The countdown is over! Families everywhere are excited to enjoy the summer sunshine. During summer break, many families have the opportunity to go on a much-needed vacation. However, for some families they must begin the search for adequate child care. When considering child care, it is important to weigh the options that best fit [...]
Does Age Matter? The most frequent question that gets asked is, when is the best time to retire? The current average retirement age in the United States is 62.3 years for women and 64.6 years for men. The age that you do end up retiring will affect your finances. Determining the right age for [...]
Retirement is a process, not an event. There needs to be planning, preparation, adjustments and monitoring. Aside from the financial aspect, there is also a mental preparation that needs to happen, and most individuals do not plan for this part. Ultimately, the goal is to retire TO something, not FROM something. What am I [...]
Did you know that there is good debt and bad debt? Good debt is debt that you incur that will increase your overall net worth, while bad debt depletes your net worth. Good debt includes mortgages, home equity loans, and student loans. Bad debt includes credit cards, and sometimes auto and personal loans. While [...]
The equity market witnessed a sector rotation in May from Utilities to Technology stocks as investors took on greater risk on a market backed by a strong labor market. The S&P 500 Utilities index was down 6% while the Nasdaq composite index was up 6% for the month. Utilities fell due to the probability [...]
A common misconception that some people make is that gambling and investing are the same. This idea can become amplified during hard market times or economic downturns. No matter the reason, there are significant differences between the two, particularly in the ability to manage and mitigate your risk. Two essential investment concepts that deal with [...]
Often times I hear many associate running a marathon as two races: the first half with your head and the second half with your heart. However, in my practice, races are made up of many parts regardless of the distance. While no race is the same, some you may find a rhythm immediately. Others, [...]
On a daily basis, I seem to be having conversations my clients, my own family members and friends about ageing. My baby boomer Mother is constantly lamenting about her various woes and fears as she edges towards her golden years. The general theme amongst many I know is avoidance, fear and talk of taking [...]
The 21st century has ushered in a digital revolution that has made our lives more connected and convenient than ever before. In the age of Internet banking, online shopping, and digital currencies, we've embraced a new level of accessibility to our finances. However, as our lives become increasingly entwined with the digital world, the [...]
In the ever-changing world that surrounds the stock market and economy in general, the team at John G. Ullman & Associates is committed to keeping you informed and up to date on the latest news and events that could affect you! Each month, Mark Abdalla, CFA®, MBA, will recap the news and events that [...]
