Can You Afford to Lose 29-30% Of Your Retirement Savings?Just south of ‘Sawmill Creek…..Hi Kevin Pritchett here Look…I don’t have a crystal ball and I can’t predict the future. But here’s what I DO Know…..==NOTHING including the stock market rises forever ==What goes up goes down…eventually = Stock market losses are THE most devastating […]
Just south of ‘Sawmill Creek…..Hi Attorney Kevin Pritchett here I conclude this Basic Estate Planning Series with an explanation of the centerpiece of a proper Estate plan…The Revocable Living Trust “What Is A Revocable Living Trust?” A Revocable Living Trust (RLT) is a document you sign that provides for the transfer of all […]
BANK CD REPLACEMENT: EARN 4% FOR 5 YEARS RATHER THAN BANK LOUSY 1% Just south of Saw Mill Creek… Hey Kevin Pritchett here: Lousy 1% Bank CD Rates Got You Disgusted? You want safety so you buy a bank CD. Currently rates are at 1% or so….at that rate you’re not even […]
Just south of ‘Sawmill Creek…..Hi Attorney Kevin Pritchett here “What Is A Power of Attorney For Property?” A Power of Attorney For Property is a document you sign that gives the person you designate the power to handle business matters for you in the event you are unable to make decisions for yourself. A […]
Just south of ‘Sawmill Creek…..Hi Attorney Kevin Pritchett here Before I answer the question of “Will Social Security Run Out? I have to explain how Social Security is funded and hence how you are taxed for it. How Much Social Security Tax Will You Pay? Social Security taxes are paid on amount of all wages […]
Just south of ‘Sawmill Creek…..Hi Attorney Kevin Pritchett here Business Structure Part 2“Which Business Entity Structure Is Right For You?” Today, I’ll cover the ‘Sub Chapter S’ Corporation structure. Let’s dive in.Sub Chapter S Corporation The most simple corporation structure is the Sub Chapter S Corporation. Like all corporations, the Sub […]
Just south of Saw Mill Creek… Hey Kevin Pritchett here: Recent stock market gyrations got you worried? Don’t lie…you KNOW you’re worried…and you SHOULD BE!! Can you…–afford to lose 10%…20% or more of your retirement portfolio? –devote the time it would take to recover any losses (aka postpone retirement…aka WORK LONGER???? I KNOW you can’t…NOBODY […]
Just south of ‘Sawmill Creek…..Hi Attorney Kevin Pritchett here “Social Security Survivor Benefits: How Much Do I Get?” As I’ve shared with you previously Social Security is a convoluted and complicated benefit maze. You CANnavigate it but you’ll need to know the lay of the land. Today I’ll go over SURVIVOR BENEFITS. […]
Just south of ‘Sawmill Creek…..Hi Attorney Kevin Pritchett hereBusiness Structure Part I”Which Business Entity Structure Is Right For You?” As you can see from the chart above the answer to the “which entity structure’ should I use?” question is REALLY about….. TAXES More specifically, saving taxes. Also PERSONAL LIABILITY Starting with this newsletter, I […]
Just south of ‘Sawmill Creek…..Hi Attorney Kevin Pritchett here“What Is A Roth IRA?” There are two basic types of IRA retirement accounts. ==The Regular IRA ==The Roth IRA A Regular IRA: ==$6,000 annual deposit limit ($1,000 catch up if over age 50) ==money grows tax deferred during your working years ==at retirement you get […]