No one wants to think about what will happen after they die, let’s be honest. However, if you own things (which we all do), you should likely pay attention to something called “probate.” It’s a word that makes people who plan estates grimace and people who are heirs groan. What is probate, though, and why … Read more
If you were married to your former spouse for at least 10 full, consecutive years, you are eligible to draw your Social Security (and Medicare) Benefits off of him or her. This article talks about me as the ex-wife getting money from my ex-husband, but the situation is the same for men as well. It’s … Read more
Did you know that if you had $1 million in dollar bills, it would literally weigh a ton and take you about 12 days to count it all? No matter how you slice it, that’s a lot of money!. For a long time, a $1 million nest egg was the measure of retirement planning success. … Read more
How much does one need to retire in Australia? There’s no mortgage, no work-related costs and fewer child costs…But then there’s greater travel, more frequent outings, and inevitable ageing costs. Thinking about retirement keeps me up at night sometimes. Will I have enough? Am I saving enough? What’s normal anyway? If you’re wondering how your … Read more
If you dont properly protect your assets, they can potentially be lost in a lawsuit, bankruptcy, or to other creditor actions. Its important to understand the laws that can provide asset protection and to know what measures you can take to protect your savings. Are you afraid that creditors will come after your hard-earned money? … Read more
It’s no secret that estate planning can be a confusing area of U. S. law. From choosing a will to tax planning, preparing for and understanding the probate process can be overwhelming for many Texas families. While it can be easy to assume that trusts are only necessary for wealthy or influential people, this isn’t … Read more
Far from being at a stage where their mortgage is cleared, their children independent and they can reap the rewards of an established career, many over 50’s in Ireland are, instead, under significant financial pressure. Mortgage and debt payments have become more expensive than ever because of rising interest rates. For example, many homeowners in … Read more
How IRAs are taxed depends on whether the IRA is a traditional or a Roth IRA. Traditional IRAs involve making tax-free contributions, meaning you contribute to your IRA before taxes are taken out. This may reduce your taxable income for the year in which you’ve contributed to your IRA, therefore reducing the amount of tax … Read more
This article answers the question, “Where do rich people keep their money?” It also looks at how they save it, and, most importantly, how they invest it and expand it to create generational wealth. There are over 56 million millionaires and 2640 billionaires in the world. The US is home to over 21 million millionaires … Read more
Have you been searching for Vanguard annuities only to find they’re no longer available? You’re not alone Many investors were surprised when one of the most trusted investment companies decided to exit the annuity business Let me break down exactly what happened to Vanguard annuities and what it means if you’re a current annuity holder … Read more