Be Prepared for Your First-Time Home Purchase

September 14, 2020 10:39 am

Clients often ask me what one can do to best prepare for buying a house, especially for the first time. If you are considering making such a purchase, there are some things you can do to ensure you are best positioned to act when opportunity strikes. Review and Improve Your Credit Score Having a strong […]

The Time Has Come to Scrap the RMD

August 24, 2020 12:33 pm

Before we get to why I believe that we should finally put an end to the outdated and unnecessary Required Minimum Distribution (RMD) rule, it is important to see how we got here. In 1986, as the popularity of the use of IRAs, 401(k)s and rollover IRAs grew, Congress began to become worried that these […]

My employer just offered me an early retirement package, what do I do?

August 17, 2020 1:15 pm

Last week Brown University announced they would be offering an early retirement package to some of their staff. Dubbed the “Staff Voluntary Retirement Program”, Brown is clearly hoping to reduce payroll during a challenging time due to COVID. Brown University is the #8 employer in the state, so this could potentially affect a lot of […]

Who is Right-The Markets or the Economic Data?

May 26, 2020 11:08 am

So what gives with the markets? Let’s use the S&P 500. It was down 33.9% from its 2020 high on February 19th to its low on March 23rd (shortest bear market on record).  It then rebounded 31.9% until April 29th (a dizzying bounce) and has remained essentially flat ever since. Unfortunately, the S&P 500 is […]

Is It A Good Time To Refinance?

May 8, 2020 3:50 am

I get this question a lot from friends and clients:  “Should I refinance my mortgage?” The answer is not always so simple.  In fact, many of us thought the days of refinancing were almost over (well…not literally) because s…

The Stability of Your Financial Plan During Volatile Times

May 6, 2020 9:55 am

During these unprecedented times, many clients are wondering if their goals have been derailed and if so, what it will take to get them back on track. There is no doubt that things have changed, and as a result many of us will need to adjust accordingly. But just how much do you need to […]

What Could a Market Recovery Look Like?

April 13, 2020 9:28 am

In hindsight, it appears surprisingly easy to shut down an economy – we just did it in a few short weeks.  I suspect it is much harder to open an economy back up again. What inspired so many Americans to shelter in place was a combination of worry for their own personal health and an […]

The CARES ACT – Three Important Provisions That Could Impact You

March 30, 2020 9:58 am

The relief bill known as the CARES Act was signed into law on Friday, March 27, 2020. It is designed to serve as a bridge between the time the US economy decelerates in response to Covid-19 and the time the economy is back up and running. Provisions of the CARES Act support a wide range […]

Can a Recession Save us from the Coronavirus?

March 16, 2020 12:28 pm

The first change I noticed was early last week, before any state of emergency had been declared in Rhode Island, Massachusetts, or the US. Suddenly, my commute was far easier than usual. I hit every light and breezed into work. By the end of the week I had shaved 20% off my commute time.  I […]

Economic Commentary: March 10, 2020

March 10, 2020 10:08 am

Following yesterday’s sell off we wanted to share some thoughts and facts about the economy and the market. Lost in a new cycle filled with bad news, last Friday’s payroll report was the 113th month in a row with positive job growth here in the US. (The next closest record time period is 48 months!) […]