If you can sell your house you might consider renting out your current residence. If you convert your residence into a rental, you can probably shelter most or all of the rental income with tax deductions, including depreciation write-offs. MarketWatch has more on the ins and outs of renting your house.
Outsmarting Smart Phone Thieves
May 16, 2013 By Leave a Comment
Last year, nearly half of all robberies in San Francisco involved a smartphone. The New York Times offers some tips to outsmart those who profit by stealing smartphones.
Spring Clean Your Finances
May 15, 2013 By Leave a Comment
Spring is the perfect time to perform an annual evaluation and tidying up of your budget, bank accounts, debts, and investments. Time magazine has are ten steps for straightening up your finances.
Cut Out-Of-Pocket Medical Expenses
May 13, 2013 By Leave a Comment
Annual out of pocket medical expenses jumped 4.6% in 2011. To hold your expenses down you can try these strategies.
Target-Date Fund Risks
May 10, 2013 By Leave a Comment
Target-date funds typically increase their holdings of bond as the target date (linked to the investor’s expected retirement year) nears. But if interest rates rise causing a drop in bond prices investors risk losing part of their nest eggs.
What Are Your Real Retirement Costs?
May 9, 2013 By Leave a Comment
A major element of retirement planning is calculating the amount of money you’ll need to live the way you want to during retirement. US News & World Report lists five important yet often-overlooked retirement costs that you’ll want to consider.
Top 5 Questions about Social Security
May 8, 2013 By Leave a Comment
Do you pay taxes on my Social Security income? What is the maximum full retirement benefit that I can receive? Can I receive Social Security benefits without being subject to an earnings limit? Find the answer to these and other questions here.
What Happens to Your Mortgage When You Die?
May 7, 2013 By Leave a Comment
What if your parent leaves you a mortgage balance when they die? While the mortgage is not yours, if you don’t make the mortgage payments or sell the house, your parent’s lender can start foreclosure. FoxBusiness presents four options to handle an aging parent’s estate before they pass away.
10 Things the Wedding Industry Won’t Tell You
May 6, 2013 By Leave a Comment
The average wedding costs $25,656, that’s a big investment and there’s a whole industry waiting, for better or for worse, to take your money. As the wedding season nears find out the top ten pitfalls in planning a wedding.
Why You Should Never Wait Until After 70 to Take Social Security
May 3, 2013 By
There is no increase in your retirement benefit for waiting beyond age 70. If you wait until age 72, you will simply give up two years of retirement benefits. You should, of course, wait until 70 if you can afford to, since your benefit will be 32 percent higher than if you were to take benefits now, at age 66.
