by admin | Nov 14, 2023 | Common Cents
Albert Einstein is credited with saying, “Compound interest is the eighth wonder of the world. He who understands it earns it; he who doesn’t pays it.” In successful investing, compounding growth plays an outsized role in the outcome. Compounding in the investing...
by admin | Oct 23, 2023 | Common Cents
One of my favorite songs, California Dreamin by The Mamas and the Papas, starts off describing a typical autumn day and while I love that song, Mama Cass (born in Baltimore, MD!) failed to add the dizzying tax planning that accompanies those brown leaves and grey...
by admin | Oct 6, 2023 | Common Cents
For over a year the Federal Reserve has embarked on a massive interest rate hike aimed at taming record setting inflation in the wake of the Covid-19 pandemic and subsequent monetary and fiscal responses. For many people this is the first time that 7% mortgages and 5%...
by admin | Aug 27, 2023 | Common Cents
Question: After diligently maxing out my annual contributions to a Roth IRA in my early career, I am now fully phased out of the Roth IRA contribution income limit for a single taxpayer. While I still contribute to my employer sponsored retirement plan, can I truly...
by admin | Aug 13, 2023 | Common Cents
Healthcare is one of the biggest expenses in retirement. Medicare doesn’t cover everything, and healthcare costs tend to increase over time. Health Savings Accounts (HSAs) were created to help people put aside money for the expense of healthcare in retirement –...
