Planning/preparing for retirement has many similar steps that you might take if you were planning a home improvement project or an extended vacation. Let’s look first at the home improvement project. The likely first step would be to determine the ultimate goal….an addition to a home, a bathroom remodel, or a kitchen upgrade. Once that […]
70% of people over 65 will need care at some point. 80% of elder care is provided in private homes….only 13% receive care in nursing homes 66% of those with chronic illnesses receive all of their care from family members…..only 9% receive all their care from paid caregivers….26% receive both paid and family care. 2/3
Stock that was sold for a profit can result in capital gains tax. Look over your portfolio and check if you own stock that has lost value…..you can offset the capital gain with a capital loss. If you own a small business and are having a prosperous year, consider purchasing a new business vehicle, equipment,
Your CPA handles your tax preparation every Spring, but you also need a financial advisor who includes tax planning in your strategies for retirement! Your retirement plan with Golden Eagle Financial will provide a clearer view of what your retirement will look like tax-wise. Tax planning matters most in your fifties and sixties when you