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Tag Archives: taxes
When Should You Take Your RMDs?
Retirement gives you plenty of choices. You can decide when to claim your Social Security, what Medicare coverage to buy, whether you want to travel or stay put, work part-time or relax. One aspect of retirement finances many people think … Continue reading
Millennials, Do Not Imitate Your Parents
They invested heavily in what was “hot” and got burned. A new generation of investors is coming to the forefront: your generation. Millennials have witnessed a fantastic bull market, one of the longest on record. Any given week, scary … Continue reading
When Is Social Security Income Taxable?
The answer depends on your income. Your Social Security income could be taxed. That may seem unfair, or unfathomable. Regardless of how you feel about it, it is a possibility. Seniors have had to contend with this possibility since … Continue reading
Posted in Blog
Tagged debt, fiduciary, hanover, hanover maryland, income, maryland, Michael Canet, planning, prostatis financial advisors group, Prostatis Group, retirees, retirement, savvy, savvy investor, social security, taxes
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5 Signs You Retired Too Early
The lure of early retirement is enticing, there’s no doubt about it. A 2015 study by the Boston College’s Center for Retirement Research shows us that the average retirement age for men is 62, and for women is 64. (1) But … Continue reading
Host Of The Savvy Investor Show, Michael Canet JD LLM, Discusses the 5 Signs You Retired Too Early
Michael Canet JD LLM, is a financial planner, estate planning attorney and host of The Savvy Investor TV and Radio Show, where he and Savvy Investor guests help listeners create, grow, and preserve their wealth. In this article, Canet discusses 5 … Continue reading
Posted in News
Tagged debt, fiduciary, hanover, hanover maryland, income, maryland, Michael Canet, planning, prostatis financial advisors group, Prostatis Group, reform, republican, Republican Tax Reform Plan, required minimum distribution, retirees, retirement, RMD, savvy, savvy investor, social security, tax, tax plan, tax reform, taxes
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Will Debt Spoil Too Many Retirements?
What pre-retirees owe could compromise their future quality of life. The key points of retirement planning are easily stated. Start saving and investing early in life. Save and invest consistently. Avoid drawing down your savings along the way. Another possible point … Continue reading
How Much Do You Know About Social Security? (Quiz)
Social Security can be complicated to navigate at times, but since it’s so vital to your retirement income plan, it’s important to make wise decisions and create strategies to optimize your benefits. If you’re planning for your retirement income and … Continue reading
Posted in Blog
Tagged fiduciary, hanover, hanover maryland, income, maryland, Michael Canet, planning, prostatis financial advisors group, Prostatis Group, quiz, retirees, retirement, savvy, savvy investor, security, social, social security, taxes
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Host Of The Savvy Investor Show, Michael Canet JD LLM, Talks About Financial Priorities Young Families Should Address
Michael Canet JD LLM, is a financial planner, estate planning attorney and host of The Savvy Investor TV and Radio Show, where he and Savvy Investor guests help listeners create, grow, and preserve their wealth. In this article, Canet discusses How … Continue reading
Posted in News
Tagged estate, family, fiduciary, hanover, hanover maryland, income, iras, legacy, maryland, Michael Canet, planning, prostatis financial advisors group, Prostatis Group, retirees, retirement, savvy, savvy investor, taxes
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Host Of The Savvy Investor Show, Michael Canet JD LLM, Discusses The Importance of Financial Literacy
Michael Canet JD LLM, is a financial planner, estate planning attorney and host of The Savvy Investor TV and Radio Show, where he and Savvy Investor guests help listeners create, grow, and preserve their wealth. In this article, Canet discusses The … Continue reading
Posted in News
Tagged debt, fiduciary, hanover, hanover maryland, income, maryland, Michael Canet, planning, prostatis financial advisors group, Prostatis Group, reform, republican, Republican Tax Reform Plan, required minimum distribution, retirees, retirement, RMD, savvy, savvy investor, social security, tax, tax plan, tax reform, taxes
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Have a Plan, Not Just a Stock Portfolio
Diversification still matters. One day, this bull market will end. In the first quarter of 2017, the bull market seemed unstoppable. The Dow Jones Industrial Average soared past 20,000 and closed at all-time highs on 12 consecutive trading days. The Nasdaq … Continue reading
Posted in Blog
Tagged finances, income, Michael Canet, portfolio, prostatis financial advisors group, Prostatis Group, retirees, retirement, savings, savvy, savvy investor, taxes
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