Retirement today is a whole new ballgame, and it might run a few extra innings. That may not be the best sports analogy, but it’s one of the main takeaways from an online conversation sponsored by Barron’s with gerontologist and aging expert Ken Dychtwald, CEO and founder of Age Wave. Dychtwald is a prolific writer and […]
Giant Government Retirement Plan Going Green
Over 6 million workers from government agencies and uniformed services will soon have the option of going green when it comes to their retirement plan investment choices. The government version of a 401(k) is the Thrift Savings Plan, a giant $762 billion defined contribution plan that collects employee salary deferrals and government matches for over […]
Start Planning Now For Long-Term Care Needs
More than two-thirds of 65-year-olds will need some type of long-term care in their lifetime, and that care can be extremely costly, writes Rivan Stinson for Kiplinger Personal Finance magazine. Rivan recently interviewed Mari for her in-depth expose on planning for long-term care costs. The first challenge is knowing whether you should buy long-term care […]
What Prince’s Estate Can Teach Us About Estate Planning
Music genius Prince, aka The Great Purple One, aka Prince Rogers Nelson, seemed to have everything, even his own custom shade of purple created just for him. But what the musician left behind after his untimely death in 2016 was a big legal mess, since Prince apparently never drafted a Trust or Will indicating who […]
Quote Of The Week: Walking Away From High Home Prices
“We’re nowhere near where we were at the peak of the last housing cycle, but we do need to be careful. Walking away from an obviously overvalued home may be the best thing buyers can do in this kind of market.” Ken H. Johnson, real estate economist and associate dean at Florida Atlantic University’s College […]
Is Inflation Bad? Not Always
Is inflation always a negative? Mari was interviewed by journalist Kimberly Lankford for an article on Yahoo Finance about how inflation can actually be a plus for your finances. Inflation can lead to higher Social Security payouts, for example, and can push up short-term interest rates, like those that govern how much you can earn on your bank and […]
Lots Of Questions, Still No Answers for South Florida Condo Owners
There are still no answers as to why the Champlain Towers South condo in Surfside, Florida tragically collapsed, causing almost 100 confirmed fatalities and anguish for uncounted South Florida families. Investigators will need months if not years to determine what really happened, and why. In the meantime, local condominium owners, construction and engineering experts, government officials, […]
Quote Of The Week: Record Job Mismatch
“Though the job market is strong right now for highly paid professionals and low-wage service workers alike, not everyone can find a match for their skills, experience or location, creating a paradox of relatively high unemployment combined with record job openings.” Lauren Weber, “Many Jobs Lost During the Coronavirus Pandemic Just Aren’t Coming Back,” The Wall Street […]
We’re Off To Vegas!
It’s not what you think. We’re not off to catch the shows or try our fortune at poker. It’s actually a major conference for accounting and finance professionals, and we’re heading there to learn what’s new with cutting-edge financial planning strategies and potential tax and estate planning initiatives Congress may have in store for you. We’ll […]
About Mari Adam, CFP®
Mari Adam, Certified Financial Planner™ has helped hundreds of individuals and families build wealth and plan for a more secure financial future for over 30 years. Her advice has appeared in publications such as Wall Street Journal, Kiplinger’s, Money Magazine, Business Week, and CBS MarketWatch.
2nd Quarter Investment Commentary – Blistering Rebound Pushes Stocks Higher
Tailwinds push stock to new highs There is a lot to be happy about, as U.S. stocks finished a strong 2nd quarter at new highs. The benchmark S&P 500 index advanced 8.55% in the second quarter to close up 15.25% year-to-date.¹ Those double-digit gains reflect a powerful economic rebound propelled by consumers rushing to shop, […]