Buy tax-free bonds – now. If you’re a mutual fund investor, buy them through Vanguard (the average fund company charges expenses six times higher than Vanguard’s).
With all the talk about “The Middle Class” in this past election, I thought it might be useful to take a look at the tax situation of the middle class, to see how we folks have been faring.
“Living on $1700 a month sounds like a very slow, painful existence. Not what I planned for in my retirement.” If you aren’t already aware of it, the baby boomers have started to retire. They first hit the system a few years ago. Over the next twenty to thirty years, our culture will be challenged as never before by the largest shift of population ever to leave a work force and begin retirement.