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Ted Bauman and a Lifetime of Achievement


Ted Bauman is a Washington D.C. native and was raised in Maryland for most of his childhood. He would later relocate to South Africa and attend the University of Cape Town, graduating with two degrees in History and Economics. He would spend the next thirty-five years of his career living there as well. His involvement in a host of nonprofit organizations has positively affected the lives of millions of people across the world. One organization in particular is called Slum Dwellers International, which was an effort he helped create that focused on the construction of low-cost housing developments for people in need. He would later assist powerful, world-renowned organizations including the United Nations, World Bank, European financial institutions, and even the South African Government itself. Much of this work was focused on the research and consultation expertise he had acquired with his work in urban housing financing. View Ted’s profile on Linkedin

In 2008, Ted Bauman returned to the United States where he took the role as Director of International Housing Programs for Habitat for Humanity International. His career in the industry provided the organization with vast insights into the complex business model of urban development. After five years of service, Bauman left that role and became a full-time writer. He also became heavily involved in research and with both professions combined, Ted Bauman created The Bauman Letter. His works in the publication include his personal insights on economic strategy, as well as using his past experiences to guide individuals in their future endeavors. Investment publication Banyan Hill offers a free newsletter within their Sovereign Investor Daily section which Ted Bauman also contributes a weekly piece to.

Ted Bauman wrote an article for Medium.com highlighting an important issue that many individuals struggle with, retirement. He recommends that parents need to encourage their kids to save for their eventual retirement as early as teenage years. He notes that many kids at that age at far more concerned with pretty much everything else that exists in the world besides retirement but guidance should still be implemented. His main source for this saving apparatus would be to open a Roth IRA and contribute to it as much as possible. The trick that Bauman recommends is for the parent or guardian to issue these deposits in the form of gifts to the child, which will register with the IRS as non-taxable as long as the total sum for a yearly deposit remains under fourteen thousand dollars. He also comments that using Social Security funds to make deposits to the child’s IRA is also acceptable, but the individual has to be over age sixty-five years of age to collect on this Government benefit and most likely that person’s child or children are well into their adult ages by that time. Visit: http://www.gold-eagle.com/authors/ted-bauman

 

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