Goodwill is moving some thrifting online

By Anne D’Innocenzio
Posted on November 14, 2022

Goodwill is expanding its online presence, promising high-tech features from digitized receipts to personalized alerts. Last month, the 120-year-old Maryland-based nonprofit organization launched — a shopping venture that is making roughly 100,000 donated items available for purchase online. It’s expanding Goodwill’s internet presence that, until now, had been... READ MORE

Best ways to invest in the current market

By Elliot Raphaelson
Posted on November 03, 2022

Investors in both the stock and the bond markets are understandably nervous. The Federal Reserve has indicated that, until inflation is under control, it will continue to increase interest rates. As long as that happens, it is likely that both bond prices and stock prices will remain under pressure and may continue to fall in value. Most investors are not sure what action, if any, is... READ MORE

Five ways to feel rich (even if you aren’t)

By Kimberly Palmer
Posted on October 26, 2022

In some ways, feeling “rich” is less about how many zeroes you have in your bank account and more about knowing how to use them to get what you want out of life. For author and certified financial planner Tom Corley, feeling rich comes from having an Irish pub-style structure in his back yard in New Jersey that allows him to invite friends over for outdoor drinks. For Liz... READ MORE

Steps to take after a loved one passes

By T. Eric Reich
Posted on October 24, 2022

The death of a loved one is obviously a difficult event to endure. It can become all-consuming, often at the expense of other day-to-day matters that need to be addressed. With the death of a loved one, there are so many phone calls that need to be made and letters that need to be sent. Unfortunately, sometimes we simply get overwhelmed with everything that needs to get handled, and we... READ MORE

How to avoid back and neck pain at work

By Jill Henderzahs-Mason
Posted on October 21, 2022

Dear Mayo Clinic: My work requires me to be on a computer much of the day, and over the past few months, I’ve noticed more frequent headaches, and pain in my lower back and neck. Could my workspace be responsible? If so, how can I fix it? A: Sitting and working at a desk — perhaps a makeshift one at home — is one of the most common causes of this type of pain. First take... READ MORE

New rules improve college-savings plans

By Shane W. Cummings
Posted on October 19, 2022

Did you know that Americans owe nearly $1.75 trillion in student loan debt? This staggering number is spread out among 48 million borrowers. But as a grandparent, you can help your children and grandchildren mitigate this by contributing to a 529 plan. A 529 plan is a tax-advantaged savings plan designed to encourage saving for future education costs. According to a recent survey by... READ MORE

How to pick good trustees and executors

By Richard M. Ricciardi Jr.
Posted on October 12, 2022

In preparing estate-planning documents, one of the biggest challenges that people encounter is deciding who to appoint as their trustees, powers of attorney, healthcare surrogates and executors. Here are some practical tips to help guide you: 1. Give preference to those who have the most time to devote and live nearby. Lots of my clients have very accomplished children who are... READ MORE

How to take advantage of a down market

By T. Eric Reich
Posted on October 04, 2022

Nobody likes a down stock market — or do they? Almost every conversation I have had with clients this year included some amount of fear over where the markets are and where they are headed. The concerns range from losing a few more percentage points (possible) to losing 100% of their money (absurd). If an investor in a moderate portfolio lost all their money because the stock market ... READ MORE

Things to teach grandkids about money

By Barbara Shapiro
Posted on September 30, 2022

What are the most important lessons you can teach your children or grandchildren about money? How we act later in life often can be directly correlated with what we learned earlier in our youth. Here are a handful of things to teach the young ones you love: The value of money We probably all heard the line “Money doesn’t grow on trees” over and over when we grew up. But kids need ... READ MORE

Planning to retire in the next 3-5 years?

By Julie Virta
Posted on September 28, 2022

It may take decades over the course of a career to save for retirement, but there is a small and defined window of time leading up to one’s golden years that is exceptionally critical when it comes to planning. I often work with my clients three to five years ahead of their anticipated retirement to fine-tune their plan, reviewing everything from financial expectations, probable... READ MORE