Here’s good news if you’re frequently behind the wheel in Florida. We no longer take first place for the absolute worst drivers in the nation, according to a SmartAsset study cited in the Tampa Bay Times. After “winning” the worst drivers’ award for two years running, Florida slipped out of the top spot and slid […]
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Get Ready For Hurricane Season: 5 Lessons From Hurricane Irma
Attention, East Coast residents. It’s hurricane season again! The season officially runs from June 1 to November 30, so start thinking now about what you need to do to get ready. Last year, our state was hit by Hurricane Irma, the most powerful storm ever recorded in the Atlantic Ocean. It killed over 75 people in […]
What You Need To Know About Annuity Taxes Before It’s Too Late
Sad to say, we spend a lot of time trying to get clients out of annuities they’ve purchased elsewhere. Annuities can be extremely costly, and once you’re in, you may not be able to get out for seven or more years without a major hit to your wallet. The sales pitch is always compelling, but […]
Disability Awareness Month: Yes, It Can Happen To You!
May is Disability Insurance Awareness Month. Disability insurance can provide income protection if you are unable to work. Disability is more common than you think. One out of every four 20-year-olds will become disabled and be out of work for 12 months or more before they turn 67. Disability can stem from many causes, including […]
When YOUR Long-Term Care Premiums Start Climbing, Will YOU Know What To Do?
If you’re the owner of a long-term care insurance policy, you’ve probably learned that premiums can (unfortunately) go up over time. But when you’re confronted with a big increase, do you know what your options are? Here’s a real life example we’re facing in our office. We’ve been helping a client who just found out […]
Irma Just A Bad Memory? Don’t Forget The Lessons Learned
Hurricane Irma seems like it was years ago, but take a moment to ask yourself if you’re ready for next year. Delray Beach insurance agent Mark Rindom and I spoke with journalist Kim Lankford of Kiplinger about flood insurance. Yes, we know it isn’t a sexy topic, and it’s the last thing on your mind […]
Annuity Abuses Rise To Top Of Regulator’s Scam List
Has your broker recommended that you swap an old annuity contract for a newer one? Regulators say that could be a way to scam you out of thousands of dollars. Abusive swaps like these, involving improper annuity exchanges, have risen to the top of the investment scam list at FINRA (FINRA is the organization regulating […]
Quote Of The Week: States Can’t Afford The Retiree Health Benefits They’ve Promised
“U.S. states as a group have promised hundreds of billions more in retiree health benefits than they have saved up. The shortfall amounts to at least $645 billion, according to a new report from the nonprofit Pew Charitable Trusts based on 2015 data. That is in addition to the $1.1 trillion that states need to pay […]
What To Do Before The Next One Hits: 5 Lessons From Hurricane Irma
Irma was the most powerful storm ever recorded in the Atlantic Ocean. It killed over 75 people in Florida and caused billions of dollars of damage. Those of us in South Florida were lucky to have escaped worse. Here are 5 major lessons we learned from Irma: Lesson #1: Don’t neglect flood insurance. Roughly 80% of […]
Irma Wreaks Havoc In The Keys
We know the Keys really took a beating with Irma, and few people, other than rescue/repair crews and homeowners, have been down in the Keys so far to survey the extent of the damage. But we’ve already seen some “before” and “after” Irma pictures like those in the South Florida SunSentinel that make us sad for […]
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About Mari Adam, CFP®
Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for twenty five years. Mari has appeared in publications such as Business Week, CBS MarketWatch, Wall Street Journal, Kiplinger’s, Newsweek, and Money Magazine.
