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live-long-and-prosper

Ready or Not: Calculating How Long You Might Live

Your life expectancy can have a huge impact on your financial planning.  In a separate blog article, we talked about how it’s so important to make sure your money lasts as long as you do, and nowadays, that means possibly to age 95 or 100. If you know you’re likely to live to a ripe old age, […]

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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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financial_media

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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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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money-and-ring

Men vs. Women: Who is the Better Investor?

It’s the financial version of Mars vs. Venus.  Men and women have different styles when it comes to money.  But which gender’s skills translate into better investment results?  We all know it’s a gross oversimplification. But researchers do say that, in general, men and women display different money behaviors that affect the way they spend, […]

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Business-Owners

No Excuse For Your Small Business Not To Offer a Retirement Plan

  There is definitely a problem in the small business world.  About 65% of all U.S. businesses are small businesses.  Only 29% of those have retirement plans.  The remaining 71% of small businesses offer no formalized way for employees or employers to save for the future, meaning they are dependent on Social Security and, at most, $5,000 per […]

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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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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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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 […]

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