Many investors are completely unaware of the amount of inherent risk in their investment portfolios. My job is to make sure you aren’t caught unprepared for the next gut-wrenching market correction. Now is the time to ask the question “How far can your investments drop in this market correction?” Once you understand how much of […]
Read moreThe majority of our focus when dealing with our money is on our spending and savings. Our common view is that we will save over a long career to build up our 401k and other investment accounts so that we can retire one day. This is necessary and wise but there is much more to […]
Read moreInvesting can seem intimidating and overwhelming. But you don’t have to just cross your fingers and hope for the best. 1. MANAGE YOUR EMOTIONS Behavior is a major factor in investment success. By being aware of your emotions and knowing your behavioral pitfalls, you can avoid many investment mistakes caused by panic. Finances are an […]
Read moreWhat’s Taught: Pick winning Stocks Find superior money managers Time Markets Financial Press What Matters: Reduce Expenses Diversify portfolios Minimize Taxes Discipline
Read moreA tax-focused financial advisor has the experience and expertise to help you make the most of your initial capital investment into the business. They can help you assess the viability of your business model and outline strategies and timelines for your path to profitability. Here are some of the ways a financial advisor can ensure, accelerate, […]
Read moreWithin the financial service industry, there is no higher form of achievement than sales to medical practitioners during and after their years in residency. The insurance and financial industry have understood for years that graduates from medical school, regardless of their chosen field of expertise, have a potential for significant income over their lifetime. The […]
Read moreYour tax exposure will change throughout four stages of retirement, you’ll need a strategy that anticipates both traditional taxes AND possible taxes, surcharges, and penalties related to Social Security, Medicare, and other income sources. That means you’ll need an informed and proactive plan that addresses how you create your income in retirement. My goal is […]
Read more1. MED SCHOOLS DON’T TEACH DOCTORS ABOUT PERSONAL FINANCE. Doctors are pretty much forced to learn financial planning and investing the hard way since there’s no other way to develop the skills and experience to feel confident when managing their personal finances. A good financial planner, particularly one who likes to educate their clients, can […]
Read moreThe SECURE Act and the changes it brings, particularly to retirement rules. Funding your retirement is likely one of the biggest financial challenges you will encounter in your entire life. As if that weren’t enough, the government has all sorts of rules about how you can save your money, and when you can or can’t […]
Read moreINTELLIGENT HIGH-INCOME PROFESSIONALS TEND TO MAKE THE SAME MISTAKES WHEN IT COMES TO MAKING A DECISION ABOUT THEIR FINANCES. Here are 3 rules that all physicians can live by in order to make sure they avoid these mistakes and reach financial independence. Rule # 1 Focus on Saving a 20% Percent of Your Income If […]
Read moreShore Financial Planning is a fee-only financial advisor based in Monmouth Beach, New Jersey. As a fee-only/commission-free/flat-fee financial planner, I do not sell products or collect commissions. I am a fiduciary financial planner that specializes in tax-focused planning as a CERTIFIED PUBLIC ACCOUNTANT (CPA), and CERTIFIED FINANCIAL PLANNER™ CFP® professional. I serve clients in New Jersey and remotely throughout the U.S.A.