Month: December 2021

Let’s talk about the “4% rule,” originally from Bill Bengen’s seminal retirement distribution strategy research published in the Journal of Financial Planning in 1994.  In his research, Bengen found that historically at that time, you could have taken 4%, adjusted for inflation each year from an investment portfolio of a 50/50 mix of large cap U.S. stocks and government bonds, and it would not have run out of money in a 30
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BY DEFAULT, the IRS, brokerage firms, and most trade accounting programs use the First-In-First-Out (FIFO) accounting method. If you sell security A, its cost-basis is the first lot purchased — the first one “out” or sold. But there is another option called the Specific Identification (SI) accounting method. Assume you bought several lots of security
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Ultimate synergy is on display in the Arizona desert as Dale Chihuly marries his glass sculptures to nature and architecture at Phoenix’s Desert Botanical Garden and in Scottsdale at Frank Lloyd Wright’s Taliesin West. Open to the public now through June 19, 2022, Chihuly in The Desert showcases a remarkable confluence of American art and architecture set
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Maskot | Maskot | Getty Images For parents who have a child with special needs, planning for their loved one’s life after they themselves are gone can be overwhelming. Breaking the process down into manageable parts and working with specialized professionals and companies can help. “The three main structures a family should put in place
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Politicians are in the business of selling things: policies, ideas, parties — even themselves, once Election Day rolls around. To help close the deal, they deploy a range of experts, including pollsters, speechwriters, lobbyists, and high-level strategists. Unraveling the process of political salesmanship is no small task; it provides (plausibly) gainful employment to thousands of
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“If I hadn’t found Audley Square, we wouldn’t be sitting here having this conversation,” said John Caudwell, speaking from his home in Staffordshire, England, about his nearly decade-long search for the site of his next major project. Caudwell, who sold his company Phones 4u for an estimated $2.8 billion in 2006, has launched a luxury real
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People love their pets. While fresh-cooked pet food and high-tech squeaky toys are gaining notice, designers and experts say in the age of COVID-19 and with more time at home, a growing segment of the nation’s animal lovers are building for the love of a pet. Johnathan Lower, a real estate agent with Berkshire Hathaway
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