Five Questions All Teachers Should Ask Their Financial Advisor

Five Questions All Teachers Should Ask Their Financial Advisor Be honest. How did you choose your Financial Advisor? Did you ask a co-worker? Did you sign up with them because they brought in free pizza or doughnuts and seemed nice? After all, they are approved by your school district so they must all be [...]

By | 2018-01-03T21:55:46+00:00 November 16th, 2017|403b, Financial Life Planning, NYSTRS, Pension, Roth IRA, Teachers|Comments Off on Five Questions All Teachers Should Ask Their Financial Advisor

Basic Estate Planning

One thing I purposely left out of my last post on What to do when you're expecting was basic Estate Planning.  Estate Planning is not just for the old and rich.  It’s important for people at every income level who want to help protect their finances and avoid future conflict between family members. This is [...]

By | 2018-01-04T13:54:47+00:00 September 19th, 2017|Estate Planning, Financial Life Planning, Life Insurance|Comments Off on Basic Estate Planning

What to do when you’re expecting

What to do when you’re expecting If you have not heard yet, my wife Rebecca and I are expecting our first child in early October.  Wahoo!  If you want to watch an amazing 3 minute video my wife made of us telling our families check it out here Here’s what to [...]

By | 2018-01-03T17:15:05+00:00 August 3rd, 2017|Financial Life Planning, Life Insurance|Comments Off on What to do when you’re expecting

Investing as a Teacher is Hard!

The purpose of this post is to be an unbiased resource for Depew teachers to use to help them in selecting the 403b provider and the difference between the available options.  Please take your time to review this post and make sure you and your colleagues are using the best possible option – with [...]

By | 2018-01-17T05:05:16+00:00 June 12th, 2017|403b, Financial Life Planning, NYSTRS, Pension, Teachers|Comments Off on Investing as a Teacher is Hard!

Four lessons that I learned at CrossFit that can help you

As many of you know I am a member of Athlete’s Unleashed CrossFit gym in Orchard Park. Over the years, I have come to realize the many connections between the lessons that I’ve learned at CrossFit and how to apply those values and philosophies to how I manage your finances. What my coaches do [...]

By | 2018-01-03T17:15:05+00:00 March 28th, 2017|Financial Life Planning|Comments Off on Four lessons that I learned at CrossFit that can help you

Life Insurance

As soon as somebody depends on you financially, you need life insurance. Most of us know this, but for some pretty good reasons, we don’t really want to think about it. To start, someone has to die for life insurance to be of use. Also, buying a policy means putting a price on the [...]

By | 2018-01-17T04:39:33+00:00 February 27th, 2017|Financial Life Planning, Life Insurance|Comments Off on Life Insurance

2016 Year in Review

As we near the end of the year a lot of financial advisors will put together something about how the stock market has done for the year and what they expect for the year ahead, blah blah blah.  Since these are just best guesses I prefer to focus on what we can control, which [...]

By | 2018-01-03T22:06:22+00:00 December 13th, 2016|Financial Life Planning, Life Insurance, Roth IRA|Comments Off on 2016 Year in Review

3 Secrets Every NYSTRS Tier 4 Teacher Needs to Know

Secret #1 Your Pension is worth a lot of money. This isn't really a big secret, but did you know it could be worth over $1,200,000? This is based on the amount of money that is needed at age 55 to generate $65,000/year from an immediate annuity. ...but if you were to pass away [...]

By | 2018-01-03T17:15:05+00:00 December 5th, 2015|403b, Life Insurance, NYSTRS, Pension, Roth IRA, Teachers|Comments Off on 3 Secrets Every NYSTRS Tier 4 Teacher Needs to Know

What Should a Financial Planner Do?

There’s a lot of misunderstanding about what value a financial planner can bring.  There are also just as many questions about what a financial planner does all day.  Which tasks and priorities actually translate to value for clients? I used to spend a lot of my working hours on tasks that ultimately added no value for clients. [...]

By | 2018-01-17T04:43:16+00:00 October 15th, 2015|403b, Business Owners, Roth IRA, Teachers|Comments Off on What Should a Financial Planner Do?