Author: Peter Wechsler

Indicators That Preceded Past Downturns Are Flashing Now

So much for new market highs every other day…or so it seemed.  After the market rout on the last day of July, the Dow Jones Industrial Average was basically flat year to date with the S&P 500 up 4.4% as of the end of July. If you are a dedicated reader of these weekly columns,…
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August 8, 2014 0

When Should YOU Start Taking Social Security?

Many of my readers are already taking Social Security.  If that’s you and if you’ve been taking your benefit for over one year, you can probably go back to doing your crossword puzzle or maybe watering the plants.  For the rest of you…read on. I’ve been helping folks with retirement and income planning for over…
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July 24, 2014 0

The Crazy World of Medicare Part ‘D’ Drug Plans

Part ‘D’ Drug Plans have been known to provide plenty of aggravation and frustration for all those that attempt to navigate them. Consider the following… There are 34 Part ‘D’ Plans offered in Pennsylvania…all offering the same Prescription meds. They all have different premiums They may or may not have a deductible There are different…
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May 16, 2014 0

Caution: Do-It-Yourself Wills

By Jeremy A. Wechsler, Esq. Your Estate Planning Attorney Is it a good idea to write your own will? I always say, what you put into something is what you will get out of it. If you want a sound estate plan that protects your legacy, you need to work with a professional who has…
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April 15, 2014 0

Now that Tax-Day has passed, Where Does Your Money Go?

Now that tax-day is behind us, it might be a fun time to see where your Federal dollars went.  If you add up just the first five entries though veteran benefits, you will see that just about 80¢ of every dollar goes to Defense, Social Security, Health Care, Interest on the debt and Veterans Benefits.…
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April 15, 2014 0

Short Term Skilled Nursing Care Dilemma

~ Admitted vs. Observation ~ A recurring, expensive and very frustrating problem in the world of Medicare is the cost of skilled rehab after a hospital stay. What Medicare pays for is determined by how you are classified during your Hospital stay… “Admitted “or “Observation” Click here for a recent and very good article from…
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April 4, 2014 0

First Quarter Market Results Are In

Monday ended the first quarter, and the markets were pretty much flat since the first of the year.  The S&P was up less than 1% for the three months while the Dow was down 1.3%.  While the major averages didn’t move very much, for many, it sure felt like a roller coaster ride again.  Markets…
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April 3, 2014 0

Retirees Get Bitten by Pet Costs

This was the title of a column earlier this week in The Wall Street Journal.  While I’ve never had a pet other than a goldfish many years ago, many of my friends, family members and clients do have cats and dogs and some seem to devote their lives to their pets. As I read this…
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April 3, 2014 0

Are you on the IRS’s Audit Short List?

One of the five great lies, right up there with “I’ll still respect you in the morning” is this one: I’m from the government and I’m here to help you.  This ditty rings even more hollow when your friend from the government is an IRS auditor. Want to know if you are on the short…
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March 21, 2014 0

Corporate insiders ARE selling. Should you?

Who knows more about what is happening to a company than the executives of that company? The answer is, of course, no one. Given this thought, doesn’t it make sense to pay attention to whether this group of insiders are buying or selling their own company stock? You bet! For example, company executives were selling…
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March 20, 2014 0