by Joe Allaria CFP®, MBA | Aug 23, 2024 | Article, Retirement Planning
Can I Retire at 60 with $1 Million Dollars? Key Takeaway: Yes — if you spend carefully, manage withdrawals wisely, and adjust for longevity and market swings, retiring at 60 with $1 million can work, depending on your lifestyle and expenses. Retiring with a million...
by Joe Allaria CFP®, MBA | Jul 16, 2024 | Article, Retirement Planning
Semi-Retirement and How it Can Benefit You Key Takeaways: Phasing into retirement with a “semi-retirement” stage — reducing work hours instead of quitting cold turkey — can ease financial and emotional transitions while still generating income. Keeping some earnings...
by Joe Allaria CFP®, MBA | Jun 20, 2024 | Article, Portfolio Management
What Does The Stock Market Do in an Election Year? Key Takeaway:During an election year, the stock market tends to behave much like any regular year — with many years producing positive returns — even though volatility often rises as investors react to election...
by Joe Allaria CFP®, MBA | May 24, 2024 | Article, Tax Planning
Reduce Taxes with Charitable Giving Key Takeaways: Donating appreciated stocks or mutual funds — instead of cash — can let you skip capital-gains tax and still deduct the full market value as a charitable donation. If you’re over age 70½, using a Qualified Charitable...
by Joe Allaria CFP®, MBA | Apr 10, 2024 | Article, Estate Planning, Portfolio Management
Assets and Aging: Should Parents & Adult Children Co-Own Assets? Key Takeaway: Co-owning assets with an aging parent is usually not recommended because it can create tax problems, expose the assets to the child’s risks, and unintentionally override the parent’s...
by Joe Allaria CFP®, MBA | Mar 15, 2024 | Article, Portfolio Management
Social Security Benefits: Will I Get Any? Key Takeaway:Yes — if you’ve worked enough years to earn enough Social Security credits (generally 40 credits, roughly 10 years of work), you’re likely to receive benefits under the current rules. In today’s uncertain...
Recent Comments