Tag: manage money
The tax landscape shifts suddenly when most Americans leave the labor force to retire. The single most important thing to remember is that income taxes can fall dramatically, because retirement incomes are typically lower and because all or a portion of your Social Security benefits will be tax-exempt. This was among the tax insights supplied…
Retirement is a joint project for married couples, but remarkably only 43 percent of couples plan for it together. Are wives to blame? Some husbands expressed frustration that their wives don’t engage in planning during a focus group conducted by Hearts & Wallets. One man reported that his wife “is not interested in investing,” and…
