Resources

Newsletter

(to educate, inform and amuse)

Sign up for our monthly newsletter here.

 

Stock Market Fluctuations

The current wild fluctuations of the stock may be causing concerns about your investments. It’s easy to forget about the profits accumulated over time and focus on the losses. You might worry that your retirement is in jeopardy and that you will never make up again. With much uncertainty and the current world in chaos, […]

Read more...

The Dreaded “B” Word

It’s February, the ground hog saw his shadow, so there are 6 more weeks of winter. One way to make the most of those dreary days is to review your financial plan; specifically, the core of your finances: your income and spending. You are going to need much of this information for tax season anyway, […]

Read more...

Resolutions and Habits

If you are like us, a new year is always prompting us to think about what we can (should) do differently. However, a 2023 poll from Forbes Health found most people give up resolutions after less than  our months, only 1% said they lasted for 11 or 12 months. Nearly half of Americans make New […]

Read more...

The Spirit of Giving

This time of year, while we are buying our gifts for our friends and family, we might want to think of those less fortunate than we are. The combination of inflation, wars and political changes has increased the number of needy and needy causes in the world. Being charitable can also help reduce our taxes, […]

Read more...

It’s that time of year…

The holidays are coming and so is the year‐end, it’s time to do your tax planning. The top of your list will vary according to your age and where you are in your career, whether you are retired or still accumulating funds. Here you will find some reminders. We hope it helps you to ask […]

Read more...

Medicare D – drug plan changes for 2025

As most of you on Medicare know, the annual enrollment period is from October 15 to December 7, when all people with Medicare can change their Medicare health plans and prescription drug coverage for the  following year to better meet their needs. Starting October 1, you can compare coverage and costs for all the plans […]

Read more...

How to avoid an argument over your will

The stories are legendary, families fighting and never speaking again or siblings resenting siblings after their parents have died and they think their portion of the inheritance is “not fair” or “equal”. Several clients have asked us: How do we avoid resentment over our will and how to talk to our children about it? We […]

Read more...

Age‐difference matters

Retirement can be challenging for any couple with differing views about when, where, and how to retire. However, when there is a large age gap between partners, additional complexities arise. Couples with a significant age gap must plan for a much longer combined retirement period. Age plays a crucial role in financial planning because whether […]

Read more...

Disability Insurance: protecting your most valuable asset

Did you know you are more likely to be disabled for at least 90 days before age 65 than to die? Despite this, many people either don’t have disability insurance or rely solely on their employer’s coverage. Often, those relying on employer‐provided insurance haven’t read the policy due to its complexity. Even those who purchase […]

Read more...

Alzheimer’s/Dementia: Sharing our research

Frequently clients share concerns about an aging parent, grandparent, or friend who seems to be acting differently and not be their normal self. We had questions ourselves and set out to learn more about the topic; we want to share some of our findings. It’s natural to worry about a loved one—or even ourselves—as we […]

Read more...

Seniors fail Retirement Income Literacy 101

A recent report by the American College of Financial Services shows that older Americans scored an average of 31% on a financial literacy test and for their knowledge about Social Security (33%) and Medicare (42%); these scores out of a 100% are considered abysmal. There have been governmental efforts to improve literacy through improved Social […]

Read more...

Luesink Stenstrom Financial  |   475 Park Avenue South, Suite 2100, NY, NY 10016 USA   |   (212) 405-1609   |   info@LuesinkStenstrom.com

Disclaimer   |   ADV Part 2   |   ADV Part 3   |   Privacy Policy