Monthly Archives: June 2010
When Should I Begin Taking Social Security?
Social Security represents the only guaranteed stream of income for many Americans, and throughout the years it has surprised me the lack of understanding that most people have about the social security system and how it works. The more knowledge … Continue reading
Monthly Personal Income and Expense Statement
If I asked the question of how much money you needed every month to pay yourself and your bills, would you know the answer? Most people would answer no. It is because most people do not think like business people. Most, … Continue reading
Required Minimum Distribution (RMD)
The required minimum distribution (RMD) table shows the factors consumers over the ages of 70 ½ must follow in determining the appropriate amount that must be removed from their IRA or other qualified plan during a calendar year. The amount … Continue reading
Client Commentary June2, 2010
Dear Client: As I compose this over Memorial Day weekend, the rise in the markets, which has been virtually unabated since March 2009, have shown some downward movement over the past month. The purpose of this communication is to give … Continue reading
Just Starting Out
When I was in college back in the Stone Age (late 60’s and early 70’s, actually!) there was a very popular poster hanging in many dorm rooms which said, “Today is the first day of the rest of your life.” … Continue reading