This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA Really? It’s difficult enough when someone passes away. It’s even more difficult when someone passes away with minor children. It’s unbelievable when someone with…
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Make Your Checks Payable to the Smith Family Education Fund…
Tagged with: Average Joe's, Connecticut, Connecticut Probate Court, Death Benefit, Dependents, Estate Plan, Estate Planning, Estate Tax, Estate Tax Exclusion, Estate Tax Rate, Federal Estate Exclusion, Federal Estate Tax, Guardian, Health Care Proxy, Higher Education, ILIT, Intestacy Rules, Irrevocable Life Insurance Trust, Level Term Life Insurance, Life Insurance, Permanent Insurance, Power of Attorney, Probate Court, Term Life Insurance, Trust, Warren Buffet, Will
Why Defense First Wins Your Financial Planning Game
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA “Offense sells tickets. Defense wins championships.” Paul “Bear” Bryant – Former Head Football Coach University of Alabama and six-time National Champions. Defense wins championships. It…
5 Easy Steps to Retirement
1) Plan For Your Retirement Sorry for having to state the obvious. You’re not going to get to retire if you don’t plan. This is the price of admission. After all, it is your retirement we are talking…
Tagged with: 401(K) Plan, Cash Reserve Fund, Connecticut Drivers, Disability Insurance, Education Funding, Financial Advisor, Financial Plan, Homeowners Insurance, Income Tax, Income Tax-Free, Individual Retirement Account, Investing, IRA, Life Insurance, Money Market Account, Pension Plan, personal umbrella policy, Required Minimum Distribution, Retirement, Retirement Plan, RMD, Roth 401(k) plan, Roth IRA, Self-Employed, Social Security, Tax Deferred Accounts
True Confessions
Sorry for the dramatic headline. Most of you that know me are aware that I’m pretty conservative and not one for grandstanding. Don’t worry—I’m definitely not qualified to write for the National Enquirer, and no, I won’t be discussing…
Tagged with: Broad Brook Connecticut, Broad Brook Grammar School, Bryant College, Bryant University, Cash Reserve Fund, Disability Insurance, Estate Planning, Health Insurance, HELOC, Home Equity Line of Credit, Home Mortgage, Life Insurance, LTC, Manchester Community College, MCC, Mulligan, Pension, POA, Power of Attorney, Retirement Planning, Trust Agreement, Will
You’re Gonna Need a Bigger Boat
This is one of the all-time classic lines in the movies. Captain Quint, Police Chief Brody and Hooper are out looking for the Great White Shark in the move Jaws. After the Great White attacks the Orca, Brody turns to…
3 Things In Life You Only Want the Best Of
1) Seat Belts – Pretty Obvious 2) Parachutes – Any Questions? 3) Financial Advice
7 Habits of Highly Effective People That Want to Retire
1) Start Early Do you want to increase your chances of retiring at a reasonable age? Start early. As The Rolling Stones said, “Time Is On My Side.” Well said. Don’t kick yourself for not starting earlier. You can’t…
Tagged with: Asset Classes, Assets, Bond Bubble, Car Insurance, Cash, Charity, Disabliity Insurance, Financial Plan, Homeowners Insurance, Income, Insurance, Life Insurance, Plan B, Portfolio, Retire, Retirement, Retirement Planning, Risk, Risk Management, Someday Island, The Joneses, The Rolling Stones, Time is on My Side
3 Proven Reasons You Need a Financial Advisor
1) You Don’t Have the Expertise Today, we live in a complicated world. Things are very complicated in financial planning. “You don’t know what you don’t know” is an appropriate quote. And so it is with financial planning. It doesn’t…
