Why Your Financial Advisor May Have a Conflict of Interest...
Wednesday, August 27
Why Your Financial Advisor May Have a Conflict of Interest When Recommending You Sell Real Estate...Real estate often plays a major role in building long-term wealth. Many individuals and families own rental properties, vacation homes, or other investments outside of the stock and bond markets. W...
Why Physical Real Estate May Not Belong in Your IRA
Sunday, August 24
For many investors, real estate is a cornerstone of building wealth. It provides potential appreciation, steady rental income, and diversification outside of traditional stock and bond markets. But when it comes to retirement accounts like IRAs, directly owning physical real estate often creates ...
1031 vs. 721 Exchanges: Strategies for Real Estate Exit Planning
Friday, June 13
For real estate investors, building wealth through property ownership often comes with the eventual question: How do I exit efficiently while preserving the equity I’ve built and minimizing taxes? Two of the most powerful tools available are 1031 exchanges and 721 exchanges, often used in conjunc...
Navigating Required Minimum Distributions (RMDs) and Tax Strategies
Wednesday, February 19
Once retirees reach age 73 (as per the latest SECURE Act changes), they must start taking Required Minimum Distributions (RMDs) from tax-deferred accounts such as 401(k)s and traditional IRAs. Failure to comply can result in hefty penalties. Understanding how to calculate and manage RMDs is essen...
How Inflation Impacts Retirement Savings
Friday, February 14
Inflation reduces the value of money over time, meaning that what costs $50,000 today may cost significantly more in the future. For retirees, this presents a unique challenge: Fixed Income Concerns: Pensions and Social Security benefits may not keep pace with inflation.Rising Healthcare Costs: ...
Creating a Retirement Paycheck: Managing Cash Flow in Retirement
Tuesday, February 11
Retirement is a significant transition, and managing cash flow effectively is critical to ensuring financial security. Instead of receiving a paycheck from an employer, retirees must create their own income stream from savings, Social Security, pensions, and investments. By implementing strategic...