May 4, 2019

You’ll notice the internet is full of these “get rich, stay rich” articles, but you’ll notice it’s mostly a lot of fluff without any real helpful advice. No matter how many times you read about how rich people have an “optimistic attitude”, “persistence” or “set goals”, as an advisor for the past thirty years, I can assure you that these vague tips don’t give you, or your retirement plan, much help.

March 26, 2019

Contrary to the alarms, household savings are growing. But government plans are underfunded. Lawmakers are taking action to deal with the “retirement crisis.” More than 200 House Democrats are sponsoring a bill to expand Social Security benefits, funded by a dramatic increase in taxes. California, Connecticut, Illinois and Oregon have established state-run retirement plans for private sector-workers, which many progressives hope will supplant 401(k)s.

August 8, 2018

A report on financial literacy found that one in five teenagers in the U.S. lack basic fundamentals when it comes to understanding personal finance. As an adjunct professor at Temple University for many years, my personal finance class was one of the first finance courses my students ever had. If my students did take a course in high school, it revolved around a “stock-market” game, which I find to be more like gambling and doesn’t really teach good money habits, like saving, spending, and financial priorities.

January 12, 2018

The Tax Cuts and Jobs Act of 2017 was intended to simplify taxes. However, with heated politics, unclear buzzwords, and overall panic in the mix, the new act is still extremely complex. As a result, you might feel out of sorts trying to make sense of what to do.

December 18, 2017

The 2017 MarketCounsel Summit was held earlier this month in Miami, Florida. The conference provides wealth management professionals the opportunity to meet and mingle with the brightest minds in the industry and to bring new ideas and new thinking back to their practices for the benefit of their clients.

December 12, 2017

Much has been made of the 2018 tax bill signed into law on December 20th . It is both a reduction in many people’s taxes for next year and a substantial increase in the country’s debt for the future. One impact of this bill that has gotten little coverage, however, is how it affects individual giving.

September 3, 2017

Retirement is an emotional transition. Many people miss the camaraderie of the office workplace, fear the loss of friends, stress about a new routine, and the unknown of a new way of life.

June 9, 2016

Imagine retiring to a high-rise apartment where a doorman greets you and a concierge arranges for tickets to the latest show along with complimentary transportation. Or perhaps you’d rather spend your retirement enjoying European river cruises or golfing at the best courses in the country.

May 27, 2016

The retirement process is unnerving to most—it’s a major shift in daily living and is what you’ve worked towards your entire career. The stress involved may lead to a severe case of cold feet, so how do you break through that mental barrier preventing you from taking the plunge?

May 25, 2016

The number of married Americans has been declining steadily in recent decades — a trend that’s been described as one of the largest unnamed societal shifts of the last 60 years. While the driving forces behind this trend are complex, one thing’s for sure: It matters for your retirement.