Category Archives: Finance

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23. 6 Things We Tell People in Their 60’s with Alex Neri



Financial planning in your 60s is often considered by advisors to be the most important stage of your planning for your retirement. 

But many are confused by contradicting pieces of advice from various different sources.

In this episode, David Pulcini speaks with Alex Neri, CFP®, RICP®, partner at SixPoint Financial Partners, about six pieces of financial advice he would give to clients in their 60s. Alex also includes one BONUS piece of advice that was too important to leave out. 

Alex discusses: 

  • How Social Security plays plays a huge role in your planning in your 60s
  • What Medicare decisions you need to make, and when the “cut-off” is
  • Whether long term insurance will cover your medical expenses in the future
  • Making the most of your pension 
  • How to plan your inheritance properly 
  • And more

Resources:

Connect with David Pulcini: 

Connect with Alex Neri:

About our Guest: Alex Neri is dedicated to helping people meet their financial goals through in-depth discussions and planning. He is a 2014 graduate of Mercyhurst University-Erie, PA where he earned a bachelor’s degree in Finance. He enjoys taking complex issues and breaking them down into simple and manageable financial goals. Specializing in working with individuals and families as Alex works to help them properly manage their retirement assets, develop risk mitigation strategies and uncover and resolve portfolio inefficiencies.


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22. 6 Things We Tell People in Their 50’s with Anthony Ruffalo



Are you in your fifties? How do you feel about your financial situation right now?

While you’re in your fifties, your life is starting to have some new milestones, and big financial and life changes are on the horizon. Are you looking at retirement soon? Are you going to sell your house after the kids move out? Should you start to move your money and investments around into new accounts?

In this episode, David Pulcini gets real about financial advice for people in their fifties, and answers the questions above, with Anthony Ruffalo, CFP®, owner of Ruffalo Wealth Management. David and Anthony share some advice to help you prepare for your final years working, starting retirement and all the decisions that surround this time in your life.

David and Anthony discuss:

  • How to figure out your retirement income targets
  • The importance of developing a long-term care plan, even if you don’t think you’ll use it
  • How to identify income gaps when you transition into retirement
  • How downsizing your home might make you hundreds of thousands of dollars
  • How the sequence of return risk could be what makes or breaks your bank account
  • And more

Connect with Anthony Ruffalo:

Connect with David Pulcini: 

About our Guest: Anthony Ruffalo is a CERTIFIED FINANCIAL PLANNER™ Practitioner. The CFP® certification is a voluntary certification; no federal or state law or regulation requires financial planners to hold a CFP® certification. It is recognized in the United States and a number of other countries for its (1) high standard of professional education; (2) stringent code of conduct and standards of practice; and (3) ethical requirements that govern professional engagements with clients. Currently, only 62,000 individuals have obtained CFP® certification in the United States.

Anthony holds the series 24, 7, 66 securities licenses through LPL Financial as well as Life, Health, Long Term Care, Medicare Supplement, and Annuity licensures.


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21. 6 Things We Tell People in their 40’s



Planning for retirement in your forties can be incredibly stressful and overwhelming, which is why many people put off planning for their retirement until they no longer can. This can have financially damaging effects on the future. 

In this episode, David Pulcini covers six major points of financial planning that anyone in their forties needs to hear. These six points will help you to shape a retirement plan today that works for your future tomorrow. 

David discusses: 

  • How to determine how much you will need after retirement
  • How to take full advantage of tax breaks you might not be aware of 
  • How to know if you have the right insurance to take care of you and your family if tragedy strikes 
  • And more

Resources:

  1. “The Importance of Estate Planning — With Attorney Jerry Antetomaso”

Connect with David Pulcini: 


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20. 6 Things We Tell People In Their 20’s and 30’s with Jesse Cramer



When you are in your 20s and 30s, a lot of figuring out your finances is trying to figure out where you stand—and what you need to do to achieve your goals.

In this episode, David Pulcini and Jesse Cramer share six pieces of advice tailored for people in their 20’s and 30’s to help you understand your finances. They focus on tips to help you get a better understanding of what you need to be doing now to start preparing for a better future. 

David and Jesse discuss: 

  • Why setting smart goals is one of the most important steps to achieving your aspirations
  • How to set up investments that will make you money in the future
  • The three categories of debt and which one you need to pay off now
  • How to set up a budget that works for your life
  • And more

Resources:

Connect with Jesse Cramer:

Connect with David Pulcini: 

About Jesse Cramer: 

Jesse is the founder of The Best Interest Of Financial Literacy Company. He focuses on personal finance and investing education using weekly articles and podcasts episodes. He is currently an engineer and writer living in Rochester, NY, interested in in-depth, technically-challenging engineering applications, especially those utilizing finite element analysis and Matlab. He is currently working as a Systems Engineer on optomechanical assemblies.

Coming up in the fall of 2021, he hopes to expand to teaching in the classroom in the greater Rochester schools and colleges.


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19. Everything You Need to Know About Medicare with Catherine Glenning



Medicare can be there to help you pay for unexpected medical costs in the future, but oftentimes the process can be confusing, and it can be easily mixed up with other healthcare plans. 

In this episode, David Pulcini speaks with Medicare specialist Catherine Glenning to tell you everything you need to know about Medicare planning. Catherine and David set you up with the information you need to know to understand and make the most of this complex program. 

David and Catherine discuss: 

  • The different parts of Medicare
  • Different government plans that affect your Medicare eligibility and your level of coverage 
  • How you can fill the gaps in Medicare coverage
  • When you should start looking into Medicare planning
  • And more

Connect with Catherine Glenning:

Connect with David Pulcini: 

About our Guest:

Catherine Glenning has received her Medicare Certification and NYS Healthcare License to assist her clients navigate the complex Medicare rules. 

Catherine received her Bachelor of Arts degree from St. Lawrence University with a double major in Economics and History. After working on Wall Street for several years, she moved to the Czech Republic with her husband Steve and helped with the privatization after the fall of Communism. She moved back to Rochester and worked for an Investment Management firm in Client Servicing and Portfolio Administration for over 10 years.

She lives in Pittsford, NY with her husband and three children. She has been very active in several volunteer organizations, especially the Pittsford PTSA and was recognized for her commitment with a PTSA Lifetime Achievement Award. She works diligently to ensure her clients have the best medical coverage based on their needs.


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18. Medicaid Planning 301, Part 3 of Medicaid with Ken Kraus



Do you know the four factors you should be aware of when applying for Medicaid? They are your age, health considerations, personal finances and your own personal motivation behind applying in the first place.

In part three of this mini-series, David Pulcini and Ken Kraus look into a lot of the most common questions they are asked by people setting up their Medicaid, and help you to start planning for the future today.  

David and Ken discuss: 

  • The four factors that affect your eligibility for Medicaid in the future 
  • How giving money to your kids might affect how much you could be eligible for 
  • Why annuities can make this whole process harder than it already is
  • The three types of gifting that could affect your Medicaid 
  • And more

Resources:

Connect with David Pulcini: 

About our Guest: Kenneth R. Kraus is a partner of the firm Evans Fox, and a graduate of the SUNY at Buffalo Law School and a graduate of Canisius College in Buffalo, New York. Ken is an active member of the Trust and Estates and Elder Law Sections of the New York State and Monroe County Bar Associations, the Estate Planning Council of Rochester, NY, and the National Academy of Elder Law Attorneys, Inc. 

Ken works with families to help them understand the complexities of long-term care financing, including Medicare, Medicaid, home care and nursing home planning. Ken helps individuals and families prepare their estate plan, including Wills, asset protection Trusts, Supplemental Needs Trusts (SNTs), Powers of Attorney and Health Care Proxies. He also assists with the probate process including the preparation of income, fiduciary, gift and estate tax returns and the sale of real estate.


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17. The Importance of Proper Medicaid Planning With Ken Kraus — Part 2



As we get older, the realities of what it takes to plan for long-term care sets in. But as people start to realize how complicated the process can be, they wait too long and run out of time. This leads to difficulties trying to secure the funding they need for their loved ones or themselves.

In part two of this mini-series, David Pulcini and attorney Ken Kraus continue their discussion about Medicaid and long-term care planning. David and Ken take a closer look at exactly what you should be doing to proactively protect your assets and ensure your loved ones get the care they need.

David and Ken discuss: 

  • Understanding the often complicated eligibility rules when applying for Medicaid and long-term care
  • The initial three steps you might not know about when it comes to Medicaid planning 
  • The difference between your exposed and exempt assets, and how that is key to finding out what exactly is protected 
  • A quick look into what the Medicaid application process looks like
  • And more

Resources:

Connect with David Pulcini: 

About our Guest: Kenneth R. Kraus is a partner of the firm Evans Fox, and a graduate of the SUNY at Buffalo Law School and a graduate of Canisius College in Buffalo, New York. Ken is an active member of the Trust and Estates and Elder Law Sections of the New York State and Monroe County Bar Associations, the Estate Planning Council of Rochester, NY, and the National Academy of Elder Law Attorneys, Inc. 

Ken works with families to help them understand the complexities of long-term care financing, including Medicare, Medicaid, home care and nursing home planning. Ken helps individuals and families prepare their estate plan, including Wills, asset protection Trusts, Supplemental Needs Trusts (SNTs), Powers of Attorney and Health Care Proxies. He also assists with the probate process including the preparation of income, fiduciary, gift and estate tax returns and the sale of real estate.


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Episode 16: The Importance of Proper Medicaid Planning With Ken Kraus — Part 1



Now more than ever, people are concerned about their financial health and wellness, and whether they will be protected if an unexpected crisis should occur. But for many, understanding the Medicaid eligibility rules can be even more complicated. 

In part one of this mini-series, David Pulcini speaks with attorney Ken Kraus about the importance of proper Medicaid planning. David and Ken walk you through some of the initial steps you need to take to ensure your financial safety in the event of a crisis.

David and Ken discuss: 

  • What Medicaid is and how an attorney can help you with the benefits
  • What you can do to protect your assets from unexpected costs that come with crises
  • The difference between reactive and proactive planning
  • The importance of proper financial planning when it comes to applying for Medicaid
  • And so more valuable information you need to know! 

Resources:

 Connect with David Pulcini: 

About our Guest: Kenneth R. Kraus is a partner of the firm Evans Fox, and a graduate of the SUNY at Buffalo Law School and a graduate of Canisius College in Buffalo, New York. Ken is an active member of the Trust and Estates and Elder Law Sections of the New York State and Monroe County Bar Associations, the Estate Planning Council of Rochester, NY, and the National Academy of Elder Law Attorneys, Inc. 

Ken works with families to help them understand the complexities of long-term care financing, including Medicare, Medicaid, home care and nursing home planning. Ken helps individuals and families prepare their estate plan, including Wills, asset protection Trusts, Supplemental Needs Trusts (SNTs), Powers of Attorney and Health Care Proxies. He also assists with the probate process including the preparation of income, fiduciary, gift and estate tax returns and the sale of real estate.


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Episode 15: The Ultimate Guide to 403(b) Plans — With Matt Drummond



What is a 403(b) plan and how does it work?

Find out with David Pulcini and guest Matt Drummond, national sales director at PCS Retirement, LLC, as they answer your questions and concerns about 403(b) plans and share the most common mistakes their clients make when planning for retirement!

In this episode, you’ll learn:

  • The answers to your commonly asked questions about 403(b) plans
  • Common mistakes clients make in 403(b) plans
  • Potential 403(b) plan horror stories
  • Trends and shifts in 403(b) plans
  • And more!

Tune in to discover more about 403(b) planning today!

Resources: Connect with David on Linkedin | SixPoint Financial Partners | Connect with Matt Drummond on Linkedin | Matt’s Email

Securities offered through American Portfolios Financial Services, Inc.(APFS) Member FINRA /SIPC. Investment Advisory Services offered through American Portfolios Advisors, Inc. (APA)an SEC Registered Investment Advisor. Six Point Financial is not affiliated with APFS and APA.This material is for informational purposes only. Neither APFS nor its Representatives provide tax, legal or accounting advice. Please consult your own tax, legal or accounting professional before making any decisions.


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Episode 14: The Importance of Estate Planning — With Attorney Jerry Antetomaso



Why is estate planning such an important part of your overall financial plan?

In this episode, David Pulcini speaks with Jerry Antetomaso, partner and attorney at Evans Fox LLP, about the value of estate planning. Jerry shares what estate planning really entails, and describes a couple horror stories you won’t be able to forget.

You’ll learn:

  • Why it’s so important that you have estate plan in place
  • The details of a couple of estate planning horror stories and lessons 
  • What the estate planning process looks like with attorney Jerry Antetomaso
  • And more!

Tune in today to learn about the importance of estate planning as a part of your overall financial plan!

Resources: Connect with David on Linkedin | SixPoint Financial Partners | Evans Fox LLP: (585) 787-7000 | Connect With Jerry Antetomaso on Linkedin | Email Jerry | Episode 8: Think You Don’t Need a Financial Advisor? Here’s Why You Better Think Again

Securities offered through American Portfolios Financial Services, Inc.(APFS) Member FINRA /SIPC. Investment Advisory Services offered through American Portfolios Advisors, Inc. (APA)an SEC Registered Investment Advisor. Six Point Financial is not affiliated with APFS and APA.This material is for informational purposes only. Neither APFS nor its Representatives provide tax, legal or accounting advice. Please consult your own tax, legal or accounting professional before making any decisions.