Posts by Barb

Achieving a high income and net worth is half the battle in the quest for financial security. The other half is trying to keep and grow your assets once you have them. While this latter half is perhaps a nice problem to have, it has been the cause of many a headache. One problem some…

If you are like many other hardworking adults, you may find yourself periodically dreaming about what life will be like after you leave the workforce and enter retirement. Regardless of whether you plan to simply kick back and relax close to home or you have grand dreams of traveling frequently in retirement, you will need…

A common problem faced by insurance and annuity holders relates to a need to upgrade to a better financial option without paying taxes on gains earned on the old policy. There are many legitimate reasons for wanting to upgrade. AAFMAA recommends a 1035 exchange to accomplish this objective. A 1035 exchange has a complicated set of rules…

The problem with taxes and inheritance is often misunderstood. After all, an inheritance is a gift, so why should anyone worry about having to pay taxes on a gift? The problem isn’t one of having to pay the taxes; it’s when they come due. The money that you have been tucking away into your traditional…

Investing in the stock market is an important part of any long-term investment strategy, but during retirement, the roller coaster ride that is today’s market can be a little difficult to stomach. While risk tolerance is a personal thing, everyone needs to recognize the two important changes during retirement that affect your ability to earn…