Author - FiGuide

1
The Benefits of Waiting to Take Social Security
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The 3 Best Financial Calculators
3
How To Find Your Fulfilling Retirement Pre-Retirement
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Is Retiring to a Tax Friendly State Worth It?
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How to Avoid the Biggest Mistakes When Buying a House

The Benefits of Waiting to Take Social Security

Here are some stats that might raise an eyebrow or two.

Suppose you’re a single woman who was born in 1949 and earns $60,000 a year.  If you filed for social security benefits at 62, you would receive $1,126 a month. Wait until 70, and you’ll receive $2,123 a month.

That’s a thousand dollars more a month – not small change for anyone – and especially important in today’s economic climate.

In fact, according to Sandra Block of USA Today, if we factor in average lifespans and look at total lifetime benefits, filing at 62 would produce benefits of …

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The 3 Best Financial Calculators

Ever found finance as dull as dish water?

Don’t worry, you’re not alone. But there are things out there that can make life that little bit easier – and even one that helps us remember how lucky we are amid all the economic doom and gloom of the last few years.

The first is a simple tax calculator that lets you enter your scenario, compare your tax with the Bush cuts and without, and turn the AMT patch on and off.

The second is a cool way of figuring out how to get the best value for money with everything …

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How To Find Your Fulfilling Retirement Pre-Retirement

It’s now more likely than ever that we’ll be working past retirement age, so we took a look at the personal experience of one of our advisors, Carol Friedhoff, and the lessons she learned.

The first and most important thing she says is to know what your goals are. “If you don’t know where you are going, how do you know that you got there? I could not have accomplished anything without a plan.”

So make sure you know where you’re going and why. There’s no point working hard unless you know what you’re working for.

Secondly, do your …

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Is Retiring to a Tax Friendly State Worth It?

 

 

 

 

 

 

 

Ever thought about retiring to a tax-advantaged state to lower your bills? Do you really think it’s worth it?

With help from Mary Beth Franklin of Kiplinger, we found that we need to look at the big picture when deciding – focusing only on state income taxes isn’t enough.

Many states have an income tax but offer generous exemptions for retirement income. This can often end up leaving you better off overall.

Many of them exclude government and military pensions from income taxes, too, or offer blanket exclusions up to specific dollar …

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How to Avoid the Biggest Mistakes When Buying a House

 

 

 

 

 

 

 

Our home is our castle, right? Well, it can be, but it can also be a real burden if we commit to something we can’t afford.

According to wealth coach Fern Alix LaRocca, home buyers need to get the following things right when buying a home:

First, Fix Your Credit Rating

Fix it first and you will save money on better mortgage rates – you’ll pay less interest over the life of the loan.

 Get the Right Sized House

Don’t buy a house that’s too big and spend more than you need to. …

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