Great Points

It is not uncommon for a client to inherit a home from a parent or close relative that may not have had children of their own.  In many cases, they already own a home of their own and they ask me what they should do with a second home.  In this episode, we will discuss the options to consider when inheriting a home and the pros and cons of each option. 

If you work for a publicly-traded company you may have the option to buy your company stock.  Often times a portion of your bonus or 401k match can be tied to company stock.  The question is what should you do with it? In this episode, we will discuss how company stock can fit into an overall plan and how to avoid some common mistakes when it comes to company stock ownership. 

Every client I have worked with has personal challenges and roadblocks that they need to deal with, however overall they are fortunate for their financial position in life.  If you have ever had the feeling that you are fortunate for what you have and would like to give back then this is the episode for you.  The 1st question most clients ask is can I afford to be charitable.  The next obstacle is with over 4,000 non-profits on the North Shore of Boston alone it can be an intimidating task of trying to decide what causes to volunteer for or donate to.  To help provide some insight and guidance when it comes to community engagement and charitable giving, Beth Francis, CEO of Essex County Community Foundation (www.eccf.org) will join us to answer some questions on the topic.  

If you have been employed for any stretch of time you have probably had to deal with this topic and the impending panic that can follow.  In this episode we will discuss some ideas to reduce the stress and be proactive in your planning for unpredictable events such as being laid off. 

For many parents who have worked hard, saved some money for retirement, and paid down their mortgage it is not uncommon to have a net worth over a million dollars without feeling like you have a lot of money.  Despite the feeling, with this type of net worth, decent social security income sources, and a modest lifestyle it is likely there will be some funds left over for your heirs.  I get a number of questions on what we should be doing to safeguard the assets or prepare our kids for the time when we pass.  In this episode, I will discuss some common planning discussions and questions you should ask yourself to develop a plan that aligns with your goals. 

Empty nesters looking for a change, elderly parents aging in place, college grads struggling to launch, a global pandemic that has kept families apart. All of these factors have created a dialogue with regards to flexible housing options to accommodate a multi-generational audience.  With that in mind, I have invited a guest, Maura Allard, to lend her expertise and experience to the discussion.

One asset that is not always discussed in a financial plan is one’s health and well-being.  In today’s episode, we will discuss the cost/benefit of proactively investing in your health from eating habits, lifestyle choices and exercise, and training options. To help with the discussion, I have invited an expert in the field to lend his expertise and useful tools to develop your approach to investing in your health.  

You just returned from your favorite vacation spot and are back at work on Zillow, checking out what you could buy in the area.  If this sounds familiar, this is an episode for you.  I will discuss common conversations with clients regarding the idea of buying a 2nd home and the affordability and practicality of the idea.  I will also address common mistakes people make when jumping into a 2nd home too quickly or with the wrong plan in place.