Category: Finances
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Having Fun on Tax Day!
Let’s face it. Doing your taxes is a drag. But who says you can’t have a little fun at the government’s expense?
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Retirement Financial Planning – an Idea
Now that I’ve retired, I noticed that every commercial about retirement planning seems to start with a couple on a sailboat. They’re sailing in calm winds, wearing white pants and drinking Chardonnay. Apparently, that’s what I’m supposed to be doing. But ask yourself this: How often do you really want to wear white pants? What…
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Appendix 1: The Math of Retirement Management
For my “Retirement Management Idea” we still need to do some math. Here are the formulas that I used. I do everything considering both the “Amount” (in dollars) and the “Rate” – always remember 100% of Nothing is still Nothing.
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Appendix 2: Retirement Examples
This is for the Retirement Management Idea. I provide 2 numerical examples – one using Savings (i.e., not IRA money) and one using IRA money. These calculate the Financial Ratios, Minimum Asset and Rates, and project to the future.
LARRYLAND 