This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA My son went surfing several times off the Narragansett Beach on the Rhode Island Shore this year. He went with a couple of his…
Blog Archives
7 Reasons Not to Wait Until Thanksgiving to be Grateful
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA You don’t have to wait for Thanksgiving to be grateful. You can be grateful every day. It’s your choice. Life might not be going swimmingly…
Tagged with: Average Joe's, Bill Gates, CD's, College Board, EU, European Migrants, European Union, Federal Funds Target Rate, Federal Reserve Board, GDP, Germany, Grateful, Great Recession 2008-2009, Greece, Gross Domestic Product, Harvard, Manchester Community College, Mexico, Microsoft, Migrants, S&P 500, Spain, Standard & Poors 500 Index, Thanksgiving, The Fed, U-3, U-6, Unemployment Rate, Unemployment Report
5 Reasons to Fund a 529 College Savings Plan
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA 1) College is Expensive Financing a college education today can be a big challenge. Having written some checks for college I find it handy to…
Tagged with: 529 College Savings Plan, 529 Plan, CHET, College Board, College Education, College Tuition, Connecticut Higher Education Trust, Connecticut Income Tax, Connecticut Residents, Estate Tax, Gift Tax Return, Inflation, Lamborghini, New England, Starbucks, Task Rabbit, Tax-Free, Uber, UGMA, UNH, Uniform Gifts to Minors Act, University of New Hampshire
Diet and Exercise
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA That’s what my doctor tells me after my annual physical exam – every single time. When I press her on this, she gives me a…
How to Use the Tax Code to Retire in Style
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA How do you envision your retirement? Spending long, lazy days at the beach? Spending more time with your grandchildren? Going golfing or fishing a lot…
Tagged with: 401 (k) Plan, Adjusted Gross Income, AGI, Appreciated Property, Captial Gains, Connecticut, Connecticut Bonds, Connecticut Income Tax, Connecticut resident, Inherited Roth IRA, IRA, municipal bonds, Ordinary Income, Required Minimum Distribution, RMD, Roth 401(k) plan, Roth Conversion, Roth IRA, State of Connecticut, tax-deferred, Tax-Free
The Last Mortgage Refinance
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA I know it’s not breaking news that mortgage rates are low. They are very low in fact. At the last Federal Open Market Committee…
Tagged with: Congress, Fed, Federal Home Loan Mortgage Corporation, Federal Open Market Committee, Federal Reserve, Federal Reserve Board, FOMC, Freddie Mac, Great Recession 2008-2009, HELOC, Home Equity Line of Credit, Home Mortgage, Home Refinance, Income Tax Deduction, Itemized Deductions, Mortgage, Mortgage Interest, Mortgage Rates, PMI, Points, Presidental Election, Private Mortgage Insurance, Refinance, Standard Deduction, Tax Deduction, TRID, U. S. Treasury Securities, W-2
Things are More Expensive When You Pay For Them Yourself
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA We never gave our children an allowance when they were growing up. I had an allowance when I was a kid. Unfortunately for me…
Tagged with: 529 College Savings Plan, 529 Plan, Alimony, Budget, Child Support, Connecticut, Connecticut Income Tax, Connecticut Income Tax Return, CT, Dependent Care Credit, Head of Household, Income Tax, Income Tax Bracket, Income Tax Rate, Income Tax Return, Itemized Deductions, Mortgage Interest, Personal Finance Class, Roth IRA, South Windsor Connecticut, Standard Deduction, Tax Credit
4 Easy Steps to Stay Retired
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA You have reached the holy grail (for some) and retired. Congratulations! You are in the Land of No Alarm Clocks. Now you can do…
Tagged with: 401(K) Plan, 529 College Savings Plan, 529 Plan, Bank of Japan, Budget, Cash Reserve Fund, College, Connecticut, Connecticut Income Tax, CT, ECB, European Central Bank, Fed, Federal Reserve, Federal Reserve Board, Great Reccession 2008-2009, Income Tax, Individual Retirement Account, Interest Rates, Investment Portfolio, IRA, Living Expenses, Medical Bills, Medicare Tax, Money Market Account, Negative Interest Rates, New England, New Hampshire, Portfolio, Rainy Day Fund, Retire, Retirees, Retirement, Retirement Plan, Roth IRA, S & P 500 Index, Savers, Social Security, Social Security Tax, Starbucks, Swiss National Bank, The College Board
