Roots of Wealth

Welcome to Roots of Wealth!

Welcome to the Roots of Wealth Blog!  We are New Jersey based fee-only independent Financial Advisors.   We started this financial planning blog to help people concentrate on the things that matter and the things that they can control.  The most important thing one can control is his or her own behavior.  We will help […]

Read full story Comments { 1 }
Statue of Liberty

Celebrate Memorial Day by Honoring the Fallen Military

Memorial Day is the official start of the summer season and usually includes a barbecue and the opening of the swimming pool! We are all looking forward to warm weather. But the main celebration of Memorial Day is to take time to remember those who gave the ultimate sacrifice in defense of our nation while serving in the military. And […]

Read full story Comments { 0 }
The NY Jet defense in action

Managing the 3 Major Financial Risks

To be successful at anything, one must be able to evaluate the risks that one will encounter.  As the New York Jets entered the draft and explored off-season free agent additions this year, they are aware of the risk that they have with an unsigned and aging starting quarterback (QB).   This Jet fan was glad that the coaches have […]

Read full story Comments { 0 }
Hollywood

Hollywood and Wall Street

Hollywood is at it again.  It seems the financial services industry is a favorite topic for Hollywood writers who discuss the spectacular failures of trust that have occurred in the industry.  While these failures certainly make for good movies and television, there are many in the industry who provide a tremendous benefit to their clients and […]

Read full story Comments { 0 }
Like physical training, financial planning should be tailored to the individual goals for the individual.

Training and Planning for Your Future

Working out has never been my favorite pastime.  But like most of us, I find that it is a necessity.  There are many who do not like going to a gym, including me.  However, it can help me get motivated when I work-out with others who are enduring the same activity. Therefore,  I joined a gym. Not just […]

Read full story Comments { 0 }
Daydreamer

Are you Psychologically Prepared for Retirement?

Have you done all the planning and believe your retirement is all accounted for financially? Well that is a good start.  But have you taken the time to plan how the changes will affect you psychologically when you transition into retirement? Most major life-changing events involve an ongoing process of emotional adjustment, and retirement is no exception. Retirees must face, […]

Read full story Comments { 0 }
IMG_0773

Painting and Planning your Future

Painting a masterpiece has become available to all!  The new craze in activities is focused on painting classes for those who have never taken an art class (or at least have not painted in years).  Some of these new businesses have combined the painting with some wine and cheese and are available for individuals and […]

Read full story Comments { 0 }
Softball

Stopping Future Mistakes – Running to Third Base

I coached Little League softball for young girls for a little over a decade in Allendale, NJ.  I can still remember little Susie when she was nine years old and began playing softball for the first time.  She was nervous and the uniform was always a little too big on her. She would roll up […]

Read full story Comments { 1 }
Be Kind to Yourself

Be Kind to Yourself!

Sometimes I think that we are our own worst critics.  We can often give others great advice as problems seem easy to solve when they are not your own. We only have a small amount of time each day and it is difficult to get everything done. And often, we are angry with ourselves when […]

Read full story Comments { 0 }
Saving strategies for 401k plans

Save More Tomorrow: 401 (k) Strategies

Even when employees are lucky enough to have a 401 (k) plan offered by their employer, they are not saving enough to have sufficient funds in their savings account to maintain their lifestyles after they retire.  This sobering fact is from the Center of Retirement Research for the Wall Street Journal using data compiled by […]

Read full story Comments { 0 }
4-22-13

Will saving poor children lead to overpopulation?

This post contains two short videos from Hans Rosling who is  is a Swedish medical doctor, academic, statistician, and public speaker. He is the Professor of International Health at Karolinska Institute, a medical university in Stockholm, Sweden, and is one of the largest and most prestigious medical universities in the world. In this 3 minute video, he discusses […]

Read full story Comments { 0 }