Browse Month by March 2016

Saving Money on Healthcare Costs in Retirement

Healthcare expenses in retirement is a growing concern for retirees. The increasing costs of healthcare and the inflation factor that goes along with it creates a growing need for advanced planning related to preparing for these costs. Currently Medicare Part B inflation is running around 8% and Part D around 7%.

Healthcare and Medicare expenses are one of the largest expenses – even larger than recreation and housing costs combined. Consumers are often confused when it comes to what is the proper amount to plan for on the “Medical Expenses” line item on their household budgets. Many do not realize that an individual’s Medicare premiums are affected by one’s annual income. Understanding one’s MAGI (Modified Adjusted Gross Income) and implementing strategies to plan around certain income thresholds can positively affect healthcare expenses in retirement.

Here’s an example – a married couple who moves their tax bracket one threshold lower can save $70,000 over their lifetime. How can planning make that happen?

Non-qualified annuities, Health Savings Accounts, Permanent Life Insurance, Reverse Mortgages, ROTH IRAs, are all ways to reduce one’s taxable income. Required Minimum Distributions (RMDs) occur when an IRA owner is forced to begin to take withdrawals from their IRAs in the year in which they turn 70 ½ years of age. Utilizing strategies to reduce IRA balances earlier in one’s retirement – such as ROTH Conversions, early withdrawals, and QLACs (Qualified Longevity Annuity Contracts) are ways to reduce the amount of funds that must be taken from IRAs under the RMD rules – and thereby reduce taxable income.

Annuities that are in payout phase use a tax basis called “Exclusion Ratio” – this simply means that the payment that someone receives is treated as part “return of investment” and part “taxable interest”. Annuities can take lump sum deposits and create guaranteed lifetime income with potentially solid benefits from a tax planning standpoint. On the Permanent Life Insurance front – cash value in life insurance contracts can often be accessed tax free through a provision of policy loans. Finally – Reverse Mortgages create funds that are not subject to state and federal income taxes.

Health Savings Accounts are becoming a notable tax planning tool. They have “triple tax advantages” and if implemented early can create a tax free pool of funds that can be utilized to fund healthcare expenses later in life.

In closing – tax planning goes hand in hand with investment planning. Combining both tax and investment planning can create real savings into retirement years. Retirement is mainly about income more than growth. Controlling expenses – which taxes and healthcare are front and center – can put more spendable money into retirees pockets to help them enjoy their retirement years.



Investment Services Online

Investment services online are everywhere. You can invest in investment stock, investment securities, investment loan property, guide investment, etc. The only true investing opportunity you should do online is forex investing. With the proper education and the right forex training you can make millions in the blink of an eye in this fast growing, high paced investment industry. People devote so much money per year to fraud investment and investment bonds, but they do not realize how great forex investing actually is.

Let me give you a little bit of a brief history on forex investing. Forex investing has been around for decades but it has been a pretty much untapped market for the single investing consumer. This market has been completely dominated by the big players such as multi-national corporations and large financial institutions. They had a huge investment return on their money for decades. 2 TRILLION dollars are traded everyday on this unregulated market. That is why this forex market is by far the largest investing market in the entire world.

Before you jump into this huge earning potential market you must understand a few things:

DO NOT JUMP HEAD FIRST INTO THIS MARKET WITHOUT THE PROPER TRAINING. Just like the title says in bold, you need to spend at least a few weeks reading forex ebooks, doing forex demos, and all the forex training you can get. The great thing about the forex market is the free resources you have available for training. No other market has even close to this many free resources. The best training you can ever have is creating a forex demo account. You need to create a forex demo account and use “fake money” to get a feel of what it would be like trading currency with real money. In about a week, with using the proper forex ebooks and forex strategy, you will be rolling in the fake money dough in no time and be able to jump right into the best investment opportunity possible; forex investing! For as little as $25.00, you can begin your forex investing career. You must be properly forex trained and well equipped and able to adjust to change.

This is a market that is constantly fluctuating and changing and by you having a great grasp on the world events around you will give you a step up from the rest in this market. This is not like the fremont investment loan or investment property, this is investing in the real deal! With the proper education and learning abilities you have with all the online resources, you will be on your way to earning millions in no time. The great thing about this market is you can trade currencies 24 hours a day, 5 days a week. It is just like Las Vegas, instead of the city it is the market that never sleeps. The best thing you could ever do is just have the proper never give up attitude and self-determination; you will be going a long way in this market. I wish you the best of luck in your future forex trades.



Simple Steps To Increase Your Leap In Days

Follow these simple techniques below and you will notice in a couple of weeks that increasing your vertical jump is not too hard and does not take too long easy – as long as you are committed to work on it, and can dedicate time on a daily basis.

How to Increase Your Vertical

Well for starters, a healthy diet is always essential. You need to fuel your body as you start an exercise program specifically to increase vertical jump. Make sure you eat plenty of fruits and veggies, lean meats and dairy. This will replenish your energy levels. Also, take a multivitamin to ensure all nutrients are being provided.

Second thing – and this is VERY important, increasing your vertical means working out. And not just once, but on a regular basis. Great exercises to jump higher include squats, lunges, crunches and knee bends. In addition, sprinting and stair climbing are vital when learning how to jump higher. Make sure when exercising that you are working out all the muscles in your body (at one time or various times). Furthermore, always make sure you warm up first by doing some light jogging or some stretches. Remember, when exercising to increase vertical jump you must still give yourself time to rest. Work out 5 days a week and let your body rest the other two days.

By improving your jumping technique, several inches can be added to your vertical jump in about a week. How to increase your vertical includes knowing how to jump properly. Try to get someone to tape you jumping and watch it while paying close attention to what you do while jumping. Things like what foot you are jumping with, the angle of your body while jumping, if your body is tensed when jumping (shouldn’t be). Then alter your jump accordingly.

How to increase your vertical jump can be done correctly if you invest in a manual to teach you the proper techniques. The top how to increase your vertical program is called The Jump Manual. This is amazing software that gives you everything needed to learn how to jump higher. You will receive workout chart, a nutrition plan and videos to show you not only what exercises are most effective to increase your vertical but how to do those exercises accurately. In addition, it guarantees that you will jump much higher in two weeks or less.

How to increase your vertical takes time and effort but it will be more than worth it when you see the results. You’ll be amazed at how much higher you can jump.



The No 1 Investment Tip

Get rich fast. 350% profit in just one month! 25 and already a millionaire investor. This share will at least TRIPLE over the next year.

Sounds really good? Yea, and they’re probably too good to be true.

You are probably reading this because you are interested in the next big investment tip. You want to invest your money but promises of fast returns often derail you to click onto articles like this.

So here’s my No.1 investment tip: Don’t follow tips.

Don’t Follow Tips

It’s always very tempting to listen to what you friends are saying and then follow suit. You see, if they are right about the next hot investment, both of you can reap the rewards and celebrate together. And if they’re wrong? Well all sorts of thoughts come into mind. Oh man I listened to the wrong person. Maybe I should have followed Alex’s advice instead. He seems better at investing.

All except maybe I should have done my own due diligence in my investment decisions. Doing due diligence does not equate to spending hours listening to the tip-giver and trying to get yourself convinced that this investment shall be the next big thing.

Carrying Out Your Own Due Diligence

It refers to taking a step back from all the noise and starting to understand what you may be going into. There are definitely many pros in buying a certain share, but do consider the downsides. What if the deal did not go through? Is this industry really thriving? Having a balanced view of the potential investment is crucial.

How Much Can You Put Into Investments?

Next, understand your current financial position. In my view, investments should always be made with the excess funds one have, not with the money you need on a routine basis like rent, meals and transport etc.

Assuming you have $2000 in extra cash, is it enough to make the investment? Share prices may be above $2 whereby $2000 is not enough to purchase 1 lot (1000 shares) of the shares which is normally the smallest quantity. Next, have a plan to execute your investment.

Have a Plan and Follow it

An investment plan should be simple and customised to your own needs. To develop a plan, first consider the following points:

1) How much spare money do I have for investment? Will I need it any time soon?

2) Am I comfortable to put this money into investments, knowing that there is a possibility of me losing everything?

3) I’m not a daring person, so $____(your own funds) is the maximum I’m willing to lose.

Knowing how much you are willing to risk is critical because many just jump into investing without knowing their psychological limits. Once they make a loss, they just decide to hold on to the shares till it comes back to the original price and then sell them away, relieved that they did not make a loss.

This action is dangerous because share prices may not rebound back to the previous levels or worst still continue to tumble. As losses become bigger, you may feel helpless and regretful. Even if prices rebound and you manage to sell it at previous levels, you have just wasted your effort and time to monitor this ‘investment’.

By knowing the maximum you are willing to risk, you can learn to cut your losses when you are wrong in investments.

Example of an Investment Plan

For example, you may have done your due diligence and decided that Singtel is a good stock to own. As of my writing now, Singtel’s share price is currently $3.86. You have $4000 spare for investment.

You feel that your tolerance for risk is high and you are willing to risk a maximum of 25% of your money, which equates to $1000. You’re looking for dividend returns from Singtel and you are willing to sell Singtel at a profit if the share price reached $5.

With the $4000, you buy 1 lot of Singtel shares:

1000 shares (1 lot) X $3.86 = $3860
Total Investment Amount = $3960 + $30 (estimated commission charges) = $3990

If the share price falls to $3.00, do not panic. You have already established that your maximum allowable loss is $1000, which means you will only sell if the price falls to approximately $2.86. Sometimes, others are unable to take the emotional stress and thus sell the shares prematurely at a loss. Therefore, you need to set your own price level guides for buying and selling.

Similarly, if the share price rises to $4.50, do not be rash and sell it away because of a little greed. Remember your plan and stick to it. Of course there will be so many other possibilities apart from your own decision. The price may fall back to $3.86, which will mean you could have locked in a profit earlier. The price could shoot up all the way to $5.00 and hit your target, of which you should sell according to your plan and congratulate yourself for being disciplined.

Cut Your Losses and Let Your Winners Run

The point here is that you will not know how to the price levels will be going to move. Markets can take you by surprise (positively or negatively) so it’s wise to follow the advice of cutting your losses and letting your winners run.

If you think you need some help in being disciplined with your own plan, I strongly suggest you learning about the Trailing Stop Loss. It’s my best tool for managing my losses and allowing my profits to go as high as they can. I’ll write more about it in another post but do read about it first if you can.

Investing requires you to understand yourself better and make decisions. Don’t fall for the frequent next-hot-tip or get-rich-scheme. I wish that you have a fruitful investing journey!