Our Company Values: This is Us

Our Company Values: This is Us

By: Andrew Rosen, CFP®, CEP® Recently during our annual client event, I had the pleasure of sharing a deeper look at our organizational values.  Honestly, it felt good to share this; we carry a sense of pride and ownership to these values.  After some reflection, I...
Teaching Children about Money and Finances

Teaching Children about Money and Finances

By: Andrew Rosen, CFP®, CEP® Consider this: there is no school mandated curriculum on Money.  Crazy, right?  Personally, I learned (and subsequently forgot) almost everything from grade school – reciting the State capitals (which my 5 year old daughter knows a...
Helpful Retirement Statistics

Helpful Retirement Statistics

By: Andrew Rosen, CFP®, CEP® The lynchpin to financial planning is: When can I retire? It’s such a common question that I’ve already written a few blogs on the topic (what’s my magic number to retire and retirement tips to consider).  However,...
The 7 Steps to Negotiating a New Car

The 7 Steps to Negotiating a New Car

By: Andrew Rosen, CFP®, CEP® We all know that uneasy feeling of going into the car dealership to purchase that brand new car.  You’ve got your best game face on; you’re prepared for battle.  You tell yourself you are not walking out of there unless you’ve got...
Nobel Prize and its Impact on Financial Planning

Nobel Prize and its Impact on Financial Planning

By: Andrew Rosen, CFP®, CEP® This year the Nobel Prize in economics went to Richard Thaler on his work in behavioral economics.  He is the pioneer of the Nudge Theory, which helps explain why people make irrational decisions while also helping others exercise better...
Mega Backdoor Roth:  One Mega Strategy

Mega Backdoor Roth: One Mega Strategy

By: Andrew Rosen, CFP®, CEP® You’ve maxed out your 401(k), now what?  As clients prepare for retirement, they often look for smart ways to save additional money.  There are plenty of options for those dollars after you hit your limits. But, the question remains: are...
529 Plans – A Great Way to Invest in Your Child or Grandchild’s Future

529 Plans – A Great Way to Invest in Your Child or Grandchild’s Future

By: Andrew Rosen, CFP®, CEP® With the recent birth of my 3rd child, I figured I’d write about one of my biggest concerns these days – saving for college.  Many of our clients with children, or grandchildren, are having the same concern.  I think it is important...
Unwinding the Federal Balance Sheet: What’s it Mean & What’s the Impact on you!

Unwinding the Federal Balance Sheet: What’s it Mean & What’s the Impact on you!

By: Andrew Rosen, CFP®, CEP® The other week the Federal Reserve announced their plan to start unraveling their 4.5 trillion dollar balance sheet.  Additionally, they declared that short term interest rates will remain unchanged for the time being.  So, what does this...
12 Financial Planning Steps for Thirty-Somethings

12 Financial Planning Steps for Thirty-Somethings

By: Andrew Rosen, CFP®, CEP® Many of our client’s children are entering their pivotal 30’s from a planning perspective. These years are an interesting decade full of change and promise. You still have some youth left, but those carefree days of your 20s are firmly...
Gold: The Pros, Cons, & Our Philosophy

Gold: The Pros, Cons, & Our Philosophy

By: Andrew Rosen, CFP®, CEP® Precious metals are on the rise again. With the price of gold hovering around $1,300/ounce, we are getting a fair amount of inquiries about investing in it (and other precious metals). Generally, these questions arise when these asset...
Equifax Data Breach: One Stop Guide

Equifax Data Breach: One Stop Guide

By: Andrew Rosen, CFP®, CEP® Last week, news broke about Equifax getting hacked. As it is one of the three main credit agencies in the country, it’s a sensitive topic.  It has the potential to leave many of us vulnerable and exposed.  With that, below is what we...
The Dow/DuPont Merger: What to Expect

The Dow/DuPont Merger: What to Expect

By: Andrew Rosen, CFP®, CEP® There is little doubt – mergers can be frightening.  There’s a fair amount of complex uncertainty. Over my (and my colleagues’) financial planning careers, we’ve advised thousands of clients caught in the merger...
Your Stocks Following The DuPont/Dow Merger: The Risks & The Strategies

Your Stocks Following The DuPont/Dow Merger: The Risks & The Strategies

By: Andrew Rosen, CFP®, CEP® For over 40 years, Diversified has provided financial planning in Wilmington, Delaware. Fortunately, that has given us a heavy concentration of DuPont executive clients. Even though we’ve seen acquisitions and spinoffs through the years,...
Purchasing a Home: A Guide in 8 Steps

Purchasing a Home: A Guide in 8 Steps

By: Andrew Rosen, CFP®, CEP® Buying a home can be one of life’s most stressful events. I’ve been through it a few times myself and seen many clients do the same.  Regardless if it’s your first time, or your fifteenth, I thought a little guidance would go a...
2nd Quarter 2017 Market Commentary Video

2nd Quarter 2017 Market Commentary Video

  http://lifelongadvisors.com/wp-content/uploads/Advisor_QIR_Diversified.mp4   Subscribe to Blog Name Email Address Subscribe Download   Download View All Posts GET...
Suddenly Widowed: A Financial Guide for When Tragedy Strikes

Suddenly Widowed: A Financial Guide for When Tragedy Strikes

By: Andrew Rosen, CFP®, CEP® Sadly, death is a part of life.  It’s a time of emotional chaos.  When faced with the aftermath of tragedy, most of us find ourselves ill prepared. I’ve coached many through this unfortunate period.  I’ve even had to deal with...
What’s My Magic Number? To Retire that is!

What’s My Magic Number? To Retire that is!

By: Andrew Rosen, CFP®, CEP® Every retirement plan is unique and asks the age old question: How much do I need to retire?  It takes a lot of finesse to devise each individual’s “magic” retirement age and dollar amount.  The industry’s rule of thumb is to draw...
Financial Lessons from our Founding Fathers

Financial Lessons from our Founding Fathers

By: Andrew Rosen, CFP®, CEP® In 1776, our Founding Fathers signed the Declaration of Independence officially separating the original 13 colonies of the United States from Great Britain.  In the spirit of one of my favorite holidays, I wanted to share some lessons of...
Purchasing a House: A Great Investment or Huge Financial Planning Mistake?

Purchasing a House: A Great Investment or Huge Financial Planning Mistake?

By: Andrew Rosen, CFP®, CEP® Owning a house is one of the more tangible milestones of the American Dream. While I strongly advocate owning your own house, there is “the right time” to do so.  Oftentimes, people rush into their purchase and buying too soon....
Roth IRA Conversions: The Single Greatest Legacy Gift You Can Give!

Roth IRA Conversions: The Single Greatest Legacy Gift You Can Give!

By: Andrew Rosen, CFP®, CEP® If you are like most approaching retirement (or already in retirement) you likely have a substantial amount saved in an IRA or 401(k).  Most Americans dread knowing that the government is eagerly waiting for you to draw down these...
Understanding the Four Major Types of Annuities

Understanding the Four Major Types of Annuities

By: Andrew Rosen, CFP®, CEP® As I eluded to in a previous blog, Understanding Annuities in 5 Minutes or Less, annuities can be a complicated animal.  There are certainly circumstances where they fit a need in one’s life and so I’d like to take a few moments to educate...
Financial Planning Tips for the Twenty Somethings

Financial Planning Tips for the Twenty Somethings

By: Andrew Rosen, CFP®, CEP® Unfortunately, I’ve noticed a disturbing trend:  the lack of financial literacy amongst adults.  High schools, or colleges and universities, should make some kind of financial planning 101 course.  Heck, make it mandatory to...
9 Rules to Optimizing Your Property & Casualty Insurances

9 Rules to Optimizing Your Property & Casualty Insurances

By: Andrew Rosen, CFP®, CEP® Auto and homeowners insurance are two insurances that are often set it and forget it in an individual’s life.  I understand this isn’t always top of our minds, but we often find people aren’t taking full advantage of their benefits as they...
Market Movement & Its Effect on Me

Market Movement & Its Effect on Me

By: Andrew Rosen, CFP®, CEP® Like any 8 year bull market run, people start wondering and worrying.  “When might this end?  How does this impact the economy and spending behavior?”  This economic principle is called the Wealth Effect. The premise to the...