Playing more golf, going to the beach or spending more time with your grandchildren is how some visualize their retirement. During your working career you went to work every day to get your paycheck. Assuming you are fully retired…
Blog Archives
5 Easy Ways to Plan for the Certainty of Your Financial Uncertainty
Expect the Unexpected Expect the unexpected. When the unexpected happens, there is no do-over. There is no reset button to push. Remember, You Only Get a Mulligan in Golf. You knew that already. So why am I telling you this?…
4 Easy Steps to Stay Retired
You have reached the holy grail (for some) and retired. Congratulations! You are in the Land of No Alarm Clocks. Now you can do (almost) whatever you want to do. You’ve worked your whole life to…
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7 Reasons Why All Investors Over Age 70 1/2 Should Consider a Qualified Charitable Distribution
Our observation is that many people are very generous with the donations they make. It sure helps that there is likely a tax deduction for this, no question. Many people are accustomed to donating cash, writing a check to…
Tagged with: 401(K) Plan, 501(c)(3), Adjusted Gross Income, AGI, Appreciated Property, Charitable Donation, Charity, Connecticut Estate Tax, Connecticut Income Tax, Connecticut Taxpayers, Estate Tax, Estate Tax Exclusion, Estate Tax Portability, Gift Tax, Income Tax, Investors, IRA, IRS, Itemized Deductions, Medical Expenses, Miscellaneous Itemized Deductions, Mortgage Interest, Non-profit Organization, QCD, Qualified Charitable Distribution, Required Minimum Distribution, RMD, Standard Deduction
5 Easy Steps to Retirement
1) Plan For Your Retirement Sorry for having to state the obvious. You’re not going to get to retire if you don’t plan. This is the price of admission. After all, it is your retirement we are talking…
Tagged with: 401(K) Plan, Cash Reserve Fund, Connecticut Drivers, Disability Insurance, Education Funding, Financial Advisor, Financial Plan, Homeowners Insurance, Income Tax, Income Tax-Free, Individual Retirement Account, Investing, IRA, Life Insurance, Money Market Account, Pension Plan, personal umbrella policy, Required Minimum Distribution, Retirement, Retirement Plan, RMD, Roth 401(k) plan, Roth IRA, Self-Employed, Social Security, Tax Deferred Accounts
“It’s Not About the Money”
Don’t you just love it when a Major League athlete signs a huge contract with a new team and says, “It’s not about the money.” Bull Just to be clear: It’s always about the money! Don’t get me wrong…
Tagged with: 401(K) Plan, 529 College Savings Plan, 529 Plan, Apple Pay, Cash Reserve Fund, CHET, College Board, Connecticut Higher Education Trust, Connecticut Income Tax, Connecticut Income Tax Return, Connecticut Residents, Federal Reserve Board, Higher Education, IRA, Money, Mortgage, Required Minimum Distribution, RMD, Roth IRA, Student Debt, Student Loans, Tax Deduction, Tax-Free
4 Things Every Investor Can Control
Investors can easily get distracted these days. Hop in the car on the way to work, turn on the radio and get updates on the stock market futures. Check your online portfolio at work during your lunch break. Perhaps you…
Tagged with: 401(K) Plan, 529 College Savings Plan, 529 Plan, Asset Allocation, Bear Market, Bull Market, Capital Gains, Capital Gains Tax, Collectibles, Darwin, Equity Markets, Ibbotson, Income Tax, Income Tax Bracket, Inflation, Inflation Rate, Investment Portfolio, IRA, Long Term Capital Gains, NASDAQ, Ordinary Income, Pension, Pension Plan, Real Estate, Retirement, Retirement Plan, Roth IRA, Rule of 72, Short Term Capital Gains, Tax Bracket
No Deposit. No Return.
What does this mean? If you don’t put something in (deposit) you won’t get something out (return). Isn’t that the truth? This applies whether you want to learn to play the guitar, improve your culinary skills or learn how to…
Tagged with: 401(K) Plan, 401(k) plan employer match, Catch Up Contribution, CNBC, College, College Board, College Tuition, Financial Plan, Financial Well- Being, Great Recession 2008-2009, Income Tax, Investing, IRA, New England, Pension Plan, Portfolio, pre-tax, Required Minimum Distribution, Retirement, RMD, Roth 401(k) plan, Roth IRA, Saving, Social Security, Tax Deduction, tax-deferred, Tax-Free, Taxpayers
