by admin | Nov 30, 2023 | Uncategorized
It’s hard to think about, but long-term care is an important need for which you should prepare. How much care might you need? On average, women will need 3.7 years of care, and men will need an average of 2.2 years. Approximately half of people turning age 65 will...
by admin | Nov 9, 2023 | Uncategorized
Conversation with: Sean Bailey, Editor-in-Chief of Horsesmouth & Debra Taylor, CPA/PFS, JD, CDFA (WATCH VIDEO) Sean Bailey: Hi everyone. Welcome back to the Savvy Tax Planning Monthly Video blog. I’m Sean Bailey, editor in chief and Horsesmouth. I’m here...
by admin | Nov 7, 2023 | Uncategorized
The National Council on Aging recently shared a story about a scammer who targeted a homeowner in Massachusetts. The victim alleged that a contractor damaged his home’s foundation and didn’t return to finish the work—even after taking thousands of dollars in payments....
by admin | Oct 5, 2023 | Uncategorized
A single person age 65 in 2023 may need about $157,500 saved after taxes to cover health care expenses in retirement, according to Fidelity. In 2023, their estimate for an average retired couple aged 65 is around $315,000. The actual amount you’ll need will depend on...
by admin | Sep 5, 2023 | Uncategorized
Getting prepared for college can be both exciting and overwhelming for a high school senior. What might your goal-oriented peers do that will help them succeed as they set out on a new path? The key to successful college preparation is to establish an efficient and...
by admin | Aug 2, 2023 | Uncategorized
A year ago, Eden and Mark (last name withheld) lost their life savings to a scammer. “We lost all the money we made in our business. All of the monies we saved together for 38 years we’ve been married, and it was all taken from us,” Eden told California...
by admin | Jul 12, 2023 | Uncategorized
While many find it anxiety-provoking to think about, creating a legally binding plan to distribute your assets after your death ultimately provides you with peace of mind. You can rest easy knowing that your wishes will be carried out as you have requested. Some folks...
by admin | May 10, 2023 | Uncategorized
We plan for retirement because we know that we may not want to work forever. An artificial retirement age set by our employer may limit our options. Health issues may also dictate when we decide to retire. With your input, we can help devise a plan that puts you on...
by admin | Apr 6, 2023 | Uncategorized
Have you ever reflected on the foundation of the financial system? What comes to mind? Banks, investors, the stock market, the bond market, or the credit markets? That’s partially true. They are the underpinnings, but the foundation or the bedrock of the...
by admin | Mar 3, 2023 | Uncategorized
The IRS announced that January 23 was the start of the 2023 tax season—or the date the IRS began accepting 2022 tax year returns. If you have yet to file, most taxpayers have until Tuesday, April 18, 2023, to submit their tax return or request an extension. Taxpayers...
