As the father of a newborn, saving for college is now a major financial goal for my household. After years of helping clients tackle the following questions, I’m doing it for my own family. There’s a lot to consider including: Projecting the potential cost of college education Determining how much to save Helping to decide […]
TV Interview: Chrissy Canapari with Frank Coletta from WJAR/Channel 10: Should I Pay Off my Mortgage Before I Retire?July 28, 2017 1:02 pm
Building on her July 11th blog, Chrissy Canapari spoke with WJAR’s Frank Coletta about some items to think about when making the decision to pay off your mortgage before you retire.
Ideally everyone would reach retirement and not have an outstanding mortgage balance, but that is not always the case. Some people choose to keep a mortgage for tax purposes, but often, due to any number of circumstances, retirement approaches and a mortgage balances still exist for many retirees. The outstanding mortgage loan may be on […]
In a recent study conducted by PwC around employee financial wellness, 30% of employees surveyed reported that issues with their personal finances have led them to being distracted at work. Of the distracted workers, 46% say that they spend at least three hours or more each week thinking about or dealing with issues related to […]
I’ve been asked in the past for my opinion on prepaying for funeral expenses. First of all, this is not a fun topic for any of us to discuss. It is much more enjoyable to talk with clients about how they plan on travelling across the country in an RV, or how they will plan […]
The passing of a loved one is one of the most challenging and emotional times that we endure. Not only are you trying to cope with the overwhelming grief that follows, but there are also time sensitive financial obligations that need to be addressed. If your loved one created an asset inventory or “what if” […]
Retirement means different things to different people. For the individual whose job included heavy travel all over the world, they might be looking forward to long days in their home. Maybe your career required no travel, so you are eager to travel the world. Whatever your idea of a successful retirement may be, it seems […]
TV Interview: Chrissy Canapari with Frank Coletta from WJAR/Channel 10: Financial Planning for Blended FamiliesMarch 3, 2017 12:50 pm
Building on her February 21st blog, Chrissy Canapari spoke with WJAR’s Frank Coletta about some of the key issues that should be addressed with blended families.
We’ve all heard the statistics: divorce is quite common in addition to being a difficult process and experience. There are numerous adjustments to be made during and after a divorce in many aspects of life. Your living arrangements an…
blend·ed fam·i·ly noun NORTH AMERICA a family consisting of a couple and their children from this and all previous relationships. The joining of two families can be an exciting time but also a time when you will be faced with many financial decisions. There are many aspects of life to plan for, from living […]