Imagine: You’ve worked hard over the years to grow and manage your assets so you can leave a lasting legacy to your family and ensure they are taken care of when you are gone. Now imagine that your family, unfortunately, is irresponsible with your assets and within two years, they’re pretty much depleted. It’s not […]Read More
If you own a home, car, cryptocurrency, or shares of a company’s stock, you have capital assets. Selling these items for a profit could trigger a capital gains tax. As is standard with the U.S. tax system, the capital gains tax isn’t easily understood. What are Short-Term vs Long-Term Capital Gains? Short-term capital gains and […]Read More
When you consider building your nest egg, Roth options can be extremely valuable. When it comes to Roth IRAs, one of the greatest benefits is they allow qualified investors to enjoy tax-free withdrawals of their money in retirement. A Backdoor Roth IRA allows people with high incomes to sidestep the Roth’s income limits. What Is […]Read More
Congrats! Your kids are out of the house, your mortgage may be paid off, and you’re ready to retire. So now the question is: Where should you retire? There are some states that might offer a better retirement lifestyle and have certain financial benefits, but the right place will depend on what’s most important to […]Read More
Many people spend years dreaming of what their retirement will look like. In addition to all of the financial planning that goes into it, you’ve probably also dreamed about what you’ll do with your newfound free time. Finally, you may have given some thought to where you’ll live. Sure, southern states like Florida and Texas […]Read More
In February 2012, I decided to negotiate a severance to break free and retire early. By mid-June 2012, right before my 35th birthday, I had received a severance check and the last of my three months of WARN Act pay. These past 10 years have flown by. Although I missed out on likely millions of […]Read More
You may have heard the term high net worth individual, or HNWI (not to be confused with a HENRY). In this article, we will: Define a high net worth individual Explain how HNWIs are determined Give personal finance tips on how to become one Defining High Net Worth Individual As the name implies, a high […]Read More
A profit-sharing plan is a type of retirement plan that companies of all sizes can offer to their employees. These plans allow companies to pass along some of their profits to employees in a tax-advantaged way. They come with plenty of benefits for both employers and employees, including helping companies to attract skilled workers and […]Read More
When planning for retirement, it’s important to consider where you’ll spend your golden years. There are countless places to choose from, each of which has its own advantages and disadvantages. If you’ve considered retiring in Montana, this article is for you. We’re sharing the benefits of retiring in Montana, as well as the top 10 […]Read More
Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
