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This year appears to be a time of rapid change in every area of our lives. Even our income taxes will be shifting in 2020! Here is what you can expect. Stimulus payments. Economic impact payments, distributed by the IRS in response to the coronavirus pandemic, went out to millions…
The average millionaire has three or more sources of income. You probably aren’t surprised to learn that working a single job for several decades often does not result in this kind of wealth. Most of those who are successful in accumulating a sizable nest egg have spent years leveraging their…
Once you retire and claim your Social Security benefits, you expect to receive every penny due to you. Usually things go off without a hitch, but sometimes retirees find themselves surprised by a reduction in their benefits. As you continue to plan for retirement, keep these things in mind so…
You will often hear that retirement planning should begin when your career does, and then continue consistently throughout your working years. But even with steady, determined saving, you should remember these eight important milestones and learn what to do at each of them. Age 50. When you turn age 50,…
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