Four years ago, the Kadlec Foundation kicked off a new donor program called K-Life to allow people to make an investment in local health care while enjoying the tax savings benefits of a charitable trust.K-Life uses a pooled income fund with three major benefits: bypassing capital gains taxes, increased lifetime...
A tool designed to protect a climber from a fall or ascend a mountain faster is the inspiration behind the name of a new independent practice headed up by a Kennewick financial planner. Named Piton Wealth for the mountaineering tool known as a piton, founder and Chief Executive Officer Michelle...
By Eleanor CumminsPreparing for retirement isn’t just about getting finances in order. Faith-based financial advisers, whose ranks are rapidly expanding in the Tri-Cities and across the country, say retirement is also a time to reaffirm commitments to family, friends and the causes you believe in.[blockquote quote="You can leave your money...
Aging-in-place specialists can help homeowners make adjustmentsAs nearly 77 million baby boomers settle into retirement, many are concerned with more than just their bank accounts.Almost 70 percent of homeowners nationwide have made adjustments to their homes so they can live there longer, according to an AARP study called “Fixing to...
In 2011, Anne Nolan and her husband were getting ready to retire from their jobs at the Hanford area.There was a real fear of what would happen next, she said. What would they do with their of free time? And with whom?Then she found the Fun, Fit & Over Fifty...
By Benjamin MessingerMy favorite economics professor started our first class by asking: “What is the purpose of a business?” A classmate called out, “To make a profit.” Our professor replied, “Wrong! The purpose of a business is to MAXIMIZE profit! Making a profit leads to golfing in Ritzville. Maximizing profit...
By Robin WojtanikTerry Chick is among a growing percentage of Baby Boomers who rely on a Social Security check every month as a main source of income. But it’s not a position he expected to be in after decades of full-time work.[blockquote quote="Don’t call me frugal. Call me cheap." source="Terry...
By Beau RuffFew words evoke such strong negative imagery as the term “probate.” For most people, they are not sure exactly what probate entails, but they know they want to avoid it at all cost. Beau Ruff,Cornerstone Wealth StrategiesContrary to conventional wisdom — and unlike other states — Washington has...
John Pettigrew is 72 years young and he still loves to play with trains.“I was probably 8 or 10 when I got my first train,” he said. “It was a Christmas gift. I wore it out—literally wore that engine out.”Pettigrew said he played with trains into his teenage years and...
(StatePoint) — The conceptions and realities of retirement have changed a great deal over the past several decades, giving many seniors misgivings about the future. But your golden years can be happy, healthy and productive, say experts.“For many individuals, confusion, fear and an overwhelming sense of powerlessness accompany the prospect...
