Things we're thinking about.
http://www.moneysense.ca/save/retirement/7-ways-to-prepare-for-retirement/
Subscribe to:
Post Comments (Atom)
-
Weight loss is more than calories in and calories out. Research using a pool of 10,000 participants. People tend to gain weight back. Differ...
-
We were in Edmonton so I took the opportunity to visit the Microsoft Store, check out the Go and finally purchased it. I knew there was a ... -
Have you checked out your google info? Now much clearer! https://www.androidcentral.com/google-account-page-android-updated-new-ui-and-featu...
man, that just seems SOOO far off for me ...
ReplyDeleteInteresting strategies. Although different than American plans and systems, good food for thought.
ReplyDeleteIn Washington state a person's property tax (primary home) can recieve considerable relief depending on income. You must be 62+. You need not be retired, but your Adjusted Gross Income ( IRS form 1040 annual report) is used to place your income into one of three tiers. <$25,000; <$35,000 or <$45,000. You property tax bill is then reduced accordingly. In my case (I'm self employed) I had operating losses which reduced my Federal tax bottom line for the year I applied. My property taxes payable were reduced by about 78%. This may change as my adjusted gross income varies by tax year - a banner earnings year will reduce or possibly eliminate property tax deductions for the following year.
Check with your County Assessor. Given a quick look at your federal income taxes (no file copies required) they can calculate it on the spot.
Is there any such relief in BC?
Here it's called "Senior Exemption".
We've been very fortunate Ryan Moore not to have been hit by any of the numerous downturns during our working years.
ReplyDeleteGregg Taylor We hope to move to a different province that will bring new and exciting tax considerations into play. I think the take away is we focus so much on accumulating we don't really know how to shift gears.