About Us

 

Since 1983 our philosophy at McLean Tax Advisory Group is that we are the coach who assists you in identifying and reaching your own financial goals. Our seven-step educational process helps you identify your objectives and develop the strategies and tactics that will allow you to reach those goals. What's Your Retirement Vision look like?  
 
SEVEN-STEP EDUCATIONAL PROCESS
  1. Identify lifetime objectives & strategies
  2. Understand all your options
  3. Determine your risk profile
  4. Build your stable allocation model
  5. Optimize your investment allocations
  6. Identify tax reduction and catastrophic protection strategies
  7. Schedule regular periodic reviews
"An informed client is a good client."
 
Call or email us for details of how we can help you reach your financial goals.
 
848 West Bay Ave.  Barnegat, NJ 08005
387 Herberstville Rd.  Brick, NJ 08724 
Get started now by calling (609) 489-5200 or. . .  

. . . And We Will Call You. . .

 

 

TOP TEN

Most Overlooked Financial Blunders

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COUNT DOWN

10.   Working capital is not working for you. - Is it increasing income? Reducing taxes? Available when you need it the most? Is there a strategy for how to spend the “last dime on the last day?” 

 

9.   Having too many eggs in one basket. - There’s no reason to have all your money in one investment. Variety is a good thing, it’s the difference between losing a little and losing it all.

 

8.   Holding property title jointly. - You can be held responsible for anyone a contract includes. So if the joint party violates the contract—guess who will be held liable? View What Would Happen to Your Estate?

 

7.   Not understanding bonds, especially inflation factors, liquidation impacts and interest fluctuations. - Unfortunately what appears to be a good investment today, might not be 10 years down the road. Consider all these factors, because they have a direct impact on value. View The Value of a Bond

 

6.   Paying too much in taxes. - This comes from not understanding taxes, and not just income taxes. There are a number of other taxes, or tax related issues that can reduce retirement assets including estate taxes, Social Security and IRA pension disbursements, to name a few. View Tax Strategies

 

5.   Failure to protect assets from such things as estate taxes, probate, or catastrophic health problems. - It can be hard to think about unforeseen problems, but it’s vital. People can prepare themselves by obtaining the proper insurance and being financially ready for the unexpected. View Estate Planning

 

4.   Not having a realistic long-term healthcare plan.—Failure to plan for healthcare catastrophes or the financial impacts of home care, nursing home costs, Medicare and Medicaid. View which Bank Would You Go To?

 

3.  Paying unnecessary investment fees that reduce investment savings. Unnecessary commissions or fees on investments that diminish value is a waste of money. 

 

2.   Planning your vacation rather than planning your estate. - It’s amazing how quick people are to plan a vacation and how long people can put off estate planning. It’s essential, and unfortunately too often—too late. View 'All about You, Inc'.

 

1. Procrastination. - The earlier people start planning for retirement, the easier it will be. View information Overload

 These mistakes can be made by anyone, but the negative impacts are particularly severe for seniors. People at or near retirement typically have more to lose and less time to correct negative impacts. Fortunately, it’s never too late. Restoration of retirement funds can happen. But before making any investment decisions, call our office, (609)489-5200, and consult with us are experienced in the particular needs of seniors. We can help you make the best decisions for your financial situation during today’s volatile market, so your money is still there when you need it.