Retirement is inevitable, even for the world’s richest people. You may be surprised to learn that many of the richest CEO’s retirement dreams include planning to work as long as they can. When interviewed a few years ago for the Forbes 400 ranking, three household name CEOs (Jeff Bezos, Warren Buffet, and Michael Dell)… Read more »
Currently, the United States has a federal estate tax of 40 percent; however, some states impose additional estate or inheritance tax on top of that. Estate tax and inheritance tax are terms that are often used interchangeably; however, there is a significant difference between them. Estate tax is a death tax that is calculated… Read more »
Traveling the world, hitting a round a golf, or relaxing on the beach. These were generally the common reoccurring thoughts about the ideal retirement. However, this may no longer be the case. More and more people are moving out to the Mountain West. According to United Van Lines’ National Movers Study, there was an… Read more »
In the digital age, misinformation—from nonsense to lies—spreads faster than ever and is becoming an area of serious research. These days, people must be able to spot false information on the web. Fake news has been a hot topic lately. Now, researchers are attempting to quantify when and why people spread it, who is… Read more »
Today, President Trump will be imposing new tariffs. Have you thought to yourself what this could mean to you? Many trade associations nationwide have come out against the new tariffs. The tariffs consist of a 25% tax on steel and a 10% tax on aluminum. Tariffs, as recent as yesterday, March 22nd 2018, have been… Read more »
Transitioning to retirement can be an exciting, but stressful process. People have many different goals they want to accomplish during their retirement years. Traveling to Venice, playing a round of golf, or sipping wine in Napa Valley all require financial savings. Whether our retirement objectives consist of traveling the world or getting better at a… Read more »
Too often, when it comes to our financial lives, we don’t look at the big picture. Instead, we move pieces around by replacing investments, insurance policies, debts, purchases, and the like––all the while paying too little attention to long-term and holistic perspectives. Your values and principles with money are not the same as everyone else’s,… Read more »
The cryptocurrency market has taken the investment industry by storm. Recently, Bitcoins have been in the news for its declining value. It was known for turning the average person into a millionaire overnight. So, what exactly is Bitcoin and Cryptocurrency? Bitcoin is one of thousands of cryptocurrencies in the market. Cryptcurrency are basically secret… Read more »
What sets you apart from the Warren Buffett’s of the world? The key to working more intelligently and constructively comes down to some universal mental models highlighted in this image. As an example, let’s focus on a few of the mental models highlighted on the right of the image; goal setting, compound interest and… Read more »