Bonus Mistake: Not Seeking Professional Help Look, I get it. Financial advisors have earned somewhat of a bad reputation over the years. But here’s the thing: you only get one chance to get retirement right. This is what I do all...Read More
Future Advocate Blog
Every financial decision you make is a competition for resources between your present and your future. Most of the time, the present wins out. We advocate for your future.
Tidbits on financial planning, investing, and living life to the fullest from Jesse Lunin-Pack. Contact us if there is a topic you would like to see covered!
Mistake #5: Only Focusing On The Money As important as it is to make sure that your money issues are squared away as you approach retirement – that you have maximized your Social Security benefits, know what your monthly income...Read More
Mistake #4: Not Starting Early Enough / Waiting Too Long Earlier in this piece, I noted that “being able to retire” was a financial goal shared by just about every client I’ve ever worked with. Even a recent college...Read More
Mistake #3: Not Planning For Long-Term Care Long-term care is the elephant in the room that nobody wants to think about. Nobody wants to spend their last years living in a nursing home, reliant on strangers for their care and with an...Read More
Mistake #2: Blindly Following A Rule Of Thumb “The percent of your portfolio in bonds should equal your age;” “Withdraw 4% of your portfolio each year and your money will last the rest of your life;” “You...Read More
Mistake #1: Not Maximizing Social Security Social Security may not make up a majority of your retirement income, but it almost certainly makes up an important part of it. In an era when few people still receive a guaranteed pension...Read More
In the over two decades I’ve worked in financial services, I’ve met all kinds of people, and advised them on all kinds of issues. But there is one thing that almost everyone I have ever worked with has had in common: "retirement planning."Read More
Financial markets ebb and flow, and although it is natural to feel excited when stock markets do well and concerned when stock markets drop, it’s not usually a good idea to let those emotions dictate changes to your portfolio. As...Read More
Most Americans get excited about the day when there are no more bosses to report to, no ridiculously wasteful meetings to attend, and no need to spend lunch hours complaining about coworkers who get on their nerves. We realize that...Read More
During the time it has taken me to open my blogging software at about 20 minutes after 3 on Monday afternoon, February 5th and start writing this post, the Dow Jones Industrial Average has whipsawed from down 500 points, to down 1,500...Read More
How do children learn to manage money? Should they learn at school? From social media? Their peers? From their own mistakes when they leave the home? Or should they learn good habits from watching their parents? The answer is a...Read More
In 2015 my good friend Deborah Grayson Riegel asked me to contribute to her book entitled "Money Talks: 100 Strategies to Master Tricky Conversations about Money." I was thrilled to offer ten tips for adult children having a...Read More
As a volunteer first responder on Long Island’s south shore during Superstorm Sandy, I witnessed many people confront challenges they never expected. No one expected to see water rising around – and sometimes in - their...Read More