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Why Roth Conversion of Your IRA Makes Sense Now

  Roth Conversion is terrific idea this year for Retirees and Pre-Retirees: at most income tax brackets….. Paying tax now rather than later may make very good financial cents for you. Yes, this is contrary to normal income tax planning,…
home costs
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How Your Next Home Purchase Can Make or Break You

Everyone knows that a home is a major purchase, but most people don’t take the big picture view when they take the plunge. Did EGO get in the way (subconsciously) when you made a home purchase? We know that we are judged by our house and that…
life Insurance
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Insure Your Most Valuable Asset - Part Two

We know now that the future income of a working adult is usually their most valuable asset. The one thing that their entire financial plan needs to have in order for the financial plan to work. As a planner, I have to recommend that we design…
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Insure Your Most Valuable Asset - Part One

If asked, most people would say their home or possibly their 401k was their most valuable asset. The truth is that if they are still a ways away from financial independence. Their future income is far and away their most valuable asset. As…
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How to Spend Your Retirement Nest Egg and Leave it to Heirs

Have Your Cake and Eat it Too With your financial legacy it's possible, but it takes planning. Life insurance is truly the asset of love. I say that because of the dual purposes it serves. Temporary or term insurance is true insurance, you…
get rich
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10 Ways to Grow Your Net Worth in 2019

Getting Rich! Now is the time to get serious about growing your net worth. Putting yourself ahead of all the vendors that are getting your hard earned money. Be self reliant! Get started today. Pick the ones you like and the more you choose…
retirement and college planning
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Mortgage Payment is a Retirement Killer

Will your retirement be put off because you still have mortgage payments to make?   For millions of Baby Boomers, they cannot afford to stop working until their mortgage is paid off or they decide to downsize. I spend many of my days…
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How to Buy Booming Bitcoin, Should You?

                  Bitcoin Mania is Here! In the past few days, several people have asked me "what's this Bitcoin that everybody seems to be talking about?"  And "Do you think I should invest in Bitcoin?" These are people that NEVER…
cut taxes
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Tax Saving! 8 Places to Invest, to Minimize Owing Taxes

Why I Dislike Taxes and How I Minimize What I Owe  I want less government in my life and I will do everything I legally can to give Uncle Sam as little of my hard earned money as possible.  If you want more government intervention in your…
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How to Inspire Your Child to Grow Serious Wealth!

Wealthy habits are learned. From an early age kids figure out what money is (a medium of exchange), and are seemingly always asking their parents for more. Out of love, parents these days (my hand is raised) usually spoil their children way…
retire or work
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When Will You Be Able To Retire?

When will You have Enough Money To Retire? Brief History Lesson: The term “retirement” came to be recognized when the Social Security Act of 1935 allowed people to quit work and collect a tax funded paycheck when/if they reached the age…
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How to Avoid Disastrous RMD Penalties

How to Avoid a HUGE Penalty from Missing the Required Minimum Distributions (RMD) from IRA. Failure to withdraw an RMD by the deadline results in one of the most onerous penalties in the tax code! 50%. That's right! If you were supposed to…
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Why Cash is Secret to Foundation of Financial Success

I often borrow a phrase  "Big Hat No Cattle" from a book called The Millionaire Next Door and it's That means you live an affluent lifestyle, but have very little money saved compared to what you've earned. I would like to suggest it starts…