www.MoneyConcepts.com/RMoritz ~ Financial Planning & Wealth Management

The “Pink Slip” Blues



The Six Things You Should Know





According to the Bureau of Labor Statistics, the number of unemployed in July was 9.4%. Since the start of the recession in December of 2007, the number of unemployed people has skyrocketed to 6.7 million. Most economists believe that the recession is coming to an end. Despite this good news, economists believe that the unemployment rate will… Continue

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If you'd been thinking about taking advantage of this program, I'd free up today and tomorrow.



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Robert J. Moritz,… Continue

The mass Baby Boomer retirement anticipated over the next 20-30 years is expected to create an overall U.S. labor shortage of 35 million workers. That’s potentially good news for future retirees who either want to work or need to work due to the recent investment downturn.

A recent study by Hewitt Associates showed that out of 140 mid-size and large employers, 55 percent already had evaluated the impact that potential retirements could have on their organization, and 61 percent have… Continue

On June 10, 2009, Fidelity Investments announced the results of their second Couples Retirement Study. They found that only 15% of couples had confidence in each other’s ability to manage finances. Why is this so hard?



Successful money management is not easy. There are four major obstacles to financial success. First, is a lack of education. Second, is the volatility of the market itself. Third, is our own human nature and fourth is a system that seems to foster distrust. Let’s look… Continue

From the Indiana Partnership Long Term Care website June 22, 2009:



Good News – We Are Living Longer

Bad News – We Are Living Longer

7 out of 10 individuals will need Home Health Care some time during their lives.

Currently, 40% of those using long term care services in the U.S. are between the ages of 18 and 64.

Overall, individuals living over the age of 65 will have a 60-70% chance of needing some type of long term care service.





The average cost… Continue