Financial Planning can teach us when a behavior does not need to be corrected Last night it was my mother-in-law’s birthday. We went to Jetty’s restaurant in Jupiter for the early bird special. At the end of the meal our waitress brought over a piece…
There are two main themes running through the news this month. The first theme is terrible tornado’s destroying different parts of our country. I call these events acts of God. The second types of events are malfeasance by our Government. The best example is the IRS…
When my grandmother passed away a year ago, my mother asked me how do I choose the right financial planner to help me with this inherited money? I took a moment and put ego aside and answered her as follows. What to consider before you…
In this article, Peter explains the defining differences between mutual funds and their low-cost, liquid cousins, ETFs.
Do you set aside time each day to worry? Some researchers think you should, and Peter thinks it’s good for your investment portfolio.
What if you could predict with pinpoint accuracy today exactly what that IRA will produce in retirement income 10 years from now?
We are rapidly approaching the Presidential Election; an election upon which most economic forecasts depend. How to Protect Your Money – Pre & Post Election.
What could cause another 2008? The end of the Bush Tax Cuts. Our views regarding the ramifications of the Fiscal Cliff.
Change of Law: If you have not updated or created a new durable power of attorney since October 2011 in Florida you need to act as soon as possible. Your old power of attorney may not work!
If you become disabled, who will help you maintain your lifestyle? You need a Durable Power Attorney!
The Durable Power of Attorney statute has been completely modified/ revamped in October 2011.
You have only 150 days left until the new tax laws come into effect. The health care law has been declared constitutional; the remaining provisions will be going into effect. One little known provision is a new 3.8% investment income surtax, also called the health care surtax or the Medicare tax; it will go into effect on January 1, 2013.
This new surtax will be assessed on the lesser of a) net investment income or b) the excess of modified adjusted gross income (MAGI) over the “threshold amount.” For married taxpayers filing jointly, the threshold amount is $250,000; married filing separately, $125,000; all other individual taxpayers, $200,000. For trusts and estates, it is the beginning of the top income tax bracket ($11,650 in 2012).