Blog - NJ Financial Consultants | Lighthouse Financial Advisors, Inc.

Post-Storm Cost May Force Many From Coast Life

December 4, 2012/0 Comments/by Lighthouse Financial Advisors

As many of us continue to cope with the aftermath of Hurricane Sandy, this NY Times article (http://www.nytimes.com/2012/11/29/nyregion/cost-of-coastal-living-to-climb-under-new-flood-rules.html?pagewanted=1&_r=1&ref=todayspaper&) examines the costs that could force many from coastal life. It was estimated the fewer than 30% of NY homes affected had flood insurance. FEMA states that homeowners in storm-damaged coastal areas who had flood insurance — […]

Hurricane Sandy victims can take hardship distributions, loans from retirement plans

November 20, 2012/0 Comments/by admin

We wanted to share additional information that would be useful to our clients who have been affected by Hurricane Sandy: The IRS on Friday announced that it will allow taxpayers who have been adversely affected by Hurricane Sandy to take hardship distributions or loans from their retirement plans (Announcement 2012-44). To qualify under the announcement, […]

Are You Eligible for a Tax Break from Superstorm Sandy?

November 13, 2012/0 Comments/by admin

As most of us in the tri state area returning to “normalcy” two weeks after Hurricane Sandy wreaked havoc throughout the east coast, many of you may now be contemplating the personal financial impact of the storm. The information below from MoneyMattersNJ.com should help to answer some of your basic questions. We of course encourage […]

The Inadequacy of Our National Savings

October 23, 2012/0 Comments/by Sean Lane

I found the article below intriguing. It helps explain specific issues Americans face, while preparing for retirement. It was written by John C. Bogle, the founder and retired CEO of The Vanguard Group; also known for his famous book Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor. In this article John goes […]

7 Things Clients Are Looking For

October 5, 2012/1 Comment/by admin

At Lighthouse Financial Advisors, Inc. we feel that this is directly in line with our values and business model. Each of these 7 items are always on our minds! Our continued growth due to client referrals is much appreciated and leads us to believe that we are doing a good job recognizing what YOU, our […]

The Days of the 15% Capital Gains Tax Rate are Numbered!

September 25, 2012/0 Comments/by Lighthouse Financial Advisors

Assuming congress fails to enact legislation that would further extend the 2001-2002 tax reductions, the 15% long-term capital gains rate will expire 12/31/2012. Of course, recent history suggests that no tax legislation will be forthcoming until late in the year at best. Let’s focus on what the scheduled increase in capital gains rates could mean to you… Taxpayers […]

The Evolution of an Investor

August 29, 2012/by Lighthouse Financial Advisors

Below is a profound article about a stockbroker who made it rich as a stock broker, but came to see to realize he was simply a great salesman without adding any value to his clients; only his own pockets and various companies he pushed products for. This realization led him to become a Dimensional Fund […]

2013 Tax Changes Require Thorough Year-End Tax Planning

August 27, 2012/0 Comments/by Robert Walsh

Taxpayers making more than $250,000 (married filing jointly (MFJ)), or $200,000 (single), may experience 2013 marginal tax rate increases ranging from 13% to 189% over current 2012 rates – Taxable estate of $5,120,000 will see an increase of 22,659,990.00% over 2012 – if your estate is over $5,120,00 have your food tested at all family […]

A Rewards Card Great for Your Investment

July 31, 2012/0 Comments/by Lighthouse Financial Advisors

The Fidelity Amex 2% cash back should be considered when evaluating reward credit card reward programs. Every month, 2% of your purchases are automatically credited to a Fidelity Investment account of your choosing (we usually recommend a brokerage account to ensure you don’t over fund a Retirement account). There are other rewards options for travel, […]