Florida is one of nine states in the country with zero state income tax; residents of New York, Pennsylvania and Massachusetts incur significant state income taxes and state death taxes. If you are reading this article, you are either a permanent resident of Florida or a visitor. Many visitors like it here so much they…

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We have all heard the phrase “past performance is no guarantee of future results.” The average 60/40 stock portfolio has performed quite well since 1982, with an average return of about 10.2 percent1, although the average equity mutual fund investor typically earned less than 4 percent2 during that time, but that’s another story. The last…

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According to the National Council on Aging, more than 10 percent of adults over the age of 60 are victims of elder abuse. Elder abuse can occur in many forms, from physical and emotional to even financial. Moreover, this figure may be low because many instances of abuse are never reported. At some point in…

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Back in 1999, I recall meeting with clients regarding their financial planning. At the time, most people were enjoying stellar returns in their tech-heavy portfolios and they tended to be unrealistically optimistic. When I would suggest the assumptive rate of 10 percent for future planning purposes, they would typically chastise me for proposing such “conservative”…

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