The Risk In Abundant Markets
Many Seattleites, especially long term ones, have been buffered from the severity of losses many other parts of the country experience.
For a multitude of reasons, real estate has always (’08-’11 excepted) increased in value and received multiple offers at sell time.
Retirement Accounts and Bankruptcies
It’s common knowledge that 401(k)s, 403(b)s, IRAs, and HSAs are profoundly powerful tools to get you to your goal of retiring. Perhaps what isn’t as well known is that these assets are protected from personal bankruptcies and lawsuits.
(Almost) Never Assume An Inheritance
A windfall of money from someone passing away can be a life-changer.
It’s prudent not to assume things in life, especially with respect to an inheritance.
But 2 things determine if a beneficiary counts, quite literally, on it.
Married With Student Loans
There usually aren’t too many scenarios where Married Filing Separately materially benefits either spouse. A scenario in which Married Filing Separately tends to be applied is when a couple has decided to live separately.
But another one has become more prominent,
Collectibles: Investment or Consumption?
You might know someone who collects something: music, furniture, comic books, memorabilia, table settings, gundams. Likely they know that these items rarely, if ever, appreciate in value.
But sometimes emotions can override logic, and we find ourselves justifying
The Anatomy of A Mid-Life Change
What happens to people who make a mid- life change? How are their financial lives and financial goals changed?
Why am I writing about this in a financial planning blog? Because usually money is involved.