New Blog to Provide Tax, Income, and Other Advice Tailored to Affluent Retirees

CONCORD, Mass. - Sept. 18, 2018 - PRLog -- We are pleased to announce an important new blog to provide tax, income and other advice tailored to the affluent post retiree.  See https://post-retirement-money.com The site is designed to help the retiree maximize capital and income while reducing taxes.

Articles come from leading investment advisers, estate and tax attorneys.  Recent articles cover

·         How Much to Withhold for Taxes in Retirement
·         Retirees' Tax Puzzle: Pay Now or Later?
·         Best Retirement Investments for Steady Income Stream
·         Looking to Utilities for Income
·         Retirement Income Funds
·         Total Return Portfolio
·         Long Term Care Insurance
·         Succession Issues


According to the Bureau of Labor Statistics (BLS) nearly 70 percent of disposable income will come from senior citizens in the next five years. Seniors are part of a cohort who spend more on non-essentials than they did in 1990, and in terms of net worth, are doing quite well compared to other age groups. On average, seniors are the most affluent demographic of American society, with seniors having five times the net worth of the average American, although the current cohort of seniors carries more debt than previous generations of seniors.

The goals of a post-retiree may mean a different portfolio, different tax decisions, and if the senior is a principal in a business there might be difficult succession issues. A retirement portfolio needs to produce reliable cash flows that last the rest of the senior's life regardless of the variety of market conditions that occur over his/her retirement years and with minimum taxation. Succession issues include: Should there be an inter-family transfer? Would it be best to sell the business?

The post retiree may also have the time and capital to do something he/she could not do before, including travel, having unique experiences, and for some even becoming an entrepreneur. For example, the highest rate of business start-up activity over the past decade has consistently been among people in the 55-70 age bracket and almost half of all new entrepreneurs are in this age group. This group might also consider angel investing for the first time ever.

The principal of the site is Gary Brown, a retired Thomson Reuters executive, who created many tax, law and finance services in the international area. Gary is now seeking to share information he has gathered for managing retirement tax, income and related areas of concern for the retiree.

For more information, See https://post-retirement-money.com

If  readers have advice for the post-retiree or want to advertise about their services, they should contact gbrown@post-retirement-money.com