June 2018

Values Aren’t Hobbies

“If you don’t stick to your values when they are being tested, they’re not values: they’re hobbies.” Jon Stewart Investors have a clear choice on who manages their money. They can choose this: “Merrill Lynch may reverse a ban on commissions in retirement accounts the firm manages, marking a potentially significant retreat for a leading…

Cheap Trust Can Be Very Expensive

I had the privilege of attending a parent/student meeting at South Side High School in Rockville Centre the other night.  For a change, I was neither an attending parent nor a presenter; I was a very interested observer for a number of reasons. As a mother to teenagers, I was happy to see a school…

Things Are Pretty Good Despite What You See

Trade wars, celebrity suicides, terrorism and a Social Security crisis; the headlines overflow with negativity. Is the world really this crappy? Most people judge happiness by their economic situation. It’s hard to concentrate on other matters if you are struggling to pay your bills. While media stories depress the most optimistic among us, the reality is telling another story….

It’s Monday Again…..When Is My Retirement?

Win life’s Triple Crown. Fund your retirement, put your kids through college and most importantly be happy. It’s hard to do the last one if you fail at the first two. Saving more gives you the best chance for success. Divorce can literally kill you and your retirement. MarketWatch What percentage of money can you…

Compounding Knowledge-Our Monthly College Links

College is way too expensive to approach without a plan. Too many people chose this strategy with disastrous results. Don’t be one of these people. Read our monthly links to gain knowledge and save money. Don’t forget someone has to pay for your retirement. 40% of seniors have no clue how much college costs. CNBC…

Don’t Be Anti-Social about Your Security

Social Security is a hidden gem.  Too bad most people don’t possess the proper tools to unlock its value. According to InvestmentNews, 47% of Americans failed this basic five-question quiz. 51% believe their benefits wouldn’t be reduced if claimed at 65. 46% think a spouse can’t receive benefits if they have no work history. 80% believe they…

It’s Tuesday Again…..When Is My Retirement?

Check how cool financial planning magazine made my retirement pyramid. Financial Planning Retiring abroad may be cheaper but can be very inconvenient. MarketWatch Here is how you can really max out your retirement savings. Morningstar Aging boomers are reshaping senior housing. Curbed An alternative to a reverse mortgage for those house rich but cash poor. Slate Here…

Reddit Has No Monopoly on Horrific Financial Advice

Public school teachers have a better chance at winning the lottery than finding a real financial advisor. This Reddit post sums up what teachers face daily from insurance salespeople  Many who saw this were shocked and outraged; we’re not. Nationwide, expensive insurance products are the solution for every financial need in public schools. In his…