Retirement Myth #5: And We’ll Live Happily Ever After In RetirementThat is a line from a fairy tale! Too many darn things can go wrong with your planning.
Retirement Myth #4: I Am Going To Work ForeverThe reality is that may not be possible for a variety of reasons.
Retirement Myth #3: Social Security Will Be EnoughThe reality is Social Security was designed to replace only about 40% of your current paycheck and less if you are a high wage earner.
Retirement Myth #2: I Am Going To Inherit Money From Mom And DadThe reality is there may not be a lot of money to inherit.
Retirement Myth #1: I Can Wait Until I'm Earning More Money To Save For RetirementThe reality is if you start later in your working career you will need to save more money than if you had started younger.
Small Businesses: Disaster PlanningMost small businesses, especially ones run from home, have not given enough thought to planning for disasters, natural or manmade.
Small Businesses: Retirement PlansIf you are smart enough to start your own business, you should be smart enough to start a retirement plan as well!
Small Businesses: Section 179 DeductionsNormally if you purchase capital equipment for your business, you don’t get to expense the total cost of the equipment the year you buy it.
Small Businesses: Schedule C - Your Tax DeductionsThere are many tax deductions for the self-employed and to learn more get yourself a good CPA for your team of advisors.
Small Businesses: Getting StartedAccording to the SBA, Massachusetts has close to 640,000 small businesses which employ 1.4 million folks which is about half the workers in Massachusetts and represents 99% of the businesses in the state.
Mother’s Day: Protecting Mom From The Bad GuysA third of scam victims are folks over 65 according to the AARP but they make up only 1/8th of the population.
Mother’s Day: InsuranceReviewing the insurance policies for mom will take some time but will be well worth it.