Transfer on Death Accounts Video We’ve had a lot of people ask us if they can make an account “payable on death”. “Payable on Death” (or POD accounts) accounts are offered by banks. When the account’s owner passes away, the intended recipient can walk into the bank with their death certificate and take ownership of… [Read More] Transfer on Death Accounts
Financial Planning Help with Mullooly Asset Management
At Mullooly Asset Management we want our clients to think of us as their personal CFO (Chief Finance Officer). We address many topics/questions that our clients ask us in this section. Financial planning is a very broad topic, some of the specific areas covered here include: saving for college, retirement savings vehicles, retirement planning, investor behavior, financial goal setting and much more.
Here are some of our most recent articles:
https://media.blubrry.com/invest/p/content.blubrry.com/invest/What_Happens_When_An_Annuity_Owner_Dies_April_2014_Podcast.mp3Subscribe: Android | RSSMost investors are pitched on the “advantages of investing in an annuity”, but neglect to find out what happens in the end game. It’s not something pleasant to discuss, but what happens when an annuity owner dies? Tom and Brendan cover this frequently asked question in their weekly podcast. When a single… [Read More] What Happens When an Annuity Owner Dies?
It’s easy to accept facts as they are, that “things will never change.” The Yankees win every year, you retire at age 65 and get a gold watch. I was reading an article about how, in 2013, the US is passing Russia and Saudi Arabia as the largest producer of natural gas. This was pretty… [Read More] What’s the Ideal Retirement Age?
You’ve probably heard plenty of investment advisors, financial planners, and other financial experts harp on the importance of having a monthly budget before. Tom explains three reasons why you need to have a monthly budget in this video from Mullooly Asset Management. The first of three reasons why you need to have a monthly… [Read More] Three Reasons Why You Need to Have a Monthly Budget Video
https://media.blubrry.com/invest/p/content.blubrry.com/invest/whats_your_monthly_number_podcast_july_2013.mp3Subscribe: Android | RSSThis week on the Mullooly Asset Management podcast, Tom and Brendan talk about why knowing what you spend is vital to investing. This is something Tom discusses with clients in financial planning meetings all the time. Tom normally asks them what their monthly number is. Over 75% of clients don’t know what… [Read More] Why Knowing What You Spend is Vital to Investing
There are several reasons you need to have an emergency fund, and Tom discusses them in this video from Mullooly Asset Management. Many people also wonder how much money they should have in their emergency fund when creating one. This is a good question to ask your investment advisor, financial planner, or whoever else… [Read More] Reasons You Need to Have an Emergency Fund Video