Safe Money News Spring Issue

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April and May Edition Issue 2 ...Volume 2

Playing it Safe

A Balancing Act

By Raymond J. Ohlson, CLU,

Where Will The Market Go From Here? Although financial markets do tend to comeback to the middle ground eventually – bubbles at some point will burst and a bear market will turn around and become a bull – it doesn’t always happen By Dr. Jack Marrion Continue Page 3

Safety Pins An Un-Happy Birthday to Them! Here’s a birthday few of us look forward to celebrating: federal income taxes turn 100 years old in 2013. Hmm? How should we celebrate? Maybe by spoiling their party just a bit Continue Page 5 By Steve Dinnen

Safe Retirement Social Security and Retirement Risk The average Social Security Retirement benefit for 2011 was $14,100. To give you an idea of how significant this is… you would need $470,000 in an investment, paying you 3%, to give you the same kind of income. By Dr. Frederick Saide, PhD

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Personal Finance 2013 Will Hit Higher-Income Taxpayers Hard - Be Prepared

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mericans who are either in a pre- or current retirement position face many financial considerations; however, the rules of the retirement game have changed – dramatically! “Elder youngsters” as I call them – people between 55 and 70 – need to reexamine their personal financial situations. This reexamination includes, but is not limited to, their insurance portfolios. At some point, they must make the decision to play it safe and take some of their money off the table.

Now that Congress has passed the American Taxpayer Relief Act of 2012 (ATRA) and avoided the so-called “fiscal cliff,” higher-income taxpayers need to brace for higher taxes. Continue Page 10 By Thompson Myers and Associates, PC

Safe for Life Life Long Lessons Someone once said, “When you stop learning, you stop living!” That may seem a bit dramatic, but a truer statement has seldom been made. By Norm Wilkens

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