All this talk about retirement planning, baby boomers getting the worst of it, not planning properly, how to accumulate wealth, how to save etc etc etc..that’s the talk. That’s the main concern for 85% of the baby boomers out there about to go into retirement. Let’s look forward to those of you who have planned [...]

With your house paid off and your kids no longer living under that same roof, you are limited in the deductions you can take from your income in retirement.  It’s important to understand how your retirement income is taxed in the state you live in so you can make your retirement savings go farther.   [...]

With your house paid off and your kids no longer living under that same roof, you are limited in the deductions you can take from your income in retirement.  It’s important to understand how your retirement income is taxed in the state you live in so you can make your retirement savings go farther.   [...]

I must say, the amount of people who want to retire early is staggering.  Think about your situation. Are you 50-55 or 60?  Are you ready to be done working, but you can’t because you need to save more money for retirement?  Are you committed to stop working?  You may want to look into ERE.  [...]

One of the last things young people think about when heading into corporate America or even graduating college checking off items on an estate planning checklist.  Here are some basics to help younger workers start the estate planning process.   Many people believe that they know what would want to happen in worst-case medical scenarios, [...]

Investment News has just recently name Social Security Analyzer made by Social Security Solutions, Inc, the best software in Social Security income planning.  The software offers advanced modeling, detailed tax calculations, earnings, mortality map, and access to the Social Security helpdesk for advanced case design and strategic planning.   For professionals who have a need [...]

Even though the fiscal-cliff compromise kept the federal estate tax exemption at its former level of $5 million, many state governments are imposing estate or inheritance taxes on more modest amounts. With many states suffering from budget shortfalls, estate tax revenue is more important than ever in keeping government programs running. And that means that [...]

Are you ready to go? Retiring is much more than just money.  The emotional factor of leaving the workforce or a career that you have worked long for can be a hard one to reconcile.  Make sure you have given it some serious thought and be ready to go.   So now what? Just because [...]

While some of us may have filed our taxes way back in January, many (like me) just wrapped it up and filed in April.  Since many financial advisors work for themselves, tax season can be a busy, hectic time as we organize all of our statements, documents, receipts, and business expenses.  Since all of our [...]

While President Obama’s latest budget proposing a cap on tax-favored accounts is flawed in many ways, one of the key areas that it doesn’t address is the problem of inflation.  In case you haven’t seen the new budget, the chief executive has proposed a cap of $3 million on each individual’s total qualified funds.  In [...]