“Now, this type of thing, happens all the time…” -Snoop Doggy Dogg In “Gin and Juice”, Snoop Dogg breaks down everyday life in the LBC (Long Beach City) and while the life of a financial advisor is not near as wild as that of a young Snoop Dogg, there’s plenty of drama in the FPC (Financial Planning Community)… The Drama…
“We never should have done it, and the regulators never should have allowed it,” Thomas McInerney, president and chief executive of Genworth Financial Inc. since 2013, says of the pricing strategy. “That’s crazy.” Over half of my clients fall into the Baby Boomer category, and over the years I’ve had conversations around long-term care (LTC) insurance with many of them. A few of them decided…
There will be NO change to your 401(k). This has always been a great and popular middle class tax break that works, and it stays! — Donald J. Trump (@realDonaldTrump) October 23, 2017 Over the weekend we learned of a proposal floating around D.C. to significantly reduce maximum 401(k) contributions to help fund tax cuts. The specifics were not shared,…
In just a few weeks, approximately 2,800 Eli Lilly employees will receive an early retirement incentive offered through Lilly’s Voluntary Early Retirement Program, or VERP. For Eli Lilly employees evaluating the current VERP, this post comes a little late–applications were turned in a couple of weeks ago and those accepted into the program will find out around November 1st. But,…
This past Saturday, 65 of RL Wealth Management’s clients and their family members were at my house to celebrate the end of summer at the annual RLWM Cookout. While hosting that many people might make some anxious, the day of the cookout is easily one of my favorite days of the year. I consider myself fortunate to be in a…
Social media, specifically Twitter, has been instrumental in the success of RL Wealth Management. It may come as a surprise, but the impact on my firm has not been attracting clients, but it has been the opportunity to connect with other like-minded advisors across the country. As a solo advisor, being able to network with advisors helping change the landscape…
I’m currently reading a book, Ego Is The Enemy, which made writing today’s post more difficult than I expected. It made me question the purpose of this post: was it for myself–to feed my ego, or was it provide value to my readers? Ultimately, I decided that writing this post was not to serve my ego, but to mark a milestone,…
The majority of my social media, this blog included, tends to be targeted to Millennials, although the subject matter is applicable to everyone. Today, I’m flipping the script; I’m writing for the Baby Boomers, but I still want my Millennial readers to take note. I’m sharing this video in hopes of inspiring one person, just one person, nearing retirement to…
Can’t get enough? Make sure to follow my firm, RL Wealth Management, L.L.C., on Instagram and Facebook, and since you’re at it, follow me on Twitter. You’ll get even more content, a behind the scenes look at RLWM, and the occasional family post–these might be the best. RL Wealth Management Instagram @RLWealthManagement RL Wealth Management Facebook @RLWealthManagement Twitter @Jus10Castelli …
“We are entering an era in which we’re going to have to create a society of life long learners” -Ben Sasse Ben Sasse’s commentary in the Wall Street Journal addresses a very important topic, one I’m not sure the majority of the public is thinking about. We are experiencing a fundamental change in our economy, and this type of transition…