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September 25, 2016 / 22 Elul, 5776

Posts Tagged ‘retirement’

How Much Money Should You Save For Retirement?

Friday, September 2nd, 2016

How much money do you need to save for retirement? Labor economist Teresa Ghilarducci, author of “How to Retire With Enough Money: And How to Know What Enough Is,” explains how to make this decision, based both on rules of thumb and your personal situation. Find out how to avoid the most common mistakes that people make when planning for retirement.

Doug Goldstein, CFP®, talks about withdrawing from your retirement savings. Learn about the adverse results of not taking “required minimum distributions” on today’s show.
The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes and contact details of the guest, go to www.GoldsteinOnGelt.com

Doug Goldstein, CFP®

How to Prepare for a Happy Retirement

Monday, August 29th, 2016

Planning for a happy retirement is not only a question of money. There are other factors to consider. Wes Moss, financial planner, podcaster, and author of You Can Retire Sooner Than You Think, talks about what makes a happy retirement. Retirement is not only about leaving the daily grind of going to work — it should be a time for doing what you have always dreamed of, but were unable to do during your working years. A happy retirement takes into consideration factors other than the size of your bank account. Listen to find out what else you need for an enjoyable retirement.

Have you recently received a letter from your U.S. brokerage firm asking you to transfer out your account? What should you do? Douglas Goldstein, CFP®, of Profile Investment Services, Ltd. explains the steps you can take if you need to end your existing brokerage relationship. Don’t miss the free download of a toolkit that can guide you through the process of managing your U.S. accounts from overseas.

The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes and contact details of the guest, go to www.GoldsteinOnGelt.com

Doug Goldstein, CFP®

Is There a Secret to Successful Early Retirement?

Tuesday, July 26th, 2016

Thinking of early retirement?

Darrow Kirkpatrick, author of Retiring Sooner, shares how he retired early (age 50) and discusses the investing strategies to make early retirement possible.

Find out how to estimate how much money you’ll need in retirement.
If you retire early, consider when your pension payments will begin. Should you apply to claim Social Security early (age 62) or wait until you later (age 70), when the benefits are greater?
Listen to the show to find out more about Social Security, spousal benefits, and outside pensions.

The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes and contact details of the guest, go to www.GoldsteinOnGelt.com

Doug Goldstein, CFP®

How to Invest for Retirement in a Low-Interest Rate Environment

Thursday, June 2nd, 2016

How can you invest for retirement in a low-interest rate environment? One answer is to invest in bonds. Learn why many retirees choose to invest in bonds, what the risks are, and how to buy them.

Investing in a bond fund can help diversify your portfolio. This week’s Goldstein on Gelt podcast gives a link for a video about bond laddering and an article that explains how bond funds can increase your portfolio’s diversification.

Professor Burton G. Malkiel of Princeton University, bestselling author of A Random Walk Down Wall Street, takes the idea of investing at low risk further. He recommends three tools that may help you to invest for retirement in today’s low-interest environment and shares his predictions for inflation and interest rates.

The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes and contact details of the guest, go to www.GoldsteinOnGelt.com

Doug Goldstein, CFP®

Bank Leumi to Cut 10 Percent of Work Force

Wednesday, May 25th, 2016

Bank Leumi plans to cut at least 10 percent of its work force, according to the draft of a five-year plan presented this week to the Bank of Israel.

In the first year of the bank’s reorganization plan, more than a thousand workers are to be laid off, according to Israel Radio.

Approximately 100 employees per year will be laid off in the next four years, most of whom will be those who are ready to retire.

Bank Leumi is one of the largest banks in Israel.

Hana Levi Julian

How to Plan for Retirement When Interest Rates Are Low

Sunday, May 15th, 2016

How do interest rates affect the way you plan for retirement?

Dan Moisand CFP® explains how interest rates affect retirement planning. He also discusses the best way to withdraw money from retirement plans (including IRAs) without incurring any penalties, and the circumstances in which you may end up paying an extra 10 percent.

How do retiring to Israel and making aliya affect your finances? Will you still have to pay U.S. taxes, and will you still be able to maintain your American retirement and investment accounts?

Listen to today’s show to get access to an article that answers these questions. Also, find out how you can take Doug’s upcoming course on investing for free.

The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes and contact details of the guest, go to www.GoldsteinOnGelt.com

Doug Goldstein, CFP®

Thank you, Jewish Press Readers

Wednesday, December 30th, 2015

This is the first time, and as of now the last time, that I ever have written a farewell message when leaving a newspaper or website.

I never felt the need to do so, for whatever reason, whether it be age, ambition or simply the assumption that The JewishPress.com really is the last venue for which I will write news.

I thank the staff and management of The JewishPress.com for the opportunity and freedom to present the news in my perspective.

I thank them, as well as the readers, for having put up with my horrendous typos, and there is a lesson here from which others perhaps can learn.

I grew up with a typewriter, if anyone remembers there was such a thing. I taught myself how to type when I was in elementary school. In the eighth grade, we had a typing class, if you can believe there was such a thing. Forty-plus boys and girls sat in a huge room and clattered away at the typewriters while learning “touch typing.”

I sat in the back of the class and since I was already used to my own hunt and peck system, I faked it and did not learn how to type with my fingers on the buttons and my eyes on the page.

The articles I wrote at my first job as a cub reporter were good reportage but a nightmare for the copy editor. I may hold the world record for the faster number of typos per minute.

It has haunted me until this day.

I use Word’s auto-spell feature and created a bit of shorthand. For example, I plug in “wh” to automatically be written as White House, which is fine so long as I don’t forget the “o” when writing “who” and ending up with a sentence like, “The Prime Minister, White House is visiting Europe today, said such and such.”

Even worse, I plug in “bo” for “President Barack Obama” but if I mistype “boy,” the sentence might read, “Israeli-born film star Natalie Portman gave birth to a President Barack Obama.”

The lesson here is never to cheat or to try to pull a fast one, because it will slap back at you, one way or the other.

Another lesson learned from journalism, and this could be true for any career, is to beware of occupational hazards. I have written several times that the politically correct anti-Zionism press is nothing new, but it can brainwash even the most experienced journalist.

In 1981, when I was earning a big dollar as a senior copy editor at a major Canadian newspaper and deciding what the reader would read and would not read, I ripped off the UPI copy on the Peace for the Galilee campaign, now known as the First Lebanon War.

At the time, I had traded Judaism for journalism as the way to truth and had divorced myself from any religious observance. Zionism never was part of me because as a religious Jew when growing up, I couldn’t accept the idea of Israel as a Jewish, but not religious country.

Good journalism and the eternal spark within a Jew made me read between the lines of the reportage on the war. Every day, UPI reported that Israel was “invading” and “attacking” Lebanon and killing “freedom fighters.” Somewhere towards the bottom of the copy, there was a notation that the “freedom fighters” had rained rockets down on Israel.

It suddenly became clear to me that journalism was a lie, and thanks to UPI, I began the long and winding road back to Judaism and eventually to Israel, where I have tried to counter the PC media.

Another occupational hazard of being a journalist is sneering at everything, and I apologize to readers for having made hateful remarks about Reform Jews. I only can grudgingly apologize for the same kind of remarks about Reform Judaism, as it is mistakenly called, but I cannot escape the fact that such comments implicitly degrade Reform Jews and have little constructive purpose.

Unfortunately, the “Who is a Jew” question highly complicates the issue for Orthodox Jewish journalists. On the one hand, we need to reach out to every Jew, and who, better than I, knows the need to do so?

On the other hand, Jewish law – which means Orthodox Jewish law – cannot tolerate a Fifth Column that throughout history has been a danger to our souls and continuity.

On the issue of Jews living in the Diaspora, I have unfairly judged those who do not make Aliyah. It took me 39 years to come to my own conclusion that if Israel is the Jewish home, and if I am Jewish, then I am not at home outside of Israel.

I have nothing against the United States and certainly do not want to “spit in the well from which I drank.” However, the fact is folks, while the sun is setting on the American empire, Israel is a happy and spiritually healthy happy home. You can look at the negatives or at the positives, just as you can in the United States or elsewhere.

It is a matter of will and faith and not a matter of reason.

I no longer sneer at those who do not make Aliyah today – it took me 39 years – but Israel is home.

HaShem has protected me and given me a wonderful life at home.

The future of Israel is good. The country is vibrant and bubbling over with controversy, the same kind of positive energy, as recorded in discussions in the Talmud, that has kept Judaism alive and growing.

Our divisiveness is what keeps us together.

I am not dispensing advice to people who already are married and have children. I am offering advice to young people. The earlier you come to Israel, the longer you will be at home.

Thanks for reading.


Tzvi Ben-Gedalyahu

Tzvi Ben-Gedalyahu

Printed from: http://www.jewishpress.com/indepth/first-person/thank-you-jewish-press-readers/2015/12/30/

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