Good Financial Reads: Rethinking Retirement in a Flexible World
The article challenges the traditional reliance on income‑only investments for retirees, advocating a total‑return approach that offers greater growth, tax efficiency, and flexibility. It also addresses the growing cohort of workers who feel behind on savings, outlining catch‑up contributions and strategic asset allocation to accelerate wealth building. Finally, it delves into the nuanced decision of when to claim Social Security, emphasizing that timing should align with personal cash‑flow needs, longevity expectations, and tax considerations.
Good Financial Reads: The Business Owner’s Financial Operating System
The article guides small business owners through three critical financial pillars: selecting the optimal retirement plan—SEP IRA, Solo 401(k), or SIMPLE IRA—based on income, employee count, and growth goals; avoiding costly bookkeeping errors, especially the failure to reconcile bank accounts;...
Good Financial Reads: Smart Tax Moves Most People Miss
The article bundles four under‑utilized tax tactics for high‑net‑worth individuals. It explains how a live‑in flip can qualify for the Section 121 capital‑gain exclusion after a two‑year ownership period. It shows that donating appreciated securities instead of cash can eliminate capital‑gain...
Good Financial Reads: Smart Tax Moves Most People Miss
The article outlines four under‑utilized tax strategies: the live‑in flip, which lets investors treat a renovated primary residence as a Section 121 exclusion‑eligible sale after two years; donating appreciated securities instead of cash to avoid capital‑gain tax while securing a charitable...