This week’s carnival deals with retirement plans and plans to retire. We hear some talk about retirement accounts, a blueprint for retiring early, and that baby boomers are going back to work.
A light hearted look at Bert and Ernie’s politics.
It’s time to consider adjusting your retirement savings. The Internal Revenue Service recently issued a variety of inflation adjustments for 2013, and retirement savers can now save even more.
If you own real estate in different states, you may be leaving a mess of nightmarish proportions for your executor (the person who oversees and distributes your assets when you die). Here’s how to reduce the headache.
“Sesame Street,” for example, made more than $211 million from toy and consumer product sales from 2003-2006. Sesame Workshop President and CEO Gary Knell received $956,513 in compensation in 2008.
Perhaps the most significant part of the vice presidential debate was the exchange over Romney’s proposal to lower tax rates by 20% and close loopholes and deductions. Does the math add up?
Does flatting and reducing the top rates by 20% and eliminating deductions collect the same amount of tax?
David John Marotta was featured on radio 1070 WINA’s Schilling Show on October 9, 2012 discussing politics and the upcoming election, focusing on small businesses and their tax burden.
Since the time of Adam Smith, free enterprise has always needed defenders. Though imperfect at best, the record of immigrants striving to reach America’s shores proves that our forefathers’ defense of free enterprise created fertile soil for human flourishing.
Parents take note: Research on delayed gratification shows connections from children through adulthood.
It may surprise you that proceeds from retirement accounts and insurance policies are not divided according to the terms in your will. Instead, these assets pass directly to the beneficiaries you named on the account.
Just over 12% of small business tax returns had gross receipts over $250,000. Their marginal tax return is the highest and tax changes to this group is what has the greatest effect on employment.
Two critical questions were raised during the first presidential debate: Are small businesses important to American’s prosperity? And if they are, which candidate will unleash that engine of economic growth and employment? Fact-checking the candidates offers a clear answer.
Disparaging the entrepreneurial growth of small businesses as trickle-down economics misses the shower of prosperity.
Personally I think it is a mistake to value supporting the government (taxes) higher than supporting society (charitable giving).
This week’s Carnival is centered around Budgeting. How do you budget — or do you budget? Do you keep up with your money down to the penny, or do you have broad categories and a ballpark idea of how you’re doing?
I am always amazed at the power of a good story. A good story teller will always have more influence than encyclopedia of powerful data points. Politicians understand this concept better than most, which is why they spend time talking about people.
Q: My husband Thomas is four years older than me and plans to delay filing for his larger Social Security benefit until age 70 when he will receive $2,600 a month. My personal benefit starts at $600 beginning at age … Read More
No matter your age, in addition to a will, you need two additional documents.
You are invited to a NAPFA Consumer Education Foundation event at 5:30pm on Thursday Oct. 18th at the Charlottesville Senior Center.
The hypocrisy of candidates who pretend to be generous with other people’s money while purposefully characterizing those who are actually generous destructively is an issue worthy of consideration when you vote.
Much has been made about Mitt Romney’s tax returns. Reviewing them clarifies both public policy and personal wealth management. A quick calculation assumes their overall tax rate was 14.1%. But this number is highly misleading.
The Romney’s generosity and tax burden is hardly the example of greed and avarice that advocates of greater government would have us believe.
Interview with George Marotta on his time at Stanford’s Hoover Institution with Miilton Friedman, Thomas Sowell and Edward Teller.
As you get closer to the hole with each shot (this could be too much of an assumption for those hack like me) you can focus on precision over power.
The worst thing you can do is to do nothing at all and assume everything will pan out in the end. No matter how much (or how little) money you have, you need at least a simple will.
Four reasons not to abandon a brilliant allocation that includes emerging markets simply because of short term fluctuations.
Measuring progress regularly on the path toward retirement is critical. Fall too far behind, and you risk not being able to save enough to catch up. There is no downside to arriving early.
This week’s Carnival is an eclectic mix of tips, tricks, and advice about everything from teaching children about money, to credit cards, to tips for students, to ideas on spicing up your work life.
MarketWatch is seeking a top-notch writer who will bring a fresh perspective on money to the world’s investors. We believe that fresh perspective ought to include the idea of freedom investing.
Is Social Justice
an expression of good will towards the less fortunate -OR-
a principle that rewards should be determined by political power?
Despite being told on the Social Security website that you will lose benefits, those who go back to work will earn a higher benefit in the future and will make up for their penalized earnings.
Sometimes the medium term trend seems to weigh more heavily in our minds than the long or short term trends.
Knowing how much you should save for retirement is critical. But what if you are late getting started? The longer you delay, the shorter the time that compound interest can do its magic on your savings.
Inverview with George Marotta on NAPFA and being a fee-only fiduciary
Two proven methods to pay off your debts – with gusto. Say goodbye to the stress, ANXIETY and late fees.
Studies show that onetime windfalls can actually impoverish you. They make you feel rich, which inevitably leads to overspending. But wealth is what you save, not what you spend.
Many communities such as Charlottesville identify themselves as an arts community. This image translates into passionate support for public funding of the arts. But the common justifications for public funding don’t hold up under careful scrutiny.
In our second edition of the Wealth Management Carnival, we’re linking to articles about general life planning, from good habits to cultivate, to life insurance considerations, to financial calculators.
Financial planning means supporting the goals of stay-at-home parents to be with their children.
Charitable gift annuities get an “A” for marketing and an “F” for performance.
Currently the IRS is sending notices to anyone who did a Roth Recharacterization in 2010 asking them to pay as though they kept the entire conversion amount.
Most Americans assume a progressive tax code is needed to promote equality and remove some of the burden of other taxes on those with the lowest income. But the progressive nature of the tax code changes behavior in many ways.
Five Wishes is a national advance directive created by the non-profit organization Aging with Dignity. It has been described as the “living will with a heart and soul.”
Review your health insurance options after losing your job – COBRA and High Deductible Health Plans.
There is great disagreement in the financial services world if an advisor who has continuous and comprehensive management of a client’s assets should be allowed to also benefit from transactions that they recommend.
You should save 15% of your take-home pay for retirement over your working career. As your situation varies, you must adjust your safe savings rate.
In the Wealth Management Carnival, we share 7 Interesting Articles from other sources. From advice to diversify investments to index fund criteria to choosing a bank, this month we found seven articles that discussed various investing ideas.
“Anyone who’s bought gas, paid a medical bill or sent a child off to college recently knows that the Consumer Price Index doesn’t tell the whole story of inflation.”
Although it is possible, buying a house without a credit history will require you to jump through some uncommon hoops to find a competitive rate.