News Blog


GRA has compiled a news feed to keep you up-to-date on

the latest financial and retirement news that could affect your wallet

See the latest headlines below.

Studies Confirm That Half Of Americans Struggle With Retirement

By GRA News Blog | October 22, 2020

We’ve been in a retirement crisis for a long time. Way back in 1992, an Atlanta Journal-Constitution article warned that “[w]ith savings rates down, the future of Social Security in question and traditional plans going the way of the eight-track tape, experts say there’s a retirement crisis looming in America.” A non-stop drumbeat of articles…

The Ricks Report – February 27, 2017

By Gregory Ricks | March 1, 2017

­­The Ricks Report February 27, 2017 Numbers of $ignificance S. DEBT HOLDERS – The Federal Reserve owned more Treasury securities at the end of 2016 ($2.46 trillion) than Japan ($1.09 trillion) and China ($1.06 trillion) combined (source: Treasury Department). DO I REALLY NEED IT? – Only 36% of all jobs in the United States require…

The Ricks Report – February 21, 2017

By Gregory Ricks | February 22, 2017

­ The Ricks Report February 21, 2017 Numbers of $ignificance FEWER CHOICES – There were 1.65 million existing homes for sale nationwide as of 12/31/16, a total that has dropped 460,000 in the last 6 months. The 1.65 million “for sales” is the lowest level ever reported for a statistic tracked since 1999 (source: National…

The Ricks Report – February 13, 2017

By Gregory Ricks | February 17, 2017

­ The Ricks Report February 13, 2017 Numbers of $ignificance NOT QUITE FREE TRADE – The United States exported more goods and services in calendar year 2016 to the United Kingdom and Japan ($119 billion of combined exports) than we exported to China ($116 billion). The population of China (1.39 billion people) is 7 times…

Winning at Life: Sidney Torres on his show The Deed and real estate

By Gregory Ricks | February 14, 2017

Watch our interview with Sidney Torres about his upcoming reality show The Deed on CNBC, and his insight on flipping real estate. Winning at Life with Gregory Ricks is on iHeartMedia’s Newstalk 99.5 WRNO in New Orleans, NewsRadio WJBO and Newstalk 104.9 in Biloxi, the iHeartRadio app, Periscope, and Facebook Live.

February 2017 Newsletter

By Gregory Ricks | February 8, 2017

Click on any page to view larger.

The Ricks Report – February 6, 2017

By Gregory Ricks | February 7, 2017

­ The Ricks Report February 6, 2017 Numbers of $ignificance RENTERS SOAR – The 109.6 million households in the United States on 12/31/06 were split between 75.4 million owners and 2 million renters. The 118.6 million households in the United States on 12/31/16 were split between 75.6 million owners and 43.0 million renters (source: Census…

Helping Make Your Retirement Money Last

By Gregory Ricks | February 1, 2017

For every five years longer a retiree lives, he or she spends about 15 percent less on average. This means that people in their 70s spend about half of what they do in their 50s. Even with the ramp-up in medical expenses that often comes later in life, retirees still tend to spend less as…

The Ricks Report – January 30, 2017

By Gregory Ricks | January 31, 2017

The Ricks Report January 30, 2017 Numbers of $ignificance DOUBLE-DOUBLE – The national debt increased +37% during Bill Clinton’s 8 years as US president, reaching $5.7 trillion as of 1/20/01. The national debt increased +86% during George W. Bush’s 8 years as US president, reaching $10.6 trillion as of 1/20/09.  The national debt increased +88%…

The Ricks Report – January

By Gregory Ricks | January 24, 2017

­ The Ricks Report January 23, 2017   Numbers of $ignificance YOU ARE REPLACEABLE – Although just 5% of occupations consist of activities that are 100% automatable, i.e., they could be replaced entirely by technology or robots, 60% of all occupations have at least 30% of their daily activities that are automatable (source: McKinsey Global…

The Ricks Report – January 17, 2017

By Gregory Ricks | January 17, 2017

The Ricks Report January 17, 2017 Numbers of $ignificance FEWER COLLEGE STUDENTS – There were 0 million college students during the fall of 2016 (both undergrads and grad students), the 5th consecutive year (2012-2016) that the total number of students has declined on a year-over-year basis (source: National Student Clearinghouse Research Center).                    MOST EVER…

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