Planning as a Process with Larry Sprung on the Money Savage Podcast

One of the most searched phrases on search engines today is “How Much Do I Need For Retirement?”.  I recall people when I was growing up saying that you need $1MM saved in order to live comfortably in retirement, was that true and/or is there a new number today?   This is a very c …

Volatility has been consistent throughout the COVID-19 pandemic. One other constant I have heard is, stay the course. Staying the course during an event like this may very well be the right advice, but I think there is another variable that needs to be looked at to help confirm that this is …

Required Minimum Distributions (RMDs) have been suspended for the tax year 2020. This was originally announced as part of the Cares Act when the pandemic first hit and was signed into law on March 27, 2020. There was a provision in the act that suspended all required minimum distributions f …

So you’ve found your dream house and you’re ready to make an offer, but how do you make sure your offer stands out among all the others? How do you make your offer more appealing? Whether you’re dealing with a competitive housing market or a cautious seller, getting your offer accepted requ …

One little known fact is how a bear market received its name. A bear, when attacked or going after its prey, will use its paw and motion downward to defend itself or get its prey. Bear markets are a fact of life and one part of an overall market cycle. It has been over ten …

In 1996 the Small Business Job Protection Act created 529 Plans, also known as “qualified tuition plans”. This account which allows taxpayers a tax-advantaged way to save for education expenses for a designated beneficiary, after 24 years, might be the account that most know nothing about. …

Mitlin Financial, Inc. is pleased to announce that Rosealba “Rose” Hosten has joined us as the newest member of our team. Rosealba comes to us with over fourteen years of experience as an Executive Assistant in the financial industry.  She will be overseeing many of the day to d …

Investing is not something you can simply do in a vacuum and the goals of your portfolio should be tied to an overall financial plan. Overall, markets have been on the rise for the last ten years plus, but there certainly have been some hiccups along the way including the most recent effect …

Over the last few weeks, the world has come to see how broken our system truly is. People of all colors have flocked to the streets to let their voices be heard and to demand that the change starts now. This fundamental change has to come at all levels and across all industries. As a …

Debt is something that is talked about frequently. There are many types of debt and they could include a mortgage, credit card, auto loans, student loans, and personal loans. This not a fully exhaustive list, but covers some of the more widely used types of debt. It is fairly common for mos …