Independent thinking for complex markets and current events
Congress stays packed with people way past normal retirement age while the country deals with massive problems. They keep power and deliver nothing on key issues. The age gap makes the whole place feel out of touch and resistant to real change. About 25% of House and Senate voting members are 70+. House median age …
Great advice if you have a podcast, love doing it, and just have to show up. Not everyone loves their job enough to want to do it forever. — Dave W Plummer (@davepl1968) May 12, 2026
Order boosts access to 401k and IRA accounts for more workers.. President called participation numbers “incredible”.. Some wonder whether this quietly channels more household money into markets while easing long term pressure on government programs.. President Trump signed an EO on April 30 to launch TrumpIRA.gov in 2027. It utilizes the Saver’s Match (SECURE 2.0) …
Here are the main confirmed ones: Gen. Randy George — Army Chief of Staff (fired April 2026) Gen. David Hodne — Army Transformation Command Maj. Gen. William Green Jr. — Army Chief of Chaplains Gen. C.Q. Brown — former Joint Chiefs Chairman Adm. Lisa Franchetti — former Chief of Naval Operations Navy Secretary John Phelan …
By Peter Reagan If there is one thing that the CEO of the fifth largest bank in the world should know something about, it’s what is going on in the economy. Not the numbers in government reports that don’t connect to the reality that everyday Americans live in. Abstractions like GDP and consumer sentiment. What we’re interested in is …
While everyone is watching missiles flying across the Middle East and oil prices surging toward $100 a barrel, something extremely troubling is happening inside the financial system that directly affects retirement savings across the United States. A $33 billion private credit fund managed by Cliffwater just told investors they could not withdraw their money. Investors …
RECORD 401(k) WITHDRAWALS SIGNAL FINANCIAL STRAIN A record share of Americans are tapping retirement savings as financial pressure rises. In 2025, 6% of workers with plans run by Vanguard Group made hardship withdrawals—up from 4.8% in 2024 and about 2% pre-pandemic. The main… — First Squawk (@FirstSquawk) March 4, 2026 COLUMBUS, Wis., March 04, 2026 …
Officials in the Swiss canton of Zurich are backing a proposal that would mandate tolerance of so-called “assisted suicide” across retirement and nursing homes, according to reporting from Swissinfo. https://t.co/yBFqD95IID — “Sudden And Unexpected” (@toobaffled) February 15, 2026 Switzerland’s largest city is advancing a policy that would require hospitals and retirement homes to begin facilitating …
I know no one who owns 5, 10, 12 homes. Certainly not my parents. Nor I and my husband. This guy does not operate in reality. — Brenda Frost 🇺🇸🐮 (@BrendaFrost18) February 8, 2026
Rep. Neal Dunn (R-Fla.) is retiring, he announced Tuesday in a post on social media, becoming the latest House Republican to call it quits ahead of what is expected to be a punishing midterm election year for the party in power. The five-term member said in a statement that he was proud to fight for …
Sen. Cynthia Lummis, R-Wyo., announced Friday that she won’t seek re-election next year, saying that “I do not have six more years in me.” “Deciding not to run for re-election does represent a change of heart for me, but in the difficult, exhausting session weeks this fall I’ve come to accept that I do not …
The Congress during President Donald Trump’s final two years in office will look a lot different than the current one. House lawmakers are resigning from Congress at a record rate with 40 members — roughly 10% — passing on running for reelection in 2026. More lawmakers are expected to call it quits in the coming …
It won’t come as any surprise to learn that millions of Americans are trying to put money away for retirement, with varying degrees of success. Unfortunately, the number of people behind is shockingly high, putting millions at risk of not enjoying their retirement years. According to the Employee Benefit Research Institute, more than 50% of Americans have …
Living longer sounds like a blessing – until it quietly shifts into an expectation to work longer, too. Bill Gates says new Alzheimer’s tests could keep people on the job into their 90s. But most Americans already retire years early, and rarely by choice. What does that say about our economy – and what does …
BREAKING: Nyc fire commissioner to resign after Mamdani win. — Leading Report (@LeadingReport) November 5, 2025 After 37 years in NYC, George Santos says he’s leaving, blaming Mamdani’s victory: “I survived Blasio, Cuomo, Adams… now it’s time to go.” @MrSantosNY The Florida real estate market is already seeing a $100M+ surge as nervous New Yorkers …
Wealth and mortality in retirement have now been quantified. People making over $120,000 in retirement live an average of 9 years longer. pic.twitter.com/ucyskNPOgP — QE Infinity (@StealthQE4) October 8, 2025 Access to better healthcare is my guess. Better foods. Etc — QE Infinity (@StealthQE4) October 8, 2025
Germany isn’t reforming its pension system. It’s tearing it down. The plan to raise the retirement age to seventy-three isn’t a small policy tweak. It’s a public admission that the deal between the people and the state is over. Chancellor Friedrich Merz isn’t offering a future where people age with dignity. He’s offering a future …
“After months of denying it, the Trump Administration is finally admitting what we suspected all along. They are planning on raising the retirement age. For every year you raise the age, that is a 7 percent cut in benefits. As costs continue to rise, seniors living on fixed incomes are being hit the hardest. Five …
A significant share of Americans believe they may never retire, with 43 percent admitting they see themselves working until death, financial services company WalletHub said in a Sept. 2 survey. “50 percent of people don’t think it’s realistic for the average American to expect to retire comfortably,” WalletHub said. “These concerns aren’t unfounded, given the …
Trump signed the executive order. Bitcoin and crypto can now flow into 401(k)s. Trillions unlocked for retirement accounts. This is sold as innovation but could become the biggest risk shift in decades. “President Donald Trump officially signed a landmark executive order that would allow cryptocurrencies such as Bitcoin to be included in 401(k) retirement accounts.” …
JUST IN: Trump signs executive order Thursday to allow crypto, private equity, and alt assets in 401(k)s. “President Donald Trump will sign an executive order… directing the Labor Department to clear a path for cryptocurrency, private equity, and other alternative assets to be offered inside 401(k) retirement plans.”. https://www.theblock.co/post/365956/trump-executive-order-crypto-401k-plan.. https://twitter.com/Cointelegraph/status/1953399218749489614 No new liquidity enters. To …
Canada is so fucking fucked. Imagine calling someone's home a retirement plan. What the fuck is wrong with them https://t.co/4t7uXgjD2U — Darth Powell (@VladTheInflator) May 16, 2025
What happens when healthcare costs rise… but your safety net shrinks? Millions of retirees could face tough choices if Medicaid cuts move forward. Here’s what you need to know – and how to protect yourself… By Peter Reagan There’s an old saying that the only certain things in life are death and taxes, and while …
The average American needs $1.26 million to retire comfortably – but most have saved only a fraction of that. Inflation isn’t going away, Social Security won’t be enough, and the future will favor those who plan wisely – here’s how… By Peter Reagan Baby boomers may already be into their retirements, but Generation X isn’t …
In America today, a government worker can retire at age fifty and collect ninety percent of their base salary for life. This is not some rare fantasy. It is reality for many career federal, state, and local employees, especially those in law enforcement, fire departments, and political circles. Some do thirty years and walk away …
Investors have been making moves. Trading in 401(k) accounts recently surged to more than four times the usual level, signaling a wave of financial anxiety or strategic repositioning. This kind of activity doesn’t happen in a vacuum. It’s a response to uncertainty, shifting market conditions, or personal financial strains pushing people to rethink their retirement …
Why fix the problem when you can just make it someone else’s problem? pic.twitter.com/LTx21Lm35a — Politickle (@PolitickleNews) March 23, 2025
When saving for retirement, we all have a goal in mind. A magic number that means we can spend our golden years in comfort. Today, we explain why that magic number keeps going up – and why your own savings goal is almost certainly wrong… By Peter Reagan Question for you: Are you prepared for …
Are you ready for retirement? Probably not – and the younger you are, the less ready you are. That’s to be expected, of course – the younger you are, the more time you have to prepare. Unfortunately, there’s an often-overlooked complication that makes retirement much more challenging than you might think… By Peter Reagan “Are …
Retail investors in target retirement funds faced higher tax liabilities as a result, the SEC said Vanguard agreed to pay $106.4 million to the Securities and Exchange Commission Friday to settle charges for “misleading statements” connected to its target retirement funds that resulted in higher taxes for retail investors, the regulator said. Vanguard — one …