Find out your retirement style Online presentation is in this link: Approach retirement from a new angle – personality Contact Connie Dello Buono 408-854-1883 to use the Life Balance Sheet based on your retirement style and work with other team members in planning your retirement or savings/investment strategies. We have financial advisors, estate planners, investment advisors andContinue reading “What is your retirement style”
Tag Archives: retirement plan
Teaching your children about money, million dollar baby
When you start saving $200 per month for your baby who is less than 1 yr old and the savings accumulate with return of at least 6%, guaranteed at 4% the money owned by you doubles every 12 years. This will show your child how money compounds and savings taken via EFT can build towardsContinue reading “Teaching your children about money, million dollar baby”
How Roth IRA Distributions are taxed
If you have 401K, stocks, mutual funds, Roth IRA, IRA, annuities or other kinds of assets, you need asset protection using your life insurance. Use this life insurance application to complete when you decide after discussing with me about your asset protection plan with illustration detailing cash accumulation, face amount and tax strategies. Connie DelloContinue reading “How Roth IRA Distributions are taxed”
Optimal Fixed Annuity for Retirees: Immediate versus Deferred by David Blanchett
For those who are willing to give up liquidity to maximize guaranteed income for life, the solution has always been relatively straightforward: purchase a lifetime Single Premium Immediate Annuity (SPIA). However, in recent years, annuity companies have begin to offer Deferred Income Annuity (DIA) contracts, also known as longevity annuities, which similarly provide guaranteed incomeContinue reading “Optimal Fixed Annuity for Retirees: Immediate versus Deferred by David Blanchett”
CFP,financial advisor guest blogs on Wednesday afternoon
Email motherhealth@gmail.com to get free 15min phone chat with guest blogger who is a certified financial planner and had been helping bay area professionals in the past 13 years. Call Connie Dello Buono 408-854-1883 to be scheduled in the slots from 2pm to 6pm of every Wednesdays starting this 9/17/2014 (first 16 callers/email will beContinue reading “CFP,financial advisor guest blogs on Wednesday afternoon”
Crisis in Retirement Planning by Robert Merton
Corporate America really started to take notice of pensions in the wake of the dot-com crash, in 2000. Interest rates and stock prices both plummeted, which meant that the value of pension liabilities rose while the value of the assets held to meet them fell. A number of major firms in weak industries, notably steelContinue reading “Crisis in Retirement Planning by Robert Merton”
Preschool, home school, Montessori elementary, the “Outliers” book for the success of our children
As working parents, we have to choose quality child care and schools. I was fortunate to have a public Hammer Montessori elementary school in San Jose when my children now 17 and 19 where young. My nieces and nephews in the Philippines go to a private school simply because the elementary schools have no budgetContinue reading “Preschool, home school, Montessori elementary, the “Outliers” book for the success of our children”
Dodging 529-Plan Tax Traps, save money for college the right way
Pay attention to timing. There is no IRS ruling yet whether withdrawing money from a 529 account in one year and using it the next is allowed or not. Make sure the expenses qualify. Double-check that you allowed to withdraw 529 savings to pay for college bill. Take any scholarships or tax credits into account.Continue reading “Dodging 529-Plan Tax Traps, save money for college the right way”
Super charge your retirement savings, even at 60 yrs old
Saving $500 per month allows you to add $100k more to your savings. Saving $750 per month allows you to add $250k more to your savings. Adding $10k more during the first year, ups your retirement savings more. How much is it worth contributing to if you want access to up to $1.5M when aContinue reading “Super charge your retirement savings, even at 60 yrs old”
Long term care costs
What isn’t covered by Original Medicare: Deductibles Co-payments Long-term care outside of a nursing home, or care at home, unless it’s provided by a professional nurse or therapist Care for daily living such as walking, dressing, bathing, shopping, eating and taking medicine More than 100 days of Skilled Nursing Facility (SNF) care following a hospitalContinue reading “Long term care costs”
89 yr old female with Alzheimer’s Disease, no meds in care home
Surprisingly only anti-allergy tab and vitamins are taken by this senior in a care home. She walks, plays with her stuff toys and has good bowel movement. She has the brain of a young child while playing with her food or stuff toys but at 89 yr old, Annie still laughs and is very focusContinue reading “89 yr old female with Alzheimer’s Disease, no meds in care home”
States with lowest income taxes by Dan Caplinger
At the beginning of 2013, several big federal tax increases hit American taxpayers, including payroll tax climbing back to normal levels and the return of the 39.6% tax bracket, along with surcharges for high-income taxpayers. But several states decided to make tax cuts in 2013, giving their residents a reprieve from higher taxation. Let’s findContinue reading “States with lowest income taxes by Dan Caplinger”
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”
Start saving at 25yrs old or prepare for new careers when you are older
A 25-year-old just starting to save would only need put away about $160 each month to generate $1,000 in monthly retirement income. Start saving at age 35 and you’ll need to contribute almost $270 a month to generate the same income. For every $1,000 in monthly income, a 45-year-old just beginning to save for retirementContinue reading “Start saving at 25yrs old or prepare for new careers when you are older”