Cary was a speaker at the Forbes iConference

Client Therapy Handholding During Tough Times
From: June 29th, 2009

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Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Orlando Sentinel

Yes, even young people need to prepare a will
From: Orlando Sentinel "Ask a Lawyer" Section, June 28th, 2009

Q: I'm worried about losing my job. If I do, am I eligible to collect unemployment benefits if I am already receiving Social Security benefits?
N.W. of Orlando

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Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in More Magazine

How to Roll Over Your 401(k)
By Karina Martinez-Carter, Editor
From: June 25th, 2009

Changing careers? Don�t forget to take your 401(k) with you. Here�s our step-by-step guide to preserving�and maximizing�your retirement reserve.

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Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Orlando Business Journal

New Game Plan: Where to put your money during the market maelstrom
By Christopher Boyd, Staff Writer
From: Orlando Business Journal "Money" Section, Aptil 29th, 2009

"Investors looking for income should consider real estate investment trusts, an asset class that was severely hit by the real estate downturn and the financial liquidity crisis. An improvedlending climate could mean a turnaround for REITs."

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Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in NewsDay

Financial Blueprints
By TOM INCANTALUPO
From: Long Island Newsday, March 3rd, 2009

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Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Orlando Sentinel

Surviving the Recession: A month long Sentinel Help Team Series
By Richard Burnett, Sentinel Staff Writer
From: Orlando Sentinel "Sentinel Help Team" Section, January 18th, 2009

Where's a safe spot to stash your cash?
"Diversity failed in 2008," said Cary Carbonaro, a financial planner with Family Financial Research in Clermont. "Every asset class fell with one exception: government bonds. Most of us have never seen anything like this."

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Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Orlando Sentinel

Loss from home foreclosure can't be deducted from tax return
From: Orlando Sentinel "Sentinel Help Team" Section, December 28th, 2008

The Engle class action was filed in 1994 and went to trial against the tobacco industry in July 1998. A $600 million Engle Trust Fund has been created, and Florida smokers, former smokers and survivors of smokers may be eligible for a share of that money. Will the settlement that is paid out to the class members be considered taxable or non-taxable? Will this settlement be considered to be a personal injury award or a punitive award?

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Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Wall Street Journal

YEAR END FINANCIAL PLANNING STRATEGIES Planning for BETTER DAYS AHEAD
From: The Wall Street Journal "Special Advertising" Section, December 10, 2008

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Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted on BankRate.com

Shrink your bottom line with little or no effort
From: Financial Literacy 2008 - Growing your bottom line Section, December 9, 2008
By Sheyna Steiner � Bankrate.com

Shrinking your bottom line is as easy as thickening your waist -- all it takes is the discipline to develop bad habits and consistently make the same mistakes over and over.

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Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Journal of Finanical Planning

Sharpening Your Media Skills
By: Ed McCarthy, CFP
From: FPAM November, 2008

The article goes from page 5 to 18. Cary is on page 8.
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Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted on CNBC

Hard Times Warrant a Second Look At Holiday Budget
By: Shelly K. Schwartz, Special to CNBC.com
November 21st, 2008

Don't go into debt
There are some financial guidelines that can help keep your spending in check, regardless of your income.

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Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Orlando Sentinel

Smart strategies to help you save money
By Richard Burnett, Sentinel Staff Writer
From: Orlando Sentinel "Sentinel Help Team" Section, November 18th, 2008

"Since values are incredibly depressed now, this is a great time to take advantage of that and convert to a Roth IRA," said Cary Carbonaro, a financial planner in Clermont. "You can pay the tax now on the lower balance, and from now on the account grows tax-free indefinitely."

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Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Orlando Sentinel

Consulting nonprofit credit counselor might be your first step
From: Orlando Sentinel, November 16th, 2008
Section: Your Pocketbook Ask an expert

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Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Orlando Sentinel

Why have the financial markets gone crazy? What should you do?
By: Jerry W. Jackson
From: Orlando Sentinel, October 27th, 2008

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Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Orlando Sentinel

Your Portfolio Hotline
From: Orlando Sentinel, October 19th, 2008

QUESTION: I just changed my 401(K) to all my company stock. What should I do? �R.J., Orlando

ANSWER: Never put 100 percent of your money in your company stock. I recommend 2.5 percent. The rest should go in a target retirement fund matching your retirement age.

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Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Wall Street Journal

Who�s in Your Corner? Asking the Hard Questions � and Following up on the Answers
From: The Wall Street Journal "Special Interests" Section, October 4th, 2008

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Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Orlando Sentinel

Banks won't exchange deutsche marks for dollars or euros
From: Orlando Sentinel "Ask an Expert" Section, September 28th, 2008

Question: I recently found 280 deutsche marks in a forgotten folder in mint condition. What are my options in turning them in or exchanging them for euros?
R.K., Maitland

Answer: Usually, most U.S. commercial banks that you have an account with will exchange your bills for U.S. dollars. If you then wanted to convert the money into euros, you would have to pay to exchange them for dollars. The condition of the bills doesn't matter. Problem is, it is old currency, and the banks are not accepting it. You should try Travelex currency services at travelex.com/us.

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Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in NewsDay

WALL STREET TURMOIL: $1,000,000,000,000 plan
By TOM INCANTALUPO
From: Long Island Newsday, September 20th, 2008

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Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Ask An Expert

Screen Your Financial Planner
From: Long Island Newsday, August 23rd, 2008

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Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Ask An Expert

Web sites can help track down parents' assets
From: Your Pocketbook section, August 17th, 2008

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Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Ask An Expert

Contributions to 401(k) have been limited
From: Your Pocketbook section, July 20th, 2008

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Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Kiplinger's

Blended Family Finances
When it comes to remarriage, money issues are tricky.

By Jane Bennett Clark, Senior Associate Editor
From Kiplinger's Personal Finance magazine, August 2008

Section - AIM TO BE FAIR
That said, the answer may be as straightforward as adding money to one child's college account or buying the bus-riding kid a car, says Cary Carbonaro, of Family Financial Research, in Huntington Village, N.Y. She grew up in a blended family in which "everyone got the same thing, no matter what. My opinion is, make everything fair."

Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in TheStreet

Five Places to Put Your Cash to Work
By SIMONE BARIBEAU
Published: April 11, 2008

Flexible terms make such CDs an attractive option for your emergency fund. "If you're going to have to keep money in the bank anyway, I would stick it in that," says New York certified financial planner Cary Carbonaro. "Even more so if we're going through a recession."

Cary Carbonaro, CFP, MBA
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Orlando Sentinel - Orlando, Fla. April 6, 2008

Section: YOUR POCKETBOOK ASK AN EXPERT
Subject: Are covered calls the answer in a volatile market?
Christopher Boyd | Sentinel Staff Writer
Cary Carbonaro quoted

Question: My investment adviser recommends I get out of my nonqualified mutual funds and get into covered calls, or options. This is based on the expectation that the markets will continue to be volatile. My wife and I are retired and in our 80s. Presumably this would smooth out the highs and lows and provide for more stability. Is this a wise move? I note that his "wrap fee" is 1.75 percent of the portfolio, deducted monthly, to which we would have to add management fees levied by the funds themselves, and deal with the tax implications. Other than getting into fixed-returns such as CDs, are there other options?

W.K., Winter Garden

Answer: This depends on your risk tolerance and comfort with this strategy. Covered calls are the safest option strategy if you already own the underlying stocks in the portfolio. It adds a layer of cost and complexity. Advisers use this strategy on single stocks, not mutual funds. If you have to sell your current mutual funds to participate in this strategy, you will have gains or losses on your current tax return. Options also add complexity at tax time if you implement this strategy. You need to ask yourself, what are your goals and does this strategy line up with them? You have many options in a volatile market. I would seek a second opinion from a certified financial planner.

Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Mainstreet

Would a Heath Ledger Love Child Have Any Claims?
By SHIRA LEVINE
Published: April 1st, 2008

A will, on the other hand, is a document made public during the probate process. During this process, there is a judicial proceeding where the executor is determined based on the provisions of the will. A will can then be contested for three reasons: Lack of capacity, undue influence and fraud. An omitted child could contest the will for being �accidentally left out.� Because of the public probate period �a will is most likely to be contested and if any heir is left out, it [can] take longer and be challenged,� says Cary Carbonaro, an investment advisor at Family Financial Research in New York.

Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Mainstreet

Asset Hiding Lessons From Paul McCartney's Divorce
By SHIRA LEVINE
Published: April 1st, 2008

Swiss banks are among the strictest in the world and the secrecy does not lift for divorce or tax evasion. Withholding income or assets information is not a crime in Switzerland, says Cary Carbonaro, a financial planner with Family Financial Research in New York. "The most common options are offshore bank accounts in the Caymans and Swiss numbered accounts," says Carbonaro. "Most of that is to hide money from the government, but it would work for a spouse."

Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in CNN Money

A soldier's story: Financial rehab
By George Mannes, Money Magazine senior writer
Published: March 19th, 2008

"They have to figure out from this moment on what they want their life to look like - what they want their career to be, what they want for their family," says Cary Carbonaro, a certified financial planner who has worked with injured soldiers. "That's tough for anyone, but really rough if you're also struggling with a disability."

Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Mainstreet

Get Your Bet On!
By SHIRA LEVINE
Published: March 17th, 2008

Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Mainstreet

Would You Buy A Shirt From This Guy?
By SHIRA LEVINE
Published: March 10th, 2008

Bongo banger Matthew McConaughey might finally start changing his bod-baring ways.

Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Mainstreet

How Not to Blow Your Budget on Betting
By SHIRA LEVINE
Published: March 4th, 2008

The first step is to treat gambling like other forms of entertainment and create a budget, says Cary Carbonaro a financial planner with Family Financial Research in New York. �Skiing, shopping, and collecting cars are all expensive hobbies that my clients budget for," says Carbonaro. "I have clients who budget $20,000 a year for skiing and I make sure they aren�t spending more than they are making."

Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Mainstreet

Prince Harry's Job Is Too Dangerous
By SHIRA LEVINE
Published: March 3rd, 2008

"All the more reason why your exit plan should include an emergency fund," says Cary Carbonaro, a financial planner with Family Financial Research in New York. �Take your current expenses and times it by six months to have an emergency fund [estimate]," says Carbonaro. "If you make $60,000 and have monthly expenses of $4,000, you�ll need $24,000.�

Not having an emergency fund... now, that is truly dangerous.

Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Mainstreet

Never Say Never(land)
By SHIRA LEVINE
Published: February 28th, 2008

If all is clear, a perfect credit score is 850. However, according to Cary Carbonaro, a financial planner with Family Financial Research in New York, the national average is 692. �760-850 are great scores and 500-579 are low scores.�

Cary Carbonaro, CFP, MBA
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Orlando Sentinel - Orlando, Fla. February 21, 2008

Section: Money Matters
Christopher Boyd | Sentinel Staff Writer
Subject: Rebates' timing could boost Orlando area's summer tourism
Spend rebates or pay debt? - Cary Carbonaro quoted

Like many financial planners, Cary Carbonaro tells her clients to pay off high-interest debt before spending on other things. That, of course, isn't what Congress and the Bush administration want to happen when the rebate checks are shipped this spring.

"I think Bush really wants people to spend," said Carbonaro, president of Family Financial Research in Clermont. "It looks like this is the first time in history we have a consumer-driven recession. That is scary, because consumer debt is more than many can handle."

Cary Carbonaro, CFP, MBA
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Orlando Sentinel - Orlando, Fla. February 10th, 2008

Section: Money Matters
Subject: YOUR POCKETBOOK - ASK AN EXPERT
Consult attorney on revocable living trust - Cary Carbonaro quoted

Question:
A senior only has bank savings accounts with different beneficiaries named on the different accounts. She has no property, no car and no valuable belongings. She has been living in an assisted living facility for many years. When she passes away, which savings account does the money come from to cover her funeral and outstanding bills?
K.E.

Answer:
According to Florida statutes, the personal representative can request the court to enter an order authorizing a compromise if the court is satisfied that the compromise, which in this case would be an equitable split of expenses and obligation, are in the best interest of all interested persons. Additionally under Florida statute, any notice to any institution of an adverse claim to a deposit account does not obligate the institution to recognize the adverse claimant unless there is court intervention such as a restraining order, injunctions etc. for withholding a beneficiary's funds.

Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Mainstreet

Did Jason Biggs Go to DeBeers?
By SHIRA LEVINE
Published: February 1st, 2008

Planning the perfect engagement moment can be emotionally taxing enough, but if you plan ahead, buying the ring will not excessively tax your bank account. Even before you start shopping, start saving. �Start a little savings account for it where you put $100-$200 a week aside for it,� says Cary Carbonaro, a financial planner in New York. Then set a budget of about 10% of your salary, says Carbonaro.

Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Mainstreet

Brit Skips Divorce Court... One More Time
By SHIRA LEVINE
Published: January 24th, 2008

Whether you end up heading to court or plan to consult with a mediator, unless you�ve sold 25 million albums, divorce is a time to pay particular attention to your finances. �The most important thing is you know your net worth when you are married,� says Cary Carbonaro, CFP, RIA of Family Financial Research. Start by creating a budget of your marriage�s money inflow and outflow. �You need to make sure stuff isn�t hidden from you. Get a list of the entire cash flow.� says Carbonaro. If you suspect your ex is hiding assets, Cabronaro recommends hiring a forensic accounting expert. If you believe are entitled to a portion of your former partner�s retirement ask about a Qualified Domestic Relations Order, or QDRO, which petition pension plans to give you the money.

Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Smart Money

Some Real Turkeys Among These Funds
By ROB WHERRY
Published: November 23, 2007

Discussion: THE PUTNAM FUND for Growth & Income (PGRWX)
If you happen to be one of the investors who have put a collective $30 billion in these funds, you're probably asking yourself a crucial question: Should I sell? The answer may not be that obvious.
"There has to be a good reason why it got beat up," says Cary Carbonaro, founder of Family Financial Research in Huntington, N.Y. "You can't stick with a manager just because he has a good excuse." Below, we have outlined a few reasons why many funds wound up on our list. Hopefully, you can take this information, dig a little deeper and eventually make a smart decision concerning your investment.

Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in Wall Street Journal

In Your 70s, Weighing Whether to Buy a Home or Rent
By KELLY GREENE
September 29, 2007; Page B2

The problem:
We recently sold our home and have relocated to a different part of the state. We are renting until we decide which neighborhood we wish to live in and have eight more months on our lease. Should we decide to buy at our ages, 75 and 73, or continue to rent? We are both healthy and able to pay all cash, or shouldn't have trouble getting a mortgage as we both have excellent credit and no debt. We have heard arguments both ways involving life expectancy, the continuing drop in housing prices within our time frame, and rentals becoming more scarce as homeowners are having to foreclose, etc.
--Herbert Dennis, Vancouver, Wash.

Two certified financial planners, one on the East Coast and the other on the West Coast, suggested that you seriously consider continuing to rent -- or, if you'd rather buy, at least scale down to a condominium with less maintenance involved than a house.

Financially speaking, you'll have to weigh what you're paying for rent against what you'd want to pay for a house, factoring in taxes and potential appreciation, says Cary Carbonaro, a planner who practices in Clermont, Fla., and New York. And if you have children, you'll need to think about whether it's important to you to leave them a house as their inheritance.

It's also important to consider how long you might want to own a new house -- especially, as you reference in your note, at a time when the housing market is struggling in many parts of the country. Whether the housing market is doing well or badly, there are so many extra costs involved in buying the roof over your head -- closing costs, insurance, and inspection and appraisal fees among them -- that over the first five to seven years, a renter who invests the equivalent of a down payment in stocks could probably do better overall than a house buyer.

And if you're worried about budgeting for monthly rent payments in retirement, you could set up a conservative investment portfolio with the profits from your house sale to provide income for that purpose, Ms. Carbonaro says. For example, a couple with $500,000 from a house sale could buy certificates of deposit with staggered maturity dates, Treasury bills, corporate bonds and a "tiny bit of some growth stock, and they could probably get 6% to 7% on that money," or about $32,500 a year, she says.

But the bigger question, says Phillip Cook, a planner in Torrance, Calif., is this: "What's your lifestyle?" If you're traveling a lot, you may not want to be "tied down to a house," and even if you tend to stay busy with activities closer to home, it's likely that you'll begin to hire out the "heavy-lifting" chores like yard work within the next decade or so.

"Rent is money going down a rathole, but you get some freedom you don't have when you own your own home," Mr. Cook says.

However, there's one potential pitfall to renting at the moment: With the meltdown of the subprime-mortgage market, rents could be pushed upward in coming months. You might want to check with your local building department to find out how many permits are being pulled to build multifamily residences, to make sure the supply is keeping up with demand.

Another option to consider is a condo, which typically costs a bit less than a single-family house and uses association fees to pay someone else to take care of the gardening. But it's better to buy in a development where owners live in their own units, rather than in a place where investors may be trying to resell units quickly -- and get caught, he adds.

And if you would like to combine your current residence with planning for possible personal-care needs in the future, scout out continuing-care retirement communities, or CCRCs, in the area, Ms. Carbonaro says. Such communities often charge a large upfront fee, which may or may not be refundable, along with monthly rent for an independent-living apartment or villa. But they generally have assisted-living and skilled-nursing units that residents can use for temporary or long-term medical needs, which might be a valuable amenity down the road.

� Send your question to [email protected]. Ask Encore/Focus on Retirement is a weekly column answering readers' questions about retirement and personal finance -- from annuities and bonds, to trusts and inheritance issues. Please include your full name and city and state.

Cary Carbonaro, CFP, MBA
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Cary Carbonaro Quoted in LI Newsday

ASK THE EXPERT
- Will annuity satisfy distribution?
Posted September 15th, 2007

The problem:
About three years ago, I purchased an immediate annuity with funds from my IRA and have been receiving monthly income from the annuity ever since. I turned 70 in June and have an additional $30,000 in a traditional IRA. Can I count the annuity payments as my minimum required IRA distribution when I turn 70 1/2?

The expert:
Cary Carbonaro, Certified Financial Planner and President, Family Financial Research, Huntington.

The rules:
An immediate annuity with a payment that stretches over your lifetime, that is issued by a commercial insurance company, does count as a required minimum distribution from your IRA.

How it works:
An immediate annuity is defined as an annuity that is purchased with a single premium or annuity consideration; the annuity starting date of which commences no later than one year from the date of the purchase of the annuity; and which provides for a series of substantially equal periodic payments (to be made not less frequently than annually) during the annuity period.

The strategy:
Add up the payments you're getting from this annuity, plus monthly or annual withdrawals you take from the additional IRA account you own. The total must reconcile with the amount listed as your required minimum distribution on the appropriate table provided by the Internal Revenue Service. Check with a professional or see IRS publication 590, available at the IRS website, to determine which table to use for your situation, and what your required minimum distribution is.

Your annuity probably has an "automatic adequacy" clause intended to satisfy your minimum required distribution. That clause would be fine if the annuity were the only IRA you owned. However, it won't protect you from the imposition of an under-distribution penalty if your total annual withdrawal from your IRAs is less than the IRS mandates.

The results:
Make sure you're taking the required minimum distribution. If you're not, the penalty for taking out too little is a 50 percent excise tax for that year on the amount not distributed as required.

Cary Carbonaro, CFP, MBA
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The Boston Globe August 5th, 2007

Cary Carbonaro Quoted - Sharing the wealth
- Social-networking websites let people compare saving strategies or trade financial advice

Posted August 5th, 2007


Cary Carbonaro, CFP, MBA
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Orlando Sentinel - Orlando, Fla. July 29, 2007

Section: Money Matters
Posted July 29, 2007
Subject: YOUR POCKETBOOK - ASK AN EXPERT
Estate may get to deduct gift - Cary Carbonaro quoted

Question:
I have money invested with a financial planner for growth income. What should my return be if my risk tolerance is moderate?
C.A., DeLeon Springs

Answer:
The first thing I would look at is your investment policy statement, which will have historical returns for your portfolio.
It shows the worst, best and average incomes.
You should match your portfolio to your risk-tolerance profile.
If you think it is low you can update this at any time.
A moderate risk return would be about 6 percent to 8 percent a year.
You should also complete a behavioral finance questionnaire which helps you determine your risk tolerance.

Cary Carbonaro, CFP, MBA
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Today's Chiropractic Lifestyle. July 20, 2007

Cary Carbonaro Quoted - On Your Credit Rating and Your Practice

Posted July 20, 2007


Cary Carbonaro, CFP, MBA
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The Fiduciary Voice. June 25, 2007

Cary Carbonaro
Posted June 25, 2007
Subject: Cary Carbonaro's interview with The Fiduciary Voice!
Listen to the Podcast!

Cary Carbonaro, CFP, MBA
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Orlando Sentinel - Orlando, Fla. March 25, 2007

Section: Money Matters
Posted March 25, 2007
Subject: YOUR POCKETBOOK - ASK AN EXPERT
Calling-card seller can get tax break - Cary Carbonaro quoted

Question:
We have $20,000 in credit-card debt. Is it better to refinance our mortgage or take a home-equity loan?
We plan on staying in our home.
M.D., Orlando

Answer:
It is a good idea to convert nondeductible consumer interest to deductible mortgage or home equity interest. For $20,000, I would go for the home-equity loan or line of credit. You can research the best rates on bankrate.com.

Cary Carbonaro, CFP, MBA
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Orlando Sentinel - Orlando, Fla. March 11, 2007

Section: Money Matters
Posted March 11, 2007
Subject: YOUR POCKETBOOK - ASK AN EXPERT
More options likely in IRA than 401(k) - Cary Carbonaro quoted

Question:
I have been divorced for two years. In my divorce settlement, I received 10 percent of a 401(k) plan and company stock. I have basically left everything alone because frankly, I did not really know what I should do with it. Since then, I have read articles that have led me to think I should be putting the money from the 401(k) into an IRA, and that maybe I should do something with the stocks.
C.S., Sanford

Answer:
I don't have enough information to give you specific advice.
I do think you would have more options with an IRA than in your former husband's 401(k). You need to determine your risk tolerance, timeframe, goals, etc. You should think about sitting down with a planner to discuss this.

Cary Carbonaro, CFP, MBA
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Tax Collectors of Florida

On January 10th 2007, Cary Carbonaro gave a 3.5 hour CE on Investments for the Tax Collectors of Florida in Orlando.
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Cary Carbonaro, CFP.
 

Radio Broadcast

Cary Carbonaro did syndicated radio show on end of year tax planning on Dec 21, 2006.
To Listen to a recorded copy of the Broadcast
Click here.
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Cary Carbonaro, CFP.
 

NEW BOOK Dec. 2006

Here is a new book that just came out!
I am one of 14 CFP's who contributed to the book.
Click here to get your copy today.
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Cary Carbonaro, CFP.
 

PRO-BONO Dec. 2006

In conjunction with National Financial Planning Association Pro Bono department:
Cary spoke Dec 15 and 16th at "Salute to American Hero's-Wounded Soldiers Conference in Orlando FL."
It was a great experience to give back by giving advice to those who need it most!
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Cary Carbonaro, CFP.
 

Orlando Sentinel - Orlando, Fla. October 15, 2006

Section: MONEY MATTERS
Posted October 15, 2006
Subject: YOUR QUESTIONS - Ask an expert
Cary Carbonaro quoted

Question:
I'm a 45-year-old career changer working for Southwest Airlines. I've set up my 401(k). I also have an Oppenheimer IRA as well as $50,000 in cash. I'm interested in buying a condo within one year, so I need to keep some cash on hand. How would you suggest I invest my cash while keeping enough free for the condo purchase? The money is in a savings account.
P.C.

Answer:
If you are going to be making a purchase, short-term, less than one year, I would not advise that you invest it.
The good news is liquid rates are climbing for the first time in years.
Go to www.bankrate.com to see the highest liquid rates or short-term CDs.
Some accounts even offer liquid CDs. You should be able to earn 5 percent on your money. This would be $2,500 a year in interest.
Cary Carbonaro, CFP
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Orlando Sentinel - Orlando, Fla. October 8, 2006

Section: MONEY MATTERS
Cary Carbonaro quoted
YOUR QUESTIONS
Who are the experts?
Posted October 8, 2006

The following certified financial planners participated in last week's Money Matters Hotline.
For information about financial planning and choosing a planner, check the Web site of the Financial Planning Association: www.fpanet.org. Look under "Public services."
Below is a partial list of the Financial Planners in the Orlando Area.

Richard Almeida, Winter Park, 407-740-5113
Frank Arnall, Winter Park, 407-678-4055
Al Baker, Winter Park, 407-767-8448
Fred Bremer, Longwood, 407-332-0108
Barbara Brenlove, Longwood, 407-331-8004, Ext. 109
Cary Carbonaro, Clermont, 352-408-9805
Richard Crouse, Altamonte Springs, 407-331-0678
Charles Fitzgerald, Maitland, 407-869-6228
Thomas Fleishel, DeLand, 386-738-1800
Glyn Griffis, Orlando, 407-648-7022
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Orlando Sentinel - Orlando, Fla. October 8, 2006

Section: MONEY MATTERS
Cary Carbonaro quoted
Posted October 8, 2006

Question:
What is the difference between a will and a living trust? I don't have many assets.
J.W., Gotha

Answer:
A will is a legal document that lists how you want to dispose of your assets at death. We consider this a ticket to probate. A living trust is a legal entity that owns your assets and allows you as trustee to manage the assets. If your assets are low, you need a will, not a trust. Both of these are revocable until death.
Cary Carbonaro, CFP
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Orlando Sentinel - Orlando, Fla. September 24, 2006

Section: MONEY MATTERS
Cary Carbonaro quoted
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30 Minute Finance September 24th, 2006

This week Ben welcomes Cary Carbonaro from Family Finance Research (NY, FL) �
Discussion focuses on the 8 Most Common Mistakes people make when managing their money. Carbonaro relays personal anecdotes of past clients to illustrate and differentiate between common mistakes made by the 3 different personality types, including:

1.) Those who want to manage their money
2.) Those who�d rather not think about it, and
3.) Those who wish to delegate it.

Topics range from �belly-up� stock investments in Enron to win-lose, commission transactions with non-fiduciary advisors.
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Click here to listen to, or download the entire Recording.
 

Money Magazine-May 2006

Unsolicited Advice for a Desperate Housewife
Cary Carbonaro quoted
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Click here to view entire article.
 

Kiplinger�s Magazine May 2006
PERFECT YOUR PORTFOLIO

In Search of a More Diversified Mix A committed saver seeks more balance, by Jeff Kosnett.
Quoted and worked with Cary Carbonaro
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Money Magazine-May 2006

Unsolicited Advice for a Desperate Housewife
Cary Carbonaro quoted
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Click here to view at link.
 

Long Island Newsday- March 25, 2006

Happier Returns
What to do with Rising Rates

Cary Carbonaro quoted
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Orlando Sentinel-March 19, 2006

One Recipe Can Yield a lot of Dough Pillsbury Bake off winners get rich,
but money doesn�t change who they are.

Cary Carbonaro & Charlie Fitzgerald Quoted
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Investors Business Daily - March 10th, 2006

"Exchange Traded Funds"
Advisors Urge Caution when Trading Options
By Murray Coleman
Cary Carbonaro & Jon White Quoted
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Click here to view entire article.
 

NEWSWEEK ONLINE Updated: Sept. 29, 2005

Just Not Married
Thinking of moving in? Find out how to avoid the financial pitfalls of cohabitating couples whether you're together forever, or just until the lease runs out.
WEB EXCLUSIVE
By Nicole Joseph
Cary Carbonaro quoted
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Chicago Tribune April 21, 2005

Personal umbrella liability policy provides safety net
By Novelda Sommers -- Daily Press Staff writer
Cary Carbonaro Quoted
Daily Press
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Click here to view entire article.
 

Financial Planning Magazine Jan 2005

The Bag Lady Bugaboo
Planners can help women address the real fears of poverty in old age.
By Janet Aschkenasy
Cary Carbonaro quoted
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Click here to view entire article.
 

Who really wants to be a millionaire? Nov. 7th, 2004

Handling a financial windfall takes some work
By Novelda Sommers -- Daily Press Staff writer
Cary Carbonaro Quoted
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Click here to view entire article.
 

Daily Commercial

Cary Carbonaro was in the Daily Commercial June 2, 2003 in the Business Briefs section for taking part in NBC's Today's Show on May 23, 2003. 
 

Quoted By David Drucker

Cary was quoted in the cover page article by David Drucker in Bloomberg Wealth Manager April 2003.
 

Ivanhoe Broadcast News

Cary Carbonaro taped a segment for Ivanhoe Broadcast News to be broadcast across the country called
"SMART WOMEN ARE TALKING ABOUT RETIREMENT. --Smart Move "
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