Managing Your Financial Life Well: Things to Do and Things to Avoid (Part 2)

by Eve Kaplan, CFP(R) Professional Two months ago I wrote about key areas to help “Manage a Financial Life Well” in the face of the overwhelming volume of financial information and advice. Some examples I mentioned included having sufficient life/disability insurance, calculating how to best fund long-term care and how to make some smart investment decisions […]

What To Do When Family Members Need Financial Help

By Eve Kaplan, Certified Financial Planner ™ Welcome to the Sandwich Generation! You’re a member if you’re “sandwiched” between helping adult children and aging parents.  Americans see themselves are more “independent” and sometimes less family-oriented than some other cultures but you still may be on the hook to support adult children in their 20s, 30s and […]

Managing Your Financial Life Well: Things to Do and Things to Avoid

by Eve Kaplan, CFP(R) Professional It’s easy to feel overwhelmed by all the things you need to do to manage your life well – be it exercise, meditation, diet or making smart financial decisions. When confusion reigns, you may end up focusing on the trees instead of the “big-picture” forest.  How can you manage your financial […]

Big Changes in Social Security Headed Your Way

by Eve Kaplan, CFP(R) There are big changes in Social Security benefits headed your way. Congress surprised the financial advisory community in November 2015 by killing off two Social Security strategies many of us advisors utilized to maximize benefits for our married couple clients:  1) “file-and suspend” and 2) “restricted application.” Couples most affected by […]

Access the 3rd Dimension in Investing: Dimensional Fund Advisors

Which large mutual fund company is driven by Nobel prize-winning research? Hint: It’s not a household name but it’s the 8th largest company ($376 billion). Answer:  Dimensional Fund Advisors (“DFA” www.dfaus.com). Full disclosure: My clients are invested in Dimensional Fund Advisors mutual funds in my financial planning/investment practice. DFA provides me and my clients with […]

How To Bulk Up Your Retirement Dollars – in Good Times and Bad

By Eve Kaplan, CFP® During periods of market turmoil, focus on what you can control and avoid fighting what you can’t control. You can’t control markets but you can bulk up your retirement savings account.. Here are 10 way to boost your retirement accounts ( your 401k, 403b, IRAs  etc.), regardless of  poor investment “weather conditions” (viz., […]

When Your Parent’s Financial Problems Become Your Problems…

By Eve Kaplan, CFP® Professional What should you do when your parent or parents’ financial problems become your problems? We Americans are notoriously private about financial matters; it’s common for adult children and parents to share very little in the way of financial information. This kind of privacy can come back to bite us, however, […]