When is $100 taxed as if it was $185?
The lesson for those still in the accumulation phase is to build your wealth and retirement nest egg in accounts and vehicles that are not taxable in retirement.
Everybody Has a Life Insurance Plan
I don’t blame you if you find the idea of combining a message about life insurance with a message about Christmas a bit – well – unseemly. But while our thoughts are focused on the blessings of family, I’m going to cross that line for a few minutes.
Good News – Bad News
Good news from the non-profit Society of Actuaries – you’re likely to live longer. Since “mortality” tables were last updated in 2000, the average 65-year old woman will now live 88.8 years (up from 86.4 in 2000); and men will live to 86.6 (up from 84.6 in 2000).
A New Twist on Life Insurance
One of the most daunting risks faced by those over 60 is the cost of long-term-care. And hey – if you’re far from 60 – don’t skip this article – it includes you! Experts say 70% of us will need some form of long-term care – and not necessarily the “end-of-life”...
The Great Term Life Insurance Debate
Term – or permanent – that is the (insurance) question. “Experts” like Dave Ramsey say we should only own term life insurance. Build enough wealth, he says, and we won’t need life insurance after the kids are grown and gone. Let’s start here. If we’re...
