by Derek Dall'Olmo | Dec 29, 2020 | Uncategorized
You know that old story – “Warren Buffett pays a lower tax rate than his secretary!” Is it true? Let’s take a look. He might – if he is paying taxes via long-term capital gains and his secretary is making a rather large salary (taxed at normal income tax rates). The...
by Derek Dall'Olmo | Dec 21, 2020 | Uncategorized
With technology and a proliferation of investment products comes more decisions to make, however. There is a fund for just about anything nowadays. 50 years ago if you wanted to invest in stocks, perhaps you walked down to your bank and sat down with a banker to go...
by Derek Dall'Olmo | Dec 16, 2020 | Uncategorized
Millennials and Gen Z are job-hoppers. Gone are the days of working decade upon decade at the same company, then retiring on a pension you worked so long to earn. It seems like everything just flipped on a dime, but the transition has been taking place since 1980 or...
by Derek Dall'Olmo | Dec 11, 2020 | Uncategorized
In the category of “something you hope to never use” you’ll find Medicaid. It’s a program for low-income individuals that helps with medical costs. While Medicare is a government benefit that retirees are eligible for at the right age, Medicare is more...
by Derek Dall'Olmo | Dec 7, 2020 | Uncategorized
Getting old in America has its perks. No, I’m not just talking about the senior discount at the movie theater or having time to shop at the grocery store when it is less busy. I’m talking about Social Security, Medicare, and Medicaid. Of course, you have paid into the...
by Derek Dall'Olmo | Nov 27, 2020 | Uncategorized
You’ve worked for decades, and are now looking forward to your golden years. Having a robust nest egg is critical to retirement planning. Think of retirement income like a 3-legged stool: your savings, your employer’s contribution (pension), and social security you...
