The Wall Street Journal article published here discusses the potential impact of the mid-term elections for certain provisions of the recently enacted tax reform bill.
A common retirement rule of thumb that we have written about in our blog in the past is the 4% rule for withdrawals from savings in retirement. A recent Market Watch article discusses the potential that this rule is inadequate for many investors.
Recent surveys show that more than half of American adults do not have a will and many more do not have a power of attorney or living will to govern their affairs if they become incapacitated. The realization that an estate plan is necessary often only occurs when an individual dies or becomes ill – in other words, when it’s already too late.