Cautious Investor

By Paulette C. Pasquale CFP® A second home can be a place where multiple generations can come together and celebrate or a getaway home for a change of scenery.  It can be a fitting perk that complements your retirement lifestyle.  The obvious costs are easy to compute, but so are the hidden costs if they…

By Paulette C. Pasquale,CFP® During these past six months, our lives have been impacted in many ways, some enlightening, some disturbing, and many in between.  For some, it is causing them to consider retirement sooner rather than later.  Perhaps your job has been eliminated, or perhaps you are concerned about your health with returning to…

During this time of being at home more, now is your chance to finish that project we all put off for later – estate planning. Getting your estate planning documents organized will ensure that your loved ones are protected and that your wishes will be met. You never know what tomorrow might bring. In this…

When the market is tumultuous – like it’s been with the coronavirus – it’s easy to get caught up in the frenzy. However, seasoned investors know to find the positive of every situation. Yes, we’re in a bear market, but opportunities may present themselves. One option for investors to capitalize on a downturn is tax-loss…

What is it and why do it? Succession planning is a proactive, strategic approach that allows an owner to exit their business on their own terms. Not all businesses are created equal, and one of the more common misconceptions we’ve seen business owners have is related to the time frame it takes to walk away…

A Health Savings Account, more commonly referred to by its abbreviation HSA, is a type of savings account that allows you to set money aside for qualified medical expenses and reduce your taxable income. Not everyone is eligible to have an HSA (not everyone should) and it does come with some caveats. In order to…

As the world relies more on technology with every passing day, the continued emergence of cyber threats and identity theft can be felt by most Americans.  Despite the number of fraud incidents decreasing in 2018 relative to 2017, 3.3 million people were responsible for some of the liability of the fraud committed against them, up…

In December 2019, Congress passed the SECURE Act which brings significant changes to planning for the distribution of retirement assets after death.  Lifetime minimum distribution rules are pretty much left alone, with the only change being a delay in the starting point for required minimum distributions to age 72, from age 70½. The most notable change…

Starting off the New Year right while still enjoying the holiday spirit makes it a good time to think about charitable donations. For those 70.5 or older who must take their Required Minimum Distributions (RMD’s) from their IRA’s, thinking about charities close to your heart may be a good alternative to incurring the tax bill…