Understanding Women and Money

A 2017 study by Strategy Marketing revealed that 80% of women leave their financial advisor when their husband passes as they had no personal relationship with the advisor (1). In reaction, many firms began outreach programs for female investors, and committed to hiring more women as advisors. These are great steps, but they aren’t the […]

How to Give on Thanksgiving – Without Giving up Your Deductions

While the Tax Cuts and Jobs Act of 2017 simplifies the tax filings for millions of Americans by eliminating several deductions in favor of a higher standard deduction related to charitable giving, the higher deductions mean that many charitable contributions will not have an impact an individual’s tax return. Because of this, the act has […]

An Important Choice: Public or Private School?

Deciding whether to send your children to public or private school is a huge financial decision, but it’s also fraught with emotions, biases and deeply ingrained personal histories. There is no one right formula or answer to help people determine what’s right for them, but it’s helpful to understand what’s influencing the decision. Especially with […]

ABLE Accounts: A Great Way to Save for Individuals with Disabilities

As a result of the passage of the Achieving a Better Life Experience (ABLE) Act of 2014, ABLE accounts offer an effective way for individuals with disabilities and their families to save for disability expenses while maintaining eligibility for essential benefits, like Medicaid. Prior to the passage of the ABLE Act, individuals with disabilities would […]

ESG investing is both portfolio enhancing and life enhancing

Including ESG (environmental, social, and governance) factors into the investment process not only enhances returns over the long term, it also allows you to align your values and priorities with your investments. While historically, socially responsible investing meant the avoidance of “sin” stocks (alcohol, firearms, pornography), ESG investing allows you to focus on what you […]

Time Away

“The supply of time is totally inelastic. No matter how high the demand, the supply will not go up. There is no price for it and no marginal utility curve for it. Moreover, time is totally perishable and cannot be stored. Yesterday’s time is gone forever and will never come back. Time is, therefore, always […]

Vacations and a Return on Life

What are you willing to spend on vacations? Do you ever have sticker shock, or feel so guilty about the expense that you can’t fully enjoy the time away with family and friends? If so, you’re not alone. Many of us have heard the lectures about saving and investing so much, that spending money on […]

When Retirees Should Not Pay Off Their Mortgages

By Robyn A. Friedman Source: www.wsj.com Baby boomers are swelling the ranks of retirees, and more are carrying mortgage debt than in the past. But it doesn’t always make sense to pay off the debt. Many homeowners dream of hosting a “mortgage burning” party as they approach retirement. But paying off the mortgage isn’t always […]

When to Ignore the Crowd and Shun a Roth IRA

By Robyn A. Friedman Source: www.wsj.com The benefits of converting a traditional IRA to a Roth are many. But before doing so, savers should consider scenarios where they could lose the benefit of tax deferral without reaping more valuable tax-free benefits. Switching your traditional individual retirement account to a Roth IRA is often a terrific […]

The Money Value of Time

By Carolyn Gowen Source: thefinancialbodyguard.com “The supply of time is totally inelastic. No matter how high the demand, the supply will not go up. There is no price for it and no marginal utility curve for it. Moreover, time is totally perishable and cannot be stored. Yesterday’s time is gone forever and will never come […]