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Retirement Account Minimum Distributions Suspended

The recently enacted CARES Act suspends the requirement that most retirement account owners take a distribution from their accounts for 2020. There are some exceptions, of course. And if you’ve taken an unwanted distribution, there are some opportunities to roll that money into another tax-deferred account. The suspensions generally apply to inherited IRAs. Unfortunately, an […]

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A Financial Planner’s New Rhythm

As 2015 comes to a close, I’m taking stock of my first calendar year as a self-employed, fee-only, Certified Financial Planner™ in Washington, DC. For me its been all about establishing a new “rhythm.” I needed a new rhythm because my daily activities changed. Gone was the structured environment of a government policy maker and […]

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5 Tips to Claim the Most Social Security Over Your Lifetime

Are you thinking of retiring and trying to figure out how to maximize your Social Security benefits over your lifetime?  Glance through these five tips and you’ll be in a better position to understand how you can claim the biggest lifetime benefit based on your (and your spouse’s) work history. For a bit of history, […]

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Four Tips to Ensure Sufficient Auto Insurance Coverage

Here are four tips you can use to determine whether you have sufficient auto insurance coverage.  In the grand scheme of things, you want your auto insurance policy to protect your assets in the event you are in an accident with serious bodily injury.  This protection, however, should be at the lowest cost possible. The […]

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Use a Downward Staircase to Guide Your Purchase of Term Life Insurance

Many young families need term life insurance protection because they now have mortgages to repay, children to support, and college educations to fund. So how do you decide how much coverage you need? This question can be vexing because as you grow older, you are saving more money, paying down your mortgage, and setting aside […]

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mike wroblewski certified financial adviser

Tips for Hiring a Financial Planner

I have recently been asked to present the basics about personal financial planning and what to look for in hiring a financial planner. In short, a personal financial plan pulls your whole financial life together in one place. By doing so, it allows you to get a good picture of where you are right now. […]

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13 Socially Responsible Funds Worth a Look

Several clients have asked me to help them identify social responsible investing alternatives. They wanted to live their beliefs. I thought there had to be publicly available resources to help screen mutual funds focused on socially responsible investing. I also wanted to make sure that under the guise of social responsibility, my clients didn’t choose […]

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