When you buy life insurance, there are essentially two types: term and permanent. Term life insurance is very simple. You pay a (typically) small premium for financial protection that lasts a specific amount of time, typically 10-30 years. It is pure insurance. The only potential benefit is the payout upon death. And in my opinion, […]Read more
As the year starts, this is the time where you focusing on what should be done for the next 12 months and how these steps align with the financial planning process and goals. As you know, a new year comes this expectation that we have ‘resolutions’. This means in our quest to start anew, we […]Read more
If you’re in the market for a financial advisor, you might come across people with titles as confusing as “certified retirement plan consultant”,“chartered college planning specialist” or “retirement management analyst.” After all, financial advisors depend on convincing clients of their reputation. As a result, there are over 50 different job titles to describe people who […]Read more
You’ve got an unconscious program running in the deepest recesses of your brain that’s telling you what to think, feel, and do with money. Very few people control it or know how to harness it to achieve their goals. (In a moment, I’ll tell you how you can.) People think financial advice is all about […]Read more
The more you know about how advisors get paid—and how that can affect their advice—the better. How does your financial advisor get paid? The answer may have a direct impact on your portfolio’s performance over time. The type of compensation your advisor receives can affect the advice they give and the products that they recommend. […]Read more
As you get older, busier and hopefully wealthier, your financial goals get more complicated. A financial helper can save you time. Like every service provider, a financial advisor is paid for doing their job. However, they don’t all get paid the same way. A fee-only advisor is paid directly by the client on a transparent […]Read more
Shore 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.