Scott Burns

Scott Burns by Scott Burns

April 20, 2014

Do You Own the Right Amount of Home?

Most Americans own more home than they can afford. If it isn't more home than they can afford today, it certainly will be more than they can afford tomorrow. The litmus test for this is a single question: Will your financial assets be greater than the value of your home when you retire? For most Americans... continue

April 17, 2014

Don't Let This Gift Horse Bite You

Q: I have been offered a $318,000 settlement from my ex-employer. The money is from a retirement profit sharing plan that has been frozen. I now receive a monthly check of about $2,300 a month. It was supposed to be for the life of both my wife and me. The surviving spouse would continue to receive the benefit, but... continue

April 13, 2014

Making Home Sweet Again

ISLAMORADA, Fla. -- From the bayside, it's hard to believe that the channel for the Snake River cut actually exists. Until you're right up on the marker, it appears to be a jungle of mangrove trees. But once in the channel, you see a new vista: On the north side there are at least a half-dozen,... continue

April 10, 2014

Tax on Social Security Benefits Is a Middle-Class Tax

Q: Any couple on Social Security with an income of $59,350 has a lot of assets, so they are not being taxed unfairly. There are probably not many people above $47,000. I don't understand why the really wealthy even use Social Security and Medicare. They use them because they like vacations, multiple homes and cars,... continue

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