Miller on the Money

I gave myself a wake-up call. Our recent article “Thinking About Retiring? Better Think It Through!” was a jolt for sure. For decades the mantra was save money and grow your wealth. We banked on the “rule of 72”. When the accumulated interest equals 72, you would double your money. Earn 6%, in 12 years you will double your money, […]

A friend recently asked me, “How is anyone going to be able to retire?” Since 2008, the retirement landscape has changed radically. This Atlantic article, How Retirement Was Invented provides some history: “In the United States, starting in the mid-1800s, certain municipal employees…started receiving public pensions…. By the 1920s, a variety of American industries…were promising their workers some sort of […]

I grabbed the clicker; “Turn off the damn TV!” No, I didn’t turn off hyped political commentary; it was the Weather Channel. They blared; millions of people were going to “suffer” from the current heatwave. The next headline, “US could set disaster record this year”, followed by 3 minutes of videos of every kind of natural disaster imaginable. They also […]