December 2018

The 4% Rule

by Michael Velazquez

Every now and then, there are ideas and so-called rules of thumb about retirement planning that creep their way into the mainstream consciousness and then back into oblivion. Sometimes, however, they linger no matter how inaccurate they might be, like undesirable guests at a party who outlast their welcome. This is exactly my opinion about the 4% rule.

New Grandson


An investment in knowledge pays the best interest.

Benjamin Franklin


New Grandson

by Bob Crawford

Bob & Joseph_0_0.jpg

Grandpa Bob and baby Joseph

On September 4, 2018, my wife Renee and I, were blessed with our second grandchild, handsome baby Joseph. Although he was 4 weeks early, he was a big 6 pounds 8 ounces and 20 inches in length with a full head of hair and a small cute little dimple appeared whenever he smiles.

 Of course we wanted to begin contributing to his educational opportunities via a 529 saving plan as soon as possible, just like we did with his cousin Nicholas.  We know that since 2001, the 529 contributions can be deposited into plan account and that the accumulation of assets would have the possibility to grow income tax free, as long the account funds are used for the benefit of the beneficiaries qualified higher education expenses.