Which is Best: Lump Sum or Pension Annuity?

by Eve Kaplan, Certified Financial Planner(TM) Is a lump sum offer from an employer a better choice than a pension annuity for life? The former provides an immediate up-front amount (say $300,000), but the pension annuity gives you a stream of payments for life (example: $1,350 per month). A number of employers dangle a lump […]

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 […]

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 […]

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 […]

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, […]

Five Easy Pieces of Financial Advice for Baby Boomers

by Eve Kaplan, CFP(R) Professional Here are “Five Easy Pieces”* of advice to improve your Baby Boomer financial life. By “easy,” I mean “the vast beneficial outcome is worth the initial effort.” You’re a Baby Boomer if you were born between 1946 (you’re now 69 or 70) and 1964 (you’re now 51 or 52). The […]

Why I Became a Fee-Only Financial Planner

by Eve Kaplan, CFP(R) Professional Why does someone become a financial planner? Why did I?  Decades ago I thought I was headed toward a career in academia but l made a conscious decision to build a career in investment management and financial advice-giving instead. And I’ve never regretted this decision. Here’s a brief tour of […]

The Top 11 Investment Pitfalls You – or Your Advisor – Often Commit

By Eve Kaplan, CFP® Here are the top 11 investment pitfalls I often see individuals AND advisors committing. (note: I’ll be discussing these in detail at a complimentary lecture at the Bernards Township Library on Thursday April 30, 7-8:30 pm; please call Lynne Hilf at 908-204-3031 x4 for more information). If you’re a “do it […]