Most of my clients worry about their family’s welfare in the event of their death, but many don’t consider what could happen if they were to become disabled. The very best advice I can give when it comes to disability insurance is to get it when you’re young, as that is when you are the [...]
When it comes to retirement security and retirement savings, women are often at a disadvantage. Retirement, as it turns out, is much more expensive for women than for men. Women live longer than men and so have higher healthcare costs in retirement. Plus, working women tend to earn less than men, with fewer dollars saved. [...]
Unless you’re a sole proprietor, your business probably relies on certain individuals to run it effectively and efficiently. Employees might like to think they are all equally valuable, but certain employees can be more important to a business’s bottom line than others—and without those individuals, the business could suffer. If you are a business owner, [...]
When my husband and I got married, we were young, but we were always thinking about saving money. My husband had $25 taken out of every paycheck for his employer to buy him savings bonds. (Back then, $25 was about 15 percent of our rent.) I started setting aside similar sums of money into savings, [...]
It’s a fresh, clean new year. We indulged ourselves last month and ended the year with a blast. Now, it’s time to come back down to earth and face financial reality. Luckily, I have some tax tips you might find helpful as you try to stick to your financial goals and resolutions. 2012 brings us [...]
Today it is more important than any time in the past to prepare your retirement savings plan. Deciding how much you need to have saved by the big day so that you can live comfortably is not always easy. Here are some great tips to help you calculate your retirement date. Step One: Determine your [...]
2011 is flying by, and before you know it we will be ringing in the new year. However, you still have time to save enough funds to max out your 2011 retirement savings account contributions. Here is a look at what you need to know. Using year-end retirement contributions to lower your taxable income If [...]
How many times have you read articles about saving money on your taxes at the last minute? Are you bored out of your mind by repeatedly reading about the same things? Well, as it happens, the same things tend to work and make sense for saving money all year. Are there any new ideas I [...]
In this series, we will ask top experts for their retirement advice on the most common retirement questions from our readers. Every portfolio is different, but when it comes to your retirement planning, many people have the same retirement questions and make the same retirement mistakes. Retirement expert and certified financial planner Bill Losey shares [...]
Looking over my projected tax return, it seems my husband and I cannot itemize our deductions. The interest rate on our mortgage is so low that we no longer have enough interest to take Schedule A over the standard deduction for married couples. I’m now looking for other options for my charitable tax deduction. Do [...]
