Category: Our Commentary

Medicare – What You Must Do Right Now

If you are on Medicare, it is that time of the year again!  It is time to review plans to ensure you are on the best plan and making changes could save you thousands of dollars.  Deadline for making changes for 2020:  Medicare open enrollment begins on October 15th and ends on December 7th. Options […]

Retirees: Avoid These 3 Common Mistakes

There is something very comforting about receiving paychecks.  What I’ve observed is that many workers are less concerned with the ups and downs of the stock and bond markets as long as they have the security of a steady paycheck.  All of that changes once they retire.  No more paycheck and the thought of a […]

Adjust Your Thinking About Retirement!

My partner, Stewart Welch, wrote an article recently about how retirement can be hazardous to your health, and how people should develop what he calls a “4th Quarter Plan.”  For most, developing this plan can be difficult as it is hard even to know where to begin.  My team deals with hundreds of client families […]

My Long-Term Care Premiums just increased 60% …what should I do?

Policyholders are getting notifications from Genworth and other Long-Term Care providers that their insurance premiums will be increasing by as much as 60%.  These are not new policies; these are policies that have been in force for more than a decade.  The question is often, “What am I to do?” First, let’s understand what got […]

Mortgage Rates Plunge…Opportunity?

As fears of a recession grow due primarily to trade-war concerns, home mortgage rates have followed the 10-year treasury rates down…to their lowest levels in three years.  Here’s a quick review of current rates (source: Freddie Mac 9/5/19): 30-year conventional mortgage: 3.49% 15-year conventional mortgage: 3.00% What’s even more surprising is that non-conventional ‘jumbo’ mortgage […]

Choose Your College Major Wisely

As students head back to college, many will be choosing their major.  When I attended college decades ago, I gave very little thought to my major course of study.  In fact, I was more guided by which was the easiest path to victory (a college diploma)!  For me, that ended up being a marketing major […]

Retirement May Be Hazardous to Your Health

I was with a retired physician friend not long ago and inquired, “How’s retirement life going?”  His response was, “Stewart, never quit a high-paying job you love!”  he was bored and having trouble filling the void left by a forty-plus year fulfilling career. For the past thirty-plus years, I’ve worked with hundreds of people helping […]

Child Headed To College? Think About This!

Sending your child off to college is…well, a huge deal!  They are beginning the next phase of their life as they transition from adolescence to young adulthood.  As parents, we often hold onto that image of our young child and fail to think of them in adult terms.  Doing so can cause us to miss […]

The New Parent Financial Checklist!

Becoming a parent is an exhilarating experience, but also comes with a great deal of responsibility!  On August 2, 2019, my wife and I welcomed our second child, Jones Carson Clay, to the world, and we feel very blessed.  Between helping my wife with various tasks, including diaper changes, feedings, cleaning clothes, etc., my financial […]

$125 for 5 Minutes of Your Time?

In 2017 hackers stole personal data for more than 147 million people from Equifax.  Nearly ½ of all Americans were affected by the breach. As part of the settlement with the Federal Trade Commission, everyone whose data was stolen can get ten years of credit monitoring or up to $125.The payout could be as much […]