American Business
Articles of Interest
Week of September 10th, 2018

Good Morning,

Some reading while preparing for the storm...

Alan

 

Tuition Insurance Catches On as Costs Rise, Students Struggle to Adjust
The Wall Street Journal , Douglas Belkin, August 18th, 2018

I never heard of this protection before. Could be an interesting dynamic with a young person who makes a mistake picking a college or ran into problems. Could take the fear of losing money out of the delicate family dynamic.

How To Keep Your Family Vacation Home In The Family
Wealth Advisor, Forbes Contributor, July 25th, 2018

Showed the thought process and steps that should be taken when considering trying to keep a house in the family. Not discussed in the article is utilizing a life insurance policy to fund all future taxes, maintenance, and associated costs.

Thinking About Retirement? Consider Working a Little Longer
The New York Times , Jeff Sommer , June 1st, 2018

Interesting article about the effect of working a little longer and the amount available for income in retirement years. Also discussed is the positive effect of waiting until age 70 to receive Social Security benefits. Due to antiquated government assumptions relating to life expectancy and interest rates, you receive 8% tax deferred each year you wait. Put another way, by waiting from age 62 to age 70, the Social Security income would be doubled.