Even if you're not ready to retire, understanding how you benefit from Social Security can help with your retirement plans.
While divorce may be hard on your emotional wellbeing, you shouldn’t let it impact your retirement plans.
Living on a fixed income can be difficult. Do you know how taxes will affect your financial health in retirement?
While you might have been planning your retirement for many years, there may come a time when you need to retire earlier than expected.
It's not always pleasant to think about the possibility of needing long-term care, but it's a necessary part of getting older.
On December 6th, 2018, Summit View Wealth Management hosted an event “Women: Wired to Invest” at the Carnegie Museum of Art.
Things you can do for your future as the year unfolds. Provided by Brad Tiche What financial, business, or life priorities do you need to address for 2019? Now is a good time to think about the investing, saving, or budgeting methods you could employ toward specific objectives, from building your retirement fund to lowering your taxes. You have plenty of options. Here are a few that might prove convenient. Can you contribute more to...
You may see some significant tax benefits by making these moves. Provided by Brad Tiche The end of 2018 presents bond investors with opportunities. This is a prime time to consider bond swaps (or tax swaps as they are sometimes called), in which you sell certain bonds at a loss and replace them with others. Every investor wants to lessen his or her tax liability, and this is one way to pursue that goal. At...
It seems high time to dispel some of these misconceptions. Provided by Brad Tiche Generalizations about money and retirement linger. Some have been around for decades, and some new clichés have recently joined their ranks. Let’s examine a few. “When I’m retired, I won’t really have to invest anymore.” Society still sees retirement as an end instead of a beginning – a finish line for a career. In reality, retirement is the start of a...
Start your “second act”, and your vision of the future may be revised. Provided by Brad Tiche How much have you saved for retirement? Are you on pace to amass a retirement fund of $1 million by age 65? More than a few retirement counselors urge pre-retirees to strive for that goal. If you have $1 million in invested assets when you retire, you can withdraw 4% a year from your retirement funds and receive...
Some alterations to the Internal Revenue Code were less publicized than others. Provided by Brad Tiche Late last year, federal tax laws underwent sweeping changes. Nearly a year later, you can be forgiven for not keeping up with them all. Here is a look at some important (yet underrecognized) adjustments that may affect the numbers on your 2018 federal return. 1 First, most miscellaneous itemized deductions are gone. The Tax Cuts & Jobs Act of...
Comparing their features, merits, and demerits. Provided by Brad Tiche How do you save for retirement? Two options probably come to mind right away: the IRA and the 401(k). Both offer you relatively easy ways to build a retirement fund. Here is a look at the features, merits, and demerits of each account, starting with what they have in common. Taxes are deferred on money held within IRAs and 401(k)s. That opens the door for...