Select Page

Lou Mancusi’s Blog

Is It Possible to Reduce Your Taxes?

Is It Possible to Reduce Your Taxes?

If you're faced with an unexpected tax bill, you might find yourself panicking. It's important to stay up-to-date on your owed taxes throughout the year so you aren't taken by surprise later. Keeping track of your taxes also allows you to minimize them and claim as...

Retirement Plans Versus Reality

Retirement Plans Versus Reality

Most Americans expect they'll work in their retirement years. That's surprising to most people. Over 60% of American adults have a vague plan to have a job of some kind after the age of 65. The problem with this is that the marketplace doesn't always make it possible...

How to Retire as a Small Business Owner

How to Retire as a Small Business Owner

As a small business owner, you don't have the programs that an employer would offer you in a benefits package. This means you'll have to take a more active role in planning for your retirement. This guide provides a general overview, which you can use to develop a...

3 Tips for Effective Retirement Planning in 2020

3 Tips for Effective Retirement Planning in 2020

Securing retirement is a big concern for individuals now more than ever before. Today, it seems that having sufficient income to retire on is becoming increasingly difficult for the average person. For this reason, we're going to share 3 retirement planning tips to...

Boosting Your Retirement Income

Boosting Your Retirement Income

People that want to boost their income for their retirement years will have multiple options to consider. A lot of those that have not reaped all the benefits of compound interest by investing early may need to catch up. The following presents a few ways that they can...

Over Saving For Retirement

Over Saving For Retirement

There is one piece of financial advice that young people, especially those who are high earners, are taking very seriously. So seriously, in fact, that they may be doing more harm than good. That is saving, specifically saving for retirement. After living through the...

What Everyone Should Know About Maxing Out Their 401 (K)

What Everyone Should Know About Maxing Out Their 401 (K)

Many people believe that a 401(k) plan is the best way to save for retirement. They often try to max out their contributions, but that is not always the best plan. The truth of the matter is that a 401(k) is only one tool among many. It is vital to weigh the...

Saving for Retirment

Saving for Retirment

Retirement can mean different things to different people. While some dream of the quintessential retreat to a sunny locale to enjoy feet in the sand and drink in hand endlessly, others envision years spent pursuing a passion, volunteering, traveling, spending time...

Traditional IRA or Roth: Which Is Right For Me?

Traditional IRA or Roth: Which Is Right For Me?

IRA’s, or individual retirement savings accounts, were established in 1974 so that individuals or couples could conservatively fund a retirement account. Depending on your situation, either a Roth IRA or a traditional IRA may be better, and there are restrictions on...