Beware of giving up financial assets to the state - 6/6/2017

A friendly warning: Don’t unknowingly give your property to the state.

Common law in the United States includes a process in which unclaimed property is turned over to states. The intent of this process, called escheatment, was to ensure that property would be properly cared for if the owner died and heirs were not apparent.

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Use your tax forms to boost finances - 4/11/2017

With the 2016 federal tax return filing deadline of April 18 – yes, that is correct – rapidly approaching, let’s talk about how you can use your tax forms to improve your finances.

Before you file away your 2016 tax forms, spend a few minutes to see how it can help plan your finances and taxes for 2017.

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Reducing your income risk is crucial when investing - 2/14/2017

When investing and managing your money, you must consider and deal with a number of potential risks. These include general market moves, individual company, interest rate, inflation, default, political, currency, liquidity, volatility and others.

Some of these are more important at different times in one’s life. If you are relying on your investments to provide income to pay your expenses, you are rightfully concerned about the stability of income. How concerned you are depends on whether this income is needed to cover basic expenses or is used for discretionary purposes.

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Why everyone needs to own bonds - 12/6/2016

Everyone should own bonds or bond-like investments, though you might ask why would anyone want to own bonds at this time. Interest rates are going up and the math says the financial value of bonds will decrease. The value in owning bonds is not just for the known rate of income but also to provide a less-volatile rate of return and to provide stability to a portfolio. Providing stability and helping us deal with our instinctual desire to make the wrong moves at the wrong times may have the most value for investors.

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Investing in a world of negative interest rates - 10/18/2016

More than 25 percent of bonds are yielding less than zero percent. That means when the bonds mature, owners will receive less than they paid for them. This is a scary scenario for any bond investor as security of principal and low-risk returns are the main reasons to hold bonds.

This begs the question: Should the average investor hold bonds? For most investors, the answer remains yes. However, it will pay to be more selective than you might have been in the past.

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Optimize withdrawals from your retirement savings - 6/28/2016

How you take withdrawals from your retirement and other savings can influence your tax payments, Medicare premiums and how long your savings last. The best withdrawal plan for you depends on your income from Social Security, pensions, annuities and other sources, the amount and location of your savings, and how much you want to pass on.

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Lakewood Ranch financial planner looks at costs of health care in retirement - 3/22/2016

It is no secret that health care is expensive. For most of us, annual health-care costs increase as we get older and threaten to become our largest expense item. Fidelity's latest study proclaims that the average 65-year-old will need $245,000 to cover health-care costs in their lifetime. Let's explore what the real costs might be and some ways to deal with them.
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It's Tax Time. Are You Ready? - 1/25/2016

Earnings and investment tax forms will start showing up in your mailbox over the next three weeks. Don't just wince and put them in a pile. Take control and make next year better.

Here are a few things you can do to help smooth doing your taxes and 2015 tax law changes that might affect you.
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Giving thanks and leveraging our gifts - 11/24/2015

As we celebrate Thanksgiving and the end of year holidays, giving to others comes into sharper focus.

Many of us are fortunate and have many reasons to be thankful. Gifts of our time, skills or money can assist individuals, institutions in the community or people we personally know. These gifts can help to raise everyone to a higher level. If think about how we give, we can leverage our financial gifts and increase the benefits to all.
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Diversify your investments with cash options - 9/1/2015

The global investment markets provided another lesson last week on the benefits of diversification and holding some cash. If you have a diversified portfolio, including some bonds and cash, you did not experience as deep a drop in value as in stock markets. As a side benefit, you had the opportunity to buy investments at a discounted price with part of your cash. The nagging question for many investors is that holding cash has a cost when markets are performing well.
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16 June 2017
Bradenton Herald Articles
A friendly warning: Don’t unknowingly give your property to the state.Common law in the United States includes a process in which unclaimed property is turned over to states. The intent of this process, called escheatment, was to ensure that property...
24 April 2017
Bradenton Herald Articles
With the 2016 federal tax return filing deadline of April 18 – yes, that is correct – rapidly approaching, let’s talk about how you can use your tax forms to improve your finances.Before you file away your 2016 tax forms, spend a few minutes to see h...
15 March 2017
Bradenton Herald Articles
When investing and managing your money, you must consider and deal with a number of potential risks. These include general market moves, individual company, interest rate, inflation, default, political, currency, liquidity, volatility and others.Some...
11 December 2016
Bradenton Herald Articles
Everyone should own bonds or bond-like investments, though you might ask why would anyone want to own bonds at this time. Interest rates are going up and the math says the financial value of bonds will decrease. The value in owning bonds is...