Blog2023-02-03T12:46:32+00:00

Crypto, where does it fit?

As retail investors many people are somewhat confused about the state of the economy and all of the new digitalized asset classes so lets simplify some things. Interest rates are extremely low resulting in many investors borrowing money. Cash in an inflationary environment is better off placed in a position where it can grow rather than sit and lose value to inflation. Where are people putting their money? Growth is the desire of the investor and the more there is

Retirement Planning Steps To Reach Your Goals

Start retirement planning early nothing is quite as impactful in your life as compound interest! Avoid taking loans and early withdrawals; switching jobs is one of the most tempting times in which to access your retirement accounts early, do not do it! Put the money into a financial vehicle without tax or penalty burdens attached. Loans and early withdrawals deplete your savings and neutralize compound growth, it is a definitive step backwards. Save in an appropriate manner given your age.

Social Security is not fixed income. You can boost your retirement benefits!

Social Security is not fixed income. You can boost your retirement benefits! Social Security considers your highest 35 years of income, zeros are included for years without earnings. If you have zeros in your work history it may make sense to work longer in order to replace those zeros. Claiming Social Security while working may be a smart thing to do! One may claim Social Security, work, and later have their Social Security payments re-calculated after going through the “earnings

June 1st, 2021|Social Security, Tax Minimization|

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