Business Owners
Do you remember learning to count? How about teaching your children or grandchildren? Getting to one hundred was a big event. Eventually, you taught them about the thousands. Then, ten thousands. Then, hundreds of thousands. Then, millions. Perhaps you went as far as teaching them about billions. In today’s
Business Owners
I always hated when my parents talked about “the good ole days.” Let's take a step back in time to the year 1950 and remember what things cost at that time: · Gallon of Milk: $0.82 · Gallon of Gas: $0.20 · Loaf of Bread: $0.14 · Postage Stamp:
Business Owners
You may be in a once-in-a-lifetime opportunity to reposition your wealth—before the IRS takes a bigger bite. But like most windows, this one won’t stay open forever. A Closing Window Most Retirees Never See If you're a successful professional, business owner, or independent
Business Owners
If you were going to retire to a beautiful island, which one would you choose? Aruba is a beautiful country. Beautiful weather. Beautiful beaches. Not so beautiful for taxes. The marginal income tax rate is the tax rate applied to the last dollar you earn. In a progressive (or graduated)
Independent Women
What are you most afraid of? Here are the top five fears: 1. Public Speaking 2. Heights (my knees tremble) 3. Going to the dentist 4. Snakes (I hate snakes) 5. Flying In truth, everyone is afraid of something. As you get older, your fears change. According to a recent
Independent Women
Wealth Myth #12: The Misguided Loyalty Myth Joe Robbie, the founder of the Miami Dolphins, was a savvy, successful businessman and attorney. Yet… after his death, due to poor planning, the team and stadium that Robbie built had to be sold (at fire sales prices) to pay… …a $43 million
Business Owners
5 facts you will want to know about stress… Stress. We all experience it. Even reading the word increases stress. When you feel it, your adrenal glands go to work to produce more stress hormones that prepare your body for emergency action – fight or flight. Like running from a grizzly
Business Owners
Wealth Myth #10: The Search for the Magic Bullet Myth Magic Bullet - something that cures without causing harmful side effects. I always tell successful folks who seek me out for help, there is nothing I (or anyone) can offer you that doesn’t have side effects. Do you believe that?
Business Owners
Here is an interesting fact about flying. And the reason to thank your pilot… and the instruments. If you fly off course just one degree, you will miss your target landing spot by 92 feet for every mile you fly. The longer you fly, the more you will go off
Business Owners
Wealth Myth #8: The 401(k) Binge Myth “Binge on your 401(k).” [Binge – a period of excessive or uncontrolled indulgence.] They don’t say it that way. They say everyone should “max out” their retirement monies – IRAs, 401(k) Plans, 403(b) Plans, SEP Plans, Profit-Sharing Plans, Defined
Business Owners
Let me tell you a story… Once upon a time, there lived a beautiful queen and her handsome king in a castle in the middle of a fair land… You've read many, many stories like this before. What’s the first thing the king would build around his
Business Owners
I shared with you 5 Wealth Myths over the past month Myths (if undetected) lead to mistakes. Costly Mistakes. That’s why myths are critical to identify and quantify their impact. In times of uncertainty, informed action is your best ally. There are NEW forces at work in the economy