The end of the year is always a good time to do a little financial maintenance, take advantage of last-minute tax deductions, and get your financial house in order for next year. Here’s a checklist of some items to consider.
Tax-Loss Harvesting
Do you have losses in your investment portfolio? It...
It used to be that retirees who worked part-time did so because they had to—the widow who didn’t have enough money after her husband died or the couple whose only retirement income was Social Security.
There’s a new category of retirees working part-time. They’re the ones who want to work,...
Social Security, although originally intended to be a supplement to Americans’ retirement income, has become a major source for many. The Center on Budget and Policy Priorities found that half of senior citizens get 50% of their income from Social Security and that 1 in 4 seniors receive 90%...
Over the years I’ve had clients who knew they’d been named in estate planning documents as executor of an estate, and I’ve had others who found out only after a relative died that they had to settle an estate. In most cases, I’d get a call asking, “What do...
For adults, planning for retirement is a life-long pursuit. We have dreams of a wonderful lifestyle after saying goodbye to our careers. We never expect to be dependent on our kids, or the government or anyone else. This is what we’ve worked for. Unfortunately, almost half of retirees discover...
Planning for retirement. We spend most of our working career preparing for it, saving for it, covering every contingency. When you finally wave goodbye to the company, you’re ready for all that planning to take over. But does your planning take into account the taxes you’ll have to pay...
Planning, planning, it’s all about planning when your goal is retirement. When you hang up your career, you don’t want any surprises, or at least as few as possible. In the 21st century, retirement is completely different than it’s ever been.
As a kid, I saw people retire after working...
