Steve Kostyk Financial Advising

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Two weeks, three countries, and more airports than I can count later, I just got back from a trip that still doesn’t fee...
06/05/2026

Two weeks, three countries, and more airports than I can count later, I just got back from a trip that still doesn’t feel real.

My fiancée and I spent our vacation moving through a pretty full route across the UK, Italy, and Albania.

We left from Philadelphia on the 13th and headed to London, where a 10-hour layover gave us the chance to explore the city for the first time. From there, we continued on to Tirana that same day.

After all of that travel, the pace slowed down a bit. We spent a day in Tirana walking around, exploring local family-owned shops and businesses, and relaxing at a few cafés.

Then we flew into Bari and made our way to Monopoli, where we took in the stunning coastline, deep blue water, and rocky beaches tucked between the cliffs of southern Italy.

We stayed there for three nights before heading back to Bari for a night, then returning to Tirana to pick up a car and drive down the coast of Albania.

In Himarë, we explored some incredible beaches and took a boat tour through secluded beaches and caves. We even met another couple from Philly along the way.

From Himarë to Sarandë, we visited the Langarica Canyon hot springs, which are natural hot springs built into what feels like a natural hot tub.

Our Airbnb in Sarandë had a beautiful balcony view of Corfu, and it was honestly one of the prettiest views I have ever seen.

It was a lot of movement, a lot of airports, and a lot of hours on the road, but the experience was beyond worth it.

I’m grateful for the time away, the change of pace, and the chance to share it with someone who makes even the long travel days feel easy.

06/04/2026

Are you someone who wants to retire early?

This often opens up a lot of additional questions:

What does early mean?
What will you do with your time?
Where will income come from before retirement accounts are easily accessible?
How will healthcare be handled?
What happens during a bad market?
Are you retiring from something or toward something?

Early retirement can be a great goal.

But it usually requires more than just hitting a number.

For anyone pursuing financial independence or early retirement:

What feels like the biggest challenge?

Choose One:

A. Saving enough
B. Healthcare
C. Taxes
D. Lifestyle planning
E. Market uncertainty
F. Figuring out what life looks like after work

06/03/2026

👨‍👩‍👧‍👦A family business can be one of the most rewarding assets to build.

But it can also be one of the hardest assets to transition.

The next generation may want in.
Or they may not.
Some family members may work in the business.
Others may not.
The parents may want fairness.
The business may need leadership.
The estate plan may need liquidity.

This is where “equal” and “fair” can become two very different conversations.

I’m curious for business owners and families:

💡What do you think is the hardest part of family business succession?

Choosing the next leader?
Treating children fairly?
Creating liquidity?
Letting go of control?
Or getting everyone to talk honestly?

06/01/2026

I’ve noticed with families that estate planning can get uncomfortable fast.

Not because parents do not care, but usually because they care a lot.

The challenge is to treat children equally.

But “equal” is not always simple.

One child may be involved in the family business.
One may need more financial support.
One may be better with money.
One may live nearby and help out more often.
One may already have received financial help in the past.

This is where estate planning becomes more than just legal documents.

It becomes a family communication issue.

And in many cases, the hardest conversations are not about money itself, but about expectations, fairness, and family dynamics.

Do you think parents should discuss their estate plan with adult children ahead of time?

✅Yes, to avoid surprises?
❌No, because it creates conflict?
🤔Only in certain situations?
⚖️Or only with the help of an attorney/advisor?

We’ve hit the time of year where many students are graduating.As mine did, many parents want to help their child financi...
05/29/2026

We’ve hit the time of year where many students are graduating.

As mine did, many parents want to help their child financially.

Maybe with student loans, a business idea, a house, childcare, or even just getting through a tough transition.

The initial instinct to help is understandable.

But how does a guardian help without creating dependency, resentment, or putting their own future at risk?

This is where money and family dynamics overlap.

My question to you is:

When parents help adult children financially, what should they consider the most?

Their own retirement security?
Whether help is a gift or loan?
Fairness among siblings?
If helping delays a problem rather than solves it?

One of the most common financial tensions I see has nothing to do with income.It is cash.I’ve spoken with people who hav...
05/26/2026

One of the most common financial tensions I see has nothing to do with income.

It is cash.

I’ve spoken with people who have built up a large amount of savings.
They know it may be more than they realistically need sitting on the sidelines.
They understand inflation may slowly erode its value over time.📉

But they still hesitate to move it.

And honestly, I understand why.

Cash feels safe.

From a financial planning perspective, it may look inefficient.
But from an emotional perspective, it may be the thing helping them sleep at night.

That is why personal finance is personal.

Not every financial decision is purely mathematical.

I’m curious how others think about this:

How much cash is “too much” to keep on hand?🤔

05/22/2026

📂At some point, a collection of investment accounts can quietly turn into financial clutter.

I’ve met many people who have several investment accounts.

A 401(k), Roth IRA, brokerage account, old employer plan, maybe some individual stocks.📊

Each account made sense when it was opened.

But years later, they wake up one day realizing there is no clear overall strategy.

It’s not necessarily that anything is wrong.

The issue is usually that the accounts are operating independently instead of working together with a purpose.

This happens a lot.

And honestly, this is where DIY investing💼can start feeling more complicated than people expected.

At what point does managing your own investments become difficult?

When the balances get larger?
When there are multiple accounts?
When taxes become a bigger factor?
When retirement gets closer?
Or when life gets more complicated?

I would love to hear various perspectives on this.

As someone who works in finance, one thing I’ve learned is that building wealth can actually be surprisingly simple.One ...
05/21/2026

As someone who works in finance, one thing I’ve learned is that building wealth can actually be surprisingly simple.

One of the biggest factors is not trying to “time the market” 📈or pick the perfect investment.

It is time itself.🕰️

A Roth IRA may not feel life-changing when you first start contributing.

But the earlier someone begins, the more powerful long-term tax-free growth can become.

For example, assuming a hypothetical 8% annual return, $1,000 invested today would grow to roughly $10,000 over 30 years through the power of compounding. At a 10% rate of return, it could even be as much as $17,000.

Want to see what your own investments could look like over time? Test out the investment calculator and explore how consistent investing and compounding can help grow your money.
https://bit.ly/4o1kg49

I’ve noticed that many people understand the importance of investing, but still delay getting started because:

They think they need a lot of money upfront.
They want to wait until they make more money.
Or retirement simply feels too far away to prioritize.

But often, getting started early matters more than getting started perfectly.

I want your opinion on this:

What is the biggest reason people wait to invest in a Roth IRA?

I’m curious to hear from anyone who has retired, is close to retirement, or has helped someone through it.Retirement pla...
05/20/2026

I’m curious to hear from anyone who has retired, is close to retirement, or has helped someone through it.

Retirement planning is not always about whether someone can retire.

Sometimes it is about whether they are emotionally ready to retire.

I have seen people who could retire but are nervous to stop working.

I have also seen people who want to retire immediately, but have not fully thought through what the next chapter looks like.

The math matters, of course.

But so do identity, purpose, routine, health, family, and confidence.

What do you think is the hardest part of retirement planning?

The money?
The healthcare decisions?
The change in identity?
The fear of running out?
Or figuring out what to do with your time?

05/19/2026

Here is a planning✍️situation I think people underestimate:

Someone receives an inheritance.

The natural reaction is to want to “do something” with it right away.

Pay off debt. Invest it. Upgrade the house. Keep it in cash. Help family. Take a trip✈️.

All understandable.

But sometimes the best first move is not a financial one.

It is slowing down.

Inherited money usually comes with emotion attached to it. Grief, guilt, pressure, responsibility, family opinions, and sometimes fear of making a mistake.

I’m curious what you think:

When someone receives a meaningful inheritance, what should they do first?

Pay down debt?
Invest it?
Keep it in cash for a while?
Talk with family?
Meet with professionals?

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