Michelle Buonincontri

Personal Finance, Retirement, Investing
“Michelle Buonincontri, Financial Planner with Being Mindful in Divorce / New Direction Financial Strategies, is committed to educating and empowering families during the divorce process to create mindful, fair, and loving agreements.”

New Direction Financial Strategies, LLC

Job Title:

Certified Divorce Financial Analyst, Financial Planner


J.F. Kennedy said, ”If not I, who? if not now, when?” Michelle Buonincontri was moved and inspired by this quote when she first heard this and joined her children's School Board - more than 17 years later it is still her call to action.

“Belief” is Michelle's number one Gallup strength -  her  beliefs, in conjunction with this message, drive life her choices. Those with this theme  “have certain core values that are enduring. .. your Belief theme causes you to be family­-oriented, altruistic, even spiritual, and to value responsibility and high ethics ­­ both in yourself and others. These core values affect your behavior in many ways... it also demands that you find work that meshes with your values. Your work must be meaningful; it must matter to you" In 2009 when her divorce began, too many friends, family members, her children and herself were adversely affected by the divorce process.

At this time, Michelle founded her own firm, FOAL Planning, Inc, inspired by the vision of being and having a Faith-filled, Overflowing, Abundant Life; specializing in Investment Management and tax preparation  After her divorce, she left her New York State Registered Investment Advisory firm in 2012 and moved to Arizona; worked with Schwab Private Client Investor Advisor, Inc., as an Portfolio Manager, and then joined a small RIA as a CERTIFIED FINANCIAL PLANNER™ (CFP®), where she provided clients with Financial Planning, Investment Management  and Retirement Income planning services.

Now, after 20+ years in Financial services, working with corporate/business clients and individuals to define goals/objectives and implement solutions, she is nudged again - this time to found Being Mindful in Divorce, so that she can use her own personal and professional experiences to support couples, and professionals during the divorce process – to be a contribution to others.

Michelle holds the CERTIFIED FINANCIAL PLANNER™ (CFP®) designation, and has experience in Financial Planning, Investments, and taxation with specialized training as a Certified Divorce Financial Analyst (CDFA™)  to address her clients concerns before, during and after divorce. Additionally, she is a registered Tax Preparer, is a contributing writer for Credit.com, trained as a mediator and a life coach, and volunteers as a presenter and financial coach at Fresh Start Women’s Foundation in Phoenix. Currently, serve as a WINS Advocate for the CFP Board, and have served as Director of Public Relations for the Financial Planning Association of Greater Phoenix, and as the  Director of Communications for the Financial Planning Association's Long Island Chapter. Michelle is also a member of the Maricopa County Association of Family Mediators, The Institute for Divorce Financial Analysts,  The Association of Divorce Financial Planners and on a more local note a member of the Anthem Area Chamber of Commerce.

Michelle has the privilege of creating a life she loves to live, and she wants to help her clients do that as well!


BAS, Business Administration and Communication, Adelphi University

CRD Number:



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    Financial Planning, Retirement Savings, Taxes
Will keeping my income low prevent me from being taxed too heavily?
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Yes, keeping income low will reduce taxes. However, we don't have enough information to know if that will prevent any income taxability. Having and making “qualified” withdrawals from “after-tax” assets like a Roth IRA, and a Health Care Savings accounts (H.S.A.) can help to reduce taxes in retirement,  and this can be significant if you are in a single tax bracket. Just make sure you follow the IRS rules to ensure the distributions are “qualified” and NOT subject to taxes and a possible penalty. See https://www.irs.gov/retirement-plans/roth-iras and https://www.irs.gov/pub/irs-pdf/p969.pdf for more information on Roth IRAs and HSAs.Your Tax professional or financial advisor should be able to help you estimate any tax liability based on the specifics of your situation.

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