Latest articles by Evan T. Beach, CFP®, AWMA®
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Three Reasons for Retirees to Lease a Car Instead of Buy One
If you're not commuting any longer, the annual mileage caps on leases may not be a concern, and who can complain about getting a new car every three years?
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Five December 31 Tax Deadlines for Retirees
The end of the year will be here before you know it, so it might be a good idea to start thinking soon about what you need to do for taxes before it arrives.
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The Three Biggest Retirement Planning Gaps I See Among DIYers
Consulting with a professional, especially when it comes to insurance and taxes, could save you a ton of time and hassle and money.
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Do 1031 Exchanges Make Sense for Baby Boomers?
Here are four scenarios in which a 1031 exchange to defer capital gains taxes would be worth exploring if you're a Baby Boomer selling property.
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Should You Delay Social Security if You're Wealthy?
Here are three scenarios in which you might want to consider claiming Social Security benefits later if you have saved a significant chunk of change.
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Four Things to Consider Before Giving Your Kid a Down Payment
Younger generations sometimes face an uphill battle to buy their first home. Here’s how to decide if you can help — or if you should.
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Three Reasons to Consider Roth Conversions in Your Peak Earnings Years
It might seem counterintuitive, but there are scenarios in which it would make sense to lock in lower marginal tax rates.
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What’s the Best Age to Buy Long-Term Care Insurance?
Understandably, you don't want to pay for too long or pay too much, so here's what to consider when you're deciding when to buy long-term care insurance.
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Before Doing a Roth Conversion, Evaluate These Three Thresholds
To avoid getting flattened by higher taxes or Medicare premiums related to Roth conversions, make sure you look both ways on your tax rates.
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How to Give to Charity and Also Generate Retirement Income
Two ways to give to charity — a charitable gift annuity and a charitable remainder trust — can save you taxes and generate income.
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How to Score a Hole in One With Your Retirement Planning
The easy swing and follow-through of retirement planning starts with simple fundamentals. Start with your stance (aka your financial plan), choose the right club (aka asset allocation) and go from there.
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Five Next-Level Questions to Ask a Prospective Financial Planner
These questions go beyond the basics and may actually help you decide whether a particular financial planner is right for you.
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Roth Conversions: The Case for and Against Them
Roth IRAs Have you been tempted to jump on the Roth IRA conversions bandwagon? Check out the pros and cons to see if they make sense for you.
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Are You a Baby Boomer With Too Much Cash? Three Scenarios for What to Do
Investing in the market while the market is high might not seem like a good idea right now, but here are three scenarios to help you decide what to do.
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Asset Allocation for Retirees: Five Things to Consider
Everybody’s retirement is different, so the answers to these questions can help you determine the appropriate asset allocation for you.
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Want a Vacation Home? Three Ways the Math Can Work
You might not see much in the way of tax breaks on a vacation home, but these three tax considerations could make a difference.
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Four Actually Legit Reasons to Take Social Security Early
Don’t take a non-expert’s advice on when to claim Social Security benefits — they don’t know everything about your unique situation.
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Retired and 'Stuck' With a Mortgage Below 4%? You Have Options
You may feel like a mortgage prisoner, but your options may be more doable than you think.
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Five Ways to Make Retirement a Little Less Scary
To avoid lying awake at night once you’re retired, consider having these strategies in place before you take the plunge.
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Three Ways to Give to Your Kids Tax-Free While You’re Still Alive
Parents can see the positive impact of their giving through tax arbitrage, giving cash (within limits) or directly paying for school or medical expenses.
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What to Expect in a Gray Divorce (and Three Steps to Prepare)
Legal costs, how assets are divided and other expenses can be eyebrow-raising. Being prepared before you start the process is critical.
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Four Ways to Give Money Tax-Free to Your Kids When You Die
If you’d prefer that your estate not pay more taxes than necessary, then these strategies are for you.
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Should You Pay Cash When You Downsize? Here Are Three Scenarios
The proceeds from selling your current home have made it possible to pay cash for your retirement home, but should you skip the mortgage?
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Six Biggest Mistakes Made on Retirees’ Tax Returns
Reducing your lifetime tax bill is the goal, so if you or your tax preparer made any of these mistakes, an amended return or better planning might be in your future.
