Retirement never ends, or at least planning for retirement. Americans are urged, constantly, to save more. But are you saving more wisely? July’s newsletter dives deep into retirement, first explaining the issue of “fiduciary” vs. “suitable” approaches to retirement investments from your advisor or broker. (To download the monthly eLetter, click here). 

Passive vs. Active Retirement: The Devil in the Details

Secondly, the newsletter overviews ETFs or “Exchange Traded Funds.” For both your choice of an adviser and your choice of an ETF, the “devil” is in the proverbial “details.” With respect to an investment adviser or broker, you should ask how they are being compensated. “Follow the money” is good advice, and get everything out on the table. With respect to ETFs as an investment – again – pay attention to the details. There are many flavors of ETFs these days, so make sure to buy the one you really want. Finally, the newsletter concludes with a very pertinent discussion of “disaster” vs. “succession” planning. We consult with many San Francisco businesses, both large and small, and having a succession and a disaster plan in place can really help. As always, if any of these issues pique your interest, reach out to us for a consultation. We’re happy to help!

San Francisco Tax Tips July, 2016

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About Safe Harbor LLP – a Professional CPA Firm in San Francisco

Safe Harbor LLP is a CPA firm that specializes in accounting and tax services for individuals and businesses throughout the San Francisco Bay Area and greater California. Safe Harbor CPAs helps both individuals and businesses with tax preparation, IRS audit defense, and audited financial statements. The firm prides itself on friendly yet professional service and utilizes state-of-the-art Internet technology to provide quality customer service. Its goal: to be the best CPA firm in San Francisco.

Safe Harbor CPA

Tel. 415.742.4249

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