It is never too late to Get out of debt and build your net worth by getting money smart.
Step one is having a plan, and our Tannery Company team make that happen for you.
If you are ready to resurrect your finances and start your exodus from the financial prison you find yourself in, then SCHEDULE A MEETING now.
Either way, once it plays in your head, you will hear it over and over and over.
The sound in your head makes you overthink what you are trying to achieve, especially about money. You hear that repetitive thought that says, “you will never be rich, or you will never have enough money.”
the ARP added tax provisions to your 2020 tax return. That is right, a law that passed Congress and signed into law on March 11, 2021, has tax rules for your 2020 tax return.
We had to wait 16 more days to begin filing taxes this year than in 2020. The IRS bumped the date to receive returns to February 12, to prepare following the December tax law changes. But now that they are officially accepting returns, you might want to get a jump start on sending them in.
Is retirement still a reality? Yes, but it’s a shifting and evolving reality.
“Retirement” Is Outmoded:
Traditional notions of “retirement” are outmoded. In particular, the expectation that people should want (or be forced) to stop working at age 65 no longer makes sense in a world in which people live longer, live healthier as they age, and the ratio of old to young is considerable and growing.
Yet as longevity has increased over the past century, we’ve tacitly tacked all the added years on at the end. Apart from the undesirability of making “old age” the longest phase of one’s life, it’s unrealistic to expect that most workers will be able save enough over the course of a 40-year working life to fund a possible 30-year (or longer) retirement.
There should be no hard boundary on where work ends and retirement begins. Instead, we need to think in terms of a new “life script” that allows for greater flexibility, time off or part time work mid-career, more opportunities for education and retraining across our life course, and “phased retirement” in which people reduce their hours, shift into less demanding roles, and so on, but not abruptly leave the workforce at some pre-set (and arbitrary) age.
I officially live in a “HOT” place. No, I am not talking about August in North Texas. I am taking about the real estate in my neighborhood.
Just like many of you, I got sticker shock when I received my 2016 Notice of Appraised Value from the Dallas County Appraisal District. Since 2013 real estate in North Texas has been rising and I have experienced it. How much is my increase?
2013 Base year
2014 +3.27% Increase
2015 15.35% Increase (capped of course at “only” 10% for tax purposes)
2016 9.22% Increase