A few weeks ago, I posted about making smart Social Security decisions to optimize your lifetime and retirement income.
You may have been told to start taking social security as soon as possible (when you reach age 62). Or that you can just keep right on working full time even as you collect. These are just two of the biggest Social Security misconceptions, and if you follow that advice it can end up costing you a lot.
The majority of individuals in their late 40s and 50s, and some even younger, have their minds set on retiring early and spending the remainder of their lives relaxing with a book on the beach or tackling the fairways at the golf course. While that would be ideal, the dream of living your golden years sooner rather than later is becoming increasingly unrealistic for a number of reasons.
This week I’m going to drop the personal off of personal finance to write a little bit about something that has become a hot topic locally.
Recently the Fort Collins City Council approved a financing package for the redevelopment of the Foothills Mall that included Tax Increment Financing, or TIF for short. This package in particular has brought about a lot of local commentary even though the City has used TIF and other tax offsets in the past.