Dr. Harold Wong's Book

Order Your Copy of Dr. Wong's Book Today!

To Order Your Copy

Email Susan at susan@drharoldwong.com

Or Call Susan at 602-828-1177

Works Written by Dr. Wong

Strategies for Combating the Impact of Inflation

In 2022, the US inflation rate hit the highest since 1981. According to U.S. Labor Department data published on 10/13/2022, the annual inflation rate was 8.2% for the 12 months ending in September, 2022, after rising 8.3% the previous month.

How High Inflation & Higher Interest Rates Affect You

During the last 18 months, the US inflation rate has steadily increased and is at a 40-year high. The Federal Reserve Bank has two missions: fight inflation and promote full employment. These 2 missions are now in conflict. The Fed’s main tool to fight inflation is raising interest rates.

What the Inflation Reduction Act Means for You

The Inflation Reduction Act (IRA) was recently passed and signed by President Joe Biden on 8/16/2022. According to Wikipedia, these are the main parts. The first is allowing Medicare to negotiate prices with drugmakers and limit out-of-pocket expenses to seniors on Medicare to $2,000 per year.

Understanding Errors in Retirement Planning

Over the decades, millions of Americans have made major errors in their investment, tax, and retirement planning decisions by not understanding advanced math. I will cover two examples now, including common myths.

How To Protect Yourself From Stock Market Downturn

On 6/13/2022, a CNBC article by Samantha Subin and Fred Imbert was titled “S&P 500 tumbles nearly 4% to new low for the year, closes in bear market territory”. The S&P 500 Index was down 21% from its January, 2021 record.

Don’t Underestimate Life Expectancy In Decisions

I’ve studied the world of economics and investments for over 50 years. One needs to know the math that is relevant to making better investment and retirement planning decisions. Here’s what I mean.

No Good Reason Not To Convert To A Roth IRA

My February 02, 2022 Ahwatukee Foothills News article was titled “Traditional IRAs can be a Tax Time Bomb!” The more your traditional IRA or 401k grows, the more the eventual tax, either through Required Minimum Distributions (RMDs) that start at age 72;

Traditional IRAs Can Be a Tax Time Bomb

Americans are not big savers. Prior to the last two Covid years, 7.78% of after-tax disposable income was the average savings rate for the 10-year period from 2010-2019.

Inflation Requires Better Retirement Planning

Inflation is accelerating in America. Recent data shows that the producer price index (a wholesale prices measure) in November, 2021 increased by 9.6% over the previous 12 months, the largest gain on record.

Office Address

2141 E. Broadway Road
Suite 101
Tempe, AZ 85282

Click here to schedule a FREE Strategy Session
with Dr. Wong

Image