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…
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…
Does your brokerage house have you jumping through hoops? Don’t. You’ll end up with a 6-cent check!
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?
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).
Why don’t individuals invest like endowments? Because they don’t know how to. Peter Blatt’s insightful article here explains how you too can invest like Harvard.
This article continues from Part I of my installment on the War on Seniors, Savers, and Planners, found here. Why the Government isn’t pulling out of this War The US Central Bank will be unable to pull back from the War on Seniors, Savers and…
The War on Seniors, Savers, and Planners is the result of the US Government’s monetary policy of keeping interest rates at rock-bottom lows. In this two-part series, Peter explains how since 2008, this trend has severely curtailed the wealth preservation efforts of high-net worth seniors who are planning their estate. He also offer us some tips and strategies for protecting income investments.