Retirement

  • Most Topular Stories

  • Top 22 Things You Need to Do in Your 20s and 30s to Make Sure You Have an Epic Retirement

    Things could be worse
    Dr. Rin Porter
    14 Aug 2015 | 2:51 pm
      If you’re a person in your 20s or 30s, you may think of your own retirement as something that will happen in the distant future. And that’s probably true. You’ll have 30 to 40 more years to work before you turn 55, 60, 65, or 70 and decide to stop working and retire. But although your retirement is many years away, you can take steps now to prepare for that event. You can assure your financial security and your personal happiness by acting now. With consistent saving and a frugal lifestyle, you can amass a personal fortune during the next 30 to 40 years. Think it’s impossible?
  • 7 Things Every ERISA Fiduciary Should Know

    Data "Points"
    22 Aug 2015 | 2:00 am
    When it comes to workplace retirement plans, there are three kinds of people: people who are ERISA fiduciaries and know it, people who aren’t ERISA fiduciaries and know it, and people who are ERISA fiduciaries and don’t know it.If you’re in the first or last category — well, here are seven things that every ERISA plan fiduciary should know.If you’re a plan sponsor, you’re an ERISA fiduciary.Fiduciary status is based on your responsibilities with the plan, not your title. If you have discretion in administering and managing the plan, or if you control the plan’s assets (such as…
  • ‘Tipping’ Points: 4 Ways to Tell a Fad from a Trend

    Data "Points"
    29 Aug 2015 | 3:00 am
    One of the most valuable skills in my profession — and perhaps in any profession — is an ability to discern trends early. Just as valuable is the ability to discern the sometimes fine line of distinction between what may be a trend, and what may, in fact, be nothing more than a fad. Most plan sponsors have a functional aversion to the latter, and the vast majority have no real passion for being too early in the adoption of the former. After all, nowhere in the fiduciary directive to do only things that are in the best interests of participants and beneficiaries will you find an admonition…
  • Vacation Home Rentals and Your Income Taxes

    Financial Ducks In A Row
    jim@blankenshipfinancial.com (Jim Blankenship)
    31 Aug 2015 | 5:52 am
    You may have a vacation home that you only spend a small amount of time at each year, and the rest of the time you rent the home out to other folks who wish to vacation in your little slice of heaven. The rents that you receive is considered taxable income, to the extent that it exceeds the applicable expenses. Plus, if the vacation home is partly used for your own purposes, the expenses (allocated to the time the property is rented) cannot exceed the amount of rent income from the property (you can’t claim a loss). Recently the IRS issued their Summertime Tax Tip 2015-03 which details…
  • Navigating the Transition to Retirement

    Sensible Money - Scottsdale Financial Advisors
    Dana Anspach
    11 Aug 2015 | 8:31 am
    Transitioning to Retirement You’ve thought about retirement for years. Now, here you are getting close, and you feel… anxious, nervous, and for some of you, even terrified. You’ve been saving for years. The thought of starting to spend that savings makes all kinds of questions run through your mind. What if the market goes down? What if you don’t have enough? Should you start Social Security now so you have some income coming in… but, wait, you’ve read that it is better to wait and begin benefits later. How should you withdraw your money? Once a year as a lump sum? Should you take…
  • add this feed to my.Alltop

    Data "Points"

  • ‘Tipping’ Points: 4 Ways to Tell a Fad from a Trend

    29 Aug 2015 | 3:00 am
    One of the most valuable skills in my profession — and perhaps in any profession — is an ability to discern trends early. Just as valuable is the ability to discern the sometimes fine line of distinction between what may be a trend, and what may, in fact, be nothing more than a fad. Most plan sponsors have a functional aversion to the latter, and the vast majority have no real passion for being too early in the adoption of the former. After all, nowhere in the fiduciary directive to do only things that are in the best interests of participants and beneficiaries will you find an admonition…
  • 7 Things Every ERISA Fiduciary Should Know

    22 Aug 2015 | 2:00 am
    When it comes to workplace retirement plans, there are three kinds of people: people who are ERISA fiduciaries and know it, people who aren’t ERISA fiduciaries and know it, and people who are ERISA fiduciaries and don’t know it.If you’re in the first or last category — well, here are seven things that every ERISA plan fiduciary should know.If you’re a plan sponsor, you’re an ERISA fiduciary.Fiduciary status is based on your responsibilities with the plan, not your title. If you have discretion in administering and managing the plan, or if you control the plan’s assets (such as…
  • Why the ‘Ideal’ Plan Isn’t Always

    15 Aug 2015 | 12:30 am
    Advisors and providers often talk about the “ideal” plan — but ideal for what?That’s a rhetorical question of sorts — generally it means “ideal” in terms of providing a better retirement savings outcome. Indeed, I routinely see articles and commentaries (and panel presentations) that self-righteously take employers to task for not “caring” enough about their workers (or their retirement outcomes) to do the “right” things. While I think our industry views such observations as a challenge, a call to action, all too often I think policymakers and regulators — and…
  • 3 Things Plan Sponsors Should Know About Changing Providers

    8 Aug 2015 | 1:00 am
    By most industry estimates, approximately 10% of plans change providers every year.  Of course, far more consider making a change (without actually acting on it), and many changes are thrust upon plan sponsors, a consequence of poor service, or provider consolidation.Regardless of the motivation for undertaking the change, here are three things that in my experience every advisor (and provider) wishes plan sponsors understood about recordkeeping conversions — before setting them in motion.Your provider search will take longer than you think.Human beings are, generally speaking,…
  • Are You Exploiting Naïve Myopic Workers With That Employer Match?

    1 Aug 2015 | 3:00 am
    Over the years, I’ve seen some convoluted ways to rationalize undermining the tax preferences of workplace retirement plans and substituting government tax credits — but a new one just may take the cake.“A Behavioral Contract Theory Perspective on Retirement Savings,” authored by Ryan Bubb and Patrick Corrigan from the New York University School of Law and Patrick L. Warren from Clemson University’s John E. Walker Department of Economics, starts off by assuming that workers are rational, though perhaps not rational in the way you or I might consider to be rational. However, I’ll…
 
  • add this feed to my.Alltop

    Sensible Money - Scottsdale Financial Advisors

  • Navigating the Transition to Retirement

    Dana Anspach
    11 Aug 2015 | 8:31 am
    Transitioning to Retirement You’ve thought about retirement for years. Now, here you are getting close, and you feel… anxious, nervous, and for some of you, even terrified. You’ve been saving for years. The thought of starting to spend that savings makes all kinds of questions run through your mind. What if the market goes down? What if you don’t have enough? Should you start Social Security now so you have some income coming in… but, wait, you’ve read that it is better to wait and begin benefits later. How should you withdraw your money? Once a year as a lump sum? Should you take…
  • June’s Online Class – The Key to Retirement Success for Women

    Dana Anspach
    3 Jun 2015 | 7:11 pm
    You can click on photo above to register. In this free online retirement class we’re going to discuss the retirement risks that women face to a greater degree than men do. We also find that some women can be intimidated by financial terms, so we will be covering some basics such as what is a stock, what is a bond, and how mutual funds work. Then we’ll dive into subjects pertaining to how long your money lasts in retirement and how you go about planning for withdrawals as you near that phase of life. Additional Topics We’ll Cover Social Security for women Facing retirement alone Ways…
  • What is Risk? – Investment Sense April 2015

    Dana Anspach
    20 Apr 2015 | 3:28 pm
    Index Returns Through 3-31-15 In the investment world risk is most often defined in statistical terms as something called “standard deviation”. In laymen’s terms we call this volatility; the measurement of the ups and downs of the market, an entire portfolio, or an individual investment such as a mutual fund or stock. Most often standard deviation is measured as volatility experienced over a one year time frame. For the average person saving for retirement, or already retired, this standard deviation measure of risk over one year has little, if anything, to do with their financial…
  • May’s Online Class: The Key to Retirement Success

    Dana Anspach
    23 Mar 2015 | 11:42 pm
    The Key to Retirement Success – Click pic above to register. In this free online retirement class we’re going to discuss the retirement risks that you can’t control such as longevity, market returns, inflation, the economy, and how they affect how much money you will need in retirement. Then we’re going to show you how you can adjust the items you can control, such as spending, tax management, investment risk, and your retirement date, to maintain a stable life-long standard of living. This class will be live. It will run about one hour followed by questions and answers. It will…
  • Investment Sense – Feb 2015 – Diverging Returns

    Dana Anspach
    3 Feb 2015 | 7:32 am
    Index Returns Through 12-31-14 This month we want to provide a quick snapshot of 2014 results and talk about how things are shaping up as we begin 2015. Diverging Returns In 2014, while U.S. equity returns were high relative to those of other regional markets, returns within various U.S. market segments diverged. U.S. large cap stocks significantly outperformed small cap stocks. In addition, for the third year in a row the U.S. large cap market avoided a 10% market correction (which historically on average occurs about every 8 months). This unbroken streak of positive U.S. large cap…
  • add this feed to my.Alltop

    Brunswick Plantation Living

  • Unique Shops, Mini-Golf, Deli…Calabash Low Country Shops

    Bev
    3 Sep 2015 | 11:23 am
    Calabash, North Carolina is a charming coastal village with unique shops and delicious dining! Brunswick Plantation and Golf Resort ® is minutes away from Beach Drive in Calabash. Low Country Shops  are located on Beach Drive…Right in the Heart of … Continue reading → The post Unique Shops, Mini-Golf, Deli…Calabash Low Country Shops appeared first on Brunswick Plantation Living.
  • Barbara and Ron…”A Sunny New Life” At Brunswick Plantation

    Bev
    27 Aug 2015 | 2:54 pm
     Brunswick Plantation and Golf Resort ® is Blessed with a community of remarkable people that make Brunswick Plantation  perfect place for “A Better Way of Life”! The fascinating folks come here from a variety of places and offer a range … Continue reading → The post Barbara and Ron…”A Sunny New Life” At Brunswick Plantation appeared first on Brunswick Plantation Living.
  • Brunswick Plantation News and Events 8.15

    Bev
    16 Aug 2015 | 4:19 pm
    Brunswick Plantation and Golf Resort ®, in North Carolina and three to the SC State Line to Little River & North Myrtle Beach South Carolina…Is the Perfect Location for Fun in Coastal Carolina!  Our beautiful Gated Golf Community is close … Continue reading → The post Brunswick Plantation News and Events 8.15 appeared first on Brunswick Plantation Living.
  • Coastal Living News and Events 8.15

    Bev
    16 Aug 2015 | 4:12 pm
        Our lovely, gated golf Community at Brunswick Plantation and Golf Resort ® is always brimming with things to do…On the Plantation & Minutes away in North & South Carolina! Our wonderful location in North Carolina, Just minutes from … Continue reading → The post Coastal Living News and Events 8.15 appeared first on Brunswick Plantation Living.
  • Golf News from the Pro 8.15 by Brunswick Plantation Living

    admin
    16 Aug 2015 | 4:06 pm
    Hello to All: We are heading into the last few weeks of summer and mother nature has played a huge role in our golf course conditions.  After withstanding considerable drought this summer, leaving us very dry and shot of much … Continue reading → The post Golf News from the Pro 8.15 by Brunswick Plantation Living appeared first on Brunswick Plantation Living.
 
  • add this feed to my.Alltop

    Retirement And Good Living

  • Planning for the Hospital: Seven Things You Can Do to Prepare

    Bonnie Friedman
    31 Aug 2015 | 11:47 am
    Many people dream of retirement—time for travel, precious moments with family or just taking it easy. Some take classes or seminars to prepare for retirement; others talk with their financial advisers and accountants. But few of us take the time to plan for hospitalization. After all, who wants to think about ill health, let alone ...more
  • Heading south to retire in Tallahassee

    Cathy Campbell
    29 Aug 2015 | 10:58 am
    Last year we began a year rent free in Tallahassee, as we started our retirement. I had won a contest from a non-profit group called Choose Tallahassee who was targeting retired or soon-to-be retired Baby Boomer couples. (“Baby Boomers” are one of the largest generational groups in the U.S. More than 25 percent of the ...more
  • Working the Bucket List

    Carol Roullard
    28 Aug 2015 | 12:33 pm
    Do you have a Bucket List? My husband and I didn’t for the longest time. We talked about it, dreamt about what we would have on it but just didn’t get around to writing one. Maybe what prevented us from getting serious was spending time passively dreaming rather than figuring out what we really wanted ...more
  • Yes, Virginia, There’s Life after Retirement

    Carol Colborn
    23 Aug 2015 | 12:46 pm
    “Don’t just dream; dare!” That’s the first line of my book. Yes, I not only had a dream but I dared. I retired in a foreign country, traveling in an unfamiliar way with a Caucasian husband. There were indeed tremendous risks, but there were also overwhelming rewards. It was good I was financially prepared, and ...more
  • Put Yellowstone on Your Bucket List

    Len Schritter
    8 Aug 2015 | 7:06 am
    I first started going there when I was about four or five years old. Way early in the morning while it was still dark, my grandma would load up a cooler with Shasta pop and bologna sandwiches and put them in the trunk of the car. She would make sure there were plenty of blankets ...more
  • add this feed to my.Alltop

    A Satisfying Journey

  • Is Financial Security a State of Mind ?

    Bob Lowry
    4 Sep 2015 | 2:00 am
    Over the last few weeks the stock market has proven yet again it is no place for sissies. Huge drops in the Dow Jones average one day, followed by an encouraging partial recovery, only to be dashed by another fear-induced sell off makes for an emotional roller coaster. What will the Fed do about interest rates? What happened to the price of oil?China has become the financial equivalent of jello: a seemingly solid mass that quivers and shakes with each new move by their government to hold things together. And, don't even get me started on Greece.The bottom line is a financial headache for…
  • A Life of Second Helpings

    Bob Lowry
    30 Aug 2015 | 2:00 am
    Written 4 years ago, these thoughts jump out at me again, after a change-filled 2015 and a fresh start with this blogRemember second helpings? When you were younger with a body that would allow you to eat almost anything without gaining an ounce, second helpings were probably quite common. The food was good, you still had room to squeeze in more, and the platter beckoned you to help yourself. You may have felt stuffed when you were finally done, but so what. Even cotton candy was on the menu. Life was good.As we age weight seems to pile on with virtually no effort. We have…
  • The Stigma of Being Poor

    Bob Lowry
    25 Aug 2015 | 6:51 am
    Note: this is not my typical type of post. I hope you allow me to express a few strong opinions without tossing me in the trash! While a youngster, growing up in solidly middle class suburban neighborhoods of Philadelphia and Boston, I had no contact with poor people. The homeless, those down on their luck, the ill or infirm, or those who just couldn't grab their share of the American dream for whatever reason, were not part of my life.  Sure, I saw news stories on TV about their plight or heard sermons on Sunday morning about Jesus and the poor. I was aware I was economically…
 
  • add this feed to my.Alltop

    Early Retirement Extreme

  • It was me …

    Jacob
    4 Sep 2015 | 6:07 am
    I started leaving some magazines (Businessweek, Outside, Bon Appetit), in the laundry room and lo and behold, at least one other person picked up on the idea and started leaving magazines as well, so now I have access to National Geographic. Next, I’ll try leaving some CDs and see what happens. If you decide to do something similar, remember the unspoken ground rule: As long as it has not been picked up, it is still yours e.g. if it sits there for weeks or returns, it probably means that nobody is interested, and it is your job to get rid of it. Copyright © 2007-2015…
  • Bloggers should communicate their personal opinions

    Jacob
    3 Sep 2015 | 6:02 pm
    I do not recall anyone having ever informed me that they disagree with me on some issue and that they therefore will unsubscribe from my blog(*). Yet, it is something I see from time to time on large blogs. (*) Perhaps my blog is too small. It seems that there is a common sentiment or perhaps a confusion between bloggers and journalists. Some readers expect bloggers to be valuefree and restrict their writings to facts, that is, act like modern journalists. Now, there is a natural or at least observed progression for bloggers to become more journalistic in their writings as they attract a…
  • RV vs. apartment

    Jacob
    3 Sep 2015 | 6:00 am
    We just came back from one week’s vacation at the in-laws, so now I need a vacation. I always seem to need some time to recover after the bustling activity of family gettogethers. Anyway, staying in an 2.5 bedroom apartment for the first time since we moved into the RV allowed me to make some observations on what it’s like to live in an apartment from the perspective of a fulltime RV dweller. An apartment is much like an RV. It has the same things, couches, chairs, tables, kitchen. bathroom, etc. EXCEPT everything is strangely far apart. Normally in an RV, one person can be…
  • Getting in shape without paying a dime

    Jacob
    2 Sep 2015 | 5:57 pm
    Using body weight and leverage is possible to put stresses on the body that would correspond to a couple of hundred pounds in the gym. For strength, there is the one-armed push up and the one-legged squat as described in The Naked Warrior. The best thing about these exercises is that they can be done anywhere. Conventional gym wisdom teaches you to do a set to exhaustion. This is not a good idea with these. Instead, do a set that does not exhaust you every hour on the hour. Alternatively, do it whenever you go into a specific room, like the bathroom or the kitchen. 5 push ups and 5 squats.
  • MBTI and societal behavioral patterns

    Jacob
    2 Sep 2015 | 5:52 am
    I think the reason that many people have the need to spend so much money and save more than 1 million for retirement is that is that they feel that security is achieved through ownership of multi-bed/bathroom houses (castles) that are built around car garages that house full size cars or big SUVs sometimes in the form of military vehicles. This trend towards bigger and more reinforced structures has been especially strong since 9/11 and of course easy financing helped the trend along. Conversely status is demonstrated by the things (trophies?) they put in it. Big/new TVs, big/new fridges,…
  • add this feed to my.Alltop

    Retirement: A Full-Time Job

  • The Three Phases of Aging

    Retired Syd
    18 Aug 2015 | 2:32 pm
    (Photo Details:  Subway home from the Yankee's game two years ago, back when I was actually young.) Only seven years ago, people used to say, upon hearing that I was retired, “Wow, you are so young to be retired.” At some point over the last seven years, that stopped happening.  Maybe a couple of years ago, I’m not sure.  But no one really says that anymore when I mention that I am retired. Last year, when I was here in New York with my friend Kendra and her daughter Taylor, there was an incident on the subway.  An incident.  I thought it was a fluke.  We were riding the Lexington…
  • Keeping Fia

    Retired Syd
    25 Jun 2015 | 10:07 pm
    Ok, so here’s the part of the Fia story that makes me sad. After we returned home from Las Vegas, Fia’s mommy emailed me to ask if Fia was with us—Fia hadn’t been home the whole time we were gone!  She was worried about Fia and now I was worried too.  I told her we had been out of town; I just assumed she would go back home if we weren’t here.  Now I know many of us animal lovers ascribe human emotions to our pets, and perhaps this never entered her little cat brain.  But I was not only worried about where she had slept and eaten that week, I was also worried that she felt like…
  • Meeting Fia

    Retired Syd
    23 Jun 2015 | 9:51 pm
    Our back yard seems to attract a lot of cats.  They lounge around in the sun mostly, but we had seen many of the kitties drinking the sprinkler water that pools along the bottom edge of our barbeque cover.  So I started leaving a bowl of water out for our feline visitors. Always, the cats ran if I went out to try and pet them.  Not Fia.  She came right up to our sliding glass door to introduce herself.  And when I opened the door, she didn’t flee—she came right in and made herself comfortable on our breakfast table next to our computers. We became accostomed to her visits, she spent…
  • The Dog-Free Retirement (or Becoming Cat Parents--Part One)

    Retired Syd
    23 Jun 2015 | 3:22 pm
    After our dog Murphy died, we decided to take a break from pets for a while.  Once I retired, we relished the ability to travel spontaneously--and for long stretches of time--without worrying about a canine companion back home.  We figured it would be a very long time until we got another dog. I admit, our decision to wait was also impacted by the fact that we were a little bit scarred from the experience of being Beagle parents.  Beagles are not for beginners. Things that Murphy ate: Fruit (including pits) dropped from our plum tree, My dad’s $300 glasses, L’Oreal Spice #860 lipstick,…
  • Picturing Retirement: Meet Fia

    Retired Syd
    15 May 2015 | 7:52 am
    Photo Friday:  I know I said wouldn't get another dog for a long time.  At least until our traveling days wound down.  I'm a dog person, I never even considered getting a cat.  But here we are, with a kitty now.  I wouldn't say I got a cat so much as I'd say the cat decided she wanted to live here, and who am I do deny her what she wants? Next week I'll share the story of how Fia made her way into our home and our hearts. Related Posts: Picturing Retirement:  Coco-sitting     Picturing Retirement:  Quality Time     Picturing Retirement:  Enjoying Other People's Pets Can’t keep…
 
  • add this feed to my.Alltop

    Oblivious Investor

  • Investing Blog Roundup: Delaying Social Security Doesn’t Mean Delaying Spending

    Mike
    4 Sep 2015 | 5:00 am
    In Social Security discussions, it’s very common to see people protest the idea of waiting until 70 to file for benefits, with the reason that they want to spend more money in the early part of retirement than in the later part of retirement. As Allan Roth explains this week, that’s the wrong way to look at the question in many cases. Claiming Social Security early only lets you spend more money in the early part of retirement if you are literally spending all of your money each year. Assuming that you have a portfolio from which you plan to draw money over time, it often…
  • Should I Still Contribute to a 401(k) if I Plan to Retire Early?

    Mike
    31 Aug 2015 | 5:00 am
    A reader writes in, asking: “If I plan to retire well before age 59.5, should I still be contributing to my 401-K? In case it matters, I am in my late 20′s and the goal is to retire around age 40.” For a few reasons, even if you plan to prior to age 59.5, it is still probably a good idea to contribute to a 401(k) account. First, in order to retire very early, you’re probably going to have to save more per year than your maximum 401(k) contribution limit, so you will probably also have money in a Roth IRA and in taxable brokerage accounts, each of which can be…
  • Investing Blog Roundup: Responding to Stock Market Volatility

    Mike
    28 Aug 2015 | 5:00 am
    On Monday, I shared my thoughts on how to respond to a bad day or week in the stock market. Naturally, countless other financial publications have written about similar topics over the last couple of weeks. Here are a few of my favorite such articles: How Emotion Hurts Stock Returns from Justin Wolfers How to Overcome a Tough Market Environment from Christine Benz The Stock Market Plunge: What You Should Do, or Not Do from Allan Roth What to Do During Market Volatility? Perhaps Nothing from Vanguard Investing Articles Payout Rates and Returns on Income Annuities from Wade Pfau The Risks of…
  • What to Do about a Bad Day (or Week) in the Stock Market

    Mike
    24 Aug 2015 | 5:00 am
    On Thursday the U.S. stock market (as measured by Vanguard’s Total Stock Market ETF) went down by 2.17%. And on Friday it went down by 2.88%. The week’s market performance (down approximately 5.5% in total) has received quite a bit of news coverage, and if my email inbox and Facebook feed are any indication, many people are nervous — or even downright scared. This Could Be No Big Deal According to Yahoo Finance, in the last 5 years (i.e., during a roaring bull market) there have been 8 other days worse than Friday and 28 days worse than Thursday. You might say, but this…
  • Investing Blog Roundup: Fund Investors Are Making Better Decisions

    Mike
    21 Aug 2015 | 5:00 am
    This week, I particularly enjoyed a piece from Morningstar’s John Rektenthaler discussing some positive, investor-driven changes that have occurred in the mutual fund industry over the last few decades. Mutual Funds Are (Mostly) Getting Better from John Rekenthaler Investing Articles Stocks for the Long Run? from Allan Roth Writing Tuition Checks? Check Your Asset Allocation from Dan Reyes Should You Own Foreign Stocks? from Rick Ferri Annuity Pricing 102 from Wade Pfau Consumer Reports Names Betterment in Top 5 for Customer Service, along with USAA, Schwab, Vanguard and T. Rowe…
  • add this feed to my.Alltop

    Financial Ducks In A Row

  • Spousal IRAs for Stay at Home Parents

    jim@blankenshipfinancial.com (Jim Blankenship)
    4 Sep 2015 | 5:00 am
    Many parents make the decision that after their child is born one parent will stay at home to be with the child. Some of the reasons include saving on daycare expenses, and wanting at least one parent to bond and be with the child during those precious first few years of development. Whatever the reason, the stay at home parent may leave a job and lose access to certain benefits – mainly their employer sponsored retirement savings plan. Although the stay at home parent has lost this benefit, it doesn’t mean that they have to stop saving for retirement. One benefit the stay at home parent…
  • Timing of Delay Credits

    jim@blankenshipfinancial.com (Jim Blankenship)
    2 Sep 2015 | 5:56 am
    When you delay filing for your Social Security benefits past Full Retirement Age (FRA – age 66 if you were born between 1943 and 1954) you earn Delay Credits for each month that you delay. The credit amount is 2/3% per month, or a total of 8% for every 12 months of delay. When you file for benefits after delaying, these credits are applied to your PIA. The timing of the application of your credits is not immediate, though. Delay credits are added to your benefit only at the beginning of a new year, so this can cause a bit of confusion as you begin receiving benefits. Example For example,…
  • Vacation Home Rentals and Your Income Taxes

    jim@blankenshipfinancial.com (Jim Blankenship)
    31 Aug 2015 | 5:52 am
    You may have a vacation home that you only spend a small amount of time at each year, and the rest of the time you rent the home out to other folks who wish to vacation in your little slice of heaven. The rents that you receive is considered taxable income, to the extent that it exceeds the applicable expenses. Plus, if the vacation home is partly used for your own purposes, the expenses (allocated to the time the property is rented) cannot exceed the amount of rent income from the property (you can’t claim a loss). Recently the IRS issued their Summertime Tax Tip 2015-03 which details…
  • Advice to the Masses May Not Apply to Individuals

    jim@blankenshipfinancial.com (Jim Blankenship)
    28 Aug 2015 | 5:00 am
    Last week on my ride home from a meeting I had the opportunity to tune into a nationally syndicated talk show regarding personal finance. The host is very popular among listeners and has written several best sellers. Many churches and schools follow the financial program designed to educate individuals on how to set a budget, get out of debt and save for retirement. Generally, the advice given is applicable to many individuals. Sometimes it’s not. A listener called into the show and explained that she had approximately $100,000 in an annuity in an IRA. The annuity paid an interest rate of…
  • Traveling for Charitable Purposes

    jim@blankenshipfinancial.com (Jim Blankenship)
    26 Aug 2015 | 6:00 am
    Sometimes charitable work involves travel – such as for the Red Cross, for example. Did you know that your travel expenses for charitable work can be a tax deduction? Recently the IRS sent out a Summertime Tax Tip (2015-12) that outlines some valuable information about this deduction. Tips on Travel While Giving Your Services to Charity Do you plan to donate your services to charity this summer? Will you travel as part of the service? If so, some travel expenses may help lower your taxes when you file your tax return next year. Here are several tax tips that you should know if you…
  • add this feed to my.Alltop

    Personalincome.org

  • Why Investors Should Love Private Money Lending

    Kevin Mercadante
    1 Sep 2015 | 9:08 am
    In the low interest rate environment we are currently in, private money lending offers an excellent alternative to traditional fixed income investments. You can invest your money in private money loans, and earn a much higher rate of return than you can at a bank, with a bond, or even in high yield “junk bonds”. What are Private Money Loans? “Private money loans” is a blanket term that is generally used to describe loans from non-bank sources. Loans can be provided by individuals or organizations, and while they may incorporate some of the characteristics of traditional bank lending,…
  • Robert Farrington Shares How Millennials Can Overcome Financial Hurdles to Invest Early On

    Amanda Abella
    18 Aug 2015 | 7:13 am
    We all know by now that the earlier you start investing the better thanks to this seemingly magical concept called compounding. The problem is most millennials still aren’t doing it. Earlier this year CNN reported that 93 percent of millennials say that they both distrust banks and have a lack of investing knowledge, which makes them scared of putting their money in the market. The same article also reported how millennials are holding over 40 percent of their portfolio in cash. It’s no surprise that this generation has a fear of investing. The world welcomed them into the market with the…
  • VantagePoint Software Review – Up to 86% Trading Accuracy

    Donny Gamble
    16 Aug 2015 | 8:11 am
    There are hundreds of trading tools available online, but VantagePoint software takes up a spot all of its own. This is because it uses inter-market predictive analysis software, meaning it predicts what tomorrow’s prices will be. This sounds like an incredibly complicated algorithm is used, which is true, but VantagePoint believes they have created something easy to use and easy to understand. I had to give it a try. What is VantagePoint Software? The software was developed by world famous trading software pioneer Louis Mendelsohn. He broke ground in the late 1970s and early 1980s with the…
  • Real Estate Crowdfunding – The New Evolution of Investing in Real Estate

    Kevin Mercadante
    10 Aug 2015 | 10:02 pm
    Investing in real estate crowdfunding has actually been going on for a very long time. The problem, from a small investor standpoint, is that in order to participate you need to be an accredited investor. Because of the financial requirements needed to be an accredited investor, the vast majority of investors have not been able to participate in real estate crowdfunding. With the relatively recent passing of the JOBS ACT, that situation may be changing, and real estate crowdfunding is now beginning to gradually move to include small investors. What is Real Estate Crowdfunding? Crowdfunding…
  • Is Wall Street Dead? An Interview with Kriss Bergethon of The Franklin Society

    Sarah Li Cain
    4 Aug 2015 | 5:03 am
    Read up on most books on investing, and they’d encourage you to put your money in the stock market. You are mistaken though if you think that putting money in investments different ETFs and mutual funds is going to help you diversify. In fact, you’re probably being misled into thinking you’re really in control of your financial future. So what can do to generate wealth if Wall Street isn’t the answer? Benjamin Franklin’s Wealth Building Model While investing in paper assets can be good for the long term, to really diversify, you might want to think about a different…
 
  • add this feed to my.Alltop

    Florida Retirement Plan | RSS Feed

  • Stuck in Traffic?

    Gardner Sherrill
    31 Aug 2015 | 8:33 am
    ​How bad is traffic congestion in the United States? It’s so bad, the average American spends the equivalent of about five vacation days sitting in traffic every year – and that’s just the tip of the iceberg.As it turns outs, the Great Recession had a silver lining – less traffic and less congested roads. Today, […] The post Stuck in Traffic? appeared first on Florida Retirement Plan.
  • From Abstract to Reality: The Potential Effects of Rising Rates

    Gardner Sherrill
    24 Aug 2015 | 8:09 am
    When the economic data align, and the Federal Reserve pulls the trigger on tighter monetary policy, rising interest rates may affect everything from mortgage rates to bond yields to economic growth. Here are a few of the possible consequences: Higher demand for short-term bonds. When interest rates rise, bond values fall, and vice versa. However, […] The post From Abstract to Reality: The Potential Effects of Rising Rates appeared first on Florida Retirement Plan.
  • What Does the Future Hold?

    Gardner Sherrill
    17 Aug 2015 | 8:29 am
      It’s not stuff most of us think about every day, but we may soon be a lot more familiar with terms like brain organoids, megascale desalination, Internet balloons, liquid biopsies, and more. At least, that’s what the MIT Technology Review reported in Breakthrough Technologies 2015: “Not all breakthroughs are created equal. Some arrive more […] The post What Does the Future Hold? appeared first on Florida Retirement Plan.
  • Feeling Overwhelmed?

    Gardner Sherrill
    10 Aug 2015 | 8:29 am
    Are you overwhelmed at work? Last year, the most popular chapter in Deloitte University Press’ Global Human Capital Trends 2014 report was titled, “the overwhelmed employee.” It’s not all that hard to understand when you consider just these facts from the 2015 report: Are you overwhelmed at work? Last year, the most popular chapter in […] The post Feeling Overwhelmed? appeared first on Florida Retirement Plan.
  • More Sleep, More Money

    Gardner Sherrill
    3 Aug 2015 | 8:38 am
    If you sleep more, you may earn more money. Researchers were trying to evaluate the importance of sleep so they focused on two American cities in a single time zone: Huntsville, Alabama (on the eastern edge of the central time zone) and Amarillo, Texas (on the western edge of the same time zone). The sun […] The post More Sleep, More Money appeared first on Florida Retirement Plan.
  • add this feed to my.Alltop

    Bankrate.com » Retirement

  • 6 rules for homemakers

    Jennie Phipps
    3 Sep 2015 | 9:35 am
    Getting your financial ducks in a row is particularly important if you are going to be a spouse without a job outside of the home.
  • Will you get an A+ in retirement math?

    Jennie Phipps
    2 Sep 2015 | 12:47 pm
    Savings calculations don't add up for most workers, says management consultancy Aon Hewitt.
  • Retiring behind bars

    Jennie Phipps
    1 Sep 2015 | 1:05 pm
    Keeping people in prison when they are old and troubled by the diseases of aging is expensive, but is it right to set lifetime criminals free?
  • Get your no-cost flu shot

    Jennie Phipps
    31 Aug 2015 | 12:06 pm
    Medicare pays for preventive care. Get your flu shot and other cost-free care that can keep you healthy.
  • Will long-term care cover a CCRC?

    Jennie Phipps
    27 Aug 2015 | 10:00 am
    Long-term care insurance may cover a stay in a continuing care retirement community, but getting the insurer to pay up could be a challenge.
  • add this feed to my.Alltop

    Redwood Advisory

  • SMSF Lending: Here To Stay

    Ivan Filipovic
    25 Aug 2015 | 4:53 pm
    Late 2014, the “Financial Systems Inquiry Report” (“FSI”), provided 44 recommendations, one of which was a proposed “Ban on limited recourse borrowing arrangements” or SMSF Loans. This caused significant uncertainly for SMSF professionals and investors. Last week, there has been a major development with Assistant Treasurer Mr Josh Frydenberg gave the biggest indication that SMSF loans are here to stay. There will be no ban on SMSF Loans, however borrowing rules may be tightened. What are SMSF Loans? Under Superannuation Law, you can set up an SMSF and borrow to invest in property.
  • 30 JUNE 2015 SMSF YEAR END CHECKLIST & STRATEGIES

    Ivan Filipovic
    23 Jun 2015 | 11:12 pm
    The end of the financial year is fast approaching. We will now address some of the key strategies that must be considered pre 30 June 2015. Self managed superannuation funds (“SMSF’s) are about strategy, and your strategy needs to be compliant with Superannuation Law. A sound SMSF strategy will ensure you achieve the maximum tax benefits for your fund and will improve your retirement balance in the long run. We have identified key strategies and compliance considerations for your in preparation for 30 June. 1. Contributions Be sure to take advantage of concessional contributions before 30…
  • SMSF Loans & Borrowing Checklist

    Ivan Filipovic
    21 Jun 2015 | 4:52 pm
    Redwood Home Loans and Redwood Advisory SMSF Specialists will guide you through the SMSF Loans process from SMSF Set-up to settlement to ensure there are no surprises. After all – SMSFs are supposed to be fun. Below we describe the steps taken to ensure a smooth SMSF Loan process. 1. Your SMSF must be established before your purchase a property or apply for a loan Before you apply for a loan or sign a contract of sale for the purchase of property, Redwood Advisory will establish the SMSF before SMSF property purchase date. 2. The SMSF Trust Deed must be compliant It is important that your…
  • A Beginner’s Guide To Buying Property

    Ivan Filipovic
    28 May 2015 | 9:09 pm
    Buying property is an exciting experience, particularly if it is your first time. But, it can also be a daunting experience particularly constant press around the property bubble. Therefore it is important to surround yourself with a property investment advisor to determine your investment strategy for financial freedom. Currently, first home buyers are presented with a booming property market and record low interest rates. Buying property can be done alone or with the help of a trusted property investment advisor to find the right property to meet you needs. In fact the first step in the…
  • Buying Your First Home: Saving For A Home Loan Deposit

    Ivan Filipovic
    13 May 2015 | 12:54 am
    With interest rates at record lows – many Australians are asking the question – “How much do I need for a deposit to purchase my first home?”. This question will then determine the amount of your loan and ultimately your borrowing power. The bigger your deposit, the smaller your loan will be and the less you’ll pay in interest. We recommend that you save as much as you can, an acceptable amount will be 20% of the property price if possible to achieve a 80% Loan to Value Ratio. If you exceed 80% you will incur Lenders Mortgage Insurance (“LMI”) which protects the lender in the…
 
  • add this feed to my.Alltop

    Innovative Advisory Group

  • The Stock Market Crash 2015 – 9 Stock Market Tips to Help You Sleep at Night

    Kirk Chisholm
    27 Aug 2015 | 10:20 am
    The Stock Market Crash 2015 – 9 Stock Market Tips to Help You Sleep at Night   “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful” -Warren Buffett Stock Market Crash 2015 - Should you be scared? 2015 has been an interesting year for stock investors. 2015 started out with the S&P 500 opening at 2058.9. From there the index has fluctuated between +3.8% and -4.1%. When investors are accustomed to getting 6 years in a row of positive gains, it is hard to imagine what a down year looks like. In the past week the S&P 500…
  • Inflation Monitor – August 2015

    Kirk Chisholm
    19 Aug 2015 | 7:45 am
    Inflation Monitor – August 2015 Inflation Monitor Summary - Composite Ranking   * The Inflation Equilibrium is a quick summary for the whole data series of the inflation monitor. If you don't like statistics, this is the chart for you.   Inflation Monitor - August 2015 - Introduction The lazy days of summer are almost over. As the summer ends, the Wall Street traders and money mangers will also be going back to work. If you looked at a chart of the S&P 500 without the dates, you would not be able to tell which days were summer days and which were not. It looks like…
  • 10 Top Alternative Investments You Probably Have Never Heard of

    Kirk Chisholm
    10 Aug 2015 | 7:17 am
    10 Top Alternative Investments You Probably Have Never Heard of     “Curiosity about life in all of its aspects, I think, is still the secret of great creative people” – Leo Burnett Most people are familiar with the stock market. There are TV stations which have the stock market and stock market related information on 24 hours every day. It is hard to escape it. When the stock market crashes, it makes the headlines in every newspaper, news station, and media outlet. When it reaches all time highs, it is on every magazine cover, even the shoeshine boys are talking about it. But…
  • 10 self directed IRA tips to help real estate investors maximize profits

    Kirk Chisholm
    30 Jul 2015 | 7:20 am
    10 self directed IRA tips to help real estate investors maximize profits     “Self Directed IRAs are one of the best laws the US government has ever passed” Can I invest in real estate with my Self-Directed IRA? “Self Directed IRAs are one of the best laws the US government has ever passed”, an investor once told me. It is hard to argue that point. In 1974, congress passed the Employee Retirement Income Security Act, often referred to as ERISA, enabling US taxpayers to save money for their retirement in a tax deferred manner. The best part of this program (outside of the…
  • Inflation Monitor – July 2015

    Kirk Chisholm
    23 Jul 2015 | 7:05 am
    Inflation Monitor – July 2015 Inflation Monitor Summary - Composite Ranking * The Inflation Equilibrium is a quick summary for the whole data series of the inflation monitor. If you don't like statistics, this is the chart for you.   Inflation Monitor - July 2015 - Introduction I hope you enjoyed your Independence Day. While Greece may not have the same appreciation of our holiday, they had one of their own... A Bank holiday. While the Greek Crisis in Europe seems to be solved??? The greater problem persists. The Greek people voted a resounding "NO" on the terms and the Greek…
  • add this feed to my.Alltop

    Now It Counts

  • Not So Fast, NFL – Judge Berman Tosses Brady’s Deflate Gate Suspension

    Michael Lazar
    3 Sep 2015 | 3:56 pm
    Following a seven month debacle that has made the NFL nearly the laughing stock in professional sports, Judge Berman issued his ruling today, tossing Tom Brady’s four-game suspension for Deflate Gate and setting up the likely NFL appeal. Federal Judge Richard M. Berman issued his ruling today, saying that the four-game ban on Tom Brady ... The post Not So Fast, NFL – Judge Berman Tosses Brady’s Deflate Gate Suspension appeared first on Now It Counts.
  • 5 Reverse Mortgage Questions You Should Ask First

    Michael Lazar
    3 Sep 2015 | 9:34 am
    Taking out any type of home loan is one of the biggest financial decisions that most people will make in their life. So when it comes to reverse mortgage questions, it’s always helpful to prepare a list beforehand. What reverse mortgage questions should you ask before you start the process? According to the Federal Reserve, ... The post 5 Reverse Mortgage Questions You Should Ask First appeared first on Now It Counts.
  • Will You Binge Watch Sports Or Your Favorite TV This Holiday Weekend? Then Read This First

    Buck Wargo
    3 Sep 2015 | 9:23 am
    Sitting for too long can lead to pulmonary embolism. What do you have planned this Labor Day Weekend? Like most of us, you’ll be catching up on something you’ve been missing – whether it’s sleep, travel, or time with friends or family. Or maybe you’ve got a well-earned date with your DVR or Netflix to ... The post Will You Binge Watch Sports Or Your Favorite TV This Holiday Weekend? Then Read This First appeared first on Now It Counts.
  • A Lifelong Football Fan Doesn’t Think Ohio State Can Repeat – Do You Agree?

    Buck Wargo
    2 Sep 2015 | 8:46 am
    Some new surprises put SEC at a disadvantage, so my surprising pick for who’s going to take it all home. It’s going to be hard to bet against the defending college football champs of Ohio State this year. (Sorry, Michigan fans.) Yet, I’m going to do it. The Buckeyes were impressive in their march to ... The post A Lifelong Football Fan Doesn’t Think Ohio State Can Repeat – Do You Agree? appeared first on Now It Counts.
  • Head-Turning Lamborghini Aventador Packs 690 Horses Under Seductively Styled Hood

    Michael Lazar
    2 Sep 2015 | 8:37 am
    If you have yet to ride in the bodacious Lamborghini Aventador (and most of us never will), it’s one hell of a ride. We’ve already teased your appetite with the new Ford GT, the Maserati Gran Turismo, the Ferrari F12 Bernlinetta Coupe and the McLaren 675LT. But we didn’t forget Lamborghini along the way. The ... The post Head-Turning Lamborghini Aventador Packs 690 Horses Under Seductively Styled Hood appeared first on Now It Counts.
  • add this feed to my.Alltop

    Things could be worse

  • Top 22 Things You Need to Do in Your 20s and 30s to Make Sure You Have an Epic Retirement

    Dr. Rin Porter
    14 Aug 2015 | 2:51 pm
      If you’re a person in your 20s or 30s, you may think of your own retirement as something that will happen in the distant future. And that’s probably true. You’ll have 30 to 40 more years to work before you turn 55, 60, 65, or 70 and decide to stop working and retire. But although your retirement is many years away, you can take steps now to prepare for that event. You can assure your financial security and your personal happiness by acting now. With consistent saving and a frugal lifestyle, you can amass a personal fortune during the next 30 to 40 years. Think it’s impossible?
  • Three retirement books every Boomer should read

    Dr. Rin Porter
    4 Aug 2015 | 2:03 pm
    Why you need to read books about retirement For most of us, retirement is a subject we know little about. No one gave us any training in how to retire. Probably the only thought we gave (or are giving) to retirement in our 30s and 40s was that we believed we’d be retired “some day.” And maybe a Human Resources person at work told us we should contribute to our 401K or 403B or other form of retirement account. And maybe our dad told us to “be sure you are saving for your retirement!” along with other advice we listened to and then immediately forgot about. Who wants to think about…
  • A year of learning – the first anniversary of my retirement blog

    Dr. Rin Porter
    25 Jul 2015 | 11:28 am
    The year in review Credit: 123rf.com It’s been exactly one year since I published the first post on this blog. During the past 12 months I’ve published 52 posts – just about one per week.  That was my plan, and I managed to stick to it. I wrote a number of posts about retirement itself, planning for it, adjusting to it, revising the plans, handling difficulties, accepting change, and learning how to be grateful for all of it. Other posts addressed environmental issues, women’s issues, civil rights, housing, hobbies, family history, books, nature, travel, and health.
  • Creating good routines in retirement (or any time)

    Dr. Rin Porter
    17 Jul 2015 | 1:44 pm
    Credit: www.freedesign4.me Are you struggling to find the best ways to spend your time? Do you find it difficult to get up and get going in the morning, whether to a job or to some other destination? Are you newly retired and don’t know what to do with yourself now that you’re not working? Have you been retired for a while, but are feeling aimless and lost? Well, have I got a deal for you!  Routines!  Creating good routines in retirement (or any time) can help you recover your enthusiasm for living each day to the fullest. Good, well-designed daily and weekly routines may be just what…
  • You CAN deal with frustration successfully!

    Dr. Rin Porter
    8 Jul 2015 | 8:51 am
    We all experience frustration.  I bet you can name four or five issues you have right now that are causing you to feel frustrated. I think I can help you if you’ll read this article all the way to the end. Here’s what  I want you  to do after reading this: Try the tips for dealing with frustration. Change your expectations for yourself when you feel frustrated. Why I decided to write about frustration Recently I had to deal with a whole series of situations that were frustrating to me. As the aggravations piled up, I became more and more upset. I needed to deal with the…
 
Log in