Defined contribution plan participants are notoriously bad about changing their 401(k) allocations, but retirement advisors and wealth management companies are nonetheless preparing their plan sponsor-clients for an inevitable rise in interest rates. Fixed-income investors may find this annoying, of course,… Continue reading →
Jason Kolinsky Quoted in The Wall Street Journal: Financial Issues to Discuss Before You Get Married
When Matt and Loren Litzman got married in December, they knew they wouldn’t be able to afford a down payment on their first house unless they made saving part of their income a priority. So it’s a good thing that… Continue reading →
New York City Police Officer Michael Teneriello says there’s plenty of love in his marriage, because he evenly pools money with his wife, Diane, every month.
While only 27% of Americans under the age of 60 expect to receive an inheritance, more people are planning to leave one to family members, according to a new Interest.com report.
If your nest feels crowded and you can’t wait for it to be empty, it’s time to take control of your adult children and admit the damage they do to your Continue reading →
It’s easy to tell yourself to save money and to have a big-picture idea of where you want to be financially, but it’s much harder to stay on course when a night on the town, a must-have gadget or the… Continue reading →
Chronic overspending is an emotional, yet serious topic that can lead you down a road of financial disaster. People who tend to forget their own financial limitations become obsessed with keeping up with peers.
How can fledgling financial planners successfully roll out a financial advisory practice? By planning ahead, and prioritizing five key elements of a solid practice: financing, team-building, technology, sales and marketing.
The self-employed need to be mindful about retirement planning. In the past, small and mid-sized business owners could count on selling their business for income, but in today’s economic climate that may not be a viable option for business owners… Continue reading →
Celebrity clients can be great. But, when things go wrong, they go VERY wrong. In these disputes, you’re fighting with one hand tied behind your back. In our star-obsessed culture, the public is much more willing to… Continue reading →
Overspending can be every bit a habit as drinking or smoking. While you won’t die from overspending, it is deadly for your financial health. The big question though, is how to just say no?
Steven Kolinsky quoted in InvestmentNews: Americans fear another financial crisis, are spooked by investing
With the Great Recession just a few years behind us, Americans are still spooked by investing, despite the continuing stock market rally.
Wedding bliss can easily turn into marriage misery if newlyweds don’t openly discuss their finances. Money is often cited as a cause of marital strife, but experts say there are easy ways to avoid financial feuds. The first… Continue reading →
Remember the good ol’ days of pension plans and no-worry Social Security? Me neither. For Generation Y, a hands-off retirement planned around Social Security — which recent reports say could be bled dry by 2033 if not sooner — or… Continue reading →
You made plans and promises to get your finances together in 2013. The year is half over — so what’s the reality?
Jason Kolinsky quoted in Intuit Small Business: How to Keep Divorce From Ruining the Family Business
Divorce often brings out the worst in people, which can be a huge problem when a family business is involved. Protecting yourself and your company while ending your marriage requires a level head at a highly emotional time.
Steven & Jason Kolinsky interviewed in InvestorPlace (AUDIO): Like Father, Like Son? Not Necessarily
The generational differences in investment approaches are stark, but the basics remain the same. With Father’s Day right around the corner, there seems to be no better time to thank Dad for all he’s taught you … whether he meant… Continue reading →
Even when everyone is on the same page, a family is in touchy territory when adult children must begin to manage their elderly parents’ finances. After all, the matter is fraught: It’s about mortality, values and life savings. Just discussing… Continue reading →