Annuities which are primarily offered by insurance companies are the only financial product on the market specifically designed to convert a lump sum to a guaranteed income. As such, they are powerful tools for hedging against uncertainty and risk. But they also come with robust tax advantages as well. The Power of Tax Deferral Tax deferral…read more →
The Maui wildfires and numerous local lithium-ion battery fires have highlighted the importance of fire safety! Fires used to be rare occurrences that you would see on the news; however, because of warmer temperatures and the proliferation of e-bikes, fires now occur every day and the costs are life-changing! Here in New York City, fire sprinkler installation was optional for…read more →
On Thursday, August 31st, Disney pulled its programming from Charter’s Spectrum TV! This comes at a convenient time (for Disney) as Disney-owned ESPN networks (FX and WABC channel 7) are covering major live sporting events such as the U.S. Tennis Open and major college football. For sports fanatics, this is one of the best times of the year! The NFL…read more →
I was watching Good Morning America (GMA) last weekend and they have been showing charts of different U.S. cities breaking heat records for that day and their forecasted high temperatures over the next 4 days. Not everyone buys in; however, from the Hoover Dam to Antarctica, I have seen it for myself, and climate change is real! Last month, I…read more →
I went to the grocery store the other day and was taken aback by many of the prices. A 12-ounce bag of Dunkin Donuts for $13.99, are you kidding me? A box of gluten-free crackers for $6.99 and a bag of Stacy’s pita chips for $5.99? The government claims inflation has decreased; however, with our Cross Bay and Marine Park…read more →
Sol and Robert Price raised $2.5 million from friends and family to open Price Club on July 12th, 1976 in San Diego, California. It was the first warehouse club only for business shoppers in the United States. The first Costco was opened in Seattle in 1983. Price Club and Costco merged in 1993 to become Price/Costco and the name was…read more →
While I know it might seem early, it is August next week. Time flies and it will be September and back-to-school time before you know it! Over the last 2 years, the average cost of back-to-school supplies has increased by a total of 24%! The National Retail Federation reports that over 50% of consumers already have a head start on…read more →
Late last week I returned from vacation in the mountains of Northern California and Nevada. On the plane home, I was reflecting on how different life is from the pacific northwest to the tri-state area here in the Northeast! My good friend Shannon in Redding, California asked me about a disturbing story he read online on what New York State…read more →
Today’s crop of retirees, the mature citizens who are now actually living through retirement, and in some cases paying the price of poor decision-making earlier in life, have a lot of wisdom to pass on to the rest of us! According to a survey by the Transamerica Center for Retirement Studies, some aspects of the reality of retirement don’t quite match expectations….read more →
For an early Father’s Day event and my father’s birthday, I took my father and brother to the Yankees at Mets game at Citifield, part of a bigger event thrown by Gotham Networking. We were trying to remember, and it could be 20 years since the 3 of us have attended a live baseball game. We noticed recent changes immediately,…read more →
Recent Comments