Peanut butter and jelly. Apple ice and ice cream. Baseball and hot dogs. Your grocery cart and your portfolio.
What?? Your grocery cart and your portfolio may seem an unlikely combination. Yet they may have more similarities that you realize.
A few days ago when my automobile insurance renewal policy arrived, I did my usual — clipped out the liability identification cards, glanced at the total premium and reached over to file it away.
One very rewarding part of working with clients is helping people identify opportunities and plan for sharing family wealth and values. While the estate planning piece of our work together addresses how an individual’s assets will be distributed to heirs or other organizations upon death, an equally important goal for many clients is passing on family values.
With April 15 approaching (April 18 this year), many folks are searching for ways to reduce their tax liability for 2015 or identifying strategies that may lead to lower tax liabilities in the future.
One popular strategy that some higher income taxpayers may find attractive involves making non-deductible contributions to a Traditional IRA account. In other words, funding the IRA with after-tax dollars. The primary advantages of this strategy are
You may have noticed that more and more financial services firms are adding free, easy-to-use planning calculators to their websites. These span a variety of areas but one of the more popular tools is a retirement planning calculator.
You may have even used these yourself as a quick gauge for assessing your progress toward being ready for retirement.