McNamaraOnMoney

Are bonds still a safe investment in today's economy? On this episode of McNamara on Money, Justin and Michael McNamara take a closer look at the bond market and what rising interest rates mean for investors, particularly those approaching or already enjoying retirement. With U.S. Treasury yields reaching surprising levels compared to countries like Greece, the McNamaras explain what's happening in the bond market and why it matters. They break down the relationship between interest rates and bond prices, the hidden risks of inflation and long-term bonds, and why even traditionally conservative investments can experience significant losses. Justin and Michael also share their approach to managing bond portfolios, including the advantages of shorter-term maturities and carefully balancing credit risk against interest rate exposure. Most importantly, they explain why bonds still have an essential role in retirement planning, providing income, helping stabilize portfolios, and reducing the need to sell stocks during market downturns. Whether you're building your retirement portfolio or simply trying to make sense of today's bond market, this episode offers practical insights to help you invest with greater confidence. McNamara Financial is a family-owned, independent, fee-only financial planning and investment management firm. For over 30 years, we’ve helped individuals and families on the South Shore and beyond navigate their financial futures with clarity, confidence, and care. 💼 Come see what it’s like to work with a fiduciary. http://mcnamarafinancial.com 📅 Want to speak with the team at McNamara Financial? Schedule a consultation today: 👉 https://mcnamarafinancial.com/contact

Medicare can be confusing, and with rising premiums and changing coverage options, making the right decisions is more important than ever. This week on McNamara on Money, Mike McNamara welcomes Medicare specialist Peter Stoner for a practical conversation about navigating Medicare and understanding what recent changes could mean for your healthcare costs. Together, they break down Medicare Parts A, B, C, and D, explain why prescription drug plan premiums are climbing, and answer listener questions about dental coverage, GoodRx discounts, and retirement benefits. Plus, learn about McNamara Financial Services' upcoming Medicare seminar on October 29 via Zoom, where you can get additional information to help you make informed decisions about your coverage. Whether you're approaching Medicare eligibility or reviewing your current plan, this episode offers valuable insights to help you understand your options and avoid costly surprises. McNamara Financial is a family-owned, independent, fee-only financial planning and investment management firm. For over 30 years, we’ve helped individuals and families on the South Shore and beyond navigate their financial futures with clarity, confidence, and care. 💼 Come see what it’s like to work with a fiduciary. http://mcnamarafinancial.com 📅 Want to speak with the team at McNamara Financial? Schedule a consultation today: 👉 https://mcnamarafinancial.com/contact

Alyssa McNamara Reed takes a closer look at one of the biggest questions in retirement planning: does long-term care insurance still make financial sense? Drawing on more than two decades of experience, Alyssa compares traditional long-term care policies, newer hybrid options, and the alternative of setting aside your own assets to cover future care. She examines how rising premiums, tighter benefits, monthly coverage limits, and reduced inflation protection have changed the value of these policies over time. Long-term care insurance can still provide important protection, particularly when someone faces an unexpected illness or needs care for many years. But today’s policies require careful scrutiny. Alyssa walks through the numbers and tradeoffs to help listeners think more clearly about whether buying insurance or self-funding is the better fit for their retirement plan. McNamara Financial is a family-owned, independent, fee-only financial planning and investment management firm. For over 30 years, we’ve helped individuals and families on the South Shore and beyond navigate their financial futures with clarity, confidence, and care. 💼 Come see what it’s like to work with a fiduciary. http://mcnamarafinancial.com 📅 Want to speak with the team at McNamara Financial? Schedule a consultation today: 👉 https://mcnamarafinancial.com/contact

In this episode of McNamara on Money, Justin McNamara and Mike McNamara take a closer look at what’s happening in the bond market and why it matters to investors, especially those approaching or living in retirement. They break down the basics of how bonds work, why bond prices tend to fall when interest rates rise, and what today’s Treasury yields may be telling us about the broader economy and the nation’s fiscal outlook. The conversation also explores inflation, credit risk, government deficits, and why shorter-term bonds may play an important role in managing uncertainty. Most importantly, Justin and Mike discuss the role bonds are actually meant to play in a diversified portfolio: generating income, reducing volatility, and providing greater stability when the stock market gets rough. McNamara Financial is a family-owned, independent, fee-only financial planning and investment management firm. For over 30 years, we’ve helped individuals and families on the South Shore and beyond navigate their financial futures with clarity, confidence, and care. 💼 Come see what it’s like to work with a fiduciary. http://mcnamarafinancial.com 📅 Want to speak with the team at McNamara Financial? Schedule a consultation today: 👉 https://mcnamarafinancial.com/contact

Insurance is about more than policies and premiums. It’s about protecting what you’ve worked hard to build. In this episode of *McNamara on Money*, private risk consultant Dylan Flaherity joins the conversation to explore the role insurance plays in a comprehensive financial plan. They discuss why standard coverage may not always be enough, particularly for people with significant assets, high-value homes, collectibles, or multiple vehicles. Dylan explains the importance of excess liability coverage and how everyday situations, from an auto accident to an injury on your property, can create unexpected financial exposure. The conversation also looks at why insurance needs change over time. Home renovations, rising construction costs, teenage drivers, and other life changes can all leave once-adequate coverage out of date. The takeaway is simple: insurance shouldn’t be something you buy and forget. Regularly reviewing your coverage can help ensure that the assets you’ve built are properly protected as your life and financial circumstances change. 📅 Want to speak with the team at McNamara Financial? Schedule a consultation today: 👉 https://mcnamarafinancial.com/contact ⸻ McNamara Financial is a family-owned, independent, fee-only financial planning and investment management firm. For over 30 years, we’ve helped individuals and families on the South Shore and beyond navigate their financial futures with clarity, confidence, and care. 💼 Come see what it’s like to work with a fiduciary. http://mcnamarafinancial.com