Retirement Is Long During your working career, you may look at retirement as the end of the investment process, but your retirement could last 20 or 30 years or more. So even if the stock market is at rock bottom on the day you retire, your investments may have many years to pursue growth as […]
Retiring in a Down Market? Don’t Panic Read More »
Estate, Gift, and Generation-Skipping Transfer Tax The annual gift tax exclusion (and annual generation-skipping transfer tax exclusion) for 2023 is $17,000, up from $16,000 in 2022. The gift and estate tax basic exclusion amount (and generation-skipping transfer tax exemption) for 2023 is $12,920,000, up from $12,060,000 in 2022. Standard Deduction A taxpayer can generally choose
Key Retirement and Tax Numbers for 2023 Read More »
Power of Compound Returns A quick Internet search reveals that Albert Einstein once called compounding “the most powerful force in the universe,” “the eighth wonder of the world,” or “the greatest invention in human history.” Although the validity of these quotes is debatable, Einstein would not have been far off in his assessments. Compounding happens
When Should Young Adults Start Investing for Retirement? Read More »
Imagine stepping into an elevator and realizing that you’re about to spend the 30-second ride with someone who could make your retirement dreams come true — if only you could explain them before the doors open again. How would you summarize your financial situation, outlook, aspirations, and plans if you had 30 seconds to make an
What’s Your Retirement Dream Elevator Pitch? Read More »
