Retirement Financial Planner Bill Losey Offers Smart Ways To Spend Your Tax Refund

SARATOGA SPRINGS, N.Y. - April 9, 2014 - PRLog -- Bill Losey, Retirement Intelligence publisherand Retirement Advisor, recently published a blog about prudent ways to spend your tax refund, if one is due to you. The blog found on his website http://www.BillLosey.com, is titled “17 Ways To Spend Your 2013 Tax Refund”

Bill writes, “Last year, the average federal tax refund was $2,744. That’s a nice chunk of change – and it could be used to bring some positive change to your financial life and the lives of others.”

Here are some of the ways that Bill suggests:

1.     Start (or add to) an emergency fund

2.     Use it for a down payment on a car, truck or rental property

3.     Help your child open up a Roth IRA

4.     Establish a financial strategy

5.     Write a proper will

6.     Pay for that trip in advance

7.     Pay it forward

On paying for a trip in advance, Bill writes, “Instead of racking up a bigger credit card bill, consider pre-paying some costs or taking an all-inclusive trip (some are not as pricey as you might think).”

On helping your child start a Roth IRA, Bill says, “If your under-18 son or daughter will earn income this year, he or she can open a Roth IRA. Your child’s contribution limit is $5,500 or the amount of his or her earned income for 2014 (whichever is lower). You can actually make this Roth IRA contribution with your own money if your child has spent his or her earnings.”

Read the entire blog athttp://www.billlosey.com/blog/17-ways-to-spend-your-2013-tax-refund.php

Other recent blogs written by Bill Losey include “The Retirement We Imagine, the Retirement We Live,” “Will the Fed Raise Interest Rates Earlier Than Assumed? ,” “How Much Money Do You Save?” and “Is 65 The Best Age To Retire?” among others.

Bill Losey is a nationally known and respected retirement planning advisor, specializing in 401k rollover advice, self-directed IRA rollovers, 401k direct rollovers, and many other investment and retirement strategies.  Bill’s company, Bill Losey Retirement Solutions, LLC, is an independent registered investment advisory firm that caters primarily to couples as well as divorced and widowed women nationwide (age 55+) who demand objective financial and retirement advice; customized, fee-only investment management; attention to detail; and impeccable service.

Each issue of Bill Losey’s award-winning free weekly email newsletter, Retirement Intelligence®, reveals how-to-articles, secrets, investment ideas, a "Joke Of The Week", fitness and diet tips, and promotes upcoming seminar dates to keep subscribers “in-the-know.”  Bill and his staff seek to provide informative and entertaining information readers can use to simply and confidently enhance their health, wealth and happiness.

Bill is also a contributing author for MarketWatch Retirement – a section of MarketWatch.com launched by The Wall Street Journal Digital Network. Featuring news, advice and analysis targeted towards people saving for retirement, those who should be, and those already retired, this section brings together the expertise of MarketWatch’s retirement reporters and columnists.

To learn more about Bill Losey Retirement Solutions, please visit http://www.BillLosey.com and http://www.MyRetirementSuccess.com.

AboutBill Losey, CFP®, CSA
America’s Retirement Strategist®

Bill Losey, CFP®, caters to women and couples (age 50-80) who seek to reduce post-retirement risk and generate a predictable, sustainable, increasing stream of retirement income they won’t outlive.  As a qualified professional in the areas of retirement strategies, personal finance and investment management, Bill has been seen and heard on hundreds of TV and radio stations such as FOX News, NPR, CBS News, CNBC, Business Week, TIME, AARP, U.S. News & World Report, and Oprah & Friends.

Bill has over 20 years experience in the financial services industry and is a Certified Financial Planner™ practitioner and Certified Retirement Coach.  He is the owner of Bill Losey Retirement Solutions, LLC, a fee-based registered investment advisory firm serving a small nationwide clientele.  Bill is the author of Retire in a Weekend! The Baby Boomer’s Guide to Making Work Optional (http://www.retireinaweekend.com/) and he publishes Retirement Intelligence® (http://www.myretirementsuccess.com/), a free, weekly, award-winning newsletter that reaches over 5,000 subscribers worldwide.  Formerly, Bill was the “resident retirement expert” on CNBC’s “On the Money” television program.

In his leisure time, Billy, as his friends call him, loves to sing.  He is an accomplished vocalist and has performed the National Anthem at Madison Square Garden, the Pepsi Arena, and other sporting venues.  Currently Bill is the lead singer of a vocal duo called The New York Lounge Lizards (http://www.billlosey.com/music). He has been married for nearly 25 years to his wife Tori.  Together they have three sons, two dogs, and one fish.

Learn more at www.BillLosey.com or by calling 518-581-1666.