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Thursday, August 6, 2020

August 6, 2020 Dear Valued Investor: The battle versus COVID-19 continues. The spread in some of the recent hotspots like California and Florida is slowing, while states in the Northeast and Midwest are now experiencing increases in...

Thursday, July 16, 2020

July 16, 2020 Dear Valued Investor: We are at the midpoint of 2020, and it would be an understatement to say it’s been a challenging year so far in the United States and around the world. We’ve faced health, social, and...

Tuesday, June 30, 2020

June 30, 2020 Dear Valued Investor: The July Fourth holiday will be very different this year. Although it’s a time to enjoy family and friends, and maybe even watch some fireworks, social distancing and a new wave of COVID-19...

Friday, June 5, 2020

As we look ahead to the summer months, we can’t help but think what a challenging year it’s been so far. At the same time, we’re encouraged by the resiliency and accelerated innovation among US businesses and the...

Tuesday, June 2, 2020

2020 is only five months old, but in many ways it is one of the most historic years we’ve ever seen. “2020 went from moving along nicely, to seeing the worst recession in a generation and the fastest bear market ever...

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Monday, May 25, 2020

What’s Memorial Day all about you ask? Well let me tell you something right now......... It’s NOT about a 3 day weekend, it’s about HONOR! Honor: showing of merited respect It’s NOT about sales, it’s about...

Thursday, May 21, 2020

May 21, 2020 Dear Valued Investor: “Never confuse a single defeat with a final defeat.” — F. Scott Fitzgerald The economic struggles in our country are among the worst we’ve ever seen. In April, a record 20...

Friday, May 8, 2020

May 8, 2020 Dear Valued Investor: Investors like labels for the economy and financial markets—many of them with the word “great” in them. The Great Depression. The Great Recession. The Great Lockdown. Well,...

Thursday, April 23, 2020

We hope that this monthly installment of “Around the Office” finds you and your family in good health. When we talk about health we are taking into consideration your physical health, mental health/well-being, and your...

Thursday, April 23, 2020

April 21, 2020 Dear Valued Investor: “Life is 10% what happens to you and 90% how you respond to it.” — Lou Holtz, Hall of Fame football coach As the battle against the COVID-19 pandemic continues, how we respond to...

Tuesday, April 14, 2020

We wanted to formally reach out to offer you my comfort and support during this very daunting time. The outbreak of the COVID-19 virus has most certainly caused you to have significant worries about a number of things, including your...

Thursday, April 9, 2020

April 9, 2020 These are challenging times, and this week may be the toughest as we wait for COVID-19 to reach its peak in the United States. As the war against COVID-19 wages on, we continue to be inspired by the tremendous bravery...

Monday, April 6, 2020

I hope this note finds you and those around you safe and healthy during this unprecedented time. You may be aware at the end of March, President Trump signed the Coronavirus Aid, Relief and Economic Security (CARES) Act and it is now...

Thursday, April 2, 2020

Dear Valued Investor: “Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, reach for a bucket.” —Warren Buffett The battle with COVID-19...

Tuesday, March 31, 2020

Our hope is that this monthly installment of “Around the office” finds you and your family Healthy & Happy. We understand that the pandemic has left most of us feeling anxious and isolated. We’re trying finding ways...

Thursday, March 26, 2020

March 26, 2020 The Treasury Department and the Internal Revenue Service are providing special tax filing and payment relief to individuals and businesses in response to the COVID-19 Outbreak. The filing deadline for tax returns has...

Wednesday, March 25, 2020

March 25, 2020 The world continues its battle to contain the COVID-19 pandemic, which now has likely impacted, either directly or indirectly, nearly every person on Earth. This is far more than just a health crisis—this is a...

Tuesday, March 24, 2020

March 24, 2020 We know that these can be frightening times, but we want to assure you that the one thing you don’t need to worry about is us supporting you through them. No one knows what the next days, weeks, or even months...

Thursday, March 19, 2020

March 19, 2020 Our everyday lives have changed dramatically over the last few weeks as we work together to minimize the impact of the COVID-19 pandemic. We know these efforts are necessary, but they also have come at a cost. Global...

Wednesday, March 18, 2020

Friday, March 13, 2020

Fears over the spread of COVID-19 (coronavirus) have gripped the country and sent stocks in the US and around the world into bear markets. Thursday’s nearly 10% decline in the S&P 500 Index was one of its worst days in history...

Thursday, March 12, 2020

We want to share information about the steps we’ve taken to minimize any potential impact to our clients as a result of the Coronavirus (COVID-19) situation and maximize our efforts to keep our team and clients safe. This event,...

Tuesday, March 10, 2020

March 10, 2020 The tough times that global markets were experiencing due to the spread of COVID-19 (coronavirus) worsened this past weekend as a price war between Saudi Arabia and Russia resulted in sharply declining oil prices. This...

Thursday, March 5, 2020

March 5, 2020 It’s been a tough week. The number of coronavirus cases have continued to increase globally, and new cases have been confirmed in the United States. Countries are making progress with containment, but those efforts...

Monday, March 2, 2020

March 2, 2020 Dear Valued Investor: “The stock market takes an escalator up, and an elevator down,” is a classic Wall Street saying. The last week has sure felt like taking an express elevator down, as the end of February...

Wednesday, February 26, 2020

2020 is a Leap year. February 29 is a date that usually occurs every four years and is called Leap Day. This day is added to the calendar in leap years as a corrective measure because the Earth does not orbit the sun in precisely 365...

Thursday, February 6, 2020

Attached is the 2019-2020 Turbo Tax Guide. Please give us a call at 203.245.3131 if you have any questions. Turbo Tax Guided 20-19-2020 Thank, Craig & Kim

Thursday, February 6, 2020

Dear Valued Investor: The start of 2020 has brought increased stock market volatility. The uncharacteristically calm market environment we experienced for much of the past four months was bound to end, but identifying the catalyst for...

Wednesday, January 29, 2020

Around the Office- January 2020 With the start of a new year and a new decade we thought we’d share our 2020 resolutions with you this month. Craig: -Continue to find ways to help others -Continue to exercise and eat well -Take a...

Monday, January 27, 2020

Below are the mailing dates for our Consolidated 1099 tax forms: Mailings Description Type of Investment 1 – January 31 Mailing Includes accounts with the simplest tax information and not subject to income reclassification...

Thursday, January 9, 2020

Dear Client, As you may know the SECURE Act was signed into law on December 20, 2019. This landmark piece of retirement legislation could have an impact on decisions you may want to make regarding your retirement savings strategy. I...

Friday, January 3, 2020

Happy New Year! What a difference a year makes. One year ago the stock market was plunging and came perilously close to ending what has become the longest bull market ever recorded. In December 2018, dropping stocks were suggesting an...

Tuesday, December 10, 2019

Hindsight is 20/20, but finding clarity in future uncertainty can be fuzzy. 2019 has been a very rewarding year for investors. One year ago after publishing Outlook 2019 we were all tested with market volatility, and that’s a...

Tuesday, November 19, 2019

While Thanksgiving is the obvious holiday we look forward to in November, there are two lesser known “holidays” of National Philanthropy Day (11/15) and Giving Tuesday (Tuesday after Thanksgiving) that also embrace the...

Friday, November 8, 2019

November 8, 2019 Dear Valued Investor: Turning the calendar from October to November brought more than trick-or-treaters, pumpkins, and leaves to rake. It also brought a wave of important economic updates that delivered more treats...

Monday, November 4, 2019

If you donate your car to charity, you may claim a tax deduction for the donation if you itemize your deductions on your federal income tax return. To get started, you'll need to pick a qualified charitable organization, determine the...

Monday, November 4, 2019

Charitable giving can play an important role in many estate plans. Philanthropy cannot only give you great personal satisfaction, it can also give you a current income tax deduction, let you avoid capital gains tax, and reduce the...

Thursday, October 24, 2019

“Everything is awesome, when you’re living out a dream.” The Lego Movie As the S&P 500 Index continues to flirt with new record highs, something under the surface is taking place that is making 2019 extremely special...

Thursday, October 24, 2019

October is Breast Cancer awareness month and Small Business month. As many of you know my wife Carolyn is a breast cancer survivor. This is the most common cancer found in women globally. Speaking from experience, we encourage regular...

Tuesday, October 8, 2019

Dear Valued Investor: Summer has turned to fall, and there’s already a little chill in the air. Three-quarters of the year is behind us now, and both stock and bond markets have had a strong year so far, although we expect to see...

Thursday, September 26, 2019

September marked another start of the school year. Noah started his sophomore year of high school and Aden is now a seventh grader. Below is their mandatory first day of school photo. October is also a busy month for the Chorney...

Tuesday, September 24, 2019

Dear Valued Investor: The Dog Days of Summer were on full display this past month, as a variety of concerns pushed stocks and bond yields lower. After reaching new record highs in late July, the S&P 500 Index dropped approximately 1.8%...

Wednesday, July 31, 2019

For July’s “Around the Office” we thought we’d share some of the things we like to do during the summer with you. We hope our ideas will inspire you to try something new- a new sport, a new restaurant or a trip...

Friday, July 12, 2019

Each year Madison Financial Planning hires a new summer intern. We do this as part of our commitment to our community and to the field of Financial Planning. Our goal is to share our experiences as how we provide value to our clients...

Wednesday, July 10, 2019

Madison Financial Planning is proud to be a sponsor of the Back to the Garden 1969: The Woodstock Experience, a free concert that will be held on Saturday July 13, 2019 from 7 pm to 9 pm on the Town Green in Madison. “Back To...

Tuesday, June 25, 2019

We are pleased to announce the release of the LPL Research Midyear Outlook 2019: FUNDAMENTAL: How to Focus on What Really Matters in the Markets, with investment insights and market guidance through the end of 2019. LPL Research...

Monday, June 10, 2019

During the month of June we focused on summer fun. We decided this month would be a great time to share some of our favorite summer recipes with you- just in time for Father's Day, graduation celebrations and backyards BBQ's. Craig:...

Friday, June 7, 2019

Trade tensions have interrupted an unusually calm year in U.S. stocks. In May, the S&P 500 Index fell from an April 30 record high as the United States and China failed to reach a trade deal and escalated tariff tensions. The United...

Thursday, June 6, 2019

What recent graduates (and their parents) need to think about Spring is here, summer weather has begun (in many places), and graduation time has arrived. Across the country, students are finishing their high school, college, and even...

Wednesday, June 5, 2019

Mark joined Madison Financial Planning 7 years ago to transition toward retirement. He joined our firm knowing he had a partner who shares the same philosophy/values, with a focus on always placing the client’s interest first and...

Monday, May 13, 2019

In the spirit of Mother’s Day, this month we have decided to introduce you to our moms. Being a mother is perhaps the hardest, most rewarding job a woman will ever experience. We are so incredible thankful for all the moms out...

Friday, May 3, 2019

Dear Valued Investor: If it seems like the financial markets have been off to an unusually strong start to the year—you are correct. The S&P 500 Index has risen for four consecutive months, resulting in the strongest start to a...

Friday, April 26, 2019

During the month of April we focused on humor. Did you know that on average children laugh 300 times a day while adults laugh 20 times a day? Humor has many physical benefits of humor which include reduction of muscle tension which...

Friday, April 5, 2019

April 5, 2019 Dear Valued Investor: April brings showers, baseball, and historically, the best month of the year for the S&P 500 Index (for the last 20 years). On top of that, the S&P 500 had its best first quarter since 1998, and in...

Wednesday, March 27, 2019

It is a busy time of year in the office helping clients with tax related questions on top of the everyday financial planning services we provide. Outside the office we’ve been just as busy. Kim and I continue to give back to the...

Thursday, March 7, 2019

When you think of health insurance, you probably think of coverage for prescription drugs, visits to the doctor, hospital stays, surgery expenses, and the like. But your overall health also includes your mental health, so don't...

Friday, March 1, 2019

Craig: “Wit and Wisdom of Mark Twain” by Mark Twain (Author), Bob Blaisdell (Editor) Mark- My favorite book…hmmm…tough one. Fiction – The Exorcist, scared the heck out of me Non-fiction, which is mostly...

Wednesday, February 27, 2019

During the month of February we focused on love, relationships and ways to keep your heart healthy. Based on the theme our team decided it would be a great month to introduce you to Carolyn, Peter, Jean and Mike. Craig While I enjoy...

Friday, February 22, 2019

As this week’s Weekly Market Commentary suggested, over the near term equities appear quite stretched, but overall we continue to think the bull market has plenty of life left. Today, we’ll take a look at market...

Thursday, February 14, 2019

Most of the country might still be in the throes of the winter, but after extreme cold throughout many parts of the United States, thankfully the weather has warmed up. Stocks followed a similar path, warming up in January after a...

Wednesday, January 30, 2019

Dreary days got you down? Dark mornings, darker evenings, and chilly days in between mean winter is here — and with the coldest season sometimes comes the winter blues. Here are a few ways that the team at Madison Financial...

Thursday, January 24, 2019

The big bounce off the December 24 lows continued last week, as the S&P 500 Index added 2.9% for the week. In fact, it has gained 2.9%, 1.9%, 2.5%, and 2.9% over the past four weeks for a total gain of 10.5%. Of course, the S&P 500 did...

Monday, January 7, 2019

Craig: Take opportunity to acknowledge and appreciate when “all is well”. Continue to exercise and eat well. Continue to seek ways to simplify complex financial matters and make them more understandable for our clients....

Thursday, January 3, 2019

As I reflect on 2018, I’m going to show my age by saying “boy the year went by so fast”! Time can tend to get away from us. Now is a good time to make a renewed commitment to slow down, take a deep breath, and refocus...

Wednesday, December 26, 2018

Dear Valued Investor: After a mixed first half of the year and a solid third quarter, stock markets weakened considerably in the closing weeks of 2018. Turmoil in the financial markets is never a pleasant experience for investors, and...

Wednesday, December 26, 2018

AROUND THE OFFICE- DECEMBER 2018 Welcome to “Around the Office”. Each month we will be putting together a short newsletter about what is happening personally and professionally here at Madison Financial Planning. This month...

Monday, December 17, 2018

We are pleased to announce the release of the LPL Research Outlook 2019: FUNDAMENTAL: How to Focus on What Really Matters in the Markets, filled with investment insights and market guidance for the year ahead. After nearly 10 years of...

Wednesday, December 12, 2018

The holidays are a time for family and traditions. Here are the team at Madison Financial Planning’s favorite holiday traditions. Craig : Our family has recently enjoyed the Christmas holidays in Vermont. Our hope is that we are...

Tuesday, December 11, 2018

Last week was a tough week for stocks, with the S&P 500 Index down 4.5%, the worst performance since March. So what are some things investors should consider? To help answer that question, here are five takeaways on the near-term...

Friday, December 7, 2018

December 7, 2018 Dear Valued Investor: Another year is drawing to a close, but so far neither market volatility nor market-moving headlines have shown any signs of winding down. As we reflect on a challenging 2018 and look for bright...

Tuesday, November 27, 2018

The Conference Board’s Leading Economic Index (LEI) is one of our favorite economic indicators. It is designed to predict future movements in the economy based on a composite of 10 economic indicators (like manufacturers’...

Monday, November 19, 2018

I love this time of year and especially look forward to one of my favorite holidays, Thanksgiving. This holiday reinforces a focus of our firm, that is family and giving. Our team members have always been very active in the community....

Wednesday, November 7, 2018

November 7, 2018 Dear Valued Investor: The potential outcomes of the midterm elections have been dominating the news cycle lately, and we know from history that the markets typically do not like uncertainty. With the Democrats taking...

Thursday, November 1, 2018

Conventional wisdom says that what goes up, must come down. But even if you view market volatility as a normal occurrence, itcan be tough to handle when it's your money at stake. Though there's no foolproof way to handle the ups and...

Wednesday, October 31, 2018

This modern twist on the Ben Franklin maxim reflects the multiplicity of taxes to which earnings are subject in today’s world.¹ Finding ways to manage expenses is one of the cornerstones of a sound financial strategy. Here...

Friday, October 26, 2018

I’m having a birthday this month. It is not a “milestone” birthday, but still a chance to reflect on life. I very much appreciate all my clients and I am thankful for the trust you have placed in our firm. I’m...

Thursday, October 25, 2018

October has been a rough month for equities, but then again it’s historically been one of the most volatile periods of the year. “October is known for volatility, and we’ve sure seen it so far,” explained Senior...

Monday, October 15, 2018

Tip: One key difference between a will and a living trust is when they take effect. A will takes effect when you die; a living trust takes effect when you execute it and begins to operate when you transfer assets to it. Do you have a...

Thursday, October 11, 2018

Stocks just had their worst one-day drop since February, as a combination of higher bond yields, U.S./China tensions, nervousness over the upcoming midterm elections, six straight months of gains, and worries about peak margins this...

Tuesday, October 9, 2018

The first day of fall may be in September, but the beginning of October is when that autumn feeling really kicks in. Whether you’re mourning the end of long summer days or embracing the return of pumpkin spice at your local...

Monday, September 24, 2018

2018 continues to be a solid year for U.S. equities, even in the face of many well-documented concerns (we’re looking at trade worries and the flattening yield curve here). Want some good news? The calendar may quickly become a...

Tuesday, August 14, 2018

Please join us at the Madison Senior Center Wednesday September 12, 2018 5:30- 7:00pm MaryJo Walker, an Enrolled Agent, will review tax consequences associated with processing an estate, how to prepare a budget, and bill paying...

Sunday, August 5, 2018

As we look back on the month of July, the standout stories for the summer so far have been strong U.S. economic growth and surging corporate profits. Although tariffs continue to grab headlines and may raise investor concern, it...

Wednesday, July 25, 2018

Each year Madison Financial Planning hires a new Summer intern. We do this as part of our commitment to our community and to the field of Financial Planning. Our goal is to share our experiences as how we provide value to our clients...

Friday, July 13, 2018

Madison Financial Planning is very happy to introduce Terri Testa as our new Client Service Manager. Terri joined us in May and has been very busy getting to know our clients Terri brings extensive knowledge and experience to our firm....

Wednesday, June 6, 2018

As President Trump mentioned on Twitter yesterday, he has officially been in office for 500 calendar days. Although how he has done has led to many an argument at family dinners, it is easier to break things down from purely a market...

Wednesday, May 30, 2018

What a year 2018 has been for small caps. With the Russell 2000 Index up about 6% year to date versus the S&P 500 Index up only 2%, it has been quite the year so far for small companies. Tax reform is the big tailwind for the group,...

Thursday, May 17, 2018

Daily Insights The impact of a 3% 10-year yield. The 10-year Treasuryyield continues to hover near 3%, but we feel this level is more important psychologically than it is for the bottom line of investors or borrowers. A 3% yield on a...

Tuesday, May 8, 2018

As the calendar turns to May, it also means the current economic expansion is now 107 months old, officially marking the second-longest since World War II (WWII). As our LPL Chart of the Day shows, only the 120-month expansion of the...

Thursday, May 3, 2018

Daily Insights Fed acknowledges inflation rise but doesn’t alter course. The Federal Reserve (Fed) largely met market expectations at the conclusion of its meeting yesterday, holding the fed funds rate at its current level and...

Wednesday, April 25, 2018

Earth Day was celebrated on Sunday, April 22, 2018, and this environmentally focused holiday may have some investors thinking about how the companies they invest in impact the world around us. Labels such as socially responsible...

Friday, April 13, 2018

“In the book of life, the answers aren’t in the back.” Charlie Brown Markets are not easy to navigate, as fear and greed can often get in the way of prudent investment decisions. As much as we would like a script to...

Wednesday, April 11, 2018

First quarter earnings season kicks off this week with several financial companies reporting results on April 12–13, and we are expecting another strong quarter of results. The S&P 500 Index has grown earnings at a double-digit...

Tuesday, April 3, 2018

Stocks fell slightly in the first quarter, losing 0.8% and ending the S&P 500’s nine quarter win streak. The return of volatility was the big story of the quarter, when the index suffered its first 10% correction since early...

Wednesday, February 21, 2018

We hope you are having a good start to 2018! Last year we announced our name change to Madison Financial Planning. The reason for the change was to emphasize the service we believe provides the most value in our advice relationship....

Friday, January 19, 2018

Tanner will be giving the Madison Financial Planning Team some assistance on an administrative basis. Tanner graduated from Boston University with a B.S. in Business Administration with concentrations in Business Law and...

Wednesday, January 10, 2018

5 Key Facts About the New Tax Bill The enactment of the Tax Cuts and Jobs Act (TCJA) represents “the most sweeping overhaul of the U.S. tax code in more than 30 years.”1 For millions of Americans and businesses it means an...

Friday, January 5, 2018

Please click the link below to read the New Income Tax Withholding Requirements for Pension and Annuity Payments written by the State of Connecticut Department of Revenue Services. New Income Tax Withholding Requirements for Pension...

Wednesday, November 22, 2017

As we approach Thanksgiving, we want to take the opportunity to wish you and your family a happy & healthy holiday season. Last year we decided to extend our blessings to those less fortunate within our community in lieu of a holiday...

Friday, November 17, 2017

Now is an ideal time to consider year-end strategies that may benefit you, and plan for the year ahead. Please call us to discuss any ideas and questions. YEAR END FINANCIAL PLANNING STRATEGIES 1. Meet with Financial Planner: Review...

Tuesday, October 3, 2017

Since I ask my clients to share their most personal information about themselves and their families, it’s time for me to share “My Story”.

Tuesday, September 19, 2017

Wow, it is not easy to pick my favorite place to travel. My husband and I took the opportunity to travel quite a bit before children (BC) and now we travel as a family.

Thursday, September 14, 2017

Equifax Data Breach: What Should You Do? Last week, one of the big four credit reporting agencies, Equifax, announced it experienced a security breach resulting in criminals accessing personal information of approximately 143 million...

Thursday, August 24, 2017

A few weeks ago Madison Financial Planning hosted the Madison Chamber of Commerce Business with a Twist

Monday, August 21, 2017

Clink the link below for the LPL Research's Midyear Outlook 2017 video where Managing Director, Investor and Investment Solutions and Chief Investment Officer Burt White breaks down the key themes to watch, and provides recommendations...

Wednesday, August 16, 2017

We are thrilled to announce the new and improved "EVENTS" portion of the Madison Financial Planning website. Please check in and see what events Madison Financial Planning is hosting or sponsoring AND what other fun things are...

Friday, July 28, 2017

The Madison Financial Planning Team is thrilled to announce that we will be hosting the Madison’s Chamber of Commerce Business with a Twist on August. 3. We have decided to put a summery spin on this monthly event and make it a...

Thursday, July 20, 2017

In January, we announced our firm’s name change to “Madison Financial Planning” which highlights BOTH the Financial Planning and Investment Management services we provide. We also introduced our online Financial...

Thursday, July 6, 2017

Please join us in welcoming Connor McShane as our summer intern!

Monday, July 3, 2017

Hello and welcome to our new website! As you can see we have a new name and a new look but with the same great team and commitment to exceptional customer service. We are thrilled with our new website and we encourage you to check out...

Thursday, January 12, 2017

Whether it’s sports, music or politics, life holds any number of “great debates” that never seem to reach a conclusion. In investments, that great debate asks the question, “Active or Passive Investing: Which Is...