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    Expert Advice Without the Sales Pitch

    As a fee-only financial planner and CFP®, I provide independent, expert guidance to help young families and those nearing retirement plan for their financial future.

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financial advice from Mike Wroblewski

Welcome to Financial Advice for You!

This blog is dedicated to providing financial advice that you can use. Although generic financial planning information abounds, this blog addresses concerns of professionals early in their careers and those nearing or at retirement. After over five years of providing personal financial planning services to a variety of clients in different situations, I have developed […]


More Flexible Thrift Savings Plan Withdrawals

Congress recently enacted changes to the Thrift Savings Plan (TSP) that will give federal retirees flexibility to withdraw money from their accounts. These changes are helpful. But getting your TSP money will still not be as flexible as in the private sector. In the private section, IRA distributions can be made in different amounts, at […]


Shop for Your 2018 DC Health Plan

Savings opportunities abound for 2018 DC health plans despite premium increases from 2017. On average, premiums for health insurance in the individual market increased 15.4% from 2017. These increases, however, mask the variation in the rates among insurers and among plans. Some premiums will rise by 8.0% from 2017 while others will rise 25.2%. The increases […]


4 Tips to Simplify Your Finances

You can simplify your finances by making a few changes to cut the clutter and streamline your monthly bill paying. Your finances should be easy to administer with few moving parts. Most people have too many accounts that makes it hard to monitor. They also don’t have a systematic way to pay their bills and […]


Freeze Your Credit Reports Now

Use these steps to freeze your credit reports at the three major credit reporting agencies:  Experian, Equifax, and TransUnion. By now you’ve heard about the massive data breach at Equifax. Information (including Social Security numbers) from 143 million consumers was potentially compromised by the agency entrusted with your personal information. I’m over being outraged. Protect yourself […]

Six Tips to Repay Student Loans

Use these six tips to repay your student loans. They address issues that recently surfaced about student loan servicers. The lawsuit by the Consumer Financial Protection Bureau against Navient, a large student loan servicer, highligted several features that federal student loan borrowers should know. Navient’s response to the CFPB’s lawsuit tellingly says they have absolutely […]


Carefirst’s 2018 Health Plan Premiums Distort Consumer Decision-Making

Carefirst’s 2018 health plan premiums for DC Health Link plans are unnecessarily high, discriminatory, and likely to distort consumer decision-making. The expected number of buyers of the plan, and not the plan’s features, drives the proposed premium increases. DC should review Carefirst’s 2018 premiums with an eye towards how consumers buy health insurance. Consumers view […]


New DC 529 Plan is a Missed Opportunity

The District of Columbia recently revamped its 529 College Savings Plan. The new plan offers lower cost investment options than the old plan’s offerings. DC also eliminated the high-cost advisor sold option! These changes are a welcome improvement. DC, however, missed an opportunity for its 529 plan to become the low-cost leader. And I don’t […]