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
piggy bank many hands

5-Minute Fix: Are You Saving Enough to Meet Your Goals?

No time to spare?  Don’t worry.  The “5-Minute Fix” shows you how to have a big impact in your financial life with just a little time. Okay.  So you are putting away a little bit of money every paycheck into your 401(k).  Or maybe you contribute to your Roth IRA.  But how do you know if it’s enough? […]

Read full story Comments { 5 }
target savings needed to accumulate 500k-2

Start Saving Early … Or It May Cost You

You probably already know that one of the keys to successful financial planning is to “start early.” There’s a good reason for that.  If you start saving in your 20s or 30s, and let your money compound over time, you don’t need to save that much.  However, if you delay until you are in your 40s or […]

Read full story Comments { 0 }
Money Tool

Quote of the Week: Money is Just a Tool

“It’s not about money.  It’s about living.  Money is just a tool to help you live your best life.” Kara McGuire, “Seven money tips to learn and live by“ Minneapolis Star Tribune, January 31, 2012  

Read full story Comments { 0 }
refi

Last Call for Refinancing?

If you are standing on the sidelines waiting to refinance, don’t wait too much longer.  Rates are at historic lows.  “This is an excellent time to refinance,” said Greg McBride, senior financial analyst at Bankrate.com, in a February 2012 Wall Street Journal  interview.  If you can’t decide if a refi is right for you, here’s some factors to keep […]

Read full story Comments { 0 }
married and money

Young Singles: Already Behind at the Savings Game?

Singles are surging.  They number almost 100 million and make up 43% of the adult population in the United States. But therein lies a problem, at least when it comes to retirement savings.   Young singles (between the ages of 22 and 35) are about half as likely to open a retirement savings account and save for the future as their married […]

Read full story Comments { 0 }
caring hands

What’s Next for Long Term Care Insurance?

Solving the long-term care puzzle is one of the most challenging problems our clients face.  Most people are aware of the very high cost of long-term care, and understand the potentially devastating impact on their finances.  However, they also know that long-term care insurance can be expensive, policy premiums can go up over time, and not everyone can even qualify for coverage. […]

Read full story Comments { 0 }
401k

5-Minute Fix: Getting Free Money From Your 401(k)

No time to spare?  Don’t worry.  The “5-Minute Fix” shows you how to have a big impact in your financial life with just a little time. If you are not putting enough money in your 401(k) to get the maximum employer match, you are absolutely leaving free money on the table. 29% of all workers do not contribute […]

Read full story Comments { 0 }
watch key retirement

Quote of the Week: Lowering Your Investment Expectations

“You still have a lot of people expecting 8% or 10% a year from stocks or even from balanced portfolios.  That’s naive.” Robert D. Arnott, founder of Research Affiliates LLC, Newport Beach, California, and portfolio manager for Pimco  funds, as quoted in “Bad News for Boomers,” Wall Street Journal, March 5, 2012  

Read full story Comments { 0 }
increasing-costs

Will Your Portfolio Income Grow With You?

Everyone knows how low interest rates are right now.  That’s why we urge investors to look beyond government bonds and CDs if they need to earn a decent amount of income.  Here’s a dramatic illustration of how your income stream would have withered away if you chose to invest only in government bonds over the course of a […]

Read full story Comments { 0 }
caregiving

Quote of the Week: Caregiving

“One-quarter of adult children in the United States are currently providing personal care or financial assistance to a parent – a proportion that has more than tripled over the past 15 years.” AARP

Read full story Comments { 0 }