Even if you’ve created durable wealth for a desirable transition, what else can you do to secure your second-act lifestyle? You have always had great success in your professional life. You need to know not only how to build wealth, but how to maximize wealth for the “retirement” you envision.
Gifting an experience to a child or grandchild allows them to participate in the excitement of a holiday or birthday while also enabling them to better remember these events in the future.
Let’s explore what we can learn from the not-too-distant past known as “the Lost Decade” of the 2000s. It reveals quite a different story than the 2010s had in store for investors.
Sometimes, the keys to investment success can seem counterintuitive at first. So let’s take a closer look at a trio of weird, but wonderful “upside-down” investment insights for interesting times.
2020 has been a challenging year. But it has also presented us with a number of tax breaks which gives the potential to lower our taxes for this year and even possibly for next year.
Traditional tax planning has always focused on deferring income as long as possible. This may be the year to end such deferrals and take advantage of the low 2020 tax rates to recognize income.