The US National Debt matters because higher debt results in: higher taxes, reduced ‘benefits’ and programs, higher interest rates, and a weak dollar. All of which will make the United States a much weaker and less free nation. It is stealing from the future by spending their money today and reducing growth now which hurts everyone in coming years.

“USADebtClock.com is the current incarnation of our debt monitoring efforts. Begun in 1987 with…

How to create passive income

From: REAP, LLC. | Retirement & Estate Advisors & Professionals

Creating passive income is all about careful strategizing and making the most of your time and money. Whether you’re looking for additional security during retirement or plan to retire early, developing multiple passive income streams can supplement or replace your existing sources of income and transform the way you spend your time.

Straightforward Options

Chances are, you’re already familiar with…

Optimizing A Retirement Portfolio Using Annuities

A pre-retiree heads into retirement with many goals, some at odds with others. Often these goals include: maintaining a high standard of living, not running out of money, leaving a legacy after death, etc. But, a retiree’s number one goal must be to not run out of money. In reality, having the right financial situation such that one can continue living without work and not run out…

Bonds Or Annuities: What’s The Best Way To Generate Retirement Income?

From: www.forbes.com

Many of us are familiar with and follow the “120 minus your age” investing framework. It says that you should subtract your age from 120 and invest that percentage in equities, putting the rest in fixed income. For example, a 50-year-old would be 70% (120-50) in equities and 30% (100%-70%) in fixed income. (Note that the rule used to…

Do you know what RMDs are?

From: REAP, LLC. | Retirement & Estate Advisors & Professionals

Tax-advantaged retirement accounts can help you build wealth and prepare for a comfortable retirement. However, you won’t be able to accumulate cash in these special savings vehicles forever. Owners of certain types of accounts will have to eventually start withdrawing their money in the form of required minimum distributions, or RMDs.

70 ½: The Number to Know

The IRS…

7 Mistakes to Avoid with Inherited IRAs – Things You did not Learn in School

From: www.irahelp.com

An inherited IRA can be a great thing for the beneficiaries. It is almost like winning the lottery or the Reader’s Digest sweepstakes. You get income for life, or do you? It is all too easy to miss out on this opportunity. The following apply to beneficiaries who are named on the beneficiary form. Beneficiaries…

Financial tips for every stage in life

From: REAP, LLC. | Retirement & Estate Advisors & Professionals

There is no one-size-fits-all strategy when it comes to financial planning, but it can be helpful to create a road map based on details like retirement goals, income bracket and how much risk you’re comfortable with. These often align with age, making broad generational considerations a good place to start.

Generation Z

The oldest of Generation Z are…

5 tips to live in retirement like this famous 98-year-old

From: www.marketwatch.com

Americans are living longer in their old age, and should be preparing accordingly.

Restaurateur Cecilia Chiang retired in 1991 from her business but you can still find her cooking at home or enjoying meals at restaurants in her neighborhood.

The 98-year-old is well-known for her Mandarin Restaurant in San Francisco, which she opened in 1961 and sold in 1991. She received the…