New Jersey Tax Reform will Change the Landscape for Retirees and Business Owners
Recent Legislation passed and signed into law the most significant NJ tax changes in over a decade. Most importantly, it begins to change our state’s reputation as one of the most tax unfriendly states in the country, particularly for retirees…
3Q 2016: Quarterly Investment Letter
What Creepy-Crawlies Have in Common With the Economy Fun fact: There are approximately 8,000 species of centipedes and none of them have exactly 100 legs. Most have somewhere between 15 and 177 pairs of legs. (Who knew?) With all those…
More Than Home Healthcare: ‘CCRC Without Walls’ Option Debuts
As seniors consider both healthcare and housing decisions in retirement, their options typically extend to polar opposites. They think of either “staying at home” or “moving to a community.” In response to seniors’ growing desire to remain in their homes,…
Winning the Investment ‘Heptathlon’: Lessons from Dan, Dave and 1992
One of my most vivid memories of the Olympics as a youngster was watching the 1992 decathlon at the Barcelona games. For those who may not remember, a brief recap: Dan O’Brien was thought to be the best decathlete on…
What Your Nonprofit Should Know About Impact Investing
A common thread that tends to bind together nonprofits and those who serve them is the desire to have a positive impact on our society. Perhaps now - more than any time in the past - that positive influence doesn't…
A New Way to Receive Donations: IRA Distributions to Charity
In an early-2015 blog, we talked about the option of making gifts to charity directly from an Individual Retirement Account (IRA) to satisfy one's Required Minimum Distribution (RMD). This strategy is known as Qualified Charitable Distributions (QCDs). Until the Protecting…
Legislation Aims to Shorten Wait for Life Plan Community Refunds
Many life plan communities (also known as continuing care retirement communities, or CCRCs) offer residents contracts that provide partial refunds of their entry fees. These refunds typically range from 50 to 90% of the significant lump sum new residents are…
Goldilocks and the ‘Just Right’ Probability of Retirement-Planning Success
You undoubtedly remember the fairytale of “Goldilocks and the Three Bears.” In the story, a precocious young trespasser lets herself into a bear family’s home while they’re away. She proceeds to test out their food, chairs and beds—always in search…
Inherit a 401(k)? Make Sure to Check for Company Stock Holdings
If you happen to inherit a 401(k), generally the best option is the roll the assets over into an Inherited IRA and take distributions over your lifetime. However, before doing so, you might want to take a closer look at…
How Do You Know if You’re Saving Enough for Retirement?
When it comes to retirement planning, I like to say that 90% of it is psychological and the other half is math. Yes, that’s a nod to the brilliant, recently passed Yogi Berra. A solid retirement plan definitely requires both psychology…
