Congratulations on reaching your half century. Turning 50 and beyond may just be the best thing that's happened to you! Sure, you've probably got a few aches and pains but hey so does everyone. So I here you cry, what's so great about turning 50 and beyond?
Well for starters, your kids will have grown up and left home, so if you don't enjoy the peace and quiet of a calm and tranquil house, surely taking back control of the TV remote or being able to get access to your bathroom is something to celebrate? Not only that you're probably close to retirement (cause for celebration indeed) or maybe you've retired already? You've paid your mortgage off and for the first time since being a teenager you have some extra cash to play with. But perhaps the best thing about turning 50 is you should have more time to enjoy the things you like doing?
So now is the perfect time to enjoy senior life and maybe start a new hobby or take that long vacation you've always promised yourself. You've worked hard all your life and now that you're taking life at a more steady or predictable pace why not fill some of your spare time with the things you like doing. However, this may not appear as easy as you first think. A lot of "Baby Boomers" find it difficult to adjust and have trouble filling their time. This needn't be a problem though, especially with the ever expanding Internet. Did you know that there are literally millions of seniors all over the world using the Web as a way of life and these numbers are increasing year-on-year. Of course you did, but what you may not know is that there are Websites being created specifically for the Over 50's community. These sites help advise on common problems that middle aged or seniors face and are a great way to meet new people your age who share your thoughts and interests.
One such site is Life-Over-50.com, there you'll find helpful information relating to literally anything relating to Life Over 50 such as, Hobbies and interest, articles, chat and lots more besides. You can even submit your very own article, perhaps you'd like to share with the Over 50's community your recent holiday vacation experience or perhaps you've recently solved a problem that other seniors might appreciate. It really doesn't matter they happily post your thoughts.
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I helped a person transfer funds out of Ghana. My fee is $950,000. To avoid income tax on these funds, should I set up a non profit trust and transfer the the funds to it ,and will this make the tax exempt? Or, am I stuck to pay taxes. If yes then I will simply deposit the money in the Carribean.
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