Blog

Last week, a new client came to see us to discuss the possibilities of her cutting back on her professional work schedule and transitioning toward full retirement.  Although an analysis may show that...
Over the years, we’ve periodically fielded questions from clients asking whether purchasing one or more time-share units in vacation destinations is a good idea.  The locations range from Florida to...
Cybersecurity is becoming more important in the world of personal finance.  In fact, so important that securities regulators have been cracking down on investment companies of all sizes to ensure...
Up to now, we’ve been reluctant to comment publically about so-called crypto-currencies, however, there has been so much media coverage on the exponentially-rising prices of these over the past few...
Being the primary medium of exchange for a civilized culture, money can exert strange and sometimes complex influences on people, causing them to exhibit unexpected changes in behavior and...
Famed investor Warren Buffett once stated that “margin of safety” are the three most important words for investing.  By this, Buffett sought to illustrate the idea that If you make your investment...
According to recent studies by the Insured Retirement Institute and GoBankingRates.com on how the ‘Baby Boomer’ generation (those born in the years 1946 – 1964) is prepared for retirement, 30% of...
In just a couple of weeks on October 1st, families with college-bound students will be able to submit the Free Application for Federal Student Aid (FAFSA) to determine eligibility for college...
In today’s cyber-everything world, having your financial identity compromised or stolen can be one of the most frightening and troublesome experiences you’ll have in your lifetime.  Although with...
The last several years were not great for overseas investments as general indices in Europe, Japan and China underperformed for most investors and mutual funds.  When a category struggles in a...
According to recent studies, 45-50% of Americans today are forced into unexpected retirement before they planned, whether due to health reasons or being laid off from their employers.  Since many...
The financial markets are tricky enough to navigate, but at times, investors of all stripes can complicate matters for themselves and are really their own worst enemies.  Many investing mistakes can...
Whether it’s clients who meet with us or acquaintances at social gatherings, “How much do you think I’ll need to retire?” is a frequent question we get asked.  Unfortunately, the usual answer isn’t...
The appalling incident involving over 2 million customers of Wells Fargo Bank (where client accounts allegedly were created illegally and money transferred without customer knowledge or approval)...
Retirees today face a multitude of financial hurdles that may hamper their ability to enjoy their golden years.  Some of the more familiar issues are lack of retirement savings, loss of...
Labor Day weekend is the unofficial end of the summer season and when college students make their way to campus to start the academic year. It is also the time when these students, their parents and...
In the increasingly-globalized world we all live in, it’s an unusual week where there isn’t one or more noteworthy events that occur which has the implication of being a “game-changer” in the...
In the original Men in Black sci-fi movie, there’s a great line by veteran Agent “K” (Tommy Lee Jones) where he tells panicky protégé’, Agent “J” (Will Smith); “There’s always an Arquillian Battle...
In portfolio reviews over the past few months, we’ve listened to a variety of reactions to investment returns over the past two years; most sounding similar to: “That’s it?  That’s all my portfolio...
In the last three columns, I outlined potential looming problems of retiring Baby Boomers; a lack of savings, shortfalls in pension funding and Social Security and rising medical and other costs for...
In the previous two articles on the Baby Boomer retirement crisis, the lack of retirement savings and looming pension/Social Security income problems were at the top of retiree concerns.  If these...
This is the second article of a five-part series on navigating through the retirement income crisis.  Last week’s column focused on the retirement savings shortfall of Baby Boomers.  In this article, ...
Retirement for the so-called Baby Boomer generation is likely the most frequently-discussed topic in personal finance media today and for good reason. The financial headwinds facing this demographic...
There is an article written by famed investor Warren Buffett at the apex of the dot.com stock market boom in 1999.  In the entertaining and informative missive,(Mr. Buffett on the Stock...
2015 was not a good year for investors, especially for those in prudently-diversified portfolios.   Analysts have remarked that 2015 was the worst investment year for diversification in the last 70. ...
There is a general notion in financial planning that, given a historically average rate of a return over time from a balanced, diversified investment portfolio, a retiree may draw approximately 4%...
With the economy improving and another year upon us, here are some tips on improving your finances in 2015: Bump up your paycheck contributions to your company retirement account. Even an extra...
Over the past couple of weeks, stock market indices have been more volatile on a day-day basis. Triple-digit changes used to be head-turning events; lately they seem to take place a few times a week. ...
During a recent radio show between the host and a political analyst, a poignant comment was made by the analyst that much of America’s discontent with US military involvement in the Middle East has...
Divorce is one of those life-events that can have significant effect on your near-term and long-range finances.  Not only is the separation of income and assets, creating two new households and the...
Within the recently-approved RI budget were key changes to the State estate tax and Medicaid qualification rules. These changes could significantly impact retirement and estate planning for those...
With high school commencements right around the corner, the reality of paying for college costs this coming September may be front of mind for college-bound seniors and their parents. Interestingly, ...
In the world of personal financial planning, there are often generalizations that are discussed on financial talk shows, whether on radio, television or website blogs and articles. Reading these for...
This week, we received an email from a client who was concerned about whether a market collapse was imminent.  Her concern arose from commentary and articles she had read from “market experts” who...
With interest rates at ultra-low levels today, clients often ask us how they can get their cash, in checking or savings accounts, or bank certificates of deposit, to “work harder for them”.  In fact, ...
In today’s difficult employment market, many people in their 50’s suddenly find themselves outsourced and out of a job, perhaps when they were hitting their so-called “peak earning years” or when...
We frequently get phone calls at our office about Social Security planning, both from clients and other pre-retirees.  Despite a vast amount of information at the Social Security Administration (SSA)...
In his recent State of the Union speech, President Obama introduced a new initiative called the “myRA”, designed to encourage Americans to save more, particularly for retirement.   The premise behind...
Right now, college-bound high school seniors and their parents are putting the finishing touches on their financial aid applications for the coming academic year 2014-2015. A significant concern, of...
Back in the days of the Roman Empire, generals returning to Rome from victorious battles were often honored in parades through the city.  Through the celebration, a servant rode in the chariot to...
For those in the financial world, the holiday season ushers in the appearance of market forecasts for the upcoming year.  On occasion, a market forecaster may actually come close to hitting the...
In a July 2012 report released by Consumer Federal of America and the Certified Financial Board of Standards, only 31% of the 1500 respondents to a May 2012 telephone survey said they had a...