David DePalma, CFP , CRPC, Certified Financial Planner TM professional

07/25/2023

Investing in your child's future can be smart, but it's essential to do it purposefully. By starting early and consistently investing for the long term, parents can help their children achieve a student debt-free future, comfortable homeownership, and options in retirement. You can read this article to learn about three investment options for generational wealth. Let's invest in our children's future and give them the confidence and skills to build wealth for themselves and their future generations.

Happy young family getty Many parents are looking for ways to give their kids a bright future. While money can’t necessarily buy happiness for our

10/28/2022

On September 23rd, my beautiful wife, Elizabeth, and I were married in New York City. What an amazing day!

11/11/2021

We salute our veterans and active military members who have given so much and continue to do so to ensure our freedoms are protected. Happy Veterans Day.

10/11/2021

Want to retire as a millionaire? Consider these strategies that can help you maximize your retirement savings over the next several decades.

Everyone doesn't need $1 million for retirement. But you might, if you don't have a lot of guaranteed income sources after you've stopped working or think you'll have high expenses. Saving for this goal can seem intimidating. But with some planning, hard work, and discipline, it can be done. Here's....

06/29/2021

Building up savings now can help ensure that when your children get a little older, they won't have to worry as much about student loans or where their next rent payment is going to come from. Learn about five accounts to help you save for kids.

The question of how to save money for kids has led to its fair share of sleepless nights and sour stomachs. There's just so much to figure out: How do I save for college? What accounts are best for creating a small nest egg for my kid? All the questions are good to ask because failing to give kids a...

06/16/2021

We all need to be saving for retirement, but there are so many options it can be overwhelming. Read more to learn the benefits of different types of retirement accounts.

At some point, most of us realize that we need to start saving for retirement. For some, it comes from seeing the struggle of a parent or a grandparent trying to make ends meet on Social Security alone. For others, it comes from a vision of a great retirement, or even retiring early. In any case, sa...

06/07/2021

The right level of investing risk can be difficult to determine. It's unique to your situation and could change over time. Ask yourself these five questions to figure out your risk tolerance right now.

The more risk you take when investing, the more potential there is for your accounts to grow. But on the flip side, the riskier your investments, the more they could suffer if the market turns against you. Finding the optimal level of risk you should take on is unique to you and could change over ti...

05/28/2021

We remember and honor the brave women and men who made the ultimate sacrifice in defense of our freedoms to protect our way of life.

05/21/2021

Taking on crippling student loan debt isn't the only way to get a college education. Consider these five ways to save money on college.

When you hear student loan debt has reached $1.7 trillion collectively nationwide, it's easy to forget about the actual people who deal with this burden every day of their lives. Plenty of borrowers have monthly payments they can easily afford, yet others have so much debt they worry they'll never p...

01/27/2021

The 2021 Tax Facts At-a-Glance is an informative and practical summary of current income, and estate and gift tax rates. Also included are contribution limits for qualified plans and IRAs.