McNamaraOnMoney

In this episode, Mike McNamara, Ph.D., CFP®, offers an in-depth discussion on several financial topics. He defines what constitutes a true investment, contrasting it with speculative assets and illustrating his point with examples like farms and businesses. He then examines the current state of the US housing market, highlighting the affordability crisis stemming from increased prices, high mortgage rates, and limited inventory due to existing low-rate mortgages. Finally, the discussion shifts to retirement planning, addressing concerns about inflation, insufficient savings, and the significant costs of out-of-pocket healthcare and long-term care, while also cautioning against the complexities of relocating in retirement.

Michael J. McNamara, Ph.D., CFP®, is the Founder of McNamara Financial and a Certified Financial Planner. He’s semi-retired, and works with legacy clients and select others.

To schedule a visit with the team at McNamara Financial, be sure to visit:

https://mcnamarafinancial.com/contact

McNamara Financial is an Independent, family-owned, fee-only investment management and financial planning firm, serving individuals and families on the South Shore and beyond for over 30 years.

COME SEE WHAT IT'S LIKE TO WORK WITH A FIDUCIARY.

http://mcnamarafinancial.com/

This episode features financial advisor Justin McNamara and insurance specialist Guy Ziriak discussing the critical role of **income protection through insurance**. They **explore the differences between short-term and long-term disability insurance**, including how they are typically offered (employer-based vs. individual policies), their coverage periods, and the impact of premium payment on taxability. The discussion also **examines factors influencing the cost and complexity of disability policies**, such as occupation, elimination periods, and various riders. Finally, they **briefly touch upon life insurance** as another form of income protection, highlighting its general purpose and common coverage recommendations.

Justin McNamara, CFP® is a Certified Financial Planner with passion for investment strategy and selection. Works with small businesses and owners, parents of college-bound kids, job changers, pre- and post-retirees.

To schedule a visit with the team at McNamara Financial, be sure to visit:

https://mcnamarafinancial.com/contact

McNamara Financial is an Independent, family-owned, fee-only investment management and financial planning firm, serving individuals and families on the South Shore and beyond for over 30 years.

COME SEE WHAT IT'S LIKE TO WORK WITH A FIDUCIARY.

http://mcnamarafinancial.com/

Episode Title: Planning for Aging and Long-Term Care with Lara Shea

Description:

Alyssa McNamara is joined by Lara Shea, CEO of RiverMead Retirement Community and adjunct professor at Franklin Pierce University, for a deep dive into the complex realities of aging, long-term care, and healthcare planning. They discuss the misconceptions around Medicare and Medicaid, the rising costs of care, the declining availability of nursing home beds, and why families must prepare for the financial and emotional impact of aging. With insights from decades of experience, this episode offers essential guidance for anyone navigating or planning for later-life care.

https://mcnamarafinancial.com/

College, Careers, & Common Sense

This week on McNamara On Money, host Mike McNamara, Ph.D., CFP®, dives into a candid conversation about college, career planning, and making smart financial choices in an increasingly challenging world. Whether you’re a student, a parent, or a grandparent, this episode is full of practical wisdom—and a reality check—about the cost of education, the value of the trades, and how to make informed decisions that lead to financial independence.

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Michael J. McNamara, Ph.D., CFP®, is the founder of McNamara Financial. A seasoned financial planner with over 40 years of experience, Mike is now semi-retired and works exclusively with long-time clients and a select few new ones.

📅 Want to speak with the team at McNamara Financial?

Schedule a consultation today:

👉 https://mcnamarafinancial.com/contact

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McNamara Financial is a family-owned, independent, fee-only financial planning and investment management firm. For over 30 years, we’ve helped individuals and families on the South Shore and beyond navigate their financial futures with clarity, confidence, and care.

💼 Come see what it’s like to work with a fiduciary.

http://mcnamarafinancial.com

This week, join Justin McNamara, CFP® and his guest for a discussion about protecting your income in the event of disability.

Justin McNamara, CFP® is a Certified Financial Planner with passion for investment strategy and selection. Works with small businesses and owners, parents of college-bound kids, job changers, pre- and post-retirees.

To schedule a visit with the team at McNamara Financial, be sure to visit:

https://mcnamarafinancial.com/contact

McNamara Financial is an Independent, family-owned, fee-only investment management and financial planning firm, serving individuals and families on the South Shore and beyond for over 30 years.

COME SEE WHAT IT'S LIKE TO WORK WITH A FIDUCIARY.

http://mcnamarafinancial.com/

This week, join Justin McNamara, CFP® for a deep dive into what it takes to become a Certified Financial Planner.

Justin McNamara, CFP® is a Certified Financial Planner with passion for investment strategy and selection. Works with small businesses and owners, parents of college-bound kids, job changers, pre- and post-retirees.

To schedule a visit with the team at McNamara Financial, be sure to visit:

https://mcnamarafinancial.com/contact

McNamara Financial is an Independent, family-owned, fee-only investment management and financial planning firm, serving individuals and families on the South Shore and beyond for over 30 years.

COME SEE WHAT IT'S LIKE TO WORK WITH A FIDUCIARY.

http://mcnamarafinancial.com/

This week, Mike McNamara, Ph.D., CFP® for a discussion about looking at the big financial picture, and how it will affect you.

Michael J. McNamara, Ph.D., CFP®, is the Founder of McNamara Financial and a Certified Financial Planner. He’s semi-retired, and works with legacy clients and select others.

To schedule a visit with the team at McNamara Financial, be sure to visit:

https://mcnamarafinancial.com/contact

McNamara Financial is an Independent, family-owned, fee-only investment management and financial planning firm, serving individuals and families on the South Shore and beyond for over 30 years.

COME SEE WHAT IT'S LIKE TO WORK WITH A FIDUCIARY.

http://mcnamarafinancial.com/

This week join Alyssa McNamara Reed, CFP® for a discussion about Ethics in the world of finance.

Alyssa McNamara Reed, CFP®is a financial planner with passion for the intersection of taxes and investing.  Alyssa works with motivated savers, beneficiaries of estates, business owners, divorcees, and pre-retirees.

McNamara Financial is an Independent, family-owned, fee-only investment management and financial planning firm, serving individuals and families on the South Shore and beyond for over 30 years.

COME SEE WHAT IT'S LIKE TO WORK WITH A FIDUCIARY.

http://mcnamarafinancial.com/

This week join Alyssa McNamara Reed, CFP® and her guest guest Sharon McNamara of Boston Connect Real Estate for a deep dive into Real Estate.

Alyssa McNamara Reed, CFP®is a financial planner with passion for the intersection of taxes and investing.  Alyssa works with motivated savers, beneficiaries of estates, business owners, divorcees, and pre-retirees.

Sharon McNamara is a Broker/Owner of Boston Connect Real Estate (https://www.bostonconnect.com), an Empowerment T.E.A.M. Leader, and a Real Estate Sales & Marketing Advisor. As a professional full-time Real Estate Sales & Marketing Consultant and Broker|Owner & the Founder of Boston Connect Real Estate, Sharon McNamara is dedicated and commitment to continually “Serving With Excellence”. Her greatest accolade is representing Home Buyers & Home Sellers throughout the entire process by offering them exceptional service, exemplary communication and a guiding approach to educating them on current market values and trends empowering her clients to make knowledgeable decisions throughout the home buying and/or home selling process.

McNamara Financial is an Independent, family-owned, fee-only investment management and financial planning firm, serving individuals and families on the South Shore and beyond for over 30 years.

COME SEE WHAT IT'S LIKE TO WORK WITH A FIDUCIARY.

http://mcnamarafinancial.com/

This week, join Michael J. McNamara, Ph.D., CFP® and his guest Kurt Czarnowski for a dive into Social Security.

Michael J. McNamara, Ph.D., CFP®, is the Founder of McNamara Financial and a Certified Financial Planner. He’s semi-retired, and works with legacy clients and select others.

Kurt Czarnowski is currently the principal in “Czarnowski,Consulting,” a retirement planning firm which in now in its 10th year of providing “Expert Answers to Your Social Security Questions.”  (www.CzarnowskiConsulting.com)

McNamara Financial is an Independent, family-owned, fee-only investment management and financial planning firm, serving individuals and families on the South Shore and beyond for over 30 years.

COME SEE WHAT IT'S LIKE TO WORK WITH A FIDUCIARY.

http://mcnamarafinancial.com/