusted inflation, core inflation (excludes food and energy), and personal consumption expenditures (PCE)

I previously stated that you save A LOT in taxes if you delay taking Social Security (SS) and replace your SS benefit with a distribution from your traditional IRA. (See here.) You’re saving because the distribution that replaces SS is taxed at roughly 5%

I was hoping that January 2025 inflation would be low and replace a high inflation month of January 2024: this obviously was not the case. The most-widely reported measure, seasonally-adjusted inflation, increased nearly 0.5% in January; that’s about a 6% annual rate; it was the