Tag: Rick Brooks

Investing In Real Estate 2: How Not To Invest In Real Estate

| June 5, 2019 | 0 Comments

Last month, I discussed some of the benefits of including real estate in your investment mix. These include income, diversification and, in the case of owning property directly, some significant tax advantages for owning income properties. I also mentioned that there are some versions of real estate investing which are more attractive than others. A […]

Continue Reading

Should I Retire in A Lower Tax State?

| March 8, 2019 | 0 Comments

When considering how to plan for a comfortable retirement, taxes are a significant consideration. Taxes of all types are among the largest contributors to your cost of living during retirement, and cost of living can make the difference between a comfortable retirement and a meager one. What’s more, high state and local taxes have been […]

Continue Reading

On Valentines Day, Give your Spouse the Gift of Security

| February 1, 2019 | 0 Comments

Valentine’s Day is the third-largest consumer holiday in the U.S., with about 19 billion dollars spent in Cupid’s name each year. It’s big business for florists and chocolatiers, with over four billion dollars spent per year on flowers and candy alone. Flowers and candy are great, don’t get me wrong, but as a gift for […]

Continue Reading

Keeping Track of Multiple IRAs

| January 7, 2019 | 0 Comments

Besides losing weight and getting in shape, one of the more common New Years’ resolutions is getting organized. It’s also one of the first steps in the financial planning process because it makes keeping on top of your finances a lot easier. Nowhere is that more important than with your retirement savings. This is because […]

Continue Reading

Creating Your Best Retirement Isn’t All About Money

| December 2, 2018 | 0 Comments

A 2014 study of retirees done by Merrill Lynch and Age Wave led to the following conclusion: “Retirees say health is the number one ingredient for a happy retirement.” Financial security, family and purpose were all important, but health was tops. And this makes perfect sense, as good health leads to living longer, having more […]

Continue Reading

Common IRA Mistakes in Retirement and How to Avoid Them

| November 5, 2018 | 0 Comments

The most common IRA mistakes made in retirement are easy to avoid. Most come from not understanding the complex rules surrounding Individual Retirement Accounts (IRAs). Others come from trying to game those rules to avoid paying taxes. As tempting as it might be to try to avoid paying taxes on retirement savings distributions, breaking the […]

Continue Reading

Protecting Your Travel Investment

| October 3, 2018 | 0 Comments

A lot of Baby Boomers have been retiring recently, and a good many of them have spent that extra time travelling. For some, that has meant hopping in a recreational vehicle and roaming the highways and byways of the Continental United States. For others, that has meant jetting off to destinations they didn’t have time […]

Continue Reading

The First Horse of the Apocalypse?

| September 5, 2018 | 0 Comments
The First Horse of the Apocalypse?

There’s been a fair bit of media attention on the Treasury Yield Curve lately, so I thought I’d dig into that a bit this month. Investors look at a LOT of indicators to try to figure out where the economy and the stock markets are headed. There are several leading indicators that you can look […]

Continue Reading

Getting Ready for Medicare

| August 6, 2018 | 0 Comments

Medicare is the primary health insurance for U.S. citizens over 65. Unless you (or your spouse) are still working and covered by an employer-sponsored group health plan, all persons age 65 and older must sign up for Medicare to obtain health insurance. The Medicare rules are complex and can be confusing. It is important to […]

Continue Reading

Social Security and Longevity

| July 2, 2018 | 0 Comments

Every year, the Trustees for Social Security release a report which discusses the funding of the Social Security program. While it’s possible that Congress may enact changes to the Social Security program at some point in the future, we can’t predict how (or even if) that might take shape. With the caveat that there is […]

Continue Reading