101

How you title an account, asset or business can affect current income and taxes, disposition in a divorce or incapacity, and ultimately directs how and to whom an asset can pass upon your death.  Titling can also affect whether the asset is protected from creditors. 

While you are working, you add money to your investments to build a nest egg.  In retirement, it’s time to start taking that money back out.  The income goal in retirement is to mimic the paycheck you were receiving while you worked.  This new “paycheck” often comes from several sources, including Social Security and/or pension payments, and perhaps rental incom

The following is a primer to help readers better understand their investments. Mission Financial Planning coordinates with clients' money managers as part of a comprehensive advice-only approach.