Don't read this! It's summer. Your brain would prefer it if you just stop reading. This is why you need to unplug instead. Consider this: Your mental health is as important as your personal bottom line. Let's face it. Without a clear brain and good mental health, how important is it really if you have a fat bottom line? But you’re reading this, aren’t you? Well, thanks, but here are some ... Read More
Blog
Don’t Let Your Money Take a Vacation
It’s summer. But don’t let your money take a vacation. During summer the last thing you want to think about are your finances. It’s more fun to think about beaches, BBQs, and hammocking. Yes, hammocking. But while you may be relaxing in summer-mode, make sure your money is still working hard. Although it's summer, don't let your money take a vacation. And since we’re just over the mid-year ... Read More
Is Monthly Income from Divorce Taxable?
As part of my divorce planning practice, I often work with clients to help them chart out their cash flows and projected tax issues to help reduce surprises. Sometimes folks can be confused about what is taxable income. A common question: Is monthly income from divorce taxable? In one case, a woman asked if the monthly benefit she received from her ex-spouse’s military pension was taxable since ... Read More
Avoid Costly Mistakes When Buying Real Estate in Retirement
You're ready to retire and tackle your bucket list. On your list is buying that dream home in retirement. But how do you pay for it? You should avoid these costly mistakes when buying real estate in retirement. Whether you want to buy your dream home by the lake or the ocean of somewhere more exotic, you're probably wondering how to make this dream a reality so you can cross it off your ... Read More
Why Women Are Better Investors Than Men
Anything you can invest, they can invest better and science backs this up. According to a recent study, women are better investors than men. Guys, take notes here. If you want to invest like Warren Buffet, you may want to invest like a girl because he does. Read on for the secret to why women are better investors than men. The world of finance is thought to be a man’s world: Cigars. Receding ... Read More
How Much Should You Have at Your Age? This Could Hurt
How much money should you have at your age? (This could hurt) People don’t often talk about how much money they have. It’s just not something that’s shared during dinner conversations or at lunch with co-workers. So, it’s really hard to know how well you’re doing because there’s no benchmark. Also, everyone makes and spends different amounts, so it’s hard to compare. But many people want ... Read More
You Sold Your Business. Now What?
You've worked hard. And now you want to enjoy your rewards after having invested blood, sweat and tears building your business. If you're lucky you get someone or some company to buy you out. Before you pop the cork off that champagne bottle, you better get your ducks lined up. You sold your business. Now what? You Sold Your Business. Now What? Most every business owner and entrepreneur has one ... Read More
Why Is Paying Off Debt Biggest Priority to Advisors?
One reader recently asked a group of financial planners, "Why is paying off debt the biggest priority to advisors?" So what is it about debt? Why such a big deal? Why do financial planners always seem to be so obsessed with telling clients to pay off debt? I don't know about other advisors, but in my case, you'd trace it back to Mr. Jennings and Mrs. Hirschfield, my high school English ... Read More
Living A Rich Life – Olga Stanganelli
Eulogy of Olga Stanganelli as delivered by Steve Stanganelli, June 7, 2017: Today, we’re here to remember a good woman who recently celebrated the forty-fifth anniversary of her 39th birthday. A life filled with love. An enduring love and devotion for her family … her seven brothers and sisters, her husband and dance partner of 55 years, her sons, Joe, who she called her “sunshine” and her ... Read More
A Good Life Remembered: Olga (Petrosino) Stanganelli
Olga Stanganelli April 11, 1933 to June 2, 2017 Born in Beverly on a day her mother would recount still had snow on the ground, Olga (Petrosino) Stanganelli passed away peacefully in the early morning hours of a star-filled spring night at the home of her youngest son Steven Stanganelli in Amesbury. Olga was the seventh of eight children and second of three daughters of Italian ... Read More
