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News
Kevin O'Leary Says He Wants "5% Of His Portfolio" In Collectible Cards, As His Company Buys $11 Million Baseball Card From Florida Teenager
4+ day, 20+ hour ago (678+ words) Kevin O'Leary just backed an $11 million baseball card sale and wants 5% of his portfolio in collectibles, but the strategy that works for a billionaire may quietly wreck a retirement account. The professional research desk has always been the part of…...
The Real Cost of Retiring in Phoenix on Social Security and a Small Pension
1+ week, 3+ day ago (459+ words) Phoenix sells the retirement dream hard, but a July electric bill and a marketplace health insurance quote have a way of rewriting the math in ways no national cost-of-living index will warn you about. Life After Work desk. Editor: David…...
His Baseball Cards Survived Five Moves and a Basement Flood. The $70,000 Auction Is What Finally Cost Him.
2+ week, 5+ day ago (631+ words) A $70,000 baseball card sale pushed the widower's MAGI to ~$160,000, adding $2,885 in annual Medicare surcharges on top of capital-gains taxes. Collectibles gains face up to a 28% federal tax rate and count toward MAGI, triggering Medicare IRMAA surcharges based on income from…...
Getting Out of Sun City, Arizona, Costs Far More Than Anyone Tells You Before You Move In
3+ week, 2+ day ago (441+ words) Sun City's restricted buyer pool drives net sale proceeds to roughly $220,000, while a comparable replacement home outside the community costs somewhere between $100,000 and $175,000 more. Arizona's senior valuation freeze, no school-district levy, and flat 2.5% retirement income tax all disappear the moment…...