Conscientious Financial Planning and Retirement Income Management | 201-741-9528
from Lonier Financial Advisory LLC, Osprey, FL

Monthly Archives: December 2016

Game Guide to Income, Savings, Wealth and Taxes

Summary One thing income is not is wealth. This is the first confusion we might encounter: High income does not necessarily mean great wealth. Savings is the source of income that protects our lifestyle when other income stops, but savings by itself, even significant savings, is not wealth. Income and wealth are taxed differently, so […]