Thomas Edison famously said that success is “99% perspiration and 1% genius.” It is one of those quotes that sounds simple, almost obvious, yet becomes more profound the longer you live and work. In a culture that celebrates breakthrough ideas and overnight success stories, Edison’s words are a reminder that inspiration is only the spark. …
99% Perspiration, 1% Genius: The Real Work Behind Lasting Success Read More »
As an estate-planning professional who uses a multidisciplinary approach—legal, tax, investment, insurance, long-term care, and funeral planning—I can tell you one universal truth: Most people over age 55 think they have a plan.Most don’t. They may have investments, they may have an advisor, they may have a will—but a plan? A real, coordinated plan that …
Four Questions Every Retiree Should Ask Their Financial Advisor—Before It’s Too Late Read More »
After decades of working with retirees in senior services, one thing has become clear: the most successful estate plans are built by multidisciplinary teams. Attorneys, CPAs, financial professionals, funeral directors, and long-term-care specialists each bring a different lens to the planning process. When these perspectives converge, opportunities appear—often in places families never expect. One tool …
The Most Overlooked Estate Planning Tool for Retirees Read More »
After more than 25 years in Senior Services, I’ve observed countless reasons why individuals diligently earn, save, and grow their wealth. The primary and most fundamental reason is for Safety and security: providing for our families with stable housing, food, reliable healthcare, and the peace of mind that comes with financial stability. These are the …
As estate-planning professionals, we like to remind families that 80% of what we do is preparing for “if” something bad happens. Protecting assets, shielding against taxes, simplifying structures, and helping ensure the proper documents are in place are all built around uncertainty. But funeral planning isn’t an if.It is a when. And because of that, …
Why Every Estate Plan Should Include Funeral Pre-Planning Read More »
As an estate planner and financial advisor, I spend a lot of time reminding people of something that sounds simple but is easy to forget: every headline feels like the end of the world when you’re living through it. A hurricane, a government shutdown, a political upheaval, a social movement, a war—each moment seems like …
Headline News vs. Real Life: Why Staying the Course Still Wins Read More »
If there’s one thing I’ve learned from years of estate planning, it’s this: when it comes to building and keeping wealth, boring is beautiful. Not Instagram-boring, not beige-paint-boring, but the kind of predictable, steady, responsible “boring” that allows you to enjoy life without lying awake at night wondering how to cover next month’s credit card …
I’ve had thousands of conversations with older adults and their families. Some happen in my office, others in living rooms or at community events—but one of the most memorable occurred in the waiting room of a doctor’s office. I was there for a routine appointment, simply waiting my turn, when an older woman nearby struck …
We’re in the Transportation Business — Just Not the Kind You Expect Read More »
In a world that often promotes accumulation, independence, and self-promotion, generosity can seem countercultural. However, time and again, generous living proves to be one of the most powerful principles for a fulfilling life, both financially and emotionally, as well as spiritually. Generosity isn’t just about money; it’s about adopting a mindset of service, compassion, and …
The Power of Generosity: Why Giving Changes Everything Read More »
The Roth account, named after Senator William Roth, was established in 1997 as part of the Taxpayer Relief Act. Its concept was simple yet revolutionary: allow individuals to invest after-tax dollars, let the investments grow tax-free, and withdraw the money in retirement without paying another dime in taxes. Over the past few decades, Roth IRAs—and …
Libby Skolnik Budweg is an investment advisory representative of and provides advisory services through CoreCap Advisors, LLC. Skolnik Retirement Solutions and CoreCap Advisors are separate and unaffiliated entities.
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