Keeping Up with the Joneses
Lifestyle inflation can be the enemy of wealth building. What could happen if you invested instead of buying more stuff?
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Retirement accounts come with plenty of benefits, such as tax deductions, and a generally high return on investment.
Some may leave their future to chance but in the world of finance, the effects of the "confidence gap" can be apparent.
Executors can value the estate on the date of death, or on its six-month anniversary —the “Alternate Valuation Date."