$79k per yer lifetime tax free no market risk retirement income for 25yr old saving $6k per yr for 30yrs.
Tag Archives: savings
$79k per yer lifetime tax free no market risk retirement income for 25yr old saving $6k per yr for 30yrs
tax free no risk lifetime retirement income $79k per yr For young people just getting their careers off the ground, saving for retirement can often feel like an exercise in futility. There are bills to pay, debt to be tackled, apartments to rent, and social lives to be had. It’s baffling to imagine putting aContinue reading “$79k per yer lifetime tax free no market risk retirement income for 25yr old saving $6k per yr for 30yrs”
Bazinga! 6 Genius Money Lessons from ‘Big Bang Theory’ by Annalisa Kraft-Linder
Monty Brinton/CBS/Getty Images Sheldon, Howard, Leonard, Raj, Amy, Bernadette and Penny — the quirky geniuses of “The Big Bang Theory,” Nielsen’s No. 1 comedy — are always funny, but especially in teaching us what not to do about money. Money Can Buy You Love — But Only for a Bit Howard learns this lesson whenContinue reading “Bazinga! 6 Genius Money Lessons from ‘Big Bang Theory’ by Annalisa Kraft-Linder”
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”
Cars costing you your retirement savings plan
If you’re feeling broke at the end of the month and don’t know where all your money disappeared to, just take a peek in your garage. Your car could be sucking your bank account dry. AAA recently released its 2013 Your Driving Costs report, which reveals what Americans are really paying to drive. It showedContinue reading “Cars costing you your retirement savings plan”
For the 80 million Americans, social security is their only retirement income
There is a shortfall between what people have saved and what they’ll need to maintain their standard of living in retirement. And, certainly, what Americans have put away for retirement is paltry. Unless we all start saving like crazy, the pundits say, we’ll have nothing to live on during our so-called golden years. Or we’llContinue reading “For the 80 million Americans, social security is their only retirement income”
Financial Calculators, commuting by plane to bayarea
comparison tax tas deferred tax free savings Tax Deffered versus Tax-free (tax free wins by over $300k) With the availability of information in the internet, it has become our library and calculator for all kinds of financial planning that will help us make better financial decisions. I paid 15% in taxes when I saved allContinue reading “Financial Calculators, commuting by plane to bayarea”
Retirement income for life with no taxes and penalties
Based on the IRS code 7702, tax-free retirement with almost no income limits and no penalties when compared to a Roth IRA or 401k is possible with an IUL policy. An IUL can provide for a tax-free retirement income of $50k per year or $100k per year depending on your savings plan each year. Below are potential savings growth for aContinue reading “Retirement income for life with no taxes and penalties”
Act now to review your retirement savings before you pay taxes
Join us this noon for a webinar that will review your retirement savings and act on cutting taxes to save your wealth. Venue: gotomeeting (Note: Please download gotomeeting ahead of time.) https://global.gotomeeting.com/meeting/join/896840485 ID: 896840485 password: success2014 Email Connie: motherhealth@gmail.com Limited to: 25 attendees Time: 12:15 to 1:00pm PST Date: March 19,2014, Wednesday Learn retirement threats,Continue reading “Act now to review your retirement savings before you pay taxes”
Is a tax-free lifetime income during retirement possible?
Investment under an Index Universal life policy per IRS code 7702 is tax free because you already paid taxes when you started saving from your net income. This means that half of your wealth cannot be taken away from you, not even by an estate tax. Would you like to know how you can start atContinue reading “Is a tax-free lifetime income during retirement possible?”
Retirement Threats by Connie Dello Buono
Should I max out my 401k contribution?
When your company matches your tax-deferred savings, then take the free money. But do you know why the IRS wants you to save tax-deferred now. Because later on, after it grows and accumulate, it will be taxed at close to 50% before you reach the age of 59.5 yrs old. When you invest money inContinue reading “Should I max out my 401k contribution?”
Cut costs in bank fees, home/car insurance, dining, and more
Cut costs , save more Home/Car Insurance and Financial Fees Save almost $600 a year Some credit cards sock you with fees of $30-plus, the FDIC reports, if you’re even a day late with your payment. Say you have a bad math week and bounce a check—that’s a fortune right there. Stay on top ofContinue reading “Cut costs in bank fees, home/car insurance, dining, and more”
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”