Amin Dabit, CFP®

ETF vs. Mutual Fund: What’s the Difference?

ETF vs. Mutual Fund: What’s the Difference?

When constructing an investment portfolio, you’ll probably include a variety of stocks and bonds among the securities you purchase. Stocks and bonds can be purchased individually or as part of a bundle of securities known as a mutual fund or an exchange...
How Much Life Insurance Do You Really Need?

How Much Life Insurance Do You Really Need?

People need insurance for many different reasons. Adequate insurance coverage, or lack thereof, can have a huge impact on your financial life and long-term goals. One of the most common – and most important – types of insurance people choose to purchase is...
Understanding Sequence Risk

Understanding Sequence Risk

If you are like lots of investors, you’ve probably never heard of sequence risk — also called sequence-of-returns risk — but it is a particularly pertinent concept for those nearing or just entering retirement. Simply put: Sequence risk refers to the order...
What to Consider When Buying a Vacation Home

What to Consider When Buying a Vacation Home

Do you dream of escaping it all to your very own luxury cabin in the mountains? Or maybe your ideal escape is a beach-side bungalow overlooking the ocean. Regardless of what your idea of a dream vacation retreat is, buying a vacation home is often called...
How To React During Market Volatility

How To React During Market Volatility

As investors across the globe have seen, the market had a bumpy ride this week. The market experienced another selloff this week amid President Trump’s threat to impose tariffs on China, and the downturn has many investors nervously awaiting news on a trade...
The Average 401k Balance By Age

The Average 401k Balance By Age

401ks are one of the most common investment vehicles that Americans use to save for retirement. For most of us, the 401k is an employer-sponsored plan that allows you to save for retirement in a tax-sheltered way (up to $19,000 per year in 2019) to help...
How Much Money Do I Need to Retire Comfortably?

How Much Money Do I Need to Retire Comfortably?

Like most people, you’ve probably wondered, “How much income will I need during my retirement years?”. You’ve also probably wondered why you never seem to run across an answer to that ubiquitous question. So how much do you need to ensure you can retire...
Retirement Goals by the Decade

Retirement Goals by the Decade

Starting to plan early around your retirement goals is a crucial ingredient for success. Creating a plan early sounds straightforward enough, but decision-making can be complicated when it comes to your financial life. Retirement planning – and indeed...
When Does a 529 Plan Make Sense for College Planning?

When Does a 529 Plan Make Sense for College Planning?

Since they were first established in 1996, Section 529 savings plans have become a popular tool used by parents to save for future college expenses. One reason 529 plans are so popular is the tax breaks they allow. As long as funds are used to pay for...