Author - Claire Emory, MBA, CFA, CFP®

1
Retirement Planning Can Ease Anxiety
2
Children, Taxes, and Unearned Income
3
Why Not Save for Christmas in July?
4
Investment 101: Choosing and Selling Profitable Investments
5
It’s Okay to Start Social Security Earlier Than Planned

Retirement Planning Can Ease Anxiety

Louise Nayer, author of Poised for Retirement: Moving From Anxiety to Zen, kept a diary right before she officially retiring and during the first few years of retirement and she used this, along with interviews and research, to write a book to help retirees.

Nayer told Forbes in an interview that she found whether people were well prepared or ill prepared for retirement, they were all worried about money.

In hindsight, Nayer considers some financial decisions her family made and says she might have done some things differently. She muses that her children may have been just …

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Children, Taxes, and Unearned Income

There have been recent news stories about officials in different places shutting down lemonade stands and other business enterprises set up by children for various reasons, including permits, health code concerns, and taxation issues. We may assume that children are free from the same taxes that apply to adults but that is not so. Some children have income they earn and income that they get from investments and tax law treats these categories of income differently.

In “Generational Financial Planning Within the Kiddie Tax Limits,” writing for Forbes, David John Marrotta examines tax law as it applies …

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Why Not Save for Christmas in July?

July 25, is known as Christmas in July. The retail calendar does not always match our own and people tend to remark when they see Halloween decorations in the summer or swimsuits on sail in the winter. And some retailers try to entice shoppers to spend more for Christmas in July. But rather than being enticed to spend, you could use Christmas in July as an opportunity to think ahead and save for the winter holidays.

While it is important to save for a general emergency fund, some people find it is easier to save with a specific goal in …

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Investment 101: Choosing and Selling Profitable Investments

In “How to Fund Your Retirement Without Selling Off Your Investments,” The Motley Fool explains the two ways people usually make money after investing in stocks and bonds: selling once the investment is worth more (capital gains) or getting a monetary reward from the organization you invested with (dividend or interest).

This explanation points the way towards how one can retain investments and still profit from them:

“Choosing investments that will produce lots of income for you is an important part of retirement planning.”

When you have an investment that offers dividends or interest, you profit without selling. …

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It’s Okay to Start Social Security Earlier Than Planned

There are a number of sayings about how you can make plans for your life and not be able to see them through. Financial planning is not something you do to guarantee that things will go your way but a way to ensure that you are prepared for whatever life may throw at you. It’s okay to start social security earlier than you had planned.

After hearing from a senior who felt like a failure because of the need to start Social Security earlier that anticipated in an online chat, Washington Post finance columnist Michelle Singletary responded:

“If you need

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