Archive - October 14, 2011

1
How To Find Your Fulfilling Retirement Pre-Retirement
2
How to Fix Social Security Once and For All
3
Is Retiring to a Tax Friendly State Worth It?

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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How to Fix Social Security Once and For All

Much has been written about the ills of our Social Security system as it stands today.  There has been considerable banter about how the system is a Ponzi scheme (it’s not), how it will go bankrupt soon (it can’t), and how we’ve got to do something about it soon (we do) like abolishing it completely (we can’t).

The above issues have already taken up a lot of cyber-paper, as many other writers have covered them far more completely than I will attempt here.

Briefly, the Ponzi concern is out of the question, as the Social Security system isn’t a savings …

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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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