Alan J. Mendlowitz, RICP

On behalf of ABMM Financial and Security Benefit
I was able to deliver a $250 gift card to Lauren Scalici of Teaneck Community Charter School .
Thanks to co presidents of the local union Geoff Keitel and Jean Kupfer for joining the picture and everything they do for the union.

Life insurance can help you prepare for the unexpected. Talk with me today about protecting your family’s future.

Who can benefit from life insurance? Everyone! Contact me today to get started.

If anyone in your life depends on you financially, this may be for you. Let’s talk about your options.
#2023

At least he is thinking about it.
Are You?

Part 3 - Many uses of Life Insurance.

https://www.financialadvisoryservices.net/post/the-many-uses-of-life-insurancepart-3-business-continuity

The many uses of life insurancePart 3 – Business Continuity Alan J. Mendlowitz, RICP, CRES As a business owner, you have a lot of responsibilities to manage. One of the most important things you can do is to plan for the unexpected, especially when it comes to the continuity of your business. Life insurance can be a useful tool in this regard, helping to ens...

Part 2 of the Life Insurance Blog Series.

https://www.financialadvisoryservices.net/post/the-many-uses-of-life-insurancepart-2-estate-planning

The many uses of life insurancePart 2 - Estate Planning Alan J. Mendlowitz, RICP, CRES Life insurance can be a valuable tool when it comes to estate planning. It can help provide for your heirs and minimize the tax burden on your estate. In this blog, we will discuss how life insurance can be used as part of an estate plan. What is Estate Planning? Estat...

The Best Times to Buy a Car During Your Busy School Year Use this car-buying guide for teachers and school employees to find the best deals when you’re the least stressed.

Another blog series begins. Don't worry my other blog series will continue!

https://www.financialadvisoryservices.net/post/the-many-uses-of-life-insurance-part-1-the-basics

The many uses of life insurance: Part 1 – The Basics. By: Alan J. Mendlowitz, RICP, CRES Life is unpredictable, and there is no way to know what will happen in the future. As a responsible individual, it is important to plan ahead and protect your loved ones in case of any unfortunate circumstances. One of the most important ways to provide financial s...

“Multitasking Money” is live with Part 2 of my debt discussion… Good Debt:



In our last blog we discussed debt in general and things that can be bad debt. In this blog we explore what can possibly be considered good debt. At the end we will review the key points to guide you to spotting good debt."


https://www.financialadvisoryservices.net/post/multitasking-money-part-4-b-is-debt-good-or-bad-cont

Multitasking Money Part 4(b) Is Debt Good or Bad (cont) Good Debt vs. Bad Debt? Part 2: Good Debt Alan J. Mendlowitz, RICP, CRES The only way to get rich is to start with more money.” -John D. Rockefeller In our last blog we discussed debt in general and things that can be bad debt. In this blog we explore what can possibly be considered good debt. At ...

The latest instalment of my blog series, ”Multitasking Money”, is now available! In this two-part discussion, I talk about debt, both bad and good. Part 1 focuses on Bad Debt, what it is and what to avoid:



“The word ‘debt’ is a loaded term. It triggers feelings of fear, anxiety, and guilt in most people. Debt can seem like an inevitable downfall…but the truth is, some debt helps us build our futures…however, there is one type of debt that should be avoided at all costs: bad debt."

Read more @
https://www.financialadvisoryservices.net/post/multitasking-money-part-4-a-is-debt-good-or-bad

Multitasking Money Part 4 (a) - Is Debt Good or Bad? Good Debt vs. Bad Debt? Part 1: Bad Debt Alan J. Mendlowitz, RICP, CRES "Bad debt is a crushing weight that drags down not just the individual but the whole economy." -President Barack Obama Introduction The word “debt” is a loaded term. It triggers feelings of fear, anxiety, and guilt in most p...

Enjoyed reading to two classes at Hawthorne Elementary in Teaneck, New Jersey yesterday!😀

Piggy and Gerald are always fun!

Teaneck Public School District

ABMM Financial
Security Benefit

I had a blast reading to a first grade class in Englewood Public School District.
The kids all gave me high fives after we read Hop on Pop by Dr Seuss!
😀





ABMM Financial
Security Benefit
NEA Member Benefits

Retirement planning is about more than just saving and investing for the future. It's also about ensuring that your assets are protected and passed on to your heirs in the way you intended. That's where estate planning comes in.

Estate planning involves creating a plan for how your assets will be managed and distributed after your death. It's an important part of retirement planning, as it can help ensure that your wishes are carried out and that your loved ones are taken care of.

When creating an estate plan, it's important to consider a number of factors, including:

Your goals and wishes for your assets
Your family situation and relationships
Tax implications and strategies for minimizing taxes
Strategies for managing assets in case of incapacity
Potential legal and financial issues that could arise
Working with a financial advisor who specializes in estate planning can help you navigate these complex issues and create a plan that meets your unique needs and goals.

Estate planning is not only for the uber wealthy. Most people need it.

I can help you create a comprehensive retirement plan that includes estate planning. Schedule a consultation with us today to learn more about how we can help you protect your assets and plan for the future.

Don't wait until it's too late to start estate planning. Schedule a consultation at www.FinancialAdvisoryServices.net/calendar today!

Planning for retirement can be overwhelming, but you don't have to do it alone. Working with a financial advisor can help you create and implement a retirement plan that meets your specific needs and goals.

A financial advisor can provide a range of services, from helping you create a budget and manage debt, to designing a retirement income strategy that takes into account your goals, risk tolerance, and time horizon.

Some benefits of working with a financial advisor include:

Expertise: A financial advisor has the knowledge and experience to help you navigate complex financial issues and make informed decisions.
Objectivity: A financial advisor can provide an objective perspective on your finances and help you avoid emotional decision-making.
Accountability: A financial advisor can help you stay on track and hold you accountable to your financial goals.
When choosing a financial advisor, it's important to look for someone who is trustworthy, experienced, and has your best interests in mind. Ask about their credentials, experience working with clients like you, and their investment philosophy.

Schedule a consultation with me today to learn how I can help you create a personalized retirement plan that meets your unique needs and goals.

Don't wait any longer to take control of your financial future. Schedule a consultation at www.FinancialAdvisoryServices.net/calendar today!

Inflation is a silent but powerful threat to your retirement plans. It's the gradual increase in the cost of goods and services over time, and it can have a significant impact on your retirement income.

As prices rise, your money buys less and less. This means that you need more money each year just to maintain your standard of living. Inflation can also reduce the purchasing power of your retirement savings and make it harder to keep up with rising costs.

To manage inflation risk and protect your retirement income, it's important to have a diversified portfolio that includes a mix of stocks, bonds, and other investments. Stocks, for example, have historically provided higher returns over the long term, which can help offset the effects of inflation.

It's also important to plan for inflation in your retirement budget. This can be done by estimating the amount of money you'll need each year in retirement, based on your expected expenses and the inflation rate.

Finally, consider seeking the guidance of a financial advisor. They can help you understand the impact of inflation on your retirement plans and provide strategies for managing inflation risk and protecting your retirement income.

Don't let inflation put your retirement plans at risk. Schedule a consultation with at www.FinancialAdvisoryServices.net/calendar - today. I can help you create a diversified portfolio, plan for inflation, and achieve your retirement goals."

Living below your means is a critical component of successful retirement planning. By reducing your expenses now, you can increase your savings and have more money to use in retirement.

The first step in reducing your expenses is to understand where your money is going. This can be done by creating a budget and tracking your spending. Once you have a clear understanding of your expenses, you can identify areas where you can make cuts and reduce your spending.

Some common strategies for reducing expenses include:

Eating at home instead of dining out
Limiting non-essential purchases like clothes, electronics, and entertainment
Negotiating bills for services like cable, internet, and phone
Eliminating debt and avoiding new debt
Living below your means also allows you to increase your savings, which can be invested to grow your retirement nest egg. Setting aside a portion of your income each month, even if it's just a small amount, can have a big impact over time.

Remember, living below your means doesn't mean you have to sacrifice your quality of life. By being mindful of your spending, you can live a fulfilling life without breaking the bank.

Ready to learn more about living within your means and achieving your retirement goals? Schedule a consultation at www.FinancialAdvisoryServices.net/calendar. I can help you create a budget, reduce your expenses, increase your savings, and achieve your retirement dreams.

Don't wait any longer to take control of your financial future. Schedule a consultation at www.FinancialAdvisoryServices.net/calendar - today!"

Social Security is a crucial component of most people's retirement plans, but it can be complex and confusing. Understanding how it works and what factors affect the amount you'll receive is key to maximizing your benefits.

Social Security is a government-run program that provides benefits to eligible workers and their dependents. The amount you receive is based on your earnings history and the age at which you claim benefits. Factors that affect your benefits include your earnings history, the age you claim benefits, and the year you were born.

To maximize your benefits, it's important to understand your options and make informed decisions about when to claim benefits. For example, waiting to claim benefits until after your full retirement age (currently 66 or 67, depending on your year of birth) can increase the amount you receive each month.

In addition to maximizing your benefits, it's important to factor Social Security into your retirement plan. This can help ensure that you have enough income to meet your expenses and maintain your standard of living during retirement.

Ready to learn more about Social Security and how it fits into your retirement plan? Check out my presentation at https://www.financialadvisoryservices.net/videos

Don't wait any longer to take control of your financial future. Schedule a consultation at www.FinancialAdvisoryServices.net/calendar - today!"

I have never heard of plum pudding! There are things we all have never heard of. When it comes to financial and retirement planning - the same is true. One value of an advisor is their knowledge and creativity in helping you achieve your goals.

Reach out to speak to me anytime!

Www.financialadvisoryservices.net/calendar



https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwjalbnvx5D9AhUhD1kFHTo-BnsQFnoECA0QAQ&url=https%3A%2F%2Fwww.pinterest.com%2Fbsharvey%2Fnational-plum-pudding-day-february-12%2F&usg=AOvVaw38jX0hOY5ZZExT6ez0PN60

National plum pudding day, february 12 Discover bsharvey's collection, National plum pudding day, february 12

Diversification is a critical component of successful retirement planning. By having a mix of different types of investments in your portfolio, you can reduce risk and increase your chances of reaching your goals.

There are several types of investments to consider, including stocks, bonds, mutual funds, and real estate. Each type of investment carries a different level of risk and return, so it's important to understand the differences and choose the right mix for your goals and risk tolerance.

One common strategy is to allocate a portion of your portfolio to stocks for growth, bonds for stability, and real estate for income. This can help balance risk and return and provide a consistent stream of income in retirement.

To determine the right mix for you, consider your goals, risk tolerance, and investment time horizon. It's also a good idea to seek the advice of a financial advisor who can help you create a customized strategy to meet your needs.

Ready to diversify your retirement portfolio? Schedule a consultation with me at www.FinancialAdvisoryServices.net/calendar. I can help you understand the different types of investments, choose the right mix for your goals, and create a strategy to help you reach your retirement goals.

Don't wait any longer to take control of your financial future. Schedule a consultation at www.FinancialAdvisoryServices.net/calendar today!

What does your lifestyle look like?

Retirement planning is all about creating a secure financial future, but what does that future look like for you? Before you start planning, it's important to understand your retirement goals.

Think about the lifestyle you want to have during retirement. Do you want to travel, buy a second home, or pursue a new hobby? Consider how much those goals will cost and how much you'll need to save each month to achieve them.

There are many types of retirement plans available, including 401(k)s, IRAs, and annuities. Each has its own unique features and benefits, so it's important to understand the differences and choose the one that best fits your needs. Factors to consider when choosing a retirement plan include tax benefits, investment options, and fees.

Ready to get started? Take control of your financial future and schedule a consultation with me at www.FinancialAdvisoryServices.net/calendar. I can help you understand your retirement goals, choose the right plan, and create a customized strategy to help you reach your goals.

Don't wait any longer to start planning for your future. Take the first step today and schedule a consultation at www.FinancialAdvisoryServices.net/calendar

"Starting early is the key to securing a comfortable retirement. The earlier you begin planning for retirement, the more time you have to save, invest, and grow your nest egg. But how do you get started?

First, determine your retirement goals. Ask yourself how much you'll need to save each month to reach those goals and how much you can realistically afford to set aside. Then, take advantage of any employer-sponsored retirement plans, such as a 401(k) or an IRA. If your employer doesn't offer a retirement plan, consider opening an IRA on your own.

Next, start contributing to your retirement plan as soon as possible. Even small contributions can add up over time and the power of compounding can work in your favor. If you're just starting out, try to save at least 10% of your income each month. As your income grows, gradually increase your contributions to reach your goal.

Finally, stick with it! Consistency is key when it comes to retirement planning. Make it a habit to contribute to your retirement plan each month and review your goals and investments regularly to ensure that you're on track.

Don't wait until it's too late to start planning for retirement. The earlier you start, the better off you'll be in the long run. For more information on retirement planning, check out my evolving website and blog @ www.FinancialAdvisoryServices.net or schedule a meeting with me @ www.FinancialAdvisoryServices.net/calendar

Link to schedule a call on my calendar in the comments!😀

Marzipan is a creative way to make a snack look like almost anything!
In honor of National Marzipan Day let's celebrate the multiple creative ways to save for retirement.
https://www.bankrate.com/retirement/best-retirement-plans/

This probably includes almost all retirement planning solutions as opposed to the 9 best!
Schedule a time to speak with me after you read it @ https://www.financialadvisoryservices.net/calendar

9 Best Retirement Plans In December 2022 | Bankrate Diverting a portion of your paycheck into a tax-advantaged retirement savings plan can help grow your wealth for your golden years.

Happy Marzipan Day!
My kids will not eat any of these things. We have bad experience with Marzipan.
But good luck to you!
https://www.cdkitchen.com/recipes/articles/view/417/1/National-Marzipan-Day.html

National Marzipan Day - Fun Food Holiday | CDKitchen Find out when National Marzipan Day is and some neat trivia about it.

one more for stretch day...
This list works, but certainly is not very fun.
Planning ahead to have more than you need and not have to live with to many limitations is even better!
Schedule you free consultation with me @ www.FinancialAdvisoryServices.net/calendar

https://www.entrepreneur.com/business-news/14-ways-to-stretch-your-retirement-savings/429766

Calendar | Alan J Mendlowitz, RICP, CRES Start your journey today. Schedule a time to meet with Alan via phone, zoom or in person.

In light of Streching Day (see my last post)...
let's learn how to stretch ourselves to reach our goals!
This article is old - but still works.

https://money.usnews.com/money/retirement/articles/2012/04/30/8-ways-to-motivate-yourself-to-save-for-retirement

8 Ways to Motivate Yourself to Save for Retirement Retirement researchers are examining what causes us to save for the future.

I don't make these things up!
Enjoy!

https://www.stretchzone.com/post-news/announcing-the-first-annual-national-stretching-day/

Announcing The First National Stretching Day! | Stretch Zone The National Day Calendar has recognized Stretch Zone’s incredible mission by establishing December 11th as National Stretching Day.

to serve the and who got them this far as the Specialist.

Congratulations to the many Seniors of Dwight Morrow High School for being accepted during our Instant Decision Day! Over $770,000 in scholarships were awarded to our soon to be graduating class!