What is Deflation?
Deflation is the opposite of inflation. It is the decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy. Let’s break that down. If the Federal Reserve wants to contract or reduce the amount...
Has Gifting Lost Its Flair?
From 1987 to 1994, the Estate Tax Exemption was set at $600,000. If your estate was valued more than the exemption, you were assessed estate tax which could be as much as 55%. At that time, people often used their annual Gift Tax Exclusion to reduce the size of their...
3 Ways to Beat Inflation
Inflation is real and a serious threat to your retirement plan. Living comfortably on $8,000/month now could mean a second job 20 years from now considering historical inflation rates. In this post, I want to cover three things you can do now to beat inflation later....
