Robert J. Powalski III

06/29/2022

Money can be tough to talk about. Sometimes it feels easier to ignore financial planning and just "deal with it later." The challenge becomes, sometimes later becomes never.

The one thing none of us can get back is time. Time waits for no one.

The clock keeps on ticking, and little by little, our financial future quietly slips right through our fingertips. We don't even realize it is happening.

Next thing you know, 5 years go by....then 10....

We wake up wondering where the time has gone. wondering if we could have done something different.

We have all been here before. Maybe not regarding finances, but certainly in some area of life.

I want to change this narrative. It does not have to be this way financially!

I will be posting a series of proactive steps you can take NOW to ensure time is not wasted and you are taking charge of your financial future. You, your family AND you future deserve it.

06/15/2020

According to Fidelity, nearly a third of investors dumped all of their stock holdings between February and May. For some, that means locking in losses. Market downturns will continue to occur throughout our lifetime.
The question we should ask ourselves is, "how can I build my plan in a way so that WHEN this occurs again, I can still retire successfully."

Contact our team via the link to learn how: https://www.wsj.com/articles/investors-approaching-retirement-face-painful-decisions-11592213401

Individuals on the cusp of retirement now face perhaps one of the most difficult investing decisions they will make in their lifetimes: whether to wait out a potentially long rebound or exit the stock market altogether.

06/12/2020

By 2025 it is estimated that close to 70% of the workforce could be working remotely. Good quick read on some facts and tips:

The remote work economy in the US is booming right now. So, how do you find gigs that allow you to expand your freelance work from home.

06/11/2020

If you have ever taken an economics class, you have probably heard of the term "opportunity cost." We will all lose millions over our lifetime when these costs are considered. Learning how to mitigate these costs in a financial plan can make all the difference long term!

see photosClick for full photo gallery: Ten Financial Planning Moves For The Big Career Shift When it comes down to personal finance, one economic principal rules the roost - opportunity cost. With more household incomes stretched to the limits in the wake of the global economic slowdown, this princ...

06/10/2020

Student Loan borrowers could see some changes soon:

More relief could be on its way to those struggling with student loan debt. Here are the proposals on the table.

06/10/2020

The current state of events has lead to an increased amount of virtual meetings. Here are some quick tips on how to keep your audience engaged:

Howard Tiersky joins Barry Moltz on this recent episode of the Small Business Radio Show for an interview on engaing people on your next video call.

06/05/2020

Good insight form a 42 year old who retired early and lost $600,000 during the pandemic:

In 2012, after saving nearly $3 million, Sam Dogen quit his job in investment banking and retired at 34. Then the coronavirus pandemic hit. Here's how it disrupted his family finances and future plans.

06/04/2020

We are all facing challenges during this pandemic. Here is a good quick read on some financial mistakes to avoid during the crisis.

Now is the perfect time to address those pesky financial projects you have pushed off.

06/03/2020

One of the most overlooked elements to a financial plan is protecting income and cash flow. Without cash flow, the financial plan falls apart. Here is some good insight as to why you should protect your cash flow:

Although disability insurance is vital to financial health, it is often overlooked due to misconceptions about how it works and the likelihood of needing to file a claim.

06/03/2020

Have you thought about tapping your retirement savings? Here are some good things to know:

With more than 38 million Americans out of work, the old rules of leaving your retirement savings alone don't always apply.

06/02/2020

Worried about your credit score? Here are 3 ways to handle it during the pandemic.

During this crisis, addressing your bills with an eye toward protecting your credit will help you in the long run. Personal finance expert Megan Gorman addresses the best process to take on your bills.