Monthly Insights


By Lee Sherbakoff, CPA/PFS™, CFP®, RICP® It’s no secret that for many Americans, Medicare is a significant part of their healthcare plan in retirement. Through taxes assessed on earned income, Medicare earned about $900 billion in 2020 and paid benefits to over 60 million people. (1) In fact, nearly 96% of people age 65 and older are current Medicare recipients. (2) Despite its importance, many people don’t understand Medicare or the...

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“Planning is bringing the future into the present so that you can do something about it now.”Alan Lakein – American author When many people hear the term “estate planning” they think it only applies to those who own mansions, extensive real estate holdings, and large stock portfolios.  They may recall news stories about estate battles that ensued when celebrities like Prince, Jimi Hendrix, and Michael Jackson died without a will....

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By Lee Sherbakoff, CPA/PFS™, CFP®, RICP® It’s no secret that inflation is wreaking havoc on Americans’ spending right now. Commentators and analysts have been busy discussing the dramatic rise of inflation and whether it is “persistent” or “transitory.” What may have seemed like a slight inconvenience at first is now becoming a much larger issue as people watch their buying power degrade right before their eyes. As the holiday season...

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Job growth is surging despite the deleterious impact of the delta variant of the COVID-19 virus, or for that matter, the supply chain issues brought on by demand skyrocketing.  Americans are going back to work rapidly.  The US Economy is adding nearly half a million jobs a month in 2021.   Fear of stagflation is officially dead.  Good news.  Recent data from Bloomberg reports total dividend payments from...

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“What can be added to the happiness of a man who is in health, out of debt, and has a clear conscience?”  – Adam Smith, Scottish economist, philosopher, pioneer of political economy For many people, owning a home is an essential part of the American dream, with several economic benefits.  To achieve this dream, it has been instilled in us that a mortgage is good debt, a liability that has the potential to increase your...

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“The legacy of heroes is the memory of a great name and the inheritance of a great example.“ —Benjamin Disraeli, British statesman and who twice served as Prime Minister of the United Kingdom We hope everyone had a wonderful summer and are looking forward to cooler temperatures. The momentum generated by a growing U.S. and global economy is likely to carry over into next year.  While a 2022 recession can’t be ruled...

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