Perpetually Looking Forward

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.

Thank you to everyone who joined the Women's Network and Chef Leia Gaccione for our interactive cooking experience! We had a wonderful time cooking a Thanksgiving taco recipe together and hope that you did too. Here is the webinar replay for anybody that missed the live event or wants a refresher on the process!

It’s the most wonderful time of the year! There’s a chill in the air, holiday themed lattes at Starbucks, and my inbox is jammed full of Black Friday and Cyber Monday discount emails. Thankfully, amidst the bustle of the holiday season, my phone rings more and more with requests from clients to make donations to their favorite charities, reminding me of the truly generous nature of the clients I serve.

The 2020 election has proven to be one of the most contentious in recent history. Pair this with the fact that 2020 has been anything but ordinary and you have an election year truly like no other. In our Market Insights piece published on October 7th, our Head of Investment Research Wayne Yi considers the impact that the 2020 presidential election could have on financial markets. In this piece, it is my hope to explain what each candidate’s proposed tax plans would mean for Americans. Let’s look at some of the key differences between the tax plans being presented by the two candidates leading up to the 2020 election.