Cobbled Together Financial Plans…
Life insurance wrote an interesting post today on
Here’s a quick excerpt
“Houston, we have a problem.” Apollo 13, 1995
Marion and John are faced with dire conditions;
~ the stock market is in turmoil and their portfolio is losing value
~ the housing market is roiling like a turbulent sea during a hurricane just when they are planning to move to a smaller place
~ the dollar is depreciating and their income is not increasing - at least not as rapidly
~ fuel prices are rising - the $15 fill-up of three years ago is now $45
~ the cost of almost everything they buy that depends on fuel for manufacture and delivery is rising too - food, clothing, automobiles, electricity for lighting and air conditioning, and gas for heat, and more.
Those who have wealth great enough to make them celebrities can weather the financial storms that are raging just because they have so much. The pundits that pander to every fashionable financial fad can talk to no end about [...]
Read the rest of this great post here