Frugal habits of those who retired rich.
Category Archives: retirement savings
65 yrs old and need to plan money withdrawals from annuities, Index UL and other plans
older-adults-money-advice I have helped older adults use tax-free retirement money and let their money work for them allocating idle money from CD towards their indexed and immediate annuities and index Universal Life Policies for a tax-free lifetime retirement income with no market risks and with health benefits when cancer,stroke or disability occurs. Call ConnieContinue reading “65 yrs old and need to plan money withdrawals from annuities, Index UL and other plans”
Good logic of cash withdrawal for retirement
Financial Coach-Agency Owner http://sfbay.craigslist.org/pen/sls/4524834534.html
Cost of waiting
A 45-yr old doctor who bought an IUL policy for cash accumulation, health benefits and death benefits vs a 47 yr old doctor. ———- Call Connie Dello Buono 408-854-1883 motherhealth@gmail.com CA Life Lic 0G60621 for an IUL policy with tax free accumulation with living benefits for terminal, chronic and critical illness added at no costContinue reading “Cost of waiting”
Real estate worries of generation X and Y
The most pain-yes, even marginally greater than that of former Enron employees and Bernie Madoff scam victims-has been felt by a younger generation, however, in America’s suburbs, far from Wall Street. Relinquishing its collective Abercrombie & Fitch flannel shirts for suits and ties, Generation X was buying its first homes just as the Farrelly brothers-directorsContinue reading “Real estate worries of generation X and Y”
Major Money Mistakes Couples Make
Using home equity to add a swimming pool. And then the husband died without life insurance and retirement plan. And now the house is foreclosed and the wife is waiting to be evicted by the bank. Mom stayed at home for three years to take care of two young children and hubby is only makingContinue reading “Major Money Mistakes Couples Make “
What my parents thought me about finance
My father did not teach me how to leverage my money or assets to control another asset or make my money work for me by compounding and setting aside a long term savings plan with no market risk. He likes to take a risk and my mom cares for necessities and not investments. Like anyoneContinue reading “What my parents thought me about finance”
When to start receiving social security benefits?
when to start receiving social security benefits from ssa.gov My 65 yr old client who owns a beauty salon and lost $500k in the stock market is deciding whether to start receiving her social security benefits now or wait for two years. She then decided to wait for two years given her health condition andContinue reading “When to start receiving social security benefits?”
A recession is when your neighbor loses his job and a depression is when you lose your job
The difference between the two terms is not very well understood for one simple reason: There is not a universally agreed upon definition. If you ask 100 different economists to define the terms recession and depression, you would get at least 100 different answers. I will try to summarize both terms and explain the differencesContinue reading “A recession is when your neighbor loses his job and a depression is when you lose your job”
Roth IRA and Index Universal Life Policy, both tax free retirement plans
Roth IRA, municipal bonds and Index Universal Life Policies (IUL) are all tax free retirement plans. I choose Index Universal Life Policy with living benefits because of the many limitations of Roth IRA. With my age and income fluctuations, I can save more in sickness or health, create a bigger estate when I die and not haveContinue reading “Roth IRA and Index Universal Life Policy, both tax free retirement plans”
Retirement planning for doctors and health care pros
tax free retirement for doctors and health care professionals_ Here is an example of saving during a low tax environment and taking retirement income when tax rates are higher. As you can see, although you may accumulate more money through a pre-tax plan, if your tax bracket is high enough in retirement, your net incomeContinue reading “Retirement planning for doctors and health care pros”
Retirement strategies for women
Retirement_Strategies_for_Women Call Connie 408-854-1883 if you want to earn extra income without working more than 3 jobs or if you want to retire with sufficient pension, tax free and with living benefits (access to funds in your pocket from $100k to $1.5M during health threats – similar to long term care , added at noContinue reading “Retirement strategies for women”
Fire your boss, own a business now, financial planning for CPA, insurance agents, health care pros and realtors
As a CPA, your clients would ask you to help them allocate thier idle money and have health and asset protection. As a realtor, your clients wants your opinion on how to protect their house should a health threat occur or income loss. As an insurance agent, you wanted to be a builder and notContinue reading “Fire your boss, own a business now, financial planning for CPA, insurance agents, health care pros and realtors”
Doctors, carehome owners and caregivers are some of my clients
They all know that health threats like cancer,stroke or disability can occur without warning. And that they are safe in knowing that they can leave behind a substantial estate with a stroke of a pen to their love ones. And that to act now means ensuring their retirement for lifetime income sooner than later withContinue reading “Doctors, carehome owners and caregivers are some of my clients”