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Blog Posts

  • health-insurance

    Healthcare Reform Surprise: You May Be Able to Retire Early

    July 9, 2013
    Would you retire early if health insurance coverage was guaranteed? That was the question in my mind after reading a post from blogger Michael Kitces on how the rollout of health insurance exchanges could affect career and retirement decisions. If your answer to that question is yes, then you might ...
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  • trust-documents

    Do Trusts Still Matter?

    July 2, 2013
    In the last six months, two specific laws have changed the role of trusts in an estate plan. First, the fiscal cliff legislation made permanent the federal estate tax exclusion. You can now pass $5.25 million ($10.5 million per couple) to your heirs without estate tax. With that law, ...
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  • Puppies, Babies and Retirement: The Power of Letting Go

    July 1, 2013
    World, meet Jasper. This picture shows a cuddly, almost teddy-bear-looking, eight-week-old mini goldendoodle that, for the past 12 years, I have been telling my children they would never get. In the back of my mind, I always wondered if I would ever give in, so at some level I ...
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  • Summer Camp for Business Owners

    June 25, 2013
    Last week, I spoke at the Snow & Ice Management Association (SIMA) symposium, where I discussed how to diversify business wealth. Most business owners plow (pun intended) their profits back into the business rather than saving some money for a rainy day. This is especially true in industries like ...
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  • Paying for a College Education: You Need a Game Plan

    June 20, 2013
    On July 1, interest rates on government-subsidized student loans will double, from 3.4% to 6.8%, unless Congress acts to stop the increase. For someone who graduated from college this year with $10,000 in debt, that would add an additional $340 per year in interest. Of course, many people have ...
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  • Is $1 Million a Lot of Money?

    June 12, 2013
    Many people would say that $1 million is a lot of money. But is it really? That was the question posed last weekend in an article in the The New York Times, "For Retirees, a Million-Dollar Illusion." The article touched upon a number of points that suggest $1 million ...
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  • The Slippery Slope of Cognitive Function

    June 5, 2013
    As a financial advisor, I have learned to deal with many delicate situations over the years. Sometimes I have to tell someone they need to work longer versus retiring today. Sometimes I have to ask tough questions about whether they really should gift their children ...
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