Cobblestone Wealth Advisors
Ron Palastro, CFP® has navigated his career to bring the highest level of expertise to clients since 1985. Ron believes that effective wealth management requires an understanding of how finances and life are connected together and what his clients need in order to prosper with both. Always independent, Ron has believed that to best serve his clients, he would need the flexibility to be his own boss and sit on his clients' side of the table. This often means taking a harder, but more rewarding path.
Being committed to the profession and bringing the best ideas to his clients, Ron is continually seeking to be better educated and trained. Ron earned his Chartered Financial Consultant designation through the American College in 1992. He is a CERTIFIED FINANCIAL PLANNER™ certificant from the Certified Financial Planning Board of Standards since 2000. In addition, Ron earned his Chartered Life Underwriter designation on November 1, 2004 and Accredited Investment Fiduciary (AIF®) designation on February 1, 2013. These designations show Ron's passion for serving clients and his desire to provide the best service possible.
Ron believes that by putting God first, all things work well. Taking care of family has meant providing and arranging care for aging parents as well as guiding along two sons as they find their own path. Out of the office, Ron can be found strolling with his wife, wine tasting, and listening to live music. Ron enjoys involvement in charitable events through golfing, running, motorcycling and bicycling.
First of all I want to thank you for your service. As far as what to do with a $9,000 refund, I think you should consider adjusting the amount of withholdings from your paycheck so you get more income (pay less taxes), rather than having the IRS hold onto your money with a guaranteed zero return during the course of the year. If you do that, your choices are different since you need to be disciplined to either save that money or speed up the debt reduction on your $5,400 loan. However, since you are looking for what to do now with the anticipated tax refund, your choices are as follows: 1.) since job security is not an issue, neither is the urgency to pay off the loan. 2.) If you do not have at least 6 months in an emergency fund, this should be a priority. After that is squared away, then 3.) investing would be the next logical step. Good luck.