Financial Literacy
I found a great resource today for articles, calculators and other tools on personal finance. The website is called 360 Degrees of Financial Literacy. Topics include financial planning, tax planning, investment planning, business owner, estate planning and more. This is a very comprehensive website, with easy to read articles. I will refer back to them […]
AMT Relief on the Way?
The House passed a tax bill yesterday (see article here) which will extend the reduced capital gain and dividend rates, and provide some much needed AMT relief. If you’re not familiar with AMT, it is the Alternative Minimum Tax, created to keep higher income taxpayers from paying too little income tax. Unfortunately, the AMT has […]
50-Year Mortgage Hits the Market
All I can say is "wow". I never expected to see a 50-year mortgage. See the full story from CNN Money here. I imagine this will be a popular mortgage in California and other areas where home prices have sky-rocketed, but can you imagine paying on a house for 50 years? And what will the […]
How Much Do You Need to Retire?
How much do you need to retire? The answer is, it depends... How much do you wish to spend during retirement? What will you do? Will you travel? Play golf every day? Where will you live? Florida? Small college town? How much you spend during retirement is probably the most important...
Free Credit Report
I’ve had many questions lately about where you can go to get your free annual credit report. There is only one legitimate website to do this and it is www.annualcreditreport.com. Beware of ads or other websites that offer a free annual credit report. Many of these are scams or they are trying to sell you […]