I’m 62, Have $800,000, and Will Receive $2,600 a Month from Social Security. What is My Retirement Budget?
Planning for retirement can be both exciting and challenging. Figuring out how much you can realistically spend each year is …
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My Tax Bill is Huge Because My Investment Accounts Do Not Retain Capital Gains. How Can I Mitigate This Situation?
Michele Cagan My investment accounts are not deducting taxes from my capital gains, causing me to owe large amounts when …
I Want to Convert $865,000 to a Roth IRA. How Do I Avoid Paying Taxes?
Converting a large amount like $865,000 to a Roth IRA is a strategic move to achieve long-term tax benefits — …
Ask an Advisor: I’m 65, Earning More Than Ever, and Won’t Be Retiring Anytime Soon. Should I Use My Roth IRA for a $30,000 Home Improvement Project?
Ask an Advisor: I’m 65, earning at my “absolute maximum” and not retiring anytime soon. Should I use my Roth …
Ask an Advisor: Can I Afford to Retire if I Move from New York City to Florida for Cost and Tax Reasons?
Financial advisor and columnist Brandon Renfro I am 54 and want to retire next year. I plan to move from …
Do I Have to Pay Taxes on My Inheritance?
SmartAsset: What you need to know about inheritance tax At some point in each of our lives, we have to …
Most People Fail This Social Security Quiz. Can You Pass?
Surprise Quiz: True or False – Social Security retirement benefits are subject to income taxes just like withdrawals from a …
I’m Selling My House and Getting $675,000 to Downsize Before Retirement. How Can I Avoid Capital Gains Tax?
It is often said that buying a home is one of the best investments you can make. And as with …