"10 Reasons You Shouldn't Retire" – and Free Lunch Seminars Busted

Here is another good retirement advice article from U.S. News and World Report online. It’s called “10 Reasons You Shouldn’t Retire.” The author points out that even though it can be tempting to quit your day job and dream of days without the responsibility of a job, the benefits of staying in the workforce longer are “obvious and dramatic. The first few reasons on the list are ones you might not even think of right away: your health – and …

Free Lunch Monitor Report: From the Trenches

Len Bach and his wife are serious about fraud. Serious about making sure that it doesn’t happen to you, or anyone you know! Here’s a guest blog from Len about his experience as a Free Lunch Monitor: As longtime AARP Volunteers who make formal presentations on general investment fraud(s), getting involved in the Free Lunch Monitor (FLM) program was quite natural for my wife and me. We are also recent retirees concerned about protecting and growing our retirement savings that …

Ponzi Schemes

Recently we have heard about the biggest ponzi schemes in history. Bernard Madoff has become a household name but these types of scams have been happening for years. In fact, they are named after Charles Ponzi who envisioned and created a massive money making scheme in the early 1920s. Here’s how they work: Investors are lured with promises of unique opportunities producing high returns, and for awhile they may get those returns. But what they don’t know is that their …

Spotting A Scam

This is the first in a week-long series of posts here on Shaarp Session that will focus on scams. Everything from spotting a scam, to preventing scams in your community will be covered, and a ton of resources and information will be shared. Let us know what you think! It seems like every week offers and invitations to invest in a deal of a lifetime come knocking on our doors. During troubled economic times these offers become more tempting but …