Blog

Blog Posts

  • A Tax To Prepare For

    August 4, 2010
    Under the new health care legislation that was signed into law this spring, 2013 becomes an important year for many people. Starting in 2013, there will be a new 3.8% Medicare tax on unearned income (IRC Section 1411). It would be easy to just wait and see how this affects ...
    Read more
  • What is Your Long-Term Care Plan?

    June 30, 2010
    Fidelity Investments publishes an annual study, the Retiree Health Care Costs Estimate, which found a 65-year-old couple retiring in 2010 will need $250,000 to cover health care expenses, not including a nursing home.  This estimate is up 56% from when this study started in 2002; the 2002 estimate was $160,000.  ...
    Read more
  • Increase Your Social Security Income

    June 3, 2010
    The recent volatility in the market has caused a few clients to ask if there is anything we can do to make sure their income is not threatened.  They probably are thinking about their investments, but when my answer is to look towards Social Security they tend to be surprised.  ...
    Read more
  • Dog Bites

    June 3, 2010
    For all of us who own or owned a dog, the following quote from Roger Caras rings true: “Dogs are not our whole life, but they make our lives whole.” That sentiment is why dog ownership is at an all-time high in the United States.  Unfortunately, along with this significant growth in ...
    Read more
  • Estate Tax Trouble in 2010

    May 4, 2010
    While the absence of an estate tax in 2010 may sound like an ideal situation for many investors and their heirs, an in-depth analysis illustrates that previous estate tax rules may have been more beneficial for most individuals.  According to a report prepared by the Democratic staff of the House ...
    Read more
  • Health Care Reform Provisions Affecting Older Adults

    May 4, 2010
    On Tuesday, March 23, 2010 President Barack Obama signed into law the Patient Protection and Affordable Care Act (H.R. 3590) This comprehensive health care reform bill is packed full of new legislation that and has left many Americans asking “How will this affect me”? One area that we have been asked ...
    Read more
  • Good Financial Plans Need Slush Funds

    May 4, 2010
    Slush funds may historically have a negative connotation due to corrupt politicians, but I prefer to think of my grandmother.  I remember spending several weeks each summer at grandma’s house near Alexandria; she would take us toy shopping at the beginning of the week so that we would have something ...
    Read more