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Market Commentary

Weekly Market Commentary March 26, 2018

A sharp selloff in the last part of the week caused the S&P 500 to post its worst weekly loss since early 2016. The S&P 500 dropped just less than 6%. The global MSCI ACWI slid 4.4%, and the Bloomberg BarCap Aggregate Bond Index was basically unchanged. Year-to-date, the S&P 500 is down 3.2%.

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How Much Do I Need to Retire?

Most people plan to leave the workforce at some point in their life.  While some have a desire to maintain a sense of purpose by working well into their seventies, we more often find ourselves helping people plan for an earlier departure. Achieving financial freedom, or the ability to work because one wants to and not because one needs to, takes time and thoughtful retirement planning.  Read more

Blog

How Much Do I Need to Retire?

Most people plan to leave the workforce at some point in their life.  While some have a desire to maintain a sense of purpose by working well into their seventies, we more often find ourselves helping people plan for an earlier departure. Achieving financial freedom, or the ability to work because one wants to and not because one needs to, takes time and thoughtful retirement planning.  Read more

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Blog

College Funding Aid:7 EFC Myths Debunked

By: Matthew M. Glatt, CPA, CFP®

The world of paying for college is an alphabet soup of abbreviations. The most important one for you to know and understand is the EFC. EFC stands for “expected family contribution.” Knowing yours is key to making decisions about finding a college your family can afford.

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Market Commentary

Weekly Market Commentary March 19, 2018

The S&P 500 slid 1.2% on increased concerns about political risk. The global MSCI ACWI dropped 0.6%, and the Bloomberg BarCap Aggregate Bond Index edged 0.2% higher. The S&P 500 is up 2.9% so far this year.

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Market Commentary

Weekly Market Commentary March 12, 2018

Stock markets returned to their winning ways last week after falling the previous week. The S&P 500 soared 3.5%. The global MSCI ACWI rose 2.8%, and the Bloomberg BarCap Aggregate Bond Index edged 0.1% lower. The moves higher in the S&P 500 and MSCI ACWI were both large enough to overcome last week’s losses.

Stock prices fell on the announced resignation of President Trump’s economic advisor, Gary Cohn, a free-trade advocate in the administration. However, after the Trump administration indicated allies may receive exemptions from recent tariffs, the potential flexibility reassured markets, and the job numbers announced at the end of the week propelled them to a very strong finish.

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College Funding Nightmares:   8 Mistakes That Keep Parents Up At Night

By:  Matthew M Glatt, CPA, CFP®

Does the thought of paying for college keep you up at night? College cost can be scary stuff. It can cause parental nightmares. We’ve collected some of the biggest mistakes families can make that can cause financial struggles. Let’s try to turn those nightmares into sweet dreams. Read more

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Life’s Tradeoff Decisions: 4 Areas to Consider When Managing Your Money

You are working hard to make money for yourself and your family, so you are probably already well aware of the fact that each dollar you spend or save has consequences further down the line. Yes, decisions you make in your 20s can affect your retirement 40 years later, and yes, that expensive family vacation may eat into a college fund for the kids. It’s a continual balancing act, and if you feel that you are struggling, you are not alone. It can be very hard to see the big picture when it comes to money.

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How to Reduce Financial Stress When Planning for Retirement

By Matthew M. Glatt, CPA – Founder and CEO of FLP Financial Group, LLC

You’ve probably seen commercials or read advertisements featuring grave warnings about the possibility of outliving your retirement funds. These ads make it sound like your future depends on calling the 800 number at the bottom of the screen, and if you ignore it, you do so at your own peril. Seems a little intense and scary, right? That’s because fear and a sense of urgency are two states of mind that lead to sales and profits for the company being advertised.

It’s no secret that as a financial advisor, I also see the importance of solid retirement planning. What I don’t see is how stressing you out will help your situation in any way.

Whenever I speak with a client who seems scared, stressed, or completely overwhelmed by the prospect of retirement planning, my number one priority is removing those negative emotions from the situation. The truth is, obsessing and worrying about your retirement is not going to get you more mileage out of your money– but a systematic approach to saving and planning will.

Here are your four steps to stress-free retirement planning.

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Examples of Bad Spending Habits That Can Kill Your Retirement

Consumerism has been a growing part of the American culture for decades, and it doesn’t show any signs of slowing down. Whether we are using our phones, watching TV, or browsing social media, there are brands all around us asking us to buy. Resisting the impulse to spend can be very difficult. After all, we are being re-targeted by marketers daily. It seems as though we can’t browse the internet without your favorite brand popping up in an ad. Marketers are smart. They know what makes people want to buy.

But, spending now without full clarity of your financial situation can have damaging effects to how you save for later.

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