Applied a couple months before his 65th birthday when he was still 64?The IRMA premium is based on your income 2 years prior. So if you are eligible in 2022, the IRMA is based on 2020 income. Hope your stress level goes down, Richard. Always enjoy your articles.
I ignore the advice to set aside savings equal to two or three years worth of expenses. My pension covers my expenses. If an emergency occurs, I can always borrow on my margin account.
When told the deal is only good for today, I am always certain it is best for me to walk away. With investments, I think the key is when it appears to be too good to be true. Anytime I have bought one of those, it has turned out to be untrue.
I've gone a couple of times to an ER for issues that were not acute. I would be very reluctant to go again unless I was dealing with a life or death issue.
If a couple have outgrown their home and move to a bigger house, is it fair to tax them on the gain on the first house? The gain, to a certain extent, is due to inflation caused by government policies.
A very nice article, Mr. Grossman. I especially liked the section about someone trying to impress by telling you the school they attended. We all know someone like that.
Comments:
Applied a couple months before his 65th birthday when he was still 64?The IRMA premium is based on your income 2 years prior. So if you are eligible in 2022, the IRMA is based on 2020 income. Hope your stress level goes down, Richard. Always enjoy your articles.
Post: Self-Inflicted
Link to comment from June 29, 2022
I ignore the advice to set aside savings equal to two or three years worth of expenses. My pension covers my expenses. If an emergency occurs, I can always borrow on my margin account.
Post: What popular financial advice do you ignore?
Link to comment from June 26, 2022
When told the deal is only good for today, I am always certain it is best for me to walk away. With investments, I think the key is when it appears to be too good to be true. Anytime I have bought one of those, it has turned out to be untrue.
Post: Troubled Water
Link to comment from June 22, 2022
You have a point, but I believe higher mortgage rates will lead to lower real estate prices.
Post: All Fall Down
Link to comment from June 22, 2022
I've gone a couple of times to an ER for issues that were not acute. I would be very reluctant to go again unless I was dealing with a life or death issue.
Post: When It’s Urgent
Link to comment from June 22, 2022
If a couple have outgrown their home and move to a bigger house, is it fair to tax them on the gain on the first house? The gain, to a certain extent, is due to inflation caused by government policies.
Post: Tax Shelter
Link to comment from June 20, 2022
Perhaps we should eliminate all deductions and credits; and also reduce tax rates.
Post: Tax Shelter
Link to comment from June 20, 2022
A very nice article, Mr. Grossman. I especially liked the section about someone trying to impress by telling you the school they attended. We all know someone like that.
Post: Telling Stories
Link to comment from June 20, 2022
Thanks for the perspective on market timing. It helps reinforce why it is so important to stay invested.
Post: Off the Treadmill
Link to comment from June 18, 2022
There are a lot of us that fall into the trap of investing too much in a tax deferred fund.
Post: A Costly Education
Link to comment from June 18, 2022