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Donna Strep
Tax Planning

Now that 2011 is almost here, you may want to make some New Year’s resolutions. Planning to volunteer? Go to the gym more often? Learn a new language? All worthy ambitions, of course, but this year, why not add some financial resolutions as well?

Which resolutions should you make? Here are a few ideas to consider:

Boost your retirement accounts. No matter how old you’ll be in 2011, one thing is certain — you’re a year closer to retirement than you were in 2010. And that’s why you’ll want to increase your contributions to your retirement accounts. read more »

 

If you’re in one of the early waves of baby boomers, you may know some retirees who are now enjoying a wide variety of activities — possibly even including a new career. And you, too, may now have some choices about how to spend your time. Should you stay at your current job? Should you retire altogether and travel or pursue hobbies? Or should you “retire” and then start a new job, do some consulting or even open your own business? While you may have choices on how to draw an income, you’ll also have some key issues to consider. read more »

 
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