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Financial-Literacy

Can You Pass The (Financial Literacy) Test?

April is Financial Literacy Month, so let’s take a moment to recognize why it’s important for all Americans to understand the basic financial concepts affecting our daily lives. “People with a high degree of financial literacy are more likely to plan for retirement, and …  people who plan for retirement have more than double the wealth of people […]

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In the News

We actively participate in a variety of  media projects with the goal of helping clients and consumers learn more about financial issues.  Here are some of the recent articles to which we contributed (for a full listing, please visit our website): Florida Trend, Cindy Krischer Goodman, April 2012, “Where are you advising clients to invest while […]

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skyscrapers

Beware Non-Traded REITS

Non-traded REITs have been in the news lately, and not for good reasons. In the portfolios we manage for clients, we often buy shares of publicly traded REITs (real estate investment trusts), REIT mutual funds and ETFs (exchange traded funds).  These invest in real estate, like shopping malls, apartment complexes, and office buildings, and can be bought or […]

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caregiver 2

Special Luncheon Invitation for Clients: Focus on Caregiving

According to AARP, one-quarter of adult children in the United States are currently providing personal care or financial assistance to a parent.  If you are already caring for a parent or other family member, or need to plan for what’s ahead, don’t miss our informal luncheon discussion on: Thursday, April 19  –  Noon to Two […]

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travel photos

Quote of the Week: Buy Experiences, Not Things

“Buy experiences, not things.  Spending on experiences makes people happier than spending on things.  Things get broken and go out of style. Experiences get better every time you talk about them.” Jean Chatzky, “8 great rules to grow your money,” USA Weekend, March 30-April 1, 2012

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health_costs

Quote of the Week: Health Care Costs in Retirement

A 65-year-old couple who retired in 2011 can expect to spend an average of $230,000 on health care services not covered by Medicare, not including any additional expenses for nursing home care, during their retirement. Fidelity Benefits Consulting, March 31, 2011

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golden egg

Time is Running Out To Fund Your IRA …..

Don’t Forget …. You have only until Tuesday, April 17 to fund your Traditional IRA or Roth IRA account for the 2011 tax year.  This is a “use it or lose it” opportunity to put money where the IRS won’t tax it for many, many years, or will never tax it, in the case of Roth IRA […]

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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? […]

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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 […]

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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 […]

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