Tax Advice Santa Rosa – WHY DON’T ALL AFFLUENT PEOPLE BECOME WEALTHY?

October 8th, 2013 → 8:28 pm @ // No Comments

Perception, hesitation & poor decisions are factors. Why do some people let their potential for lifetime wealth slip away? Some people are better off economically at 30 or 40 than they are at 50 or 60. What happened? Could it be that bad decisions and inaction are to blame? They buy depreciating assets, instead of […]

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Tax Advice Santa Rosa – SOCIAL SECURITY ADMINISTRATION ANNOUNCES IMPROVED INTERNET SERVICES

September 25th, 2013 → 6:26 pm @ // No Comments

The Social Security Administration has announced improvements to the internet services that are available at www.socialsecurity.gov. Visitors to the site can see how much their retirement benefit will be by using the new Retirement Estimator. And, you can file for monthly retirement or disability benefits online. Over 8 million users have set up an online […]

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Tax Advice Santa Rosa – WILL THE SYRIA CRISIS SHOCK THE MARKETS?

September 5th, 2013 → 9:21 pm @ // No Comments

Are fears of a correction & runaway oil prices overblown, or justified? U.S. military action in Syria appears imminent. Assuming it happens, what happens to the financial markets? Investor reaction on August 27 (the day U.S. intervention was mentioned as a possibility) was not exactly surprising. Gold entered a bull market again, oil prices reached […]

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Tax Advice Santa Rosa – IMPLICATIONS OF RISING MORTGAGE RATES

August 20th, 2013 → 3:49 pm @ // No Comments

Are they threatening the recovery? Or is their effect overstated? Between early May and mid-July, the average interest rate on the 30-year fixed-rate mortgage rose about 1%. Rates on 30-year FRMs have basically held steady since hitting a peak of 4.51% in Freddie Mac’s July 11 Primary Mortgage Market Survey – in the August 15 […]

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Tax Advice Santa Rosa – PENSION QUESTIONS AFTER THE DETROIT BANKRUPTCY

August 7th, 2013 → 5:34 pm @ // No Comments

How many retirees face the possibility of less recurring income? On July 18, Detroit became the largest American city to file for Chapter 9 bankruptcy. What will happen to the pensions of its 20,000+ retired public employees? There is a possibility they could be reduced – perhaps greatly. In the wake of Detroit’s fiscal problems, […]

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Tax Advice Santa Rosa – HOW DO YOU KNOW WHEN YOU HAVE ENOUGH TO RETIRE?

June 19th, 2013 → 6:58 pm @ // No Comments

There is no simple answer, but consider some factors. You save for retirement with the expectation that at some point, you will have enough savings to walk confidently away from the office and into the next phase of life. So how do you know if you have reached that point? Retirement calculators are useful – […]

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Tax Advice Santa Rosa – HAS “SELL IN MAY” GONE AWAY?

May 20th, 2013 → 8:15 pm @ // No Comments

Investors aren’t yet backing out of stocks this spring. Healthy skepticism hasn’t motivated much selling. An old belief has lingered on Wall Street for years – the belief that investors should get out of stocks in May and get back into stocks in October. But here we are in May – and while analysts are […]

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Tax Advice Santa Rosa – HAS “SELL IN MAY” GONE AWAY?

May 13th, 2013 → 6:57 pm @ // No Comments

Investors aren’t yet backing out of stocks this spring. Healthy skepticism hasn’t motivated much selling. An old belief has lingered on Wall Street for years – the belief that investors should get out of stocks in May and get back into stocks in October. But here we are in May – and while analysts are wondering how much […]

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Tax Advice Santa Rosa – REASSESSING RETIREMENT ASSUMPTIONS

May 2nd, 2013 → 4:20 pm @ // No Comments

What makes financial sense for some baby boomers may not make sense for you. There is no “typical” retirement. Many baby boomers want one and believe that they will have one, and their futures may indeed unfold as planned. For others, the story will be different. Just as there is no routine retirement, there are […]

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Tax Advice Santa Rosa – REASSESSING RETIREMENT ASSUMPTIONS

May 2nd, 2013 → 4:20 pm @ // No Comments

What makes financial sense for some baby boomers may not make sense for you. There is no “typical” retirement. Many baby boomers want one and believe that they will have one, and their futures may indeed unfold as planned. For others, the story will be different. Just as there is no routine retirement, there are […]

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