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Michelle Buonincontri
27 followers -
Helping to create the life you choose
Helping to create the life you choose

27 followers
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Your divorce is over, or maybe it will be soon. Your mind is reeling and you are confronted by yet another decision: Save or pay-off debt. What do I do now?

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Many will no longer benefit from the deduction for charitable contributions due to the increased standard deductions. Read how the use of a "Donor-Advised Fund" could help clients still achieve this outcome https://lnkd.in/gu3EK5s #CFP #Taxes Michael Kitces

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“Even a $1 million retirement nest egg isn't enough anymore”  that same $1MM for a 42 year old today will only be the equivalent of 19K a year in retirement at age 67 ...

#Estateplanning is not just for the wealthy. If you have children under 18 (even 25) or going through a divorce, there are things that require consideration http://bit.ly/2HxEzBT

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According to a recent Rand Corporation study for the   Department of Defense (DOD) 97% of military divorces occur sometime after deployment and a recent workshop revealed that the DOD reported that 20% of marriages end within 2 years of deployment.

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"More women in the survey named meeting daily living costs, 64 percent, or paying off debt, 57 percent, as financial priorities, leaving retirement their third most pressing issue" #women #Divorce https://www.fa-mag.com/news/among-u-s--workers--women-are-less-likely-to-prioritize-retirement-saving-than-men-37899.html

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I attended a great Collaborative Divorce Training. See some comparisons of divorce resolution models.
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