Retirement & Financial Planning Report

The financial markets have been so volatile lately that you probably have some losses in your portfolio, especially in stocks and stock funds. (Stocks tend have greater potential gains but also larger losses.) If so, you should realize any losses you have, for tax purposes:


Up to $3,000 worth of net capital losses can be deducted each year, from your other income. Moreover, if you wind up with net losses each year you won