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In an October, 2019 opinion piece in the Orlando Sentinel, four MDs and former U.S. Surgeon Generals (Richard Carmona, Joycelyn Elders, Antonia Novello, and David Satcher) called dementia the “top public health crisis” in an effort to call attention to the rapid rise of the disease. “Its scale is unprecedented, and its numbers, already tragic, are growing rapidly.”

AZ is the #3 biggest state in terms of cumulative amount of solar electric capacity installed through Q3 2019. CA is #1; NC is #2; Texas is #4; and Florida is #5. The ranking is based on the equivalent number of homes supplied by solar energy. #1 CA has 26,232 Megawatts (MW) and 6,828,939 equivalent homes supplied by solar energy; #2 NC has 5,662 MW and 683,648 homes; #3 AZ has 3,913 MW and 578,323 homes; #4 Texas has 3,421 MW and 408,234 homes; and #5 Florida has 3,414 MW and 411,269 homes.

A “gray divorce” is when adults ages 50 or over get divorced. According to data from the National Center for Health Statistics and the U.S. Census Bureau, the divorce rate for those 50 and up has doubled since the 1990s and tripled for those 65 and older since 1990.

Wall Street makes money either by commissions on the investments they sell or a percentage of the total assets they manage.

“The Financial Journey of Modern Parenting: Joy, Complexity and Sacrifice” was conducted by Age Wave and funded by Merrill Lynch.

On December 22, 2017, the Tax Cuts and Jobs Act (TCJA) became law. Virtually all of the provisions take effect starting in 2018. This is the most sweeping tax legislation since the Tax Reform Act of 1986.

On May 4, 2019, I gave a talk to the AZ Academy of General Dentistry Annual Convention on the topic “Dentists: Learn How to Retire 5-15+ Years Earlier!” Unfortunately, ¼ to 1/3 of all dentists are forced to retire early due to physical disability. Their normal work week is only Monday through Thursdays because they are continually leaning over the patient in an awkward position. However, the bulk of most medical professionals’ (whether dentist or physician) retirement savings occurs in the last 20 years of their working life. If they lose 10-15 years of income by not working until 70, their retirement future can be fairly bleak.

From a mathematical perspective, there are only a few key variables to the retirement financial equation: Earn More; Save More; Work Longer; Earn a Higher Rate of Retirement Cash Flow; and Reduce Taxes. This article will be the first of a series that covers these issues, including real-world case studies.