Chris Albano, CFP

02/28/2019

I always tell couples that talking about money shouldn’t be taboo. Schwab and The School of Life collaborated on a set of cards to facilitate your discussion - and make it fun! Click the link for more info, and contact me for a set of your own. https://www.youtube.com/watch?v=piogxuMDgDw&feature=youtu.be

02/26/2019

If you're remarrying after having kids, make sure to take a look at this.

Planning for what happens to your assets upon your death helps ensure that your children end up inheriting what you want them to have.

02/26/2019

Ready for this?
Sales of Girl Scout Cookies surpass annual sales of $800 million, outselling Oreos! These little entrepreneurs are generating revenue. What a business model.
The best-seller? Thin Mints

01/30/2019

I have buddies who would still golf in this weather - "wear another layer, you'll be fine!"

01/29/2019

Funny answer from a current Patriot when asked what he was doing during Tom Brady's first Super Bowl vs Rams: "Well, my babysitter let me stay up to watch the game."

01/22/2019

Have you checked your 401k recently? No?

Very few people do unfortunately. And there are simple steps that can make a HUGE difference!

Check out this survey to see how you compare to your peers.

As important as having a 401k is, many participants never get investment advice for how to initially invest given their time frame or risk parameters, nor do they re-balance the allocation to stay aligned with their risk tolerance.
https://www.aboutschwab.com/images/uploads/inline/Schwab_2017_401(k)_Survey_Media_Deck_FINAL.pdf

01/07/2019

To my 50+ age peers: we can contribute more to our IRA and 401k as "catch-up" payments.
Here is a link that shows new limits for 2019:

IR-2018-211, November 1, 2018 — The Internal Revenue Service today announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2019.

12/18/2018

This sight warmed up what was otherwise a frigid, windy walk through Boston this morning.

12/13/2018

For those whose commute involves public transit - which is worse:
1. Sneezy/Coughy guy with no use of hand or arm to cover up the spread of his germs in the seat right in back of you?
2. Guy who was exhaling his 3rd cigarette of the AM as he boarded the train/bus and smells like an ashtray is dumped on you as he plops down right next to you?

12/10/2018

Well, I always try to look for something positive: the manner in which the Patriots lost yesterday allowed many of my colleagues, some of whom I had not heard from in years and most of whom live in NY, to "check in" with me to make sure I knew about the outcome and how it happened. I have such thoughtful colleagues.

12/07/2018

"An idiot with a plan can beat a genius without a plan." - Warren Buffett

A financial plan doesn't require that you have a lot of money—and it doesn't have to cost you a penny.

12/06/2018

Procrastination is the art of keeping up with yesterday - Donald Marquis

Check out this TED talk on research and ideas for tricking ourselves into saving more without feeling it.

It's easy to imagine saving money next week, but how about right now? Generally, we want to spend it. Economist Shlomo Benartzi says this is one of the biggest obstacles to saving enough for retirement, and asks: How do we turn this behavioral challenge into a behavioral solution?