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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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. […]

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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 […]

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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  

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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 […]

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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

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rothstein yachts

South Florida Ponzi Schemes — No Rest For The Wicked

In December 2008, as the Madoff story broke, we sent an email to all our clients reminding them of critical safeguards they need to follow to avoid being the victim of investment fraud.   At that time, reading through the list of Madoff victims, we couldn’t help but recognize the names of neighbors, acquaintances and community leaders.  South Florida […]

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retirement accts plus money

Secrets of Successful Retirees

Don’t take our word for it.  Take theirs. For the fifth consecutive year, Consumer Reports National Research Center polled over 20,000 readers to ask them what what they did right and wrong in preparing for retirement.   Boy, did they get an earful. We’re not surprised by the results.  In fact, they are right in line […]

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buy-sell-panic

Buying High, Selling Low

Are you convinced that the secret to successful investing is buying when the market is on the way up, then selling in time to avoid a pullback?  If that is indeed the secret to success, then it’s such a well kept secret that virtually no one knows how to do it. In fact, most people manage […]

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credit-cards

Credit Cards: Better Leave Home Without Them

It’s not just your imagination.  You really do spend more when you say “charge it!” The proliferation of non-cash forms of payment like credit and debit cards, Pay Pal, gift cards, phone apps, and online bank payments  is making it easier for people to spend too much money.  The temptation to overspend is especially acute for […]

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