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The IRS still has not processed my mother’s 2024 amended tax return, which they received May 2, 2025. In a few days, they will have had her return a full year.
My mother submitted her 2024 Form 1040 prior to April 15, 2025. It said she owed money, so she paid it. We subsequently found some additional information. She filed an amended return Apri...
In January 1948, welcomed by family wearing sunglasses, my dad and grandma arrived at the Santa Fe train station in Pasadena, California.
Several months earlier, just days before my dad graduated high school, his father died unexpectedly following surgery. Grandpa was hurt moving a large beam at their home, an old farmhouse fixer-upper on the outskirts of Pittsburgh, P...
On April 28, 1989, my wife Suzie and I said "I do." As we walked out of the church, the S&P 500 was sitting at a modest 309 points. Unfortunately, nobody thought to gift us a pre-funded index fund that day. What we actually received was three toasters, a bread maker, and enough crystal glassware to open a small shop.
But here's a question worth asking as our annive...
I posed this question to an AI program (because I don’t know how to use a spreadsheet).
“If my income is $3,000 per month, I save 10%, I expect to earn 8% per year on invested money and my income will increase by 2.5% per year (basically inflation). How much will I have in 40 years?”
Here’s the answer.
You’d have about $1.29 million after 40 years, assumi...
Last weekend, my wife and I returned to our former southeastern PA home town. The occasion was a series of events with family and good friends, many former colleagues of mine. On Friday night we had a happy reunion with a group that made up a wine making team, beginning in 2012, and continuing until Covid shut us down. Most of the te...