Retirement savings plan

Retirement savings plan


Hope all is well with your family and circle.

Do you have time for 15-min zoom chat about your retirement plan that is safe, avoids probate, fees are less, taxes are less and guarantees a lifetime retirement income? Is each dollar in your investment account equal to a life insurance amount? At Fixed Index Annuity it is.

Earn 20% base bonus at Athene, get 0.5% bonus at Charles Schwab/Fidelity. Athene takes the risk , you take the risk at your investment accounts. Your Athene account can start at $10k or more or half of your current investment that is in stocks or other accounts.

Did you lose money in your 401k or IRA or stocks? Athene guarantees no negative market downturns or participation.

Blessings, For tax diversification in your guaranteed lifetime savings with death benefits for retirement, contact Connie Dello Buono, 0G60621, 408-854-1883 ,

PS. Connie’s commission will help support college students in California and the Philippines.

Warren Buffett and Solar Energy

Get The Full Warren Buffett Series in PDF

Get the entire 10-part series on Warren Buffett in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues.

Solar in Omaha?

Warren Buffett has lived at the same house in Omaha for more than 50 years, which he bought in 1957 for $31,500.

skeeze / Pixabay

We looked up the house on Google’s Project Sunroof, which analyzes a home’s rooftop for solar production potential and estimates savings based on utility costs in that area….ouch! The return on rooftop solar for Buffett is actually negative, which is primarily driven by the low cost of retail energy in Nebraska, which ranks #7 in the U.S. for the lowest cost of energy. Nebraska’s Solar Report Card shows a D with an internal rate of return of 4.4% due to low retail electricity rates and a lack of incentives. So the answer to our original question is a clear “No”, but are there lessons we can apply from Buffett’s investing philosophy to investing in solar energy?


Applying Buffett’s Investing Principles to the Solar Decision

Buffett has generated returns of 20.8% since 1965 for Berkshire compared to the S&P of 9.7% (that’s the difference between 127x and 8,884x), so there is a lot to learn from his investing style. Here are a few Buffett investment tips that we think apply to a homeowners decision to go solar.

Pay a Fair Price

“For the investor, a too-high purchase price for the stock of an excellent company can undo the effects of a subsequent decade of favorable business developments.”

Solar can make a great investment in some states, such as New YorkCalifornia and Massachusetts, where cash returns on solar can be greater than 15%, which compares favorably to the S&P. But these returns assume homeowners pay market prices and will decrease significantly if consumers overpay for solar. So it is important that consumers know how much solar costs and pay a fair price. Our review Q4 review of solar in California indicates that the median price per watt is just under $4.50.

Focus on Cash Flow and Use Conservative Assumptions

“In order to calculate intrinsic value, you take those cash flows that you expect to be generated and you discount them back to their present value – in our case, at the long-term Treasury rate.”

There is a lot of research on how solar panels increases home values, which should provide a homeowner comfort that they will recoup the costs of their solar panels if the decide to sell their home. However, the best approach to evaluate solar is to understand the cash utility savings and how those compare to your cash investment, loan or PPA payments. Furthermore, it is best to use very conservative assumptions regarding future utility rates – don’t buy solar panels if you will only start to realize savings in 5 years assuming utility rates increase at 10% a year. Focus on year one savings and assume 2%-3% utility rate increases.

1099 is better than W2 for middle class Americans

Many corporations have to find ways to save on taxes. Working Americans can also find ways to save on taxes. Have your own business and/or use 1099 instead of W2.

Apple is an example of a smart company. We thank Apple for the many jobs it created. We should encourage more enterpreneurs and job creation business.  We should upgrade our educational system to incorporate important job skills sets for the global and technical workforce to be competitive. We have to learn another language, learn computer data analysis, and learn new technologies.

As a parent of two young adults in college, I cannot influence my children to be a doctor or software computer engineers. I can only hope that they have goals and ambitions to compel them to strive for the better.  I can show them the standard of living in other developing countries.  I am happy that they wanted to pursue their passions, be an art teacher and an environmental engineer and that they are working students, saving money anyway they can. In other countries, there is not enough opportunities for internships and college students to work part time.  In Canada, there is 4 months of college days and 4 months of internships. In India, the BS in Computer Science and MS in Computer Science can be completed in less years compared to other countries.

————Apple’s Taxes for its business in Ireland———–

FACT CHECK The European Commission makes clear, and tax experts agree, that Ireland let Apple determine how much of the income that it generated in the country would be recognized and taxed there.

The rest of Apple’s income that was not recognized and taxed in Ireland could be put in other corporate structures that were effectively stateless. That meant the money in those structures was not taxable anywhere — not even in Ireland — and thus not subject to Ireland’s 12.5 percent tax rate.

While other companies have also had the right to negotiate with Ireland, the commission considers these sorts of loopholes a no-no.

“In the U.S., states can fall all over themselves to offer subsidies and loopholes, but that is exactly what is illegal in Europe,” said Edward D. Kleinbard, professor at the Gould School of Law at the University of Southern California and a former chief of staff to the congressional Joint Committee on Taxation.

In the United States, politicians, lawmakers and officials have derided “inversion deals,” which allow an American company to move its headquarters overseas to cut its tax bills. In Ireland, they are celebrating them.

The Irish government on Tuesday revised the country’s economic growth rate in 2015 to 26.3 percent from a preliminary estimate of 7.8 percent. While Ireland’s economy has been on the upswing since the country repaid its bailout, it wasn’t that the Celtic Tiger suddenly came roaring back in an unexpected way. Rather, it was the magic of those inversion deals and other sleights of finance.

Under a typical inversion deal, a United States company takes over a foreign counterpart and, in the process, shifts its headquarters overseas. The takeover targets for such deals are typically based in countries with low corporate taxes — like Ireland, with its 12.5 percent rate.

The combined company’s global profits are then reported in its new home base, regardless of where they are earned. In essence, Ireland’s G.D.P. is artificially inflated.

Inversions have drawn the ire of the Obama administration, since they put a greater burden on American taxpayers.

Last year, the medical device maker Medtronic bought its rival Covidien, reincorporating in Ireland. More recently, Johnson Controls of Milwaukeeagreed to join up with Tyco of Cork, Ireland. (Tyco itself has hopped from locale to locale, having been in Bermuda, then Switzerland, before ending up in Ireland.)

1035 Exchange for CPA, Estate Planning for Business Owners and Living Benefits for all

Save, invest and then spend with collaboration from your CPA, tax preparer, estate planner, life insurance agents, financial planners and other professionals. Learn from them and then start an electronic fund transfer each month so that you have paid yourself first before you spend.  Call Connie before the end of the year to properly allocate your assets and before you incur tax penalties. An overall financial picture strategically planned will protect your future wealth accumulation with tax advantage.

1035_CPA_Seminar on 1035 Exchange 


  • 1035 Exchange for CPA (annuities, life insurance)
  • Estate Planning for Business Owners (Living Trusts, Nevada LLC, more)
  • Financial Planning for lifetime tax free retirement income
  • Living Benefits during terminal and critical illness plus long term care

Estate plan for business owners

estate_plan_ for business owners


Contact Connie Dello Buono 408-854-1883 for seminar series for your employees or business. CA Life and Health Lic 0G60621, Life Insurance and Annuities Broker, Financial Planner and Financial Life Coach

Every Tuesdays Free Seminar at Umpqua Bank in Downtown San Jose, 10-11 and 11-12noon

225 W Santa Clara St #150, San Jose, CA 95113   Parking will be validated by the bank. Lots of parking space in the building on the side entrance.
I love the hospitality of the bank, very friendly and cooperative to small business owners.

1035 exchange p4

Yearly Financial Planning Review

Email me to help you review your financial picture and goals. Connie Dello Buono CA Life and Health Lic 0G60621 408-854-1883

When you don’t plan your financial future, you cannot control it. Be accountable for all your assets and liabilities so you will always be prepared for any health threats and financial threats. Remember these threats: health threats and need for long term care, inflation, taxes, overspending,lack of protection or insurance (life,health,assets) and lack of growth or poor return of your investments and savings.

financial plan 2014  Use this spreadsheet to track your finances and future needs.

    Your Financial Plan Update 2014        
Assets Husband Wife Risks/Taxed Liabilities    
Cash       Mortgage balance (1:1)    
CD/Money Market       Car balance    
Savings/Checking       Rental home expense    
401k     Medium/Tax deferred Credit Cards Balance    
IRA     Taxed deferred Other Real estate balance    
Qualified Accounts       Admin fee/Mutual fund fees    
Stocks     High Education expense/loans    
Life Insurance whole life cash accumulation       Insurance costs    
Rental Income         House (1:1200)  
Real estate equity/income         Car (1:250)  
ETFs/mutual funds     High/Medium Family adjustment    
Variable Annuities     High Retirement supplement    
Fixed Indexed Annuities       Final expense    
Index Universal Life Savings/Cash Accumulation       Insurance guarantee Risk Free    
Index Universal Life Face Amount         Hospital/Medical 1:15  
Funeral Expense Policy         Dental  
Bonds     Medium   Disability Income (1:4)  
Other Collectibles            
Your Initial 1          
Date 2          
Goal 3