Reading Time: 3 minutesPsychiatrists and other mental health professionals tend to have mixed sentiments about retiring. While they would love to have more time to spend outside of work, many still love their jobs. Here are our tips for what a psychiatrist should do ten years out of retirement to take a step back gradually while still enjoying […]
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Reading Time: 3 minutesOne of the frequent questions we get from clients is, “I don’t know if I have a trust, or not.” Here are three easy ways to find out. But before we get into it… We are financial advisors in Morristown, NJ, providing financial advice for New Jersey residents as well as folks across the country. Before
Help – I’m confused! Do I have a trust, or not? Read More »
Reading Time: 3 minutesTaking a vacation is exciting, but how do you manage it so that it goes smoothly financially? There are certain risks that may rear their ugly heads and are best to nip in the bud. Here are some tips for traveling internationally that will help you avoid money mistakes and the stress that comes with
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Reading Time: < 1 minuteWith the market setting records so far this year, it’s left many wondering what the outlook should be for the rest of the year. While the market can never be predicted with accuracy, here is how Wall Street sees it. Analysts, overall, envision the median price target for the S&P 500 as 5,200, according to MarketWatch (2024).
2024 Market Update – will it go higher? Read More »
Reading Time: < 1 minuteAs the market has been more or less buoyant this year, investors are asking, “Is it smooth sailing yet?” We are not out of the woods despite many positive signs. Here are the economic developments that may be coming into play in the next months. Policymaker actions are entirely hypothetical until they happen. The best
Are rate cuts on the horizon? Read More »
Reading Time: 4 minutesCreating an estate plan ranks low on the list of people’s favorite past times. But with a good understanding, the process can be made much simpler. In this blog we’ll talk about what an estate plan is, what goes into making one, and why having a will does not satisfy this need. But before we
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Reading Time: 3 minutesWe’ve seen a lot of people file their tax returns – and a lot of the snafus that they make. Here are some of the things you want to avoid doing as you file your 2023 tax return. But before we get into it… We are financial advisors in Morristown, NJ, providing financial advice for New
Filing your 2023 Tax Return: Traps to Avoid! Read More »
Reading Time: 2 minutesLately we’ve gotten a few questions about what to do with the cash now that the CDs from last year are maturing. As CD rates have gone down, people are wondering what the next best option is. Here are some ideas. Please note, none of this may be interpreted as a recommendation specific to any
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Reading Time: 2 minutesIn this video we talk about retirement account contribution amount changes for 2024. But before we get into it, we are financial planners in Morristown, New Jersey. Although nothing in this article may be interpreted as tax or legal advice (ask your CPA or legal advisor for such guidance), we’ve written other blogs on financial
Retirement Account Contribution Amounts – 2024 changes! Read More »
Reading Time: 3 minutesHow to save for your child’s college education isn’t as straightforward a choice as would appear. In this blog, we’re going to discuss the decision factors you should consider regarding UTMA vs. 529 accounts if you are considering converting. Before we get started, you may want to check out other New Jersey finance blogs we’ve
Does it make sense to convert – UTMA vs. 529 Read More »
