Tax Strategies When planning for retirement or in you are already in retirement, taxes is a major concern. For those of us already in retirement, the two most important sources of retirement income are your Social Security benefits and distributions (withdrawals) from our retirement accounts such as IRAs and pensions from our employers which includes…read more »
Investment Ideas (Monday – Nov. 09, 2015) A bi-monthly forecast and investment ideas covering a range of technical and fundamental analysis securities to assist you in when to buy and when to sell a specific security. This is informational only and is not meant as a recommendation to buy or sell any security, but a…read more »
Auto Insurance Just read this morning in my recent copy of “Bottom Line” (November 1, 2015 issue) a tip as it relates to saving money on your auto insurance premium. I was quite surprised to learn that most insurance companies charge extra for policy holders that are Widows and Widowers; that extra charge can be…read more »
Investment Ideas – Monday Oct 26, 2015 (Monday – Oct 26, 2015) A weekly forecast and investment ideas covering a range of technical and fundamental analysis securities to assist you in when to buy and when to sell a specific security. This is informational only and is not meant as a recommendation to buy or…read more »
Are your fees tax deductible? Certain investment and tax advice are tax deductible on your tax return depending on whether or not you itemize on your return and you meet 2 % limitation amount. Financial planning fees in general are non-deductible, however advice related to investment or tax planning including estate planning are deductible. If…read more »
iPhone 4S on a Tracfone Service Plan In a recent post I discussed how to significantly reduce your monthly cell phone bills by switching to a prepaid plan such as Tracfone. This past week I took a used (hand me down) iPhone 4s that was originally a AT&T cell phone and converted the iPhone to…read more »
Investment Ideas – Monday Oct 12, 2015 (Monday – Oct 12, 2015) A weekly forecast and investment ideas covering a range of technical and fundamental analysis securities to assist you in when to buy and when to sell a specific security. This is informational only and is not meant as a recommendation to buy or…read more »
Mistakes to Avoid There have been recent changes to IRA rollover rules, therefore I have listed 3 IRA Rollover mistakes to avoid below. Missing the 60-day rollover deadline – If you move assets in an IRA account and take direct control of the proceeds you must rollover the…read more »
Bond Ladder Vs. Annuity A bond ladder is one of the most straightforward income strategies to give a yourself a cash flow in each year of retirement. Just buy a series of bonds that will mature for the desired amount of spending in each year of retirement. Ideally, the payments are secured to an advanced…read more »
Going Broke in Retirement Individuals top retirement concern is going broke during retirement. The number one worry is running out of money in retirement. The next major concern in retirement planning is health costs followed but how much to withdraw in assets during retirement years. In recent months, market fluctuations have also been a major…read more »
