13
Jul
stored in: News for Everyone, Taxes
Good articles in Fortune June 26, 2006 issue on Baby Boomers & Retirement. Although I am a long ways from retirement, there were some good facts to start thinking about. Here are some takeaways:
Average household reduction in income during retirement = 43%
Median balance of 401K programs for those near retirement = $60K
Concerning how much babyboomers [...]
05
Jun
I read an interesting article in the Feb 20, 2006 BusinessWeek on Donating Clothes, Books or Other Tax Deductions. The article stated that case law requires all noncash items to be used for tax deductions need to be able to be backed up if they are over $250.
There is a useful guide here Salvation [...]
