On December 20, 2019, the SECURE Act (Setting Every Community Up for Retirement Enhancement) was signed into law, bringing with it significant changes to the retirement planning landscape. We believe some of the changes are positive, and some are not. If you have a qualified retirement account (and most of …
The new year means that one-fifth of this century is already history! For me (and I suspect some of you as well), it seems like just yesterday that we were ringing in the new century and waiting for the lights to go out because of Y2K. Now we are on …
I recently was on a community call hosted by one of my mentors, Susan Bradley (founder of the Financial Transitionist Institute), and the topic was how families navigate change during the holidays. The holidays are a time of emotional connection – which can be the source of both appreciation …
Fall is “Open Enrollment Period” for many companies and an excellent time to revisit your employee benefits. Are you getting the most out of the options your employer is offering to you? Here are my top 5 tips on what to consider. Healthcare Tip: the H S A (Health Savings …
There are influential professionals, advisors, and mentors that assist us in many aspects of our lives. I’ve personally found it helpful to find people who have strong values and are committed to helping others. Knowing good questions to ask people you are considering whom to entrust and hire as an …
For many parents, a college education is an important part of a child’s journey into adulthood. Funding this part of the journey often presents a challenge, though – and potentially long-lasting financial consequences to both the parents and the child. As we enter back-to-school season, I offer these top 3 …
In this age of acronyms, one of the best I’ve heard is QTL. Quality Time Left. A friend of mine who was recently celebrating the 29th anniversary of his 31st birthday (my backhanded way of saying he turned 60) introduced me to the concept of QTL. During this summer season, …
I have seen some really convincing scam emails lately. I mean the type that get me wondering, “should I click on this button?” Don’t I know better? It makes me wonder how many people fall prey to these frauds. CNBC reported earlier this year that “The most popular type of …
As parents, we have a responsibility to teach our children how to save, spend, and invest wisely. Trying to explain these principles, in theory, can be difficult for a parent to communicate as well as for a child to understand. However, a Kid’s Roth IRA can give a parent an …
I was recently listening to the podcast “Secrets of Wealthy Women,” hosted by the Wall Street Journal. One of the wealthy ladies being interviewed, a successful business owner, made a comment which stopped me cold. When asked about her investing philosophy, she replied nonchalantly, “Oh I don’t like risk, so I just …
