12/1/14 – Hit the Roth, Jack

A friend of mine (let’s call him Jack) recently stated that since I'm constantly bloviating about Medicare surcharges, I should explain how he might be impacted when he retires. "Help me understand how this ‘savings trap’ will affect me and give it to me straight," he said solemnly. "I wouldn't have it any other way," [...]

By | 2014-12-02T20:18:13+00:00 December 2nd, 2014|Client Conversations|0 Comments

10/30/14 – Rollercoasters

A new experience for me was taking my family to opening night of the local fair. In case you were wondering, the fair allows visitors to enjoy an up close experience with farm animals and their respective odors. We stood in long lines to see pigs, cows, sheep, chickens, and Clydesdales. They even had pig [...]

By | 2014-12-02T20:14:24+00:00 December 2nd, 2014|Client Conversations|0 Comments

9/30/14 – Underneath It All

Underneath it all, sometimes we take things for granted. The other day a friend stopped by the house to chat with my wife and me before I headed off to the office. We talked, laughed, gossiped a bit, and then I looked at my watch. A little late for my meeting! I grabbed my briefcase, [...]

By | 2014-12-02T20:11:10+00:00 December 2nd, 2014|Client Conversations|0 Comments

8/5/14 – Longevity Insurance

On July 1st, the US Treasury Department gave the green light for savers to convert part of their 401(k) or IRA balances into a longevity annuity. Longevity Insurance (QLAC) is a type of deferred income annuity typically designed to begin paying an income stream once the annuitant (you) lives past 80 or 85. Basically, QLAC [...]

By | 2014-08-05T20:23:24+00:00 August 5th, 2014|Client Conversations|0 Comments

7/29/14 – Honey

Why do some of us refer to our partners (usually not a business partner) as "honey?" Similar terms of endearment include “dear,” “darling,” “sugar,” “babe,” “love,” “precious,” “sweetie,” “cutie,” “hey,” and “hey you.” I've been called "dear" in my past by an old librarian, but for the most part it's been “hey,” “hey you,” and [...]

By | 2014-07-29T15:44:56+00:00 July 29th, 2014|Client Conversations|0 Comments

1/22/14 – Correlation and Furniture

I had an interesting learning experience this past week. It all began a little over a month ago when my dear wife, decided that our living room needed updating, so she invited a friend over (who also happened to be an interior decorator).  I’m sure you can guess where this is going… The decorator came [...]

By | 2014-01-22T18:07:00+00:00 January 22nd, 2014|Client Conversations|0 Comments

8/1/13 – Saratoga

For 150 years, dolled-up ladies and sharp-dressed gents have celebrated a slice of Americana and flocked to Saratoga racecourse in upstate New York to watch some of the greatest athletes in the world compete for millions of dollars in prize money. Not a bad place to be on a warm summer day. Now from an [...]

By | 2013-08-01T19:39:42+00:00 August 1st, 2013|Client Conversations|0 Comments

Fill The Gap

I have been asked numerous times by people transitioning into retirement: “Why purchase anything more than Medicare parts A and B?”  The underlying philosophy behind this approach is why pay for unnecessary insurance when I am healthy.  I respond by asking, “Do you own life insurance, disability insurance, property and casualty insurance, and an umbrella [...]

By | 2013-08-01T19:38:19+00:00 August 1st, 2013|Client Conversations|0 Comments

My Friend Married and Older Man

By Ron Mastrogiovanni (7/1/13) An acquaintance of mine recently informed me that her husband was retiring.  Considering that she is only 40, I found this pretty surprising.  Apparently, this gentleman is blessed with the same magic that I am and was able to entice a lovely young woman two decades his junior to fall in [...]

By | 2013-07-05T16:08:10+00:00 July 5th, 2013|Client Conversations|0 Comments

El Derecho

Many friends, colleagues, and clients have been asking me about the increased volatility in the markets and possible Fed tampering.  Instead of getting caught up in the excitement, here are a few thoughts. Look at cash flow.  Last earnings season saw S&P revenues increase 1% and bottomed line profits increased by 5%: certainly a positive [...]

By | 2013-06-17T19:30:36+00:00 June 17th, 2013|Client Conversations|0 Comments