Author - David John Marotta, CFP®, AIF®

1
How to Readjust Your Retirement Plan
2
Invest Even When Afraid
3
How to Plan for Retirement
4
Generational Financial Planning Within The Kiddie Tax Limits
5
Morgan Stanley Is A Terrible Choice

How to Readjust Your Retirement Plan

It is important to know how much you should be saving. Every year you delay adequately funding your retirement cuts in half your retirement standard of living.

Imagine Fred and Wilma, now in their forties, with savings of $250,000 and an income of $55,000. They project that putting $1,036 a month into savings this year will meet their goal of retiring at 65. But that projection is only good for the coming year.

Projections are like blinking your eyes open as you are walking quickly. They give you a quick snapshot of where you are and what direction you …

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Invest Even When Afraid

The US markets have set new highs. As of June 30, 2017, the S&P 500 Total Return Index is up 9.34% year to date. Foreign markets are doing even better with the MSCI EAFE Index of Foreign Developed Countries up 13.81% and the MSCI Emerging Market Pirce Index up 17.22% year to date.

That being said, investors are noticeably scared, because they know that the markets can go in both directions.

The stock market is inherently volatile, but it is also inherently profitable. Everyone would want to have invested as much as possible 30 years ago, even knowing all …

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How to Plan for Retirement

Most families have not planned for their retirement. They may save toward their retirement, but without a plan their saving is random and haphazard. Retirement decisions today can only be made in the context of accurate math projections that span decades. Saving what you can and hoping for the best is an expensive and dangerous approach.

Every seven years you delay can cut your retirement assets in half. That means that if you under fund your retirement for the next seven years you will have to save double what you should have saved in the following 7 years in order …

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Generational Financial Planning Within The Kiddie Tax Limits

The kiddie tax (or “Tax for Certain Children Who Have Unearned Income” as the IRS calls it) is a set of tax laws which force unearned income over a small amount to be taxed at the higher tax rate of the parents. For 2017, the kiddie tax limits allows $1,050 to be received without being taxed and the next $1,050 to be taxed at the child’s rate, while any unearned income in excess of $2,100 is taxed at the parent’s top marginal rate.

This tax can cause the children of wealthy parents to lose any preferential treatment of qualified dividend …

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Morgan Stanley Is A Terrible Choice

Recently Mason Braswell wrote an article entitled “Morgan Stanley Purges Vanguard Mutual Funds” which opens,

Morgan Stanley is slamming the door on selling Vanguard Group mutual funds, the latest attempt by a big brokerage firm to retaliate against the low-cost fund giant for refusing to pay for access to its salesforce.

The article goes on to say that Morgan Stanley requires other mutual fund companies to pay $250,000 to $850,000 annually for “shelf space.” This pay-to-play model of selecting a customer’s mutual fund options is so obviously not in the client’s best interest as to make it remarkable …

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