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Sensible Perspectives

Should you buy or lease your car?

Posted by on March 20, 2019

Your car is one of the most expensive items you own. Costs include the purchase of the car itself, finance costs, fuel, insurance, state fees, maintenance and repairs. According to the Bureau of Labor Statistics, vehicle-related expenses were the second highest after-tax expenditure (15%) for the average US household in 2017, between housing (33%) and […]

The new year is in full swing. Know your limits and get ready to file!

Posted by on February 27, 2019

A brief tax guide and update for 2019 As you might have heard in the news recently, the Tax Cuts and Jobs Act (TCJA) was passed at the end of 2017 and many taxpayers are now filing their first return under the new tax regime. The TCJA was enacted with four goals: tax relief for […]

New Employee Profile: Gyb Spilsbury Thinks Sensible Is Just Right

Posted by on January 22, 2019

If you’ve visited the offices of Sensible Financial Planning lately, you may have noticed a new face among the bricks and artwork. Gyb Spilsbury, a recent graduate of Union College in New York, started as an Associate Financial Advisor on October 1st. Sensible’s newest team member is enjoying his new position and his new city. […]

What You Owe John Bogle, Iconic American Inventor

Posted by on January 22, 2019

This article first appeared on Forbes.com. Modern Portfolio Theory, the work of Markowitz, and Sharpe, and many, many others, is the foundation of how we think about finance and financial markets. Both Markowitz and Sharpe won the Nobel prize in Economics, and many of their intellectual descendants have done so as well. One of the […]

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

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 created a hypothetical […]

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 […]