Blog

The wash-sale rule is a nasty little piece of tax code

The saving grace of making a poor stock or mutual fund investment in a taxable brokerage firm account is that you at least get a capital loss when you sell. The loss can then offset gains from your more successful investments, unless the dreaded wash-sale rules...

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Why (Prudent) Spending Rates Matter More Than Savings Rates

The media provides no shortage of articles giving recommendations of how much households should save to afford retirement, from rules of thumb like “save 10% to 15% of your annual income” to more detailed research studies providing “precise” savings guidelines based...

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75 Must-Know Statistics About Long-Term Care: 2018 Edition

If there's a single unsolved problem in the retirement plans for many middle- and upper-middle-income adults, it's what to do about long-term care costs later in life. Very high-income, high-net-worth people can plan to self-fund long-term care costs, though I'd...

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