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Category Archives: Articles
The Rough Consequences of Not Saving for Retirement
Do you really want to risk facing these potential outcomes? Saving for retirement may seem a thankless task. But you may be thanking yourself later. Putting away a percentage of one’s income, money that could be used for any … Continue reading
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Tagged finances, income, married, marry, Michael Canet, prostatis financial advisors group, Prostatis Group, retirees, retirement, savings, savvy, savvy investor
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The Federal Reserve Raises Benchmark Interest Rate
Monetary policy is normalizing due to economic improvement. On March 15, the Federal Reserve raised the benchmark interest rate by a quarter-point to a range of 0.75-1.00%. The increase was widely expected, and it represented a vote of confidence in … Continue reading
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Tagged income, interest rate, iras, Michael Canet, prostatis financial advisors group, Prostatis Group, retirees, savvy, savvy investor, taxes, women
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Should Women Strive to Work Past 62?
The argument for doing that is pretty convincing. Every now and then, you read an article about a woman past the age of 65 who says she loves her job and will “never retire.” In addition to keeping herself engaged … Continue reading
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Tagged income, iras, Michael Canet, prostatis financial advisors group, Prostatis Group, retirees, savvy, savvy investor, taxes, women
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Will You Avoid These Estate Planning Mistakes?
Too many wealthy households commit these common blunders. Many people plan their estates diligently, with input from legal, tax, and financial professionals. Others plan earnestly, but make mistakes that can potentially affect both the transfer and destiny of family wealth. … Continue reading
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Tagged estate planning, income, iras, Michael Canet, prostatis financial advisors group, Prostatis Group, retirees, retirement, savvy, savvy investor, stretch IRA, taxes
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A Guide To 2017 Tax Law Changes (And More)
As taxpayers and tax preparers send in 1040 forms for 2016, they are also wondering about the changes to federal tax law that may occur in 2017 and 2018. Will President Trump’s administration be able to follow through on his campaign … Continue reading
Posted in Articles
Tagged estate, income, iras, legacy, Michael Canet, planning, prostatis financial advisors group, Prostatis Group, retirees, savvy, savvy investor, tax changes, taxes
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6 Surprising Facts About Retirement
Americans are living longer than ever before, resulting in lengthy retirements. But if you assume most people are saving more in order to prepare for their long-term needs, you’d be mistaken. Here are some of the more startling truths about … Continue reading
Posted in Articles
Tagged estate, income, iras, legacy, Michael Canet, prostatis financial advisors group, Prostatis Group, retirees, savvy, savvy investor, taxes
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5 Things You Can Do Right Now to Help Improve Your Retirement Outlook
When you’re about five years away from retiring, take these five steps to complete your retirement masterpiece. When most people think about retirement planning, they put the focus on growing their money. Their mood rises and falls with every roller-coaster … Continue reading
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Tagged estate, income, iras, legacy, Michael Canet, prostatis financial advisors group, Prostatis Group, retirees, savvy, savvy investor, taxes
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Home Sweet Home
Like other aspects of the economy, the real estate market has been slow to recover to “normal” levels. But we believe there are some positives that come with the lull in housing sales. In some pockets of the country, prices … Continue reading
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Tagged elections, Michael Canet, prostatis financial advisors group, Prostatis Group, real estate, retirees, savvy, savvy investor
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It’s Never Too Early to Plan Your Retirement
Even when you’ve determined an exact date you want to retire, it’s hard to know how many years your retirement will last. So it stands to reason that planning for an early retirement could be a challenge. However, there are … Continue reading
IRS warns of top 3 tax scams for 2016
The start of tax filing season means the start of tax scam season, and this year the scams are expected to be worse than ever, despite new anti-fraud measures enacted by the IRS. So the agency is warning about the … Continue reading