What Are Catch-Up Contributions Really Worth? What degree of difference could they make for you in retirement? Provided by Joe Occhipinti At a certain age, you are allowed to boost your yearly retirement account contributions. For example, you can direct an extra $1,000 per year into a Roth or traditional IRA starting in the year […]
April 2016 may have seemed like just another month on Twitch.tv, but the volume of Twitch partners struggling with the complexity of taxes on social media was louder than ever. People are continuing to take their hobby of streaming video games and turning it into careers, many with great success. These successful careers are […]
Retirement Planning Isn’t Just for “Retirees” By: Joe Occhipinti When people discuss the topic of saving or planning for retirement, the picture that often comes to mind is that of an employee that has been working for the same company for 20+ years and is on the verge of retirement. When I hear about […]
That development may mean lifestyle as well as financial adjustments. Provided by Joe Occhipinti Your significant other may retire later than you do. Sometimes that reality reflects an age difference, other times one person wants to keep working for income or health coverage reasons. If you retire years before your spouse or partner does, you […]
Some retirees save a great deal of money by doing so; others do not. Provided by Joe Occhipinti You want to retire, and you own a large home that is nearly or fully paid off. The kids are gone, but the upkeep costs haven’t fallen. Should you retire and keep your home? Or sell […]
We at Warren Street Wealth Advisors want to personally thank all of the lineman out there in the world. These brave people are on call 24/7, 365 to make sure that we still can still have power in all of our house, along with all the other luxuries we enjoy in our home. From all […]
Co-Authored by: Blake Street CFP® & Joe Occhipinti The world of eSports has turned a hobby into a full time profession for many people around the world. Streamers, professional players, and YouTube stars have been able to take their specific talents and turn their passion into a career. However, with this newly found cash […]
What is cost basis? Stepped-up basis? How does the home sale tax exclusion work? Provided by Joe Occhipinti At some point in our lives, we may inherit a home or another form of real property. In such instances, we need to understand some of the jargon involving inherited real estate. What does “cost basis” […]
Just how gloomy does its future look? Provided by Joe Occhipinti Will Social Security run out of money in the 2030s? For years, Americans have been warned about that possibility. Those warnings, however, assume that no action will be taken to address Social Security’s financial challenges. Social Security is being strained by a […]
It may be the best retirement planning tool you have. Provided by Joe Occhipinti Do you have a million dollars? At the moment, probably not. But if you invest and save diligently and let your assets compound, who knows? You may be a millionaire someday. In fact, you may need to be a millionaire someday. If […]