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”
Tag Archives: inflation
$79k per yer lifetime tax free no market risk retirement income for 25yr old saving $6k per yr for 30yrs
Don’t buy a house this year, save your money instead
The housing market price is nearing its 2008 high price this year. Many young couples love the feeling of owning a house beyond their means. A modular house can be a solution although in Silicon Valley space rent ranges from $600 to $1200 per month. Renting a medium-size house costs between $2000 to $3500 per month. Continue reading “Don’t buy a house this year, save your money instead”
3 wealth destroyers to fight ferociously: taxes, inflation and overspending by Bruce Fraser
. When financial planner J. Landon Loveall was a teenager growing up, he says, “I guarded my Lego creations with life and limb from the destructive nature of my little sister.” Loveall is founder and president of Cumberland Wealth Planners in greater Nashville, Tenn. Creating wealth is not unlike building something solid with Legos, as Continue reading “3 wealth destroyers to fight ferociously: taxes, inflation and overspending by Bruce Fraser”
Retirement Checklist or Bucket List in 2014
How do we allocate our money? This year, I plan to allocate my money as follows: 1/3 in long-term savings, 1/3 in short term and 1/3 to create experiences with family, love ones and the community I live. I will allocate my time to create more income and build relationships. At 50plus, we all should save atContinue reading “Retirement Checklist or Bucket List in 2014”
Retiring my mom, 78 yr old still working, I need 10 bay area pro who will save for retirement
My Why of keeping my spirit up each morning to work hard is to be able to retire my mother who still works at 78 yrs of age. Her hair is now so thin from stress, her legs so full of veins and is getting painful to walk. But, she keeps on working to supportContinue reading “Retiring my mom, 78 yr old still working, I need 10 bay area pro who will save for retirement”
Spend less when you retire
Forget what you know about withdrawal rates. The key to making your nest egg last is to spend less money than you earn. Due to state tax law differences, however, you’ll soon learn that where you live during retirement largely dictates what you spend. Some states, such as Minnesota and Vermont, impose a hefty taxContinue reading “Spend less when you retire”