At 32, Sarah and Michael had achieved their dream: successful careers, a charming new home, a healthy toddler, and a bright future ahead. Yet, an unforeseen event was about to change their lives when...

Uncovering the retirement withdrawal iceberg and exploring whether it's better to draw from your 401(k) first or Social Security.

New York is known for its lively culture, world-class dining, and some of the highest costs in the country. This reality doesn't just affect everyday expenses — it even extends into long-term care costs, which can often surprise high-net-worth individuals. The Empire State's reputation for luxury and high living standards carries over into its healthcare and senior care facilities, making it one of the nation’s most expensive states for long-term care.

With the start of a new year comes bonus season—a time to celebrate the fruits of last year’s hard work and embrace fresh opportunities. There's something exhilarating about seeing that bonus hit your account. It's a reminder of your accomplishments and a chance to make some strategic moves for the future.

January 1st rolls around, and suddenly everyone becomes a self-improvement guru. Gym memberships spike, productivity apps get downloaded en masse, and social media fills up with declarations of transformative change. But here's a controversial take: New Year's resolutions might be holding you back from real success.

Welcome to the sandwich generation—where you’re squeezed between raising your own family and caring for aging parents. With life expectancies rising and families having children later in life, these overlapping caregiving roles are becoming more common.

With the holiday season in full swing and the holidays just around the corner, now is the perfect time to talk to your spouse about money. Between buying gifts for nieces, nephews, and other family members, hosting holiday dinners, and planning seasonal travel, financial stress can creep in quickly. The key to navigating this busy (and often expensive) time of year is clear communication.

Ah, the high-earner life—shouldn’t it feel different? More luxurious? Yet, many people who earn more than $250,000 feel strangely stretched. And it’s not just you; it’s real. From lifestyle creep to hefty taxes, that six or seven-figure income can dwindle in surprising ways.

As a financial planner in the heart of New York, I've noticed something interesting. While everyone rushes to make their charitable giving decisions in December, the beginning of the year presents a unique opportunity to align your wealth with your values.

Restricted Stock Units (RSUs) can be both a blessing and a burden. They represent the hard work you've put into your career but also tie a significant portion of your wealth to a single company—which can feel risky. So, how do you strike the perfect balance between benefiting from your company's growth while securing your financial future?

The stock market has experienced a significant amount of volatility over the past year, leaving investors and clients uncertain about their investment decisions. Several factors including concerns over inflation, rising interest rates, and policy decisions by central banks have contributed to the market's volatility...

As we start 2024, the market's trajectory remains hazy, with both positive and negative factors in play. Let's dissect the potential upsides and downsides before charting a course for the year...

As inflation started to surge in 2021 and 2022, investors started to put money into I bonds for a sense of safety from the volatile markets and to earn a higher yield than treasuries. While inflation soared, the fed funds rate remained largely flat. It made sense to keep money in I Bonds as you were getting a much higher risk-free return. Now that inflation and the fed rates have inverted, investors can generate better...

What’s inside; This series is meant to help investors understand what they own by taking a look at the underlying assets of an ETF or mutual fund. We start the series with the world’s largest ETF by assets under management, SPY...

In today’s rapidly changing healthcare landscape, it has become increasingly important for individuals to take charge of their medical expenses. One valuable tool is the Health Savings Account (HSA). With its numerous benefits and potential for long-term savings, an HSA can provide an opportunity to grow your total healthcare dollars well into your retirement, saving on taxes now and well into the future.

Last year, I met with new clients to assess their financial concerns. They had begun analyzing their taxes and were confused as to why they owed so much because their previous predictions about how much money they would owe in taxes were spot on. After doing some research together, we discovered that they had large mutual fund distributions in one of their brokerage accounts held with another...

At some point in our lives, we all face the moment of bidding farewell to a family member or friend. If you had a close relationship with the deceased, you might find that they have bequeathed something to you in their last will and testament. However, before you can officially take possession of the assets, there is one more concern to address: the inheritance tax on your newly acquired assets.

On January 1, 2026, current estate tax exemptions are scheduled to expire and return to 2017 levels — about half the levels they’re currently at. For high-net-worth and ultra-high-net-worth estates, this means estate planning is that much more critical, as there are essentially only two ways to lock in the higher exemptions: dying or making a permanent gift of assets before January 1, 2026.

In today's world, philanthropy and charitable giving have become increasingly important to many individuals and families. Whether you want to support a specific cause, make a positive impact on your community, or leave a lasting legacy, there are various ways to give back. One powerful tool that's gaining popularity is the Donor-Advised Fund (DAF). In this blog, we'll explore what a Donor-Advised...