We need to change financial planning forever. When I began my career, most financial planning advice swirled around tax avoidance. Planned then shifted in estate planning work. It quickly evolved into retirement planning. A great deal of work these days centers around paying for education. This should not come as shock or surprise to anyone:… [Read More] How To Change Financial Planning Forever
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:
Let’s start out with a quick exercise. Think of a pop song that you like to listen to on the radio. It does not matter what era it’s from, or what year it was released, or who sings it. Got it? Okay, good. Without even knowing what the song is, I’ll bet that if you… [Read More] The Pop Song Formula
A few months back during Mets pregame, Bobby Valentine was interviewed while honoring the recently deceased Rusty Staub. Bobby V said that Rusty was the first person who ever told him; “Nobody cares how much you know, until they know how much you care.” Rusty was telling Bobby V that while he was a highly… [Read More] Nobody Cares How Much you Know, Until they Know How Much you Care
Wouldn’t it be great if we could get young professionals and older professionals to actually SPEAK to each other? Perhaps lend a helping hand? What could each generation learn from the other? Younger professionals could show more seasoned professionals how to work smarter and more productively. For example, how to use technology to shorten “start… [Read More] Surveys: Young And Old Should Speak To Each Other
Over my lifetime, I’ve compiled a nice long list of movies that I deem my favorites (as I’m sure everyone else has as well). One of the movies on the list is ‘Back To The Future’. I particularly enjoy ‘Back To The Future pt. II’ when Biff takes the DeLorean time machine from the future… [Read More] Biff’s Sports Almanac of Investing
Do I need an estate plan – if I won’t have estate taxes to pay? There is quite a difference between estate TAXES and estate PLANS. A lot of folks think, “I’ll never have that much dough, so I don’t need to worry about that.” And there’s some truth to that. See, the threshold where Federal… [Read More] Do I Need an Estate Plan If I Won’t Have Estate Taxes in New Jersey?