There has been a decent amount of turbulence in the world economy during this transitional period into the new year, to say the least. There have been plenty of ups and downs domestically as well as internationally. This article gives a synopsis of the changes...
Cost Segregation Analysis Taxes are a necessary part of any functioning economy. And although I am sure we all would prefer a world without taxes, there are still ways that we can make our taxes work for us. The government has created tax incentives in order...
Life is a grand adventure. An adventure filled with surprises at every turn. However, not all surprises are good. As we get closer to our golden years, healthcare becomes one of the least pleasant of our surprises. Health care cost is the biggest problem retirees...
James Gandolfini's $30 Million Estate Tax Mistake In "The Sopranos," the IRS didn't stand a chance against Mafia boss Tony Soprano. But thanks to poor planning, the IRS will be the biggest beneficiary of actor James Gandolfini's estate. Gandolfini died with an estate worth an estimated...
When investors focus solely on the accumulation of a certain amount of money—such as $1 million or $2 million—to finance their retirement plans, they ignore the importance of cash flow. Creating reliable cash flows means you won’t be at the mercy of stock market declines,...
Trumps presidency has offered promise of economic growth in America, but economic growth doesn’t mean that everyone in the country is going to have more money and suddenly be in a better place. In fact, the bulk of Trumps plan, or at least what we...
Pensions used to be a dependable backbone for the American retirement plan. You put in your time and take care of your company, and in return they take care of you. But with the changes made in the economy there has been less and less...
With the election comes change and reaction, which is not necessarily bad. With Trump winning the election bank and energy stocks soared with interest rates while tech companies fell off. Most of this is based on Trumps pro-growth plan dependent on private investors. In relation...
Probably one of the biggest question if not the biggest question when it comes to retirement planning, is how much money will I need for my retirement? This question is complicated because it affects you every day before and during your retirement trying to budget...
One of the main concerns, if not the main concern, with retirees and soon to be retirees today is the fear that they will outlive their retirement fund and be left depending on their children or others for their well being. With life expectancy going...
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