When you are ready to retire, there are three things you can do to boost your spending power – like the story of the three best things in real estate being location, location, location; the three things are relocate, relocate, relocate. See this article in Money Magazine by Walter Updegrave for more information on advantages to finding another place to live: http://time.com/money/3539976/retirement-housing-costs-relocation/#money/3539976/retirement-housing-costs-relocation/ Always remember that saving money in an area you hate may not be the best solution. One good planning move may be to spend the last ten years before retiring doing some research about where you want to live when you finally do retire, then find a place you can save some money on over your current area. If this doesn’t work, maybe you should stay where you are if you still love the area you live in. For financial, accounting and tax musings, You can count on us to count for you! Email: bstonercpa@sbcglobal.net Phone: 818-317-6035 Website: www.briantstonercpa.com Android and the IPhone: Has been Featured On https://twitter.com/bstonercpa
Burbank CPA Financial Musings: Is outliving your savings a fate worse than death?
Nowadays the fear of dealth is being supplanted by the fear of outliving your retirement money! Some people would rather die than outlive their investments. See this article in Reuters by Chris Taylor for the details: http://www.reuters.com/article/2014/11/12/us-retirement-savings-deathwish-idUSKCN0IW1VH20141112 This is the time to have realistic and achievable goals, then use them to gradually save some additional cash. If you are already retired, you may need to find a part-time job or adjust spending habits, but there are always options. For financial, accounting and tax musings, You can count on us to count for you! Email: bstonercpa@sbcglobal.net Phone: 818-317-6035 Website: www.briantstonercpa.com Android and the IPhone: Has been Featured On https://twitter.com/bstonercpa
CPA Financial Musings: A Prepaid Debit Card for Your Teen?
So is a prepaid debit card a good idea for your teens? See this article about them in the Wall Street Journal by Alan Zibel – it lists some favorite cards and more information on the cards in general: http://echo4.bluehornet.com/ct/50609238:28439317229:m:1:2505976388:1AA531581E34A22FC7B2B1DB1F2326A6:r Advantages are spending limits and purchase monitoring. There can be various fees and other costs you have to weigh before choosing. There are also going to be some new protections on these cards in the near future. This can really get your kids budgeting much better in the future, and they can learn about finances by doing. For financial, accounting and tax musings, You can count on us to count for you! Email: bstonercpa@sbcglobal.net Phone: 818-317-6035 Website: www.briantstonercpa.com Android and the IPhone: Has been Featured On https://twitter.com/bstonercpa