Rick M at computer

Sensible Perspectives

Is a CCRC worthy of having me as a resident? – Part 2

Posted by on January 15, 2019

Additional questions to help you decide if a CCRC is right for you In a previous article, I suggested questions to ask a CCRC finance team member about the community’s long-term financial viability to determine whether it’s the right place for you. Chances are, by the time you sit down with the salesperson, you’ve already […]

How You Can Apply The Serenity Prayer To Your Financial Life

Posted by on December 17, 2018

Photo courtesy unsplash This article originally appeared on Forbes.com. God, grant me the serenity to accept the things I cannot change, Courage to change the things I can, And wisdom to know the difference. -Reinhold Niebuhr I often see families who could benefit from more serenity in their financial lives. To illustrate this concept, I […]

What does it take to retire early?

Posted by on December 14, 2018

Early retirement and the concepts of high savings rates, deliberate frugality and reducing one’s working hours continue to seep into the mainstream. Blogs like Mr. Money Mustache, Early Retirement Extreme, and the FIRE (financial independence, retire early) movement have become a topic of frequent conversation in the media and among many in their 30s, 40s […]

Raising Cash – A Deeper Look

Posted by on December 13, 2018

Filling a one-time need for cash from your Sensible-managed portfolio takes a little time. While you may be able to withdraw cash immediately from your bank account, an investment account is different. Allow me to fully explain this step-by-step process. The process begins when you contact your advisor with your cash request. Perhaps there are […]

The IRS Announced Higher 401k And IRA Contribution Limits For 2019 – How Much Should You Save?

Posted by on November 27, 2018

This article originally appeared on Forbes.com. On November 1, the IRS announced cost of living increases to IRA and employer plan contribution limits for 2019. The IRA annual limit increased from $5,500 to $6,000; the employer plan limit (applicable to 401(k)s, 403(b)s, most 457 plans and the Federal Government’s Thrift Savings Plan or TSP) increased […]

The Importance of Creating a my Social Security Account

Posted by on November 14, 2018

For at least a year now, Sensible Financial has been advising its clients to create and then “lock down” their my Social Security Account. This account is located on the Social Security Administration’s web site, www.ssa.gov. Since September 29, 2018, your my Social Security account has been the only way to apply for Social Security and Medicare benefits online. Whether you are creating this account, or logging into an account you previously created, the web site […]

Is this CCRC worthy of having me as a resident?

Posted by on November 14, 2018

Click here to see my previous articles on CCRCs. Part 1 – How financially strong is the community? When our clients consider moving to a Continuing Care Retirement Community, they usually ask the advisor whether they qualify financially. It’s equally important to determine whether the CCRC under consideration is financially qualified to have them as […]

Diane Shea Retires from Sensible Financial to Begin a New Adventure

Posted by on November 14, 2018

Eight and a half years ago, Sensible Financial had four employees. Diane made it five. Since then, the firm has more than doubled both in clients and in staff, and Diane has helped make that possible. She’s been the smiling face you see as you enter the Sensible Financial offices and the welcoming voice on […]

New Art at Sensible Financial

Posted by on October 30, 2018

At Sensible Financial, providing an inviting space for our clients and employees is a high priority. Working in or visiting comfortable and attractive surroundings inspires creativity and helps foster a positive attitude. The deCordova Museum’s Corporate Art Loan Program offers us the opportunity to display beautiful pieces from New England-based contemporary artists. This fall, we […]

Freezing Your Credit

Posted by on October 29, 2018

Freezing your credit is now free (and probably makes more sense than ever) In April I wrote an article about the steps Sensible Financial takes to protect our clients’ information along with actions you can take to protect yourself, such as using strong passwords and enabling multifactor authentication where possible. A newly-passed law now makes it easier to protect your credit information. Earlier this […]