Posts Tagged ‘ News ’

Common mistakes made by savers and investors that are best to avoid.

Mistake 1 – Expecting investments to only  go up

• While buying investments like stocks and bonds for their upside potential, remember that they may go down for periods of time.

Mistake 2 – Following the latest investment trend

•  Many investors follow the latest trend in hopes of finding higher returns only to discover that they would have been better off sticking with their original long-term plan.

Mistake 3 – Not keeping  safe money, SAFE

• Becoming focused on chasing returns at the expense of financial security.

Mistake 4 – Believing in stock market celebrities

• While it is interesting to listen to the recommendations of opinionated stock market celebrities, remember that there is a difference between entertainment and sound financial advice.

Mistake 5 – Betting on one investment

• When investing too much money on one investment, that’s called betting, not investing. Smart investors follow time-tested principles like diversification.

Mistake 6 – Ignoring the impact of inflation

• While it is easy to ignore inflation when it is as low as it is today, that simple mistake could seriously affect buying power in the long run.

Mistake 7 – Doing nothing in uncertain times

• When times are uncertain, it is easy not to make any decisions. Yet uncertain times often present the most profitable opportunities to investors who pay attention and act decisively.

For help you may ask questions in the comments

Or contact me privately: Tim Barton Chartered Financial Consultant

Americans are uncomfortable with their financial situation and don’t want to talk about it.

According to AVIVA USA and the Mayo Clinic wellness survey.  Aviva and Mayo Clinic surveyed 2,000 U.S. adults on their financial preparations and health habits to determine the affects on their overall well being.

“Many people choose to ignore rather than address their financial wellness” said Mike Miller, Aviva vice president.

Key Wellness Survey results:

• 2 in 3 are uncomfortable with their financial situation
• Only 1 of 3 think they are or will be prepared of retirement
• Only 1 out of 5 work with a financial advisor
• Twice as many who consult with a financial advisor feel comfortable with their finances

Survey results

Why two thirds of American feel so much stress and choose silence rather than seeking help on one hand is a  mystery and on the other a little understandable.   This survey clearly finds that those who discuss their financial situation with a professional feel much better and this makes the rest of their lives more enjoyable too; some even lose weight.

For help you may ask questions in the comments

Or contact me privately: Tim Barton Chartered Financial Consultant

How many ways are there to take Social Security benefits?

Would you believe there are 81 different possibilities?

Most people think of 3:

• Early retirement at age 62
• Full retirement at 66 or later depending on birth date
• Maximum retirement at age 70.

Known as the “break-even” analysis method; retirement planners use stock computer models that add up the monthly Social Security payments for each of the above over a chosen life expectancy.  Then the totals of each of the 3 incomes are  compared.  Whichever is higher becomes the recommended choice.

Did you know if you live to age 83 your total Social Security income is the same no matter which option you pick?   That is if you settle for only one of the 3 options above.

But there are 78 more Social Security income combinations available and almost no one is talking about or using them to maximize their clients retirement income streams.  Until now.

At the end of May a new patent pending Social Security Explorer which is capable of estimating the income potential from all 81 SS combinations will be available in Tim Barton’s office.  This will be a comprehensive income planning service designed to  help retirees and those approaching retirement more fully understand all of their Social Security options.  If someone has already started drawing their  Social Security they may still be able to maximize their benefits.  Many do not realize Social Security benefits can be changed even after the checks begin.

If you would like to explore your Social Security benefit options contact Tim Barton, ChFC for an analysis.  List your SS estimated monthly benefit for both spouses and current age in the comment section.

• My money is going to stay in the market.  It is rising and I want to recover my losses.

This is called Confirmation Bias.

• We all have tendencies to look for information that confirms our beliefs while ignoring the data which proves our belief’s untrue.

My money is not going into totally safe investments.  The market is gaining I better get in too.  

This is known as Short Term Memory Syndrome.

• Never mind what happened  last quarter, last year or 3 years ago we favor what happened last week or last month. We have strong tendencies to focus on news reports that happened this week making it easy to ignore the long term perspective.

My losses are just paper loss everything will be fine eventually.

This is called Mental Accounting.

• Has to do with the idea earned income is worth more than money made from investing.   Another example is the slot machine player who remembers their  winning sessions and forgets all their losing.  This is where the idea of ”found money” or “mad money” comes from after all it’s not really my money.

-Tim Barton, ChFC

Government regulations dictate senior’s retirement income plans.  The question; Is this government “retirement plan” the best option?

If they have a traditional IRA, 401(k) and/or any other qualified retirement plan they must take Required Minimum Distributions (RMD) upon reaching age 70- 1/2.  If they do not take RMD as required the penalty is a harsh 50%.  Most seniors follow the RMD plan so it must be the optimal way to receive retirement income… Right?

The new reality is nothing could be further from the truth.  Expected longevity continues to increase well past the I.R.S. life tables used to calculate RMD withdrawals.  This could  set up a dangerous financial situation later in life.

The alternative solution and one most seniors have not considered  is a Life Income Annuity.  Rollovers from IRAs and 401(k)s are easy and there are no taxes due or 10% penalty even if income is started before age 59.

Advantages of Life Income Annuities are significant and perform better than RMD plans:

1. After enduring a decade of sub economic performance, low interest rates,  disappearing pensions and a decreasing Social Security trust fund seniors need protection from steep market swings. Income annuities eliminate market risk by providing a steady monthly pay check.
2. Saves the golden decade of retirement; the 10 years from age 70 – 80.  RMDs are scheduled to be lower during this time and increase later.  The lifetime annuity has on average a 60% higher payout  during the golden decade and guarantees these payments for life with any remaining principal paid to beneficiaries.
3. Prevents the RMD crash.   A typical life income annuity starts payments at age 70 about 60% higher than RMD withdrawals.  It is true RMDs increase with age but assuming a 3% growth rate at their peak they  will provide an income 15% lower than the annuity.  After the RMD’s peak withdrawal years the  annual income begins decreasing until the money runs out.

Lifetime annuities take the RMD drop off  and longevity risk away while offering a higher payout.

For help you may ask questions in the comments

Or contact me privately: Tim Barton Chartered Financial Consultant

Despite Growing Status as Primary Breadwinner and Household CFO, Women Still Fear Becoming “Bag Lady” a new  2013 Allianz Life Women, Money & Power Study Reveals.  

This is a surprise considering 60% of women say they are the primary breadwinner in their household

• 54% of respondents describe themselves as the household CFO.
• 49% sometimes fear becoming a “bag lady”.
• 27% of those earning more than $200,000 per year share that fear.

Inside the study

• More than 2,200 women ages 25-75
• Minimum household income of $30,000 a year
• “Bag Lady” fear extends to all corners of life and affluence
• Was highest among single respondents at 56%
• Significant concern for divorced women 54%
• Widows 47%
• Married women 43%

Despite feeling more empowered about financial planning

•  Forty-two percent said they believe financially independent women are intimidating to men and often end up alone
• (31%) said those women are hard to relate to and often don’t have many friends.
•  This feeling was even higher among single women at 47% and 32%, respectively.

Allianz Life Vice President of Consumer Insights Katie Libbe comments-

“When Allianz Life conducted the initial wave of the Women, Money & Power Study seven years ago, we discovered that women everywhere – even well-educated, successful, financially independent women – have major gaps and unmet needs when it comes to achieving comfort and confidence with money,”  “Today, women clearly feel more invested in financial planning, however, fears of fiscal failure still persist. The real message here is that the financial services industry needs to help women learn about money and prepare for their retirement.”

In the Age of the Financially Empowered Woman

•  57% of all women surveyed said they both “have more earning power than ever before” and also “handle major investment decisions and retirement planning.”
• 55%  noted they take the lead in suggesting new investing or retirement ideas.
•  60% said they were responsible for handling tax preparation and planning.
• 90%  of women surveyed agreed that in today’s world, women need to be significantly more involved in financial planning than in the past
• 96% of divorced women felt this way.
• 67% of women surveyed said that becoming more knowledgeable and involved in managing their finances has improved the quality of their life, 71% of  single women agreed.

“Allianz Life is dedicated to the mission of achieving financial literacy and independence for every American, so we’re especially keen to design solutions that are relevant, responsive, and sensitive to helping women accomplish greater financial security,” noted Libbe.

Financial Crisis of 2008-2009 Drives Behavior Change

•  68% say they have increased their financial involvement since the crisis
• Women ages 45-54 (72%) and widows (75%).
•  43% of women surveyed said they don’t feel any smarter about how to manage their money than before the crash. That feeling was shared by 36% of women with the highest income (household income of $200,000+).

When asked what key issues will have the greatest effect on their retirement outlook

• “lack of adequate retirement savings”
•  ”the future of Social Security,”
•  ”rising health care costs,”
•  ”unemployment,”
• “tax changes.”

Retirement is the worry that keeps most women up at night.

Second only to loss of spouse/significant other. “Running out of money in retirement” is a worry that keeps 57% of women up at night and is the number one worry for single and divorced women.

 Full study available here.

For help you may ask questions in the comments

Or click here to contact me privately: Tim Barton Chartered Financial Consultant

The Roth IRA may be one of the most under used retirement income strategies.  Due to the deductibility of other retirement saving plans like Traditional IRAs and the 401(k); Roth IRAs are usually just an afterthought. After all who does not want to pay as little income tax as possible?  It seems a very simple rational decision. Initially a Roth has no effect on the amount of income tax due because the taxpayer receives no immediate tax deduction.   

Today one of the most relevant retirement/tax planning question is –

Do you think tax rates are headed down, stay the same or will they go up in the future? 

Clearly if you feel tax rates are going rise at some point then the decision is to pay a smaller tax now or a bigger tax on a larger sum later.  A Roth IRA is worth serious consideration, especially if you consider an enhancement by utilizing available lifetime income options.  

The new generations of annuities offered today either have income options built in or offer the option to purchase a guaranteed lifetime income rider. Using either of these options the annuity owner has the ability to start lifetime income at a specified age. 

If retirement planning is being done correctly income points are identified.  These are points in time when a retiree needs to start an income stream.  

To help understand the magnitude of the enhanced Roth advantage let’s use a simple example.  A future retiree is currently 49, they start contributing to a Roth annuity with lifetime income available as early as age 59 ½. The Roth’s income benefit base has grown to $100,000 with an annual tax free lifetime payout of 5% available ($5,000).  Whether or not they actually plan to retire at this early date they should start the lifetime income payout.  Why?  Because the income is for life, the earlier it is started the greater chance they will live long enough to get into company money.  In other words they would receive all of their money, interest earned and then they receive company money for as long as they live.  If cost of living increases are built onto our $5,000 yearly income example so much the better.   

Besides, even if still working, who wouldn’t appreciate some additional tax free income every year after age 59 ½?

For help you may ask questions in the comments

Or click here to contact me privately: Tim Barton Chartered Financial Consultant

Americans in retirement and those soon to be retirees have serious concerns. According to the Reclaiming the Future Study conducted in 2011-2012 by Allianz Life:

Fear # 1 - American Retirement Crisis/Unprepared:

• 92% of Americans believe there is a retirement crisis and fear they are unprepared

When asked “Do you believe there is a retirement crisis in this country?”

• 92% answered absolutely or somewhat.

In the age group 44-54

• 54% said they feel unprepared for retirement.
• 57% of all respondents worry about their nest egg safety and it may not be large enough.
• 47% fear they will not be able to cover basic living expenses.

 Fear #2 – Americans fear outliving money more than they fear death

• Increasing longevity mean more people are spending more years in retirement.  
• 77% of all age groups worry about living too long.  So much so a shocking 61% feared outliving their assets more than they feared death. 

The market meltdown of 2008-2009 caused a profound financial rethinking for Americans. 

• 53% reported their net worth was significantly eroded in a very short period of time.
• 43% had their home values drop
• 41% realized they were not “in control” of their financial futures as they’d thought.

 As a result of this financial turmoil many research participants said they changed their behaviors.

• Cut back on spending
• More interest in financial news and studying the markets

The majority agreed- “That the safety of my money matters more.” 

“Asked to consider the features that would be most important to them if they could build the ideal financial product?”

• 69% of survey respondents said they would prefer a product that was “guaranteed not to lose value”
• Only 31% would choose a product that is not guaranteed with the goal of “providing a high return.”

Annuity-like solutions are gaining relevance and appeal.

For help you may ask questions in the comments

Or click here to contact me privately: Tim Barton Chartered Financial Consultant

As we move forward into tax season, we wanted to take a moment to remind you of some unique benefits that are available to the brave men and women serving in our Armed Services

Heroes Earned Retirement Opportunities (HERO) Act:

On May 29, 2006 President Bush signed into law the Heroes Earned Retirement Opportunities (HERO) Act. The HERO Act allows members of the Armed Forces serving in a combat zone to include nontaxable combat pay as compensation for purposes of determining traditional IRA or Roth IRA contribution amounts.

Prior to this act, because combat pay is nontaxable and excluded from gross income, a serviceman or servicewoman with only combat pay was unable to make an IRA contribution.

Additional time to make traditional IRA or Roth IRA contributions:

Generally, traditional IRA or Roth IRA contributions are due by the tax filing deadline (April 15, 2013 for the 2012 tax season), not including extensions. However, military members and their spouses may qualify for a deadline extension of up to 180 days after the last day served in a combat zone, hazardous duty area, or certain other deployments, plus the number of days that were left to make the IRA contribution at the time service in the combat zone began. The extension doesn’t just apply to traditional IRA or Roth IRA contributions, but also to filing tax returns, paying taxes, and claiming a tax refund.

Heroes Earnings Assistance and Relief Tax Act (HEART) Act:

On June 17, 2008 President Bush signed into law the Heroes Earnings Assistance and Relief Tax (HEART) Act. One of the major provisions of the HEART Act relates to the ability to roll over Servicemembers’ Group Life Insurance (SGLI) payments to a Roth IRA or a Coverdell ESA.

The Act permits an individual who receives a military death gratuity or SGLI to contribute the funds to a Roth IRA and/or one or more Coverdell education savings accounts. In addition, the contributions would be treated as rollover contributions and not subject to normal income or contribution limits. The contribution must be made within one year from the date the taxpayer receives the military death gratuity or SGLI payment. This provision is generally effective for payments made on accounts of deaths from injuries occurring on or after June 17, 2008.

For help you may ask questions in the comments

Or click here to contact me privately: Tim Barton Chartered Financial Consultant

Reprinted with permission- Allianz

Horseshoe crabs have a protein that tags bacteria and tells their body to destroy it.  This led 15 year old sophomore Riley Ennis to ask this question.  “If we could take their name tag, a bit of the patients tumor mix them together and stick them back in the patient will you be able to teach the body to recognize and destroy the cancer?”

Because Riley Ennis was interested in the ocean as a kid he watched a Nova TV special about horseshoe crabs which caused him to ask the question above and led him to this research-

He mixed a vaccine, the bad stuff, cancer and protein, red dye (immune system tracker) to see how the immune system responds.  This mix was injected into an octopi to see if the red dot would show where all the immune cells moved to.

If there was a red dot it would show the octopus was attacking the cancer.  Watch this astounding video to see what happens.

The Red Dot | Boston McConnaughey & Andrew Hancock from Focus Forward Films on Vimeo.

Too many times the news focuses on young adults who get in trouble while ignoring those are setting out to bring a better life to all of us.  Riley Ennis is clearly on a noble mission.  With his success and that of many others we may all live quality lives of 100 years or more.

Throughout history many of the greatest discoveries and inventions happened by accident, someone trying to solve an unrelated problem.

Imagine if we had a battery in all of our devices that charged in seconds rather than hours or days. Well actually its a capacitor not a battery but I’ll let the video explain the difference.

Think of the freedom you’d have to travel and explore if a car powered by a capacitor could be charged back up within a couple minutes.

If this graphene capacitor can be developed for a broad spectrum of applications we are looking at a real lifestyle changer.

Last night large sections of Arizona received significant snowfall.  What the heck?  My Arizona clients were expressing at the start of our conversations this morning; some used a slightly stronger version of that expression.  After all, we should feel sympathy for those who pulled up their Wisconsin, Minnesota and North Dakota roots choosing to move to Arizona in order to enjoy their endless sunny days of retirement.

Here is a news video from an Arizona news station.

The definition of “significant snow” differs by region. Arizonians apparently define it as .30 to 1.26 inches.

When many of us are feeling the pangs of spring fever while staring at snow outside our doors measured in feet rather than inches and the wind howling out a sub-zero windchill…

How much sympathy do you feel?

Do you know anyone in Arizona?  What will say to them?

Anyway, try and be polite when you speak with your friends in Arizona.

The horse (Mariska) in this video has been dubbed “Houdini Horse”. What’s not like about a horse or anyone else’s desire for freedom?

The lust for freedom is a natural yearning programmed right into the core of our DNA. Over time life experiences such as raising a family and career may have dulled this desire. However, I don’t think the desire to be free and do what you want on your own schedule ever goes away.

When I am asked “What is number one motivation to retire?” The soon to be retirees I work with express a desire to get off the treadmill, stop producing for someone else, travel when they want or to simply reassert control of their daily schedule. Everyone who works has a vision of their perfect retirement which almost always includes maximum personal freedom.

Apparently Mariska A.K.A. Houdini Horse not only wants personal freedom she wants freedom for all her companion horses as well.

The market crashes and low interest rates during the last decade have put serious crimps in many retirees’ personal retirement freedom. Some have had to work part time jobs others have had to cut back their spending in order to keep the household budget balanced, crimps to retirement freedom.

Unfortunately many financial planners are still using outdated retirement income models from the 90’s and because these models do not work in the “new normal” they are exposing their client’s retirement freedom to unnecessary risk. As I have written in several posts it does not have to be this way. The tools are available to help retirees maintain retirement freedom.

Comment below or privately Contact Tim Barton

Taxes are inevitable.  You know that part.  Each April 15, you tally up all of your 1099 forms that you have received and pay taxes on your investments, even if you haven’t actually spent a penny of those dividends and interest earnings.  Unfortunately, the money lost to taxes will never be available to you again.  But if you use the principles of tax diversification, you could benefit by paying taxes on what you spend – Not on what you earn. 

Tax diversification is as important as investment diversification when it comes to managing retirement saving risks.  With the proper advice you can create flexibility by selecting the best tax situation for your specific needs and time horizon.

Think about your financial goals for today, the next 10-15 years and down the road as you near retirement and answer these questions:

• What investments do you currently hold?
• What is the intent for that money?
• Can it be allocated more tax efficiently?
• How many years until you retire?  If you are retired how much and long do need your income?
• Are you planning a major purchase?
• What do you pay in taxes on each year- as reflected in IRS Form 1099

Now divide your investments into these three categories:

1. Money that is taxed now
2. Money that is taxed later (tax deferred/taxed when withdrawn)
3. Money that is never taxed (paid in with after tax dollars and tax free during accumulation and at withdrawal)

Reallocate your investments into the appropriate category, if necessary.

For help you may ask questions in the comments

Or click here to contact me privately: Tim Barton Chartered Financial Consultant

Most people perceive the items they place in bank safety deposit boxes as valuable, hard to replace documents or that are significant part of family history, money, jewels, you name it.  

Safety deposit boxes are safe right? 

Certainly the items sealed in the boxes are safe from hazards such as theft, rain, fire, etc.  But what happens when the owner forgets about the box and its contents? 

In WI as with all states there are laws regarding the disposition of abandoned property.  In WI the Office of State Treasurer has the responsibility to return property to its rightful owner after 5 years of missed rental payments.  Last year they returned about $35,000,000 to the owners.  So far the 2013 total is at $4,188,844 and counting.

Sometimes they cannot find the owners or heirs to return the property.  In other cases the contents of the safety deposit box is not worth the back rent payments to the person so the State Treasurer will destroy and dispose of documents such as insurance policies, marriage licenses, birth certificates, passports, etc. 

Search for unclaimed property here 

Items that have value will be sold at auction; this is where EBay enters the process.  Kurt Scheller State Treasurer has setup an EBay account for the state of Wisconsin and auctions off unclaimed items monthly.

Right now there is a “Be My Valentine” auction.  All things related to Valentine’s day are being auctioned.  Bids start at a penny.

Here some photos of other items sold at previous EBay auctions.

The sale of real estate including your home or farm could be subject to Medicare taxes. The Affordable Care Act’s increased Medicare taxes are in effect now for tax year 2013. Some workers are wondering why their take home pay has been reduced. Part of the reason is the payroll (SS) tax cut has expired and the Fiscal Cliff fix did not reinstate this tax cut, this affects all wage earners from dollar one.

The other part for higher wage earners may be the ACA mandated Medicare tax increases, these started January 1,2013.

The following graphics explain the 2013 Medicare taxes on earned income, unearned income and how the sale of real estate including your home or farm could trigger this tax.

How and when is a Roth IRA taxed?  This is one of the frequently asked questions of the 2013 tax season.   Many are wondering if the “Fiscal Cliff Tax Fix” had any effect on Roth IRAs.  Here is a  Roth IRA Taxation Chart to help you understand how a Roth IRA is taxed and how it avoids income taxes.

Due to the continuing low interest/yield environment we find yourselves in cutting edge Retirement Income Planners are recommending their clients purchase  a Roth fixed index annuity with one of the new generation lifetime income riders attached.  The idea is to hold the annuity for 5 years or until age 59 1/2 whichever is longer then start the guaranteed tax free lifetime withdrawal.  During the holding period the annuity owner earns a guaranteed income base roll-up rate, typically 5-7%.

By starting the Roth lifetime income payments early in retirement or even before retirement they would likely receive all their Roth funds plus interest in about 15 years and then they would continue receiving “company money” for the rest of their lives.   Some of these plans have cost of living increases built in so the potential for a large sum of tax free income is certainly available.

In many cases it is not wise to leave your Roth Funds – just “sit” there.

For help you may ask questions in the comments

Or contact me privately here: Tim Barton Chartered Financial Consultant

The Social Security Administration estimates that 96% of American workers are covered by Social Security. Many Americans, however, don’t have a full understanding of Social Security and the benefits it provides.

For example, many people are not aware that:

• Social Security is currently the largest social insurance program in the U.S., funded through dedicated payroll taxes called Federal Insurance Contributions Act (FICA).
• The Social Security retirement benefit is designed to replace a percentage of earnings at retirement and the amount received will depend primarily on two factors…lifetime earnings history and retirement age.
• Depending on year of birth, taking Social Security retirement benefits early can result in as much as a 30% reduction in the retirement benefit that would be payable at full retirement age.
• On the other hand, deferring Social Security retirement benefits to age 70 can result in as much as a 32% higher retirement benefit as compared to the benefit available at full retirement age.
• A portion of the Social Security retirement benefit may be subject to income tax.
• There are a variety of strategies that can be used to enhance the value of Social Security retirement benefits.

For most people, their monthly Social Security check will form an important part of their retirement income.

 My free “Retirement and Social Security” Life Guide can help you understand what you can expect to receive from Social Security when you retire. To have a copy emailed to you  contact me privately here: Tim Barton Chartered Financial Consultant and request “Retirement and Social Security” in the message section.

Even those who are retired have concerns about the amount of income taxes they are required to pay. So being it is now “tax” season some tax saving information may be helpful.

Once total or gross income from all sources has been determined, certain adjustments to income are available.  These adjustments amount to a reduction in gross income and generally are granted to achieve tax fairness or in recognition of a desirable social objective. Adjustments to income are available regardless of whether a taxpayer itemizes deductions or takes the standard deduction.

The available adjustments to income include:

One-Half of Self-Employment Tax

Self-employed taxpayers generally deduct one-half of their self-employment tax, as determined on Schedule SE.

Self-Employed Health Insurance Deduction

Self-employed taxpayers can deduct 100 percent of the health insurance premiums (including long-term care insurance premiums) they pay for themselves, their spouses and dependents.

Health Savings Account Deduction

Contributions to a Health Savings Account, up to specified maximums, may be deducted.

IRA Contributions

Eligible individuals can contribute and deduct up to $5,500 to an IRA; $10,000 for an eligible married couple, even if one spouse has no earned income. For workers age 50 and older, the IRA contribution limit is $6,500 for 2013.

Education Savings Account Contributions

Subject to income limitations, up to $2,000 per beneficiary (generally a child under age 18) per year may be contributed to an Education Savings Account and deducted; subject to income limitations.

Student Loan Interest Deduction

Up to $2,500 of the interest paid in 2013 on a loan for qualified higher education expenses may be deducted, subject to income limitations.

Qualified Tuition and Related Expenses Deduction

Up to $4,000 of qualified tuition and related expenses paid in 2013 may be deducted, subject to income limitations.

Educator Expenses

Professional educators can deduct up to $250 spent out-of-pocket for classroom expenses.

For help you may ask questions in the comments

Or contact me privately here: Tim Barton Chartered Financial Consultant

Post “fiscal cliff” tax rates are available on this handy chart to help with your tax planning and preparation.

Update: Roth IRA Enhancement strategy post.

If you would like a copy of this tax chart emailed to you, let me know by confidentially leaving your email here.