Is the 4% Safe Withdrawal Rate In Retirement Dead?

This retirement article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA. What is the 4% Rule? Bill Bengen, now a retired Financial Advisor, put forth the 4% ‘Safe’ Withdrawal Rule in the Journal of Financial Planning in 1994. The 4% Rule essentially provides a useful rule of thumb that says… Continue Reading: Is the 4% Safe Withdrawal Rate In Retirement Dead?

The Last Meme Stock

This stock article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA. What is a Meme Stock? There are Meme Stock online communities that hype and create frenzy with particular shares of stock.  This is primarily done by individual investors using online tools like Reddit, Twitter (TWTR) and Meta Platforms, formerly… Continue Reading: The Last Meme Stock

Tom Quoted by Marketwatch.com on How to Help Protect Your Family

Local CPA, CFP Thomas F. Scanlon of Manchester, CT quoted by Marketwatch.com on December 17, 2021. There are a few other considerations you can make to help you feel extra confident in your finances. For example, you might want to consider a level term life insurance policy, which would protect your family if something were… Continue Reading: Tom Quoted by Marketwatch.com on How to Help Protect Your Family

The Roaring Twenties 2.0 – Revisited!

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA. All the way back in January, 2020 we wrote about The Roaring Twenties 2.0. What has been the biggest change since then? The Pandemic No question.  It would be easier to describe what the Pandemic has not changed rather than… Continue Reading: The Roaring Twenties 2.0 – Revisited!

Tom Quoted by CNBC.com on Traditional Rules for Building Wealth

Local CPA, CFP Thomas F. Scanlon of Manchester, CT quoted by CNBC.com on October 19, 2021. Read full article here. Opinions expressed in the attached article are those of the author and are not necessarily those of Raymond James. All opinions are as of this date and are subject to change without notice. The information… Continue Reading: Tom Quoted by CNBC.com on Traditional Rules for Building Wealth

3 Easy Things to Know to Get Tax Smart Investing

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA 1. Know Where to Start Most advice would suggest starting with knowing your goals. This is good advice with financial planning; it’s just not the first place to start. The first step is to have an adequate Cash Reserve.  Everyone… Continue Reading: 3 Easy Things to Know to Get Tax Smart Investing

It’s Not a Matter of “IF” Something Will Go Wrong, But “When”

Local CPA, CFP® Thomas Scanlon of Raymond James Financial Services in Manchester, CT quoted in national AARP article 7 Practical Tips for Building (Or Rebuilding) Your Emergency Fund How much money you need, and how can you get it by Patricia Amend​, AARP, October 4, 2021 Your fridge isn’t freezing, your car isn’t running, you suddenly… Continue Reading: It’s Not a Matter of “IF” Something Will Go Wrong, But “When”

The Last Bidding War for Homes

Has the residential real estate market been on fire or what? Wow! Everyone has a great story (sellers) or a nightmare (buyers). Keep in mind, real estate is hyper local. The amounts paid over the asking price continue to escalate.  Some sellers now are not allowing a mortgage contingency for an appraisal.  This contingency means… Continue Reading: The Last Bidding War for Homes

SPAC ATTACK (What’s that?)

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA A SPAC is a so-called Special Purpose Acquisition Company.  Although they have been around since the early 1990’s, they have become very popular in the past year. In 2016 there was only 5 SPAC’s completed. In 2020 there were 65… Continue Reading: SPAC ATTACK (What’s that?)

I Did the Math

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 buddies for the day. They would rent surfboards and then go out all day. Recently he told… Continue Reading: I Did the Math