Here’s to Your Wealth

August 6, 2018 | Mark Avallone, MBA, CFP®, CRPS®

Why College Students Should Know the Cost of a College Education

With indications that current college students will need to accumulate well over one million dollars simply to remain in the middle class during their later years, pursuing financial freedom from an early age makes eminent sense. However, many teens or twenty-somethings tune out around talk about investing for retirement. Framing investment conversations that college students […]

Read more

June 29, 2018 | Mark Avallone, MBA, CFP®, CRPS®

Why Target Date Funds Dominate The 401(k) Market

A Target Date Fund (TDF) combines a variety of investment strategies into one mutual fund. The concept is that investors, based on their target date of retirement, can simply select one mutual fund that will be managed for them during their entire life. This is because the asset allocation and investments inside the TDF will […]

Read more

June 14, 2018 | Mark Avallone, MBA, CFP®, CRPS®

Millennials Could Give This Financial Gift To Dad For Father’s Day

This year for Father’s Day, instead of another golf shirt, a gift card, or the ever popular power tool, if your dad doesn’t already have a written financial plan, consider giving him one. The millennial generation is poised to be the next “sandwich generation,” providing for their children while also having to care for elderly […]

Read more

May 2, 2018 | Mark Avallone, MBA, CFP®, CRPS®

The Most Important Question To Ask When Buying Whole Life Insurance

You may have heard the expression, “Buy ‘term’ and invest the difference.” While this axiom makes sense for many, there are times when whole life insurance is appropriate. It may sound odd, but a good question to ask is this: “Do I want to have life insurance when I die?” If you answer yes, then […]

Read more

April 10, 2018 | Mark Avallone, MBA, CFP®, CRPS®

5 Tax Tips For Millennials – And Others Who Want Lower Taxes

As the tax-filing deadline nears, many people are looking for legitimate ways to lower their tax bills. While the government doesn’t make it easy, I can offer a few tips—especially for younger workers—that can help reduce that tax amount payable to Uncle Sam. 1 – Fully participate in any company-sponsored retirement plan. Whether it’s a […]

Read more

April 5, 2018 | Mark Avallone, MBA, CFP®, CRPS®

April Is Financial Literacy Month – Why Financial Wellness Matters

April is Financial Literacy Month and a great time to focus on financial education. A lack of financial preparedness has huge societal costs, and in the coming years as Americans age, these costs will likely increase. There are daunting challenges facing not only the poor but also the working middle class. In the face of […]

Read more

March 22, 2018 | Mark Avallone, MBA, CFP®, CRPS®

Rent Versus Buy: How Tax Reform Adds To The Decision

Historically, or at least before the housing crash of 2008, home ownership was considered to be a sure way of increasing your net worth. America’s post World War II economy had a reasonably steady level of growth, and population increases and demand for housing supported a rise in prices. In addition, fiscal policy favored home […]

Read more

February 14, 2018 | Mark Avallone, MBA, CFP®, CRPS®

This Valentine’s Day, You Can Gift Like Kanye

Over the Christmas holiday, Kanye West made headlines by gifting his wife, Kim Kardashian, hundreds of thousands of dollars’ worth of stock in major companies including Netflix, Apple, Adidas, Amazon, and Disney. I am not sure that Kim needed the extra money, but it reminds us that gifting stock is another way to show a loved one […]

Read more

February 8, 2018 | Mark Avallone, MBA, CFP®, CRPS®

How Tax Reform Impacts Your Traditional 401(k) Or Roth 401(k) Decision

The recently-passed Tax Cut and Jobs Act of 2017 challenges us to reconsider how we save for retirement. Saving for retirement is smart. This is especially true when you work for a company that matches your contribution into your retirement account. The Tax Act doesn’t change that, but it may impact which type of account […]

Read more

January 24, 2018 | Mark Avallone, MBA, CFP®, CRPS®

How Tax Reform May Impact Near-Retirees And Retirees

The Tax Cut and Jobs Act of 2017 lowers income-tax rates for all tax brackets, especially for high earners, and raises the estate-tax exemption—both of these changes benefit the wealthiest Americans. While the wealthy are clear winners, the vast majority of Americans will pay the same or less in taxes for more than one reason. […]

Read more

Engage us on Facebook

Follow us on Twitter