Perpetually Looking Forward

If you’re like many successful Americans, you may find it hard to achieve the right work-life balance. Two-thirds of U.S. employees currently say they don’t believe they have a proper work-life balance while one-third say they regularly work on weekends and holidays. 

A growing number of couples and individuals today are facing the dual challenge of raising children while also providing financial and caregiving support for aging parents. Sometimes referred to as the “sandwich generation,” many of these families are dealing with both emotional and financial stress as they balance these competing responsibilities and demands.

InvestmentNews has recognized Simon Quick Advisors as a 2021 Best Places to Work for Financial Advisors. Simon Quick was chosen as one of this year’s top-75 firms based on employer and employee surveys, evaluating company culture, benefits, career paths, and more.

The price per barrel of oil fell from $60 to a NEGATIVE $35 in a matter of months last year. More than 4% of California burned during the summer wildfires, the most of any season in history. Social unrest led to tens of millions of people protesting across the country for months.

If you’ve ever thought about moving to Florida, you’re certainly not alone. Many affluent New Jersey residents have considered both the financial and lifestyle benefits of relocating to the Sunshine State.

Whether or not to pay off your mortgage early is an important decision. When you own a home, and are making regular payments, it’s natural to think about how nice it would be to eliminate mortgage payments every month. However, before you decide to put a large chunk of capital towards your mortgage, consider the following factors.

If someone told you that you had missed a critical step in your retirement planning, would you take action to remedy the problem as soon as possible? Unfortunately, many Americans have just such a planning gap in the form of long-term care, with only 1 in 5 adults making any effort toward financing their future long-term care expenses.[1] Since an average 63% of today’s 65-year-olds will require some form of long-term care during their lifetimes, it’s important to have a plan to pay for these costs.[2] Here are some factors to think about when crafting your plan, as well as a few strategies to help you finance this piece of your retirement plan. If you are not yet considering a long-term care plan, consider discussing them with your parents or any aging relatives that you are concerned about.

When I sat down to write our last edition of What's New at Simon Quick? the world was just beginning to come to grips with the COVID-19 pandemic, which continues to impact all of our lives. Since then we've witnessed nationwide protests and a U.S. presidential election like none other.