This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA
Are you planning for your retirement? If so, keep in mind, This is NOT Your Parents Retirement.
When we were down at the beach last summer, we pulled into a gas station to get some gas. An old, blue, beat-up pickup truck pulled in next to us. In the back of the truck was a small dinghy. The name on the back of the boat was “Plan B.” I wondered what the… Continue Reading: Plan B
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA To be eligible for a Roth IRA you need to have earned income from wages or from self-employment. Additionally higher income earners are not eligible. Married couples filing a joint return with a modified adjusted gross income of less than… Continue Reading: 3 Proven Reasons You Need a Roth IRA
Local Raymond James Financial Advisor Thomas F. Scanlon, CFP, CPA of Manchester, CT quoted by CNBC.com on November 25, 2022. 3 lesser-known ways to trim your 2022 tax bill or boost your refund before year-end PUBLISHED FRI, NOV 25 202212:19 PM EST BY KATE DORE FOR CNBC After nearly a year of high inflation, rising… Continue Reading: CNBC Quotes Tom About Maximizing Your Tax Bracket
This article on savings during retirement is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA The Roth IRA and an IRA both offer different tax advantaged ways to save for retirement. If you are serious about your retirement plan take these 5 Easy Steps to Retirement. Roth IRA In 2021, investors… Continue Reading: The Difference Between a Roth IRA and an IRA
Save Money & Taxes in Retirement Continue Reading: 6 Easy Retirement Distribution Steps to Save Money & Taxes
“flexibility (renting) trumps owning,” said Thomas Scanlon, a certified financial planner at Raymond James Financial Services. Continue Reading: Scanlon Quoted by MarketWatch on the Flexibility of Renting During Retirement
This retirement article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA. Ah, retirement, it appears to be on a lot of folks minds. No wonder. There are 10,000 people A DAY turning 65 in the U.S. Repeat, A DAY. 1) That’s a ton of people finally putting out and heading… Continue Reading: 4 Easy Steps to Retirement
Local CPA, CFP® Thomas Scanlon of Raymond James Financial Services in Manchester, CT quoted in national AARP article 7 Practical Tips for Building (Or Rebuilding) Your Emergency Fund How much money you need, and how can you get it by Patricia Amend, AARP, October 4, 2021 Your fridge isn’t freezing, your car isn’t running, you suddenly… Continue Reading: It’s Not a Matter of “IF” Something Will Go Wrong, But “When”
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA 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 get here. Now it’s… Continue Reading: 4 Easy Steps to Stay Retired
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA