Downs Law Firm, P.C.
Taking Social Security while still working, may sound like a good way to boost your income while you prepare for your impending retirement, but this strategy can have unexpected costs.
While a will is one of the most important estate planning documents you can have, there are things that a will won’t cover.
You spend a lifetime building your business, so it’s crucial to have a game plan when it’s time to leave. Being prepared will help optimize the transition from a financial and tax perspective.
When you hear the word trust fund, you might think of wealthy kids a big chunk of cash on their 25th birthday. However, trust funds aren’t just for the rich. They are flexible tools to protect your loved ones.
All you have to do is type ‘maximize Social Security’ into Google or any other search engine and you will get hundreds, if not thousands, of hits.
As closely held business owners know, their financial plans, retirement plans, and estate plans are inextricably linked to the value of the business.
What is the size of the average retirement nest egg? It depends on what you mean by ‘average.’
One of the great things about being retired is that you no longer have a job tethering you to a particular location. You have the freedom to move. However, just because you can pick up and go, doesn’t mean it’s a good idea to go just anywhere.
Americans’ longer life spans mean that more families are ‘aging together,’ as researchers call the trend.
Once your money is in a retirement account, it’s there until you’re ready to use it, right? Not exactly.
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