11 Dec
December 11, 2019

Taxes are complicated and so is retirement. When you combine the two, it can get a bit overwhelming. The silver lining is that people who are retired, or are on their way to being retired, have some incredible opportunities to implement tax savings strategies that could benefit them for the rest of their lives. Here are five Tax-Smart Retirement strategies to consider.

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22 Dec
December 22, 2017

In the 1630s in Holland, tulips were a relatively new flower. (The first tulips came to Europe from Turkey in 1554.) The flowers were perceived as a luxury, so they were in high demand across Europe and there was a limited supply. In the mid-1630s, speculation entered the market. The price for tulips began to rise beyond the “rational” price of a flower. By early 1637, the highest valued tulip bulbs were selling –singly – for more than ten times

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04 Jan
January 04, 2016

Ben Franklin once said, “Be at war with your vices, at peace with your neighbors, and let each New Year find you a better man.” The beginning of a new year often leads us to examine our lives and find ways to battle vices.

While many of our goals for the New Year may be physical in nature, there are many parallels between our physical and financial well being. When I think of financial goals, I divide

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09 Nov
November 09, 2015

Have you asked yourself where your paycheck will come from in retirement? Once taxes  are considered, will it be enough to live the way you want? For most of us, starting and ending our career with the same company is a thing of the past, as are the days of pension checks funding the majority of our retirement.  For better or worse, most of us now bear the responsibility for our own retirement planning and determining how our savings will

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10 Aug
August 10, 2015

Our journey through life involves setting goals such as graduating from college, buying home, starting a new business, or traveling the world, and working to accomplish those goals. It’s invigorating to identify a dream and set plan in place to achieve it. The feeling of pride that comes from reaching a new milestone and realizing the fruit of our efforts is one of a kind.

Saving for retirement is a very important life goal but it can

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20 Oct
October 20, 2014

If some is good, more is better.  While exceptions to this rule certainly exist, I don’t think you will find many people who will argue this stance when it comes to their retirement funds.  In my previous article, “Who Wants To Be a Millionaire?” I discussed how you can use time as a machine to compound wealth. Here are additional steps that can help you work toward a higher return on your 401(k) and propel you closer to your ideal

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10 Feb
February 10, 2009

The average investor realized cumulative returns of 140% over a recent period of time. But by following a different strategy, you could have earned 833% during that same time period!

During the turbulent market conditions of the past year, investors would be happy to have positive returns of any kind. So what is the period referred to above? It is the 20 years ending 12/31/07. The next logical question is, “How could a person gain an astounding

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20 Feb
February 20, 2008

In my previous blog entry, I discussed some basic principles of asset allocation. You now have selected the appropriate assets classes and have purchased the right mix of investment vehicles to meet your targets. However, once you’ve implemented your portfolio, the effects of the market will begin to alter the composition of the portfolio you worked so hard to create.

Let’s use an investor with $200,000 who builds a moderate portfolio of 70% equities and 30% fixed income. Assuming equities average

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28 Dec
December 28, 2007

Did you see a big dip in your mutual fund values this month?  This was either an actual market drop (things HAVE been bouncy lately), or not.  Likely, at least one of this month’s dips was due to your mutual fund distributing capital gains and dividends.  These mutual funds are really just a collection of stocks.  When stock shares (held inside the fund) are sold for a profit, the funds must distribute 90 percent of realized capital gains and dividends

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19 Nov
November 19, 2007

Welcome to SAVANTips!  I am excited to post the inaugural message on my and my Savant colleagues’ new blog.  We intend to opine on a variety of investment, financial, lifestyle, and other topics of interest.  Some postings will discuss current events while others will convey timeless wisdom.  We will also try to capture the thoughts and concerns on our advisory clients’ minds and share them with all our readers.

We hope SAVANTips will be unique.  While I will share an occasional

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