Millennial Financial Planning – Helping Millennials with their personal finances. Certified Financial Planner for Wealth Management and Protection Planning. (212) 279-9121
Years ago, my older brother, living in Minneapolis, asked me to walk into the Peloton studio in downtown Manhattan to do some reconnaissance on this fancy bike. After checking out the latest that fitness technology had to offer, I knew it wouldn’t take long for him – an avid cycler and tech junkie – to[…]
Do you think your financial health is good shape? Or are you worried about something? It’s ok to feel nervous about finances. Most people do because they don’t know what there are reading or hearing about. There is a lack of financial literacy among all generations, not just Millennials that keeps everyone on edge about[…]
One of the most important things you can do for your financial life is to set goals. For many, this can be difficult because most of us have multiple financial goals in life. Some common ones I see are retirement, buying a house and paying down debt. It can be tough to figure out what[…]
A lot of this blog is focused on issues that Millennials themselves are facing, but this week I want to share some thoughts for my Boomers. (Millennials, this is a good post to send to your parents if they are nearing retirement). If you are already retired or nearing retirement, the choice of where to[…]
Did you know that this week is National Retirement Security Week? Now before you go all whatever, Douglas, I’ve got this, let’s take a short quiz: How much do you have saved for retirement? How are you saving it? Is it in a 401(k), IRA, Roth IRA, SEP, SIMPLE IRA? Do you even know what[…]
As Millennial parents, many of us spend a lot of time planning for a baby and then for the expense of raising a child. But, what about once that child grows up? Is there something you can do as a parent to help save for college, their future retirement or just a little something extra?[…]
For those Millennials (and Baby Boomers- don’t think you’re off the hook!) who own and home or have a family, estate planning is something you absolutely must do. I see so many people avoiding it because they don’t want to have those what-if conversations with their partner or they don’t want to pay an attorney.[…]
For many Millennials, personal finance is a complicated area. There was never a class in high school, college or even business school that taught everything you need to know about personal finance. And there are people on TV yelling at you with recommendations for what to buy or sell, but that’s not what it’s really[…]
Today, the average college graduate leaves school with more than $36,000 in loans and many Millennials are being held back from achieving their goals because of debt from their college education. And don’t think our goals are just buying avocado toast or tickets to Coachella. No. We have real goals. Big goals like starting a[…]
Welcome to part 2 of our back to basics of financial planning series. Now that you know how to become a master of cash flow, the next step you may want to ask is where should I invest the money that is left over in my budget? That is the wrong question! Yes, investing can[…]