Good News Millennials, I have good news for you! Studies are showing that we are better at tracking expenses and sticking to a budget than Baby Boomers. This is what I like to hear. More of you are saving for your future which I think can be attributed to an improving job environment and strong entrepreneurial[…]
Target-date funds is a phrase you may come across when looking at investment options in a 401(k), 403(b) or other type of defined contribution retirement plan. The media loves to talk about them as well. In fact, according to Morningstar, there is over $750 billion invested in target-date funds. But do you know what a[…]
I know this question isn’t probably top of mind for Millennials. Do you even know what “financial independence” means or looks like for you? Let me give you an idea. Financial independence is the new term for retirement because for many of us, it doesn’t mean playing bridge or golfing every day in sunny Florida.[…]
Greetings, readers. The air has become crisper and the temperature milder here in the Big Apple. With the summer officially behind us, I expect the fourth quarter to be very exciting, both personally and professionally. But tonight, let’s keep it professional. On Monday morning (9/28), you can catch me on Good Morning America in the[…]
It’s great to see that millennials are increasing their retirement savings. When CNBC asked me if I was shocked that the percentage of millennials making contributions to their IRA was 26% higher in the first quarter of 2015 than during the same period a year ago, how could I say I wasn’t? Even though I was[…]
The press train keep moving along with a great feature on CNBC.com. This week I chime in on retirement savings. I always hear the debate about which form of retirement savings is best. Is it Traditional or Roth? Now, before anyone gets strong feelings about either one (that’s right calm down people) let’s recognize that[…]
This past (rainy) Saturday morning, I started my day by delivering a seminar on Smart Social Security Strategies (say that five times fast) at the New York Public Library’s Science Industry and Business Library on Madison Ave. in mid-town NYC, sponsored by the Financial Planning Association of New York. With so much of my attention going to #millennials these days,[…]