I started writing about being an empty nester when my youngest, Kendall, graduated from high school in June 2022. Since then I’ve been paying a lot more attention to what it means to be an empty nester. But what about investing? Shouldn’t that change, too? In this blog I’ll discuss how your saving and investing strategies need to change (or stay the same) once you become an empty nester.
A 1031 exchange, also known as a like-kind exchange, is a tax-deferred transaction allowed under Section 1031 of the Internal Revenue Code in the United States. This provision allows individuals or businesses to sell certain types of property and reinvest the proceeds into another property of a like kind, while deferring the capital gains tax that would typically be due upon the sale.
Retirement can last 30 years or longer today given longer lifespans. This requires accumulating more assets than many realize, especially considering the impact of inflation and possible changes to future needs, living expenses and your health.
Is the potential boost in acceptance rates worth limiting flexibility when it comes to school selection?
A few years ago, the Tax Cuts and Jobs Act of 2017 cut income taxes for most Americans. Few remember that these lower rates were temporary and are scheduled to spring back to their old, higher rates on January 1, 2026. That’s a little over two years from now.
What is VO2 max, you ask? Well, it's not as complicated as it might sound. In simple terms, VO2 max is a measure of your body's ability to use oxygen during exercise. It's a key indicator of your cardiovascular fitness and endurance. The higher your VO2 max, the more oxygen your body can deliver to your muscles, allowing you to perform better and go farther in your physical pursuits.