It’s no secret that health care costs have risen dramatically in the last decade. This has major implications for retirees or those workers approaching retirement age. In general, health care expenses tend to increase with age.
What Assets Make Up Wealth?
Mortgage Interest Deductibility Maze: Tax Cuts and Jobs Act of 2017
On December 22nd, the Tax Cuts and Jobs Act of 2017 signed into law changed the tax landscape for individuals and corporations. Although there are many modifications to the tax code that will affect all Americans, the mortgage interest itemized deduction directly affects current and future homeowners.
The Benefits of a Total Return Approach to Retirement Income Funding
Last year I wrote an article titled “The Shortcomings of Income Only Spending in Retirement,” which detailed the shortfalls of the popular strategy of spending only the income generated by a portfolio in retirement. In summary, the main drawback of income only spending is the tendency to increase portfolio risk when yields are low in order to generate more income.
