About Mari Adam

Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for over twenty-five years. Have a question about your financial situation? Ask Mari!
Author Archive | Mari Adam
meditation

Take A Deep Breath. Market Pullbacks Are Normal.

Last week’s sudden market decline probably took more than a few investors by surprise. So perhaps this is a good time to remind everyone that market pullbacks are normal occurrences, taking place about once per year on average. (See our previous article Don’t Turn Market’s Temporary Pullbacks Into Permanent Losses.) It’s hard not to react emotionally […]

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Quote Of The Week: When Helping Adult Kids Hurts Your Retirement

“Parents are spending $500 billion annually to support their adult children — two times the amount they’re contributing toward their own retirement savings.” Betsey Guzior, “Parents contribute more to adult kids than retirement savings,” The Business Journals, October 4, 2018 The Takeaway: Almost 80% of parents provide some financial support to their grown kids ages […]

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Hocus Pocus

Bubble, Bubble, Toil & Trouble: Watch Out For These Housing Bubbles

Just in time for Halloween, check out the trouble that may be brewing in these pricey housing markets. Housing affordability is reaching historic lows, and coupled with higher mortgage rates, that could mean trouble for future real estate prices. When housing becomes too expensive for most buyers, experts worry that demand will slack off, causing […]

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How To Help The Victims Of Hurricane Michael

Many communities in Florida’s Panhandle have been devastated by Hurricane Michael. Here’s information on what you can do to help: Guidelines on how to help Hurricane Michael victims, from Money magazine. Fifteen things you can do right now to help Hurricane Michael victims from FastCompany (includes animal relief, housing for relief workers, and medical care). […]

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Quote Of The Week: Break This Retirement Rule And You’ll Be Eating Alpo

You’ve probably heard of the 4% withdrawal rule, right? Based on research, most financial planners and retirement experts think you can withdraw roughly 4% of the value of your portfolio each year and spend it. Withdraw more, and you risk running out of money before you run out of life. (We use a modified 4% rule in our practice, with […]

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Some Perk! Your Health Insurance Now Costing Nearly $20k Per Year

Does your family get health insurance through your workplace? Here’s some numbers that may shock you. The total cost of that insurance coverage, even before you pay for any doctor’s visits or other expenses out of pocket, is a staggering $20,000, reports CNN. In most workplaces, you (the employee) pay a small portion of the […]

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After Reading Our Blog Post, Our Client Turns Up $300 In Free Money

Did you see our blog article last week about the billion dollars or so of unclaimed property the state of Florida is trying to give away? You can check out the article here: $1 Billion In Unclaimed Treasure For The Taking. Could It Be Yours? To see if some of that property is yours, all […]

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2018 women's leadership

What Women Execs Think About Work & Diversity In South Florida

I attended an outstanding roundtable discussion last week featuring four of South Florida’s high-powered female executives, like (featured left to right in the photo) Suzanne Ferguson, General Counsel at Hotwire Communications; Margaret Nee, Manager of Real Estate Transactions at Baptist Health; Caroline Fleischer, Managing Principal at Cresa; and Andrea Schliessman, Senior Direction of Learning & […]

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manhattan skyline

Manhattan Real Estate: Are Prices Headed For A Slump?

What is happening to Manhattan real estate? After years of strong demand and brisk sales, Manhattan home sellers are suddenly finding that escalating prices and tax changes are making it harder to sell a home in the Big Apple. Purchases have dropped and new listings are starting to pile up, says Bloomberg. Potential buyers may […]

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Social Security Recipients To Get Bigger Inflation Hike In 2019

A 2.8% inflation adjustment might not seem like a lot, but compared to previous years, it’s an epic leap. If you receive Social Security benefits, that 2.8% increase is the Cost of Living Adjustment (COLA) you’re likely to get in 2019. If that seems skimpy, just realize it would be the biggest inflation hike since […]

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