Category Archives: financial planning

46% Of Millennials Think They Need $1000 To Start Investing. Is That True?

This is an interesting article by Emmie Martin with CNBC (with a few tweaks of my own). Many millennials may be hesitant to invest in the stock market out of fear of another collapse, but there's also a strong contingent who simply don't know that they're eligible to start. A recent survey from financial services app Twine found that…
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7 Ways To Stretch Your Retirement Savings

This was a great article I found from U.S. News & World Report by Tom Sightings, with a few of my own additions. Running out of money is one of the biggest fears people have after they retire. But there are lots of ways to prevent outliving your savings and put your mind at ease…
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How Tax Law Changes Will Affect Your Charitable Giving Deductions

The 2018 tax law changes still allow you to deduct charitable donations, but due to some differences in the new law, many of you will no longer benefit from your charitable donations.  The standard deduction for a couple is now increased to $24,000.  This means that it may be in your best interest to take…
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Memorial Day 2016!

I want to say thank you to all the men and women who have given their lives in the service of our country, and to their families who let them serve.  Have a wonderful and safe weekend everyone!
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Should I Use A Roth IRA?

The Roth IRA first came about through the Taxpayer Relief Act of 1997, and is named after its chief legislative sponsor, Senator William Roth of Delaware.  The Roth IRA allows a taxpayer to contribute money that you've already paid taxes on (or, after-tax dollars) into an individual retirement account.  The money then grows TAX FREE…
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Boomerang Generation

The "Boomerang Generation" is a subset of Millenials who have either returned home following college, or are still living at home well into their 20's and 30's.  According to a recent study by Pew Research, about 3 in 10 young adults ages 25-34 are living at home with mom and dad.  A weak economy is…
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7 Retirement Surprises

This is a great article that was written yesterday about common issues that those planning to retire need to consider.  Written by Tom Sightings from the US News.  Very good info! What's the scariest thing about retirement? The things we don't know. There are bound to be some surprises in retirement. But here are seven…
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The Magic Withdrawal Rate For Retirement

This is an article from Investment News that came out last year.  I'm not sure a 40% stock allocation would be right for everyone, but the point is still the same.  The low interest rate environment that we are in could last for some time before going back to more normal rates.  This has a…
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