In this video, we highlight the key mistakes to avoid when planning for retirement to ensure a secure future. It’s been said, “A smart man makes a mistake, learns from it, and never makes that mistake again. But a wise man finds a smart man and learns from him how to avoid the mistake altogether.” Hopefully by the end of this episode what I share will be deemed as smart and what you do with it will prove you to be WISE!
Looking for a smart, tax-free investment option? 🌟 Municipal bonds might be just what you need! These bonds offer tax-free interest at the federal level (and state level in some cases), making them an attractive choice for investors looking to maximize their returns.
Charitable giving is so good! It is good for those in need of the support, of course, but the Cleveland Clinic reports that giving can lower stress, lower blood pressure, combat feelings of depression and even lengthen ones lifespan. Maya Angelou went even further suggesting that “…among its other benefits, giving liberates the soul of the giver.”
While not every family has a liquidity event from selling a business, we see everyday business owners frequently that have amassed taxable wealth now trying to figure out how to prudently grow it for the future without giving all of it to Uncle Sam in the process.
Benjamin Franklin once said, “In this world nothing can be said to be certain, except death and taxes.” Oddly enough, this is the perfect quote to introduce the topic of this episode of Retirement Ready… the Widow/Widower Tax Penalty. In order to set the stage of what the Widow’s Tax Penalty is, let me quickly…
Real Estate and Downsizing Today I’m going to share with you the costs on both sides of downsizing or staying in your home, and things you should be considering. So let’s first set the stage with our couple who has raised kids and purchased a 4200 square foot house back in the 2000s decade. They…