Marc S. Freedman CFP® is the President of Freedman Financial, Inc. and a 2017 recipient of Investopedia's 100 most influential financial advisors.
A second generation financial planner, Marc has almost two decades of experience in the financial industry and has received national recognition and accolades.
Marc is passionate about educating the public – as well as those who present themselves as financial advisors – about the enormous differences between investment advice and integrated financial planning. He believes that communication is the cornerstone of a good relationship, and that planning is the most important step toward a solid financial future.
His first book, Oversold and Underserved – A Financial Planner’s Guide to Serving the Mass Affluent has been recognized by the industry as a blueprint for building a better relationship between financial planners and their clients.
Marc’s NEWEST BOOK, ‘Retiring for the Genius’, released August 2014 has had an even bigger following than his first book.
Retirement can feel like you’re walking a tightrope every day. Without a solid handle on your overall personal finances, you could find yourself living without a safety net.
Marc is a sought after speaker lecturing both internationally and domestically on trends in the financial planning profession and practice management issues. In 2009, during the most challenging economic times, he appeared on the CBS Early Show as part of “The Job Squad” to perform makeovers for individuals trying to get their financial house in order.
Freedman is quoted in national media outlets, including L.A. Times, Wall Street Journal, Reader’s Digest, Money Magazine,Business Week, USA Today, The Journal for Financial Planning,Financial Planning Magazine, Investment Advisor Magazine,Registered Representative, Boston Globe and the Boston Herald.
A graduate of Peabody Veterans Memorial High School and Babson College, Marc is married to Laura and has five children. He’s an avid fan of the Boston Red Sox AND the Wonderful World of Disney. It is his life-long dream to dress as a Disney Character in the Magic Kingdom for just one day – after that, he’d happily retire as a tour guide or guest relations cast member.
BS, Marketing, Babson College
Assets Under Management:
Marc S. Freedman - Financial Advice in a Language You Can Understand
How Retirees Make Smart Financial Decisions
The Delegator - Busy Families Unable to Monitor Their Financial Future
I know of no long-term investors who incorporate "Bear" of "Against the Market" funds in their portfolio. Long term investors shouldn't worry about short term pullbacks. If you believe the markets will be higher 5+ years from now; then stay away from Bear Funds. Buy quality. Buy optimistically; then go back to doing what you enjoy - and let your investments work for you!!
Here's my suggestion. Focus on what you CAN do rather than what you Can't Do. Review their website, learn about their firm, and do some resourceful digging. As an intern they're not looking for you to see clients, trades or make any accountable decisions. If you have excel skills, writing skills, communication skills etc. Don't just tell you employer, bring examples of what you've done. Make your interview interesting and about how you can help the firm. If you find yourself only answering questions; it's gonna be a long day.
SO excited to hear that you're ready to jump into the world of investing.
There are several options for you when you set up a systematic investment plan. This means that $100/mo would be withdrawn from your bank account and invested on your behalf. All you need to do is choose the product and the rest is automatic. I'd suggest that you look for an S&P 500 type fund, typcailly available through Fidelity, Schwab, etc. They'll help you with the paperwork, and explain why investing in a mutual fund is best for starting-out investor, or most individual investors, for that matter. You'll have access to professional money management, diversification, liquidity, and daily pricing. Best of luck to you.
Finding a balance to meet your life's financial goals of today with fulfilling goals in the future is a challenge faced by many. The question becomes even more emotional when one has seen a loved one die to early, or find them challenged to fullfil goals of travel and adventure due to physical or mental limitations.
The choice is, of course, yours. But expereince tells me that having money later in life allows you to better control your choices. If you spend it all before you reach your most mature ages, you could be faced with living conditions, quality of care and medical support that may not be comfortable to you.
Lots of questions here - Let's see if I can help.
1. Stop looking back, look forward. You've made mistakes but you're only 43. You're far from old - and not in any position to be "giving up" on retirement.
2. What you make doesn't matter - What you keep is what counts. Collectively you're making $130K. How much can you put away? Do you have an emergency fund equal to 3-6 months savings? Does your employer offer a 401k plan? What are you living conditions? Do you rent? Own?
3. What are your plans to help with funding your childrens' education costs? Would you be willing to sacrifice your life in retirement to better fund the kids' costs? This is a VERY IMPORTANT Question - and one that will likely drive your success.
4. What does retirement mean to you? Is retirement at age 60 rocking on the front porch and drinking lemonade? You're young and you're likely to both live to 100. Unless you're expecting a large windfall, you'll likley need to work in retirement. Do the best you can. Make investments that are sound.
You can do this.