PART 2 – Analyzing The Investment Options a Financial Salesperson has Chosen For YOU (DO IT YOURSELF OPTIONS) if you missed read PART 1 NOT ALL RETIREMENT PLANS ARE EQUAL My assessment of the WJBarnabas Health Retirement Savings Plan is that this plan best serves the person/firm that sold this plan than to its participants. […]
Read morePART 1 (TARGET DATE FUND INVESTMENT OPTIONS) My analysis of the RWJBarnabas Health Retirement Savings Plan I am committed to serving those to help others. One small way I can give back to our medical community is providing an objective look at the retirement plans that are healthcare heroes are offered. Retirement plans (401k & […]
Read moreIn light of all the insanity that COVID has inflicted on our medical community you would think that Wall Street would lend a helping hand… As the Federal Reserve bails out the financial industry, the BIG BANKSTERS continue LEGALLY STEAL from hardworking medical professionals. What do I mean by LEGALLY STEAL. Simple. They force bad […]
Read moreIn every crisis, good people do great things and bad people, well, they do some really, really bad things. This letter is about protecting yourself from the bad people. Never in my career have I seen so many scams in motion all at once. Crooks tend to step up their game in times of crisis. […]
Read moreFirst Plan, Then Invest Your financial plan is primary and dictates every part of your financial life, including investments. The plan tells us your goals, your current resources, your expected future resources, and your cash needs. From this basis, and only this basis, can we start making investment decisions. Before investing one cent in the […]
Read more#1 – START FROM THE END Stephen Covey, author of The Seven Habits of Highly Effective People, often stresses the importance of beginning any project with the end in mind. What does this mean for you, as someone who wants to ensure a safe and secure financial future? It means that you should start by […]
Read moreSave Early “When should I start saving for retirement?” That’s a question I hear frequently, and my answer is always the same: TODAY!!! Regardless of how old you are, the best time to start saving is now. Concerned that you can’t afford to save? Sometimes people feel that it is not worth saving anything if […]
Read moreSTEP #1 START WITH THE END IN MIND Stephen Covey, author of The Seven Habits of Highly Effective People, often stresses the importance of beginning any project with the end in mind. What does this mean for you, as someone who wants to ensure a safe and secure financial future? It means that you should […]
Read moreTHREE Character Flaws That WILL HURT YOU – Ignorance, Incompetence or Incentives. 1. Ignorance- It is possible that they just didn’t know how to analyze your situation holistically/comprehensively. 2. Incompetence – It is also possible that they did not have the right resources or if they did how to apply those resources the right way. […]
Read moreHow can you turn this to your advantage? My advice is to think in terms of half steps. If you are considering actions such as taking risk out of your portfolio, or maybe adding it, rebalancing, making gifts for estate planning or completing a Roth conversion, these are all good ideas, but don’t jump in […]
Read moreShore Financial Planning is a fee-only financial advisor based in Monmouth Beach, New Jersey. As a fee-only/commission-free/flat-fee financial planner, I do not sell products or collect commissions. I am a fiduciary financial planner that specializes in tax-focused planning as a CERTIFIED PUBLIC ACCOUNTANT (CPA), and CERTIFIED FINANCIAL PLANNER™ CFP® professional. I serve clients in New Jersey and remotely throughout the U.S.A.