More than you think. Here’s why the 80% salary replacement rule is wrong. Read more »
12 Steps to Getting Organized With Your Money in 2017
The hardest part about taking control of your finances is getting started. This quick-start guide will help you take the first step. Read more »
When Pigs Fly! New Jersey Is Phasing Out the Estate Tax
The unthinkable has happened. The state of New Jersey actually passed legislation that will phase out the estate tax. Currently, New Jersey has one of the lowest estate tax exemptions in the country at $675,000. The federal estate tax exemption is over $5 million, and the exemption of most other states is at least $1 Read more »
What Donald Trump Means for Your Retirement
“For reasons I have never understood, people like to hear that the world is going to hell, and become huffy and scornful when some idiotic optimist intrudes on their pleasure. Yet pessimism has consistently been a poor guide to the modern economic world.” – Deirdre McCloskey, economic historian Is Donald Trump the end of western Read more »
7 Reasons to Leave NJ for Retirement
I love the Garden State as much as the next guy. I mean it. My college nickname was “Jersey” because I would not stop talking about how awesome New Jersey is compared to anywhere else on earth. But even diehard New Jerseyans have their limits. Between 2005 and 2014, New Jersey had a net loss Read more »
Missed our Webinar on College Savings? No Problem!
You can watch the first EVER Bodnar Financial webinar on our YouTube channel below. The topic: practical tips on how to fund a college education without blowing your retirement. The best thing you can do to prepare for college funding is sit down with a financial advisor and figure out what ratio of the options discussed Read more »
Don’t Leave Your Retirement to Luck
Planning a comfortable retirement involves more than just good luck! Did you know: According to Pew Research, the number of Americans over the age of 65 will almost double by the year 2050. Over 70% of Americans under the age of 65 believe they will receive less Social Security benefits than the government promised, or Read more »
Don’t Pay For College at the Expense of Your Retirement
Taking on temporary debt is a pain. Running out of retirement money before your child graduates is a crisis. Read more »
Don’t “Wing It” When it Comes to Retirement Planning
When it comes to your retirement, don’t “wing it.” Society doesn’t expect you to be an expert on politics, fitness, cars, home repair, or the like. Why should you have to be an expert on debt reduction, insurance, or wealth management? Bodnar Financial can start you from square one to help you determine your unique Read more »
How to Choose a Financial Planner: 5 Things That Actually Matter
You can’t practice medicine if you don’t have a degree. Unfortunately, the financial services industry can’t say the same. Read more »