Larchmont Wealth Management

Larchmont Wealth Management Financial advisor, 📚 Financial education for smarter wealth-building I’m Pat, the Founder of Larchmont Wealth and a Larchmont resident.

Over time, I have seen that most people struggle with their financial plans; either cobbling together a do-it-yourself approach, or alternatively getting “cookie cutter” service from larger advisory firms. I saw an opportunity to use my experience managing investments to help people take control of their financial futures. I believe there is a way to have the security and diverse product availabil

ity that comes with using the clearing platform of one of the largest financial firms on the planet (RBC) coupled with a tailored, local approach that gives you more control over your finances.

06/16/2026

A peace deal with Iran could matter more than people think. If tensions cool down, oil prices could ease, gas and shipping costs could come down, and that can help take pressure off inflation. For retirement investors, lower inflation and lower rate pressure can create a much healthier environment for long-term portfolios.

Disclaimer: The information discussed should not be construed as tax, legal or investment advice. It is for informational purposes only and should not be taken as a recommendation or solicitation. Prior to making any financial decision individuals should seek advice from personal financial, legal, tax and other professionals. Investment products are offered through Aegis Capital Corp, a member of FINRA and SIPC. Investment products are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.

06/15/2026

IULs aren’t magic. They’re tools.

Indexed Universal Life insurance is often marketed like it gives you market upside, downside protection, tax advantages, and life insurance all in one.

But the reality is more nuanced.

Potential pros:
• Permanent life insurance protection
• Cash value growth potential tied to an index
• Downside protection through a crediting floor
• Tax-deferred cash value growth
• Potential tax-advantaged access through properly structured policy loans and withdrawals
• Flexible premiums, assuming the policy remains properly funded
• Can be useful in certain estate, business, or supplemental retirement income strategies

Potential cons:
• Higher costs, insurance charges, and potential surrender charges
• You are not directly invested in the market
• Growth is limited by caps, spreads, participation rates, and policy expenses
• Caps and participation rates can change over time
• The floor protects the index crediting rate, not necessarily the full policy value after charges
• Policy loans accrue interest and can reduce the death benefit
• If loans are mismanaged or the policy lapses, there can be tax consequences
• Poor fit if you need early liquidity or haven’t addressed simpler planning options first

Bottom line: IULs can be useful in the right situation, but they are not a shortcut to wealth.

The structure, funding level, time horizon, costs, and ongoing management all matter.

Disclaimer: The information discussed should not be construed as tax, legal or investment advice. It is for informational purposes only and should not be taken as a recommendation or solicitation. Prior to making any financial decision individuals should seek advice from personal financial, legal, tax and other professionals. Investment products are offered through Aegis Capital Corp, a member of FINRA and SIPC. Investment products are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.

06/11/2026

A market crash at age 45 and a market crash at age 62 are not the same event.
At 45, you likely still have time, income, and future contributions on your side. A downturn can be painful, but it may also create opportunities to buy more shares at lower prices, continue investing, and let compounding work over the next 15–25 years.

At 62, the situation can be very different. You may be close to retirement, already retired, or preparing to draw income from your portfolio. A major downturn at that stage can force you to sell assets while they are down, which can permanently damage the longevity of your retirement plan.

This is why investment strategy should evolve over time. The portfolio that made sense when you were aggressively building wealth may not be the right portfolio when you are preparing to live off that wealth.

Risk is not just about how much the market can fall. It is also about when it falls, how much time you have to recover, and whether you need income from the portfolio during the downturn.
The goal is not to avoid every market crash. The goal is to build a plan that can survive them.

Disclaimer : Disclaimer: The information discussed should not be construed as tax, legal or investment advice. It is for informational purposes only and should not be taken as a recommendation or solicitation. Prior to making any financial decision, individuals should seek advice from personal financial, legal, tax and other professionals. Investment products are offered through Aegis Capital Corp, a member of FINRA and SIPC. Investment products are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.

06/11/2026

Comment social for our SSB playbook!

Disclaimer: The information discussed should not be construed as tax, legal or investment advice. It is for informational purposes only and should not be taken as a recommendation or solicitation. Prior to making any financial decision, individuals should seek advice from personal financial, legal, tax and other professionals. Investment products are offered through Aegis Capital Corp, a member of FINRA and SIPC. Investment products are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.

06/10/2026

After 23 years as a financial advisor, I’ve learned that every strong retirement plan comes down to three things. Retirement readiness is not just about how much you have saved; it is about how well your money is positioned to support the life you want.

Comment READY and I’ll send you this week’s Retirement Readiness item.

Disclaimer: The information discussed should not be construed as tax, legal or investment advice. It is for informational purposes only and should not be taken as a recommendation or solicitation. Prior to making any financial decision, individuals should seek advice from personal financial, legal, tax and other professionals. Investment products are offered through Aegis Capital Corp, a member of FINRA and SIPC. Investment products are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.

06/09/2026

At some point, your life savings has to become more than a number on a screen. It has to become income you can rely on, month after month, so you can live the life you worked so hard to build. The real question is: do you have a plan for turning your portfolio into a paycheck without running out too soon?

Comment “income” and I’ll send you what to think about before retirement.

Disclaimer: The information discussed should not be construed as tax, legal or investment advice. It is for informational purposes only and should not be taken as a recommendation or solicitation. Prior to making any financial decision, individuals should seek advice from personal financial, legal, tax and other professionals. Investment products are offered through Aegis Capital Corp, a member of FINRA and SIPC. Investment products are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.

06/09/2026

IRMAA stands for Income-Related Monthly Adjustment Amount. It is an extra charge added to Medicare Part B and Part D premiums when your income is above certain thresholds. Many retirees are surprised by IRMAA because it is based on your tax return from two years prior. Large Roth conversions, capital gains, business income, or investment sales can accidentally push you into a higher IRMAA bracket. Understanding IRMAA ahead of time can help you plan withdrawals, taxes, and Medicare costs more strategically.

Comment IRMAA for the playbook!

Disclaimer : Disclaimer: The information discussed should not be construed as tax, legal or investment advice. It is for informational purposes only and should not be taken as a recommendation or solicitation. Prior to making any financial decision, individuals should seek advice from personal financial, legal, tax and other professionals. Investment products are offered through Aegis Capital Corp, a member of FINRA and SIPC. Investment products are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.

06/03/2026

Direct indexing is one of the most overlooked tools for high-net-worth investors.
Instead of owning a mutual fund or ETF, you can own the individual stocks inside the index directly. That gives you more control, more customization, and better tax efficiency.
You can harvest losses throughout the year, avoid certain companies or sectors, manage concentrated positions, and build a portfolio around your specific goals.
The idea is simple: don’t just own the index.

Own it in a way that fits your tax situation, values, and overall financial plan.

Disclaimer: The information discussed should not be construed as tax, legal or investment advice. It is for informational purposes only and should not be taken as a recommendation or solicitation. Prior to making any financial decision, individuals should seek advice from personal financial, legal, tax and other professionals. Investment products are offered through Aegis Capital Corp, a member of FINRA and SIPC. Investment products are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.

06/03/2026

Renting in retirement is not always a bad financial move.

For a lot of retirees, owning a home sounds safer because the mortgage may be gone. But the costs do not disappear. Property taxes keep rising. Insurance keeps rising. Repairs still happen. Roofs, boilers, plumbing, landscaping, snow removal, maintenance, and renovations can turn a “paid-off house” into a major cash drain.
Renting can sometimes be better because it gives retirees more flexibility, more liquidity, and fewer surprise expenses. Instead of having a huge amount of wealth trapped inside a house, they can keep more money invested, accessible, and available for income, healthcare, travel, or family needs.

The real question is not “Is renting throwing money away?”

The real question is: Does owning this home improve your retirement — or does it quietly make your retirement more expensive, less flexible, and more stressful?

Disclaimer: The information discussed should not be construed as tax, legal or investment advice. It is for informational purposes only and should not be taken as a recommendation or solicitation. Prior to making any financial decision, individuals should seek advice from personal financial, legal, tax and other professionals. Investment products are offered through Aegis Capital Corp, a member of FINRA and SIPC. Investment products are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.

06/01/2026

Surviving spouses often face a hidden retirement tax trap known as the “widow penalty.” After losing a spouse, income may stay relatively high, but the surviving spouse is often forced into single-filer tax brackets, which can mean higher taxes on Social Security, RMDs, and investment income. Proper planning with Roth conversions, withdrawal sequencing, and beneficiary strategy can help reduce the impact before it happens.

Comment “taxes” and I’ll send you our Retirement Taxes Playbook.

Disclaimer: The information discussed should not be construed as tax, legal or investment advice. It is for informational purposes only and should not be taken as a recommendation or solicitation. Prior to making any financial decision, individuals should seek advice from personal financial, legal, tax and other professionals. Investment products are offered through Aegis Capital Corp, a member of FINRA and SIPC. Investment products are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.

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