Marital status Financially, the best scenario is a marriage for life. It provides stability for the planning, full of opportunities for tax planning and income splitting, and in the ideal case of a shared responsibility that can be mutually reinforcing? Goals and careers. One or two divorces, substantial financial losses. Being single also minimize some of the tax and pension reform benefits, benefit couples.
In my view, building wealth and asset management is similar to the decathlon in the sense that many disciplines many disciplines to make it all work together. Too many people focus on just one discipline , while the other nine do? attention needed.The overall value of Americans retirement savings capital was $ 17,000,000,000,000 end of the September – a decrease of 7.5 percent from the record high of $ 18.4 trillion on 30 June 2014 received. It is after a report by the Investment Company Institute, a national union the asset managers -. The $ 1400000000000 decline is partly to the difficulties the stock market: of S & P500 lost 13.9 percent for the third quarter. Time been easy silver lining to this ominous cloud: Retirement account balances lasted for less a goal than share indices as asset diversification and continuing contributions to pension schemes.
‘retirement savings of 36 % of financial assets of private households in the United States at the end of third quarter 2014 accounting,’observed to ICI.