Quarterly Economic Update

Doug FloroQuarterly Review, Retirement Planning

There was a lot to smile about as we wrapped up the first quarter of 2019.  The weather started to warm up and, more importantly, dry out here in southeastern PA.  The markets regained the losses we saw in 2018 and proved once again that many times the best move is to stand still when things get rocky.  You can … Read More

Update from the Admin

Nicole FloroMFB Wealth Management Events, MFB Wealth Management Updates

Spring has been upon us for a little over two weeks at this point and although the temperatures in Southeastern Pennsylvania have not been Spring-like, flowers are starting to pop up and we had our first bunny sighting.  As you look forward to warmer days and begin dreaming up vacations, we ask you to set a few dates aside on … Read More

Qualified Charitable Distributions

Nicole FloroRetirement Planning, Tips

When you reach age 70½, they can be a new way of giving. For those that are of Required Minimum Distribution age (starts at age 70.5), giving directly from your IRA to a qualified charity can be a great strategy. This is especially true with the new tax laws and higher standard deductions. If you do use this strategy, it … Read More

Can You Handle the Truth?

Doug FloroLife

“You can’t handle the truth!” This famous line is from the 1992 movie A Few Good Men. In this intense scene directed by Rob Reiner we hear Col. Nathan R. Jessup, played by Jack Nicholson shout this five-word statement at Lt. Daniel Kaffee played by Tom Cruise. Col. Jessup (Jack Nicholson) has something to do with a coverup and in … Read More

An Executor Checklist

Nicole FloroLife, Retirement Planning, Tips

As a Certified Financial Planner, CFP® I need to have education, experience, an examination, and continuing education in five major areas of planning: Investments, Insurance, Taxes, Retirement planning, and Estate planning. One important piece of estate planning is naming an executor and/or executrix to handle your affairs when you pass on from this life.  This is a very important duty … Read More

Training Our Minds

Doug FloroLife

As many of you know, I serve as a volunteer with Liberty Ministries and I have the privilege of speaking to the men at our local county prison, Montgomery County Correctional Facility, throughout the year.  Liberty’s goal is “To bring Grace, Hope, and Transformation to those broken by incarceration in the Philadelphia region.”  I’d like to share a little bit … Read More

Debunking a Few Popular Retirement Myths

Nicole FloroRetirement Planning, Tips

It seems high time to dispel some of these misconceptions. Generalizations about money and retirement linger. Some have been around for decades, and some new clichés have recently joined their ranks. Let’s examine a few. “When I’m retired, I won’t really have to invest anymore.” Society still sees retirement as an end instead of a beginning – a finish line … Read More

A Reminder from a Stuffed Toy

MaryGrace HolcombLife

Many years ago, I was enjoying a quiet afternoon at home … sort of.  The kids were away at college and my husband was still at work.  While I liked having time to myself, occasionally I thought it would be nice to have someone to chat with. I remember I went into my son’s room for one reason or another.  … Read More

How Much Do You Really Know About Long-Term Care?

Nicole FloroLife, Retirement Planning, Tips

Separating some eldercare facts from some eldercare myths.  How much does eldercare cost, and how do you arrange it when it is needed? The average person might have difficulty answering those two questions, for the answers are not widely known. For clarification, here are some facts to dispel some myths. True or false: Medicare will pay for your mom or … Read More

Mr. & Mrs. Mallard

MaryGrace HolcombLife

A pair of snowbirds arrive back into our neighborhood in the borough where we live as an early sign of spring.  It’s great to see them.  They haven’t changed one bit since they left.  He looks so dapper with his head held high in his bright green while she continues to wear her modest brown. It’s fun to watch them … Read More