If you were going to retire to a beautiful island, which one would you choose? Aruba is a beautiful country. Beautiful weather. Beautiful beaches. Not so beautiful for taxes. The marginal income tax rate is the tax rate applied to the last dollar you earn. In a progressive (or graduated)
What are you most afraid of? Here are the top five fears: 1. Public Speaking 2. Heights (my knees tremble) 3. Going to the dentist 4. Snakes (I hate snakes) 5. Flying In truth, everyone is afraid of something. As you get older, your fears change. According to a recent
Wealth Myth #12: The Misguided Loyalty Myth Joe Robbie, the founder of the Miami Dolphins, was a savvy, successful businessman and attorney. Yet… after his death, due to poor planning, the team and stadium that Robbie built had to be sold (at fire sales prices) to pay… …a $43 million
5 facts you will want to know about stress… Stress. We all experience it. Even reading the word increases stress. When you feel it, your adrenal glands go to work to produce more stress hormones that prepare your body for emergency action – fight or flight. Like running from a grizzly
Wealth Myth #10: The Search for the Magic Bullet Myth Magic Bullet - something that cures without causing harmful side effects. I always tell successful folks who seek me out for help, there is nothing I (or anyone) can offer you that doesn’t have side effects. Do you believe
Here is an interesting fact about flying. And the reason to thank your pilot… and the instruments. If you fly off course just one degree, you will miss your target landing spot by 92 feet for every mile you fly. The longer you fly, the more you will go off
Wealth Myth #8: The 401(k) Binge Myth “Binge on your 401(k).” [Binge – a period of excessive or uncontrolled indulgence.] They don’t say it that way. They say everyone should “max out” their retirement monies – IRAs, 401(k) Plans, 403(b) Plans, SEP Plans, Profit-Sharing Plans, Defined Benefit
Let me tell you a story… Once upon a time, there lived a beautiful queen and her handsome king in a castle in the middle of a fair land… You've read many, many stories like this before. What’s the first thing the king would build around his
I shared with you 5 Wealth Myths over the past month Myths (if undetected) lead to mistakes. Costly Mistakes. That’s why myths are critical to identify and quantify their impact. In times of uncertainty, informed action is your best ally. There are NEW forces at work in the economy
Hurricanes and storms devastate houses by the ocean. One of the ways to protect an ocean-side house is to build it on pillars. Much safer. Your RETIREMENT LIFESTYLE is no different. The 4 Pillars to Retire Abundantly are: Pillar #1: Becoming the PERSON You Want to Be Pillar #2: Doing
Markets shift. So do you. But most people never update their investment strategy to reflect what really matters now predictable income, lifestyle preservation, and peace of mind. Why This Matters Now You’ve worked hard to build something meaningful—whether that’s a business, a career, or a life you’
Recently, an 18- year-old Florida man was arrested for pretending to be a licensed doctor. He had opened his own office in West Palm Beach, where he performed physical exams and offered medical advice. His website identified his clinic as a staff of alternative medical professionals that create a holistic