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NORTHERN NEW JERSEY | VOL. 2

WHAT’S INSIDE TOURNAMENT SCHEDULES P G A • LPGA • GRAND SLAM TE N N I S RECOMMENDED SERVICE DIRECTORY INV E S TI NG • TRAVEL • LIVING

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EARN NEW CLIENTS

GROW YOUR BUSINESS


FEATURES 4

Luxury Living Ideas

13 Exciting Travel Destinations 32 Countdown to Retirement

TOURNAMENT SCHEDULES 16

LPGA Tournaments

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PGA Tournaments

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Grand Slam Tennis Tournaments - Australian

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Grand Slam Tennis Tournaments - French

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Grand Slam Tennis Tournaments - Wimbledon

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Grand Slam Tennis Tournaments - US Open

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NORTHERN NEW JERSEY | VOL. 2

LUXURY

LIVING IDEAS OPEN FLOOR PLANS

A Luxurious home is not just well appointed, it is one where the amenities allow you to feel spoiled. Pools, saunas, in-home gyms, backyard tennis courts, game rooms, and wine cellars are a few things that come to mind.

An open floor plan is one of the most sought-after criteria when deciding on a new home purchase or a new renovation idea. An open and airy floor plan allows the homeowner to elaborate on their design aesthetic and showcase the home’s individual, luxurious features, like a grand entryway or a beautifully designed staircase.

OUTDOOR KITCHENS If opulence and luxury are key, then a standard, fully-stocked kitchen is simply no longer enough. One may consider adding a cozy outdoor living area complete with outdoor kitchen, featuring built-in gas grills and refrigerated food and drink storage. Some other top amenities include expansive outdoor pools with water features such as waterfalls, hot tubs, changing cabanas, and saunas.

(... continued on page 6) 4


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NORTHERN NEW JERSEY | VOL. 2

WINE CELLARS Exquisite wine storage is another amenity that most affluent homes contain. Private wine cellars built using materials such as glass and wood and are often thought to be works of art themselves. When considering one of these beauties, many factors come into play. One will want to consider the placement, temperature, humidity control, and of course bottle size accommodations.

LOCATION IS EVERYTHING When it comes to luxury home ownership, nothing beats a great location. Everyone desires their own slice of blissful paradise. One of the most important aspects to consider are privacy features such as bushes, hedges, trees or walls. The right landscape design features provide a concealed oasis, where one can relax and wind down. Picture yourself in a secluded ranch or gated beachfront enclave! (... continued on page 8) 6


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NORTHERN NEW JERSEY | VOL. 2

GAME ROOMS Game rooms or entertainment rooms are an old idea, but still on top of the list of luxury living ideas. Some would argue a luxury home is not complete without an inhome theatre or game room. The boundaries continue to be expanded with extra amenities such as indoor basketball courts, lavish sports bar set-ups, exquisite billiard areas, additional televisions and beverage storage.

IN-HOME TECHNOLOGY

This newer trend has taken over the luxury market by storm, and these technological innovations have garnered the new term of “Smart Homes,� and along with it, smart devices. When it comes to technology, most luxury builders cater to this tech-trend and offer amenities to help with just about all facets of home management. Some things you can do at the touch of a button or smartphone are control indoor climate, window and door security, and lighting. Additionally, an integrated smart home provides the owner with remote access cameras and security systems. (... continued on page 10)

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NORTHERN NEW JERSEY | VOL. 2

DRESSING ROOMS A dressing room is simply an extension of the master bedroom. This feature is commonly a top priority for the wealthy, as it functions as a place to both store and display lavish items such as purses, shoes, hats, and jewelry. There is an increasing demand among the jet-set crowd for larger and more lavish closet designs. Typical setups include cedar shelving, storage chests, ample lighting, and mirrors for cosmetics or modeling outfits.

LUXURY LIVING IDEAS

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NORTHERN NEW JERSEY | VOL. 2

TRENDING LOCATIONS FOR A GREAT VACATION

EXCITING TRAVEL

Destinations If you are looking for some exciting and awe inspiring travel destinations, consider the following locations.

1. Sweden, a Scandinavian nation in Europe, offers some wonderful natural experiences and places to visit. Enjoy hiking in vast boreal forests and witness an all-white wild moose. Most principal cities, including Stockholm, are all coastal and offer breathtaking views of the towns and waterfront areas. There are historic medieval towns, an abundance of bridges, royal palaces, and museums to visit. Another sight you will not want to miss are the Northern Lights in Lapland. 2. Tenerife, Spain is the largest of the Canary Islands, which is dominated by Spain’s tallest peak, and dormant volcano, Mt. Teide. Enjoy parades, music, dancing, and a variety of colorful costumes at the Carnaval de Santa Cruz. The island hosts many beaches, some featuring black sand, resort areas to enjoy your stay, high-end restaurants, night clubs, golf courses, and water based sports. 3. Greece, a southeastern European country with thousands of islands to explore and enjoy. (...continued on page 14)

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NORTHERN NEW JERSEY | VOL. 2

There are a vast amount of sites to visit and places to see that tickle any particular interest. With a plethora of archaeological sites, museums, and historical tours, there is a lot to see and do. To name a few notable sites, The Acropolis is a must see as it is home to some of the most marvelous architectural feats known to exist by this advanced civilization, including the Parthenon and Erecthion. The Panathinaiko Stadium in Athens is the world’s only stadium built in its entirety of marble. This site is home to the first modern Olympics in 1896, where it held a whopping 80,000 people. Aside from the

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numerous archeologic areas, Greece also has wonderful beaches, hotels, bars, restaurants, tours, ferries, and charters. 4. France, known for its exquisite cuisine, is also home to famous fashion houses, many classical art museums including the Louvre, and monuments such as the Eiffel Tower, the Seine, Notre-Dame cathedral, Arc de Triomphe, and the Palace of Versailles. There are also magnificent parks, great music, ancient cave drawings, and renowned wine tasting sites.


2020 LPGA TOURNAMENT SCHEDULE DATES JAN 13 -19 JAN 20 - 26 FEB 3 - 9 FEB 10 - 16 FEB 17 - 23 FEB 24 - MAR 1 MAR 2 - 8 MAR 16 - 22 MAR 23 - 29 MAR 30 - APR 5 APR 13 - 18 APR 20 - 26 APR 27 - MAY 3 MAY 11 - 17 MAY 18 - 24 MAY 25 - 31 JUN 1 - 7 JUN 8 - 14 JUN 15 - 21 JUN 22 - 28 JUL 6 - 12 JUL 13 - 18 JUL 20 - 26 AUG 10 - 16 AUG 17 - 23 AUG 24-30 AUG 31 - SEP 6 SEP 7 - 13 SEP 28- OCT 4 OCT 12 - 18 OCT 19 - 25 OCT 26 - NOV 1 NOV 2 - 8 NOV 16 - 22

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TOURNAMENT

Diamond Resorts Tournament of Champions presented by Insurance Office of America Gainbridge LPGA at Boca Rio Boca Rio Golf Club, Boca Raton, Florida Vic Open 13th Beach Golf Links, Victoria, Australia 3227 ISPS Handa Women’s Australian Open Royal Adelaide Golf Club, Adelaide, South Australia Honda LPGA Thailand Siam CC - Old Course, Chonburi, Thailand 20150 HSBC Women’s World Championship Sentosa GC-New Tanjong Course, Singapore 099892 Blue Bay LPGA Jian Lake Blue Bay Golf Club, People’s Republic of China Bank Of Hope Founders Cup Wildfire GC, Phoenix AZ 85054 Kia Classic Aviara GC, Carlsbad, CA 92009 ANA Inspiration Mission Hills CC, Rancho Mirage, CA 92270 LOTTE Championship Ko Olina GC, Oahu, HI 96707 Hugel-Air Premia LA Open Wilshire CC, Los Angeles, CA 90004 LPGA MEDIHEAL Championship Lake Merced GC, Daly City, CA 94015 Pelican Women’s Championship presented by DEX Imaging Pure Silk Championship Kingsmill Resort, Williamsburg, VA 23185 ShopRite LPGA Classic Presented by Acer presented by Acer U.S. Women’s Open Championship conducted by the USGA Meijer LPGA Classic For Simply Give Blythefield CC, Grand Rapids, MI 49305 Walmart NW Arkansas Championship Pinnacle CC, Rogers, AR 72758 KPMG Women’s PGA Championship Aronimink Golf Club, Pennsylvania Marathon Classic Highland Meadows GC, Sylvania, OH 43560 Dow Great Lakes Bay Invitational Midland CC, Midland, MI 48642 The Evian Championship Evian Resort GC, 74500 Evian-les-Bains, France Aberdeen Standard Investments Ladies Scottish Open The Renaissance Club, North Berwick, Scotland EH39 5HS AIG Women’s British Open Royal Troon Golf Club, Troon, Scotland UL International Crown Centurion Club, St. Albans, England CP Women’s Open Magna Golf Club, Ontario, Canada L4G 7C3 Cambia Portland Classic Columbia Edgewater CC, Portland, OR 97211 Volunteers of America Classic Old American GC, The Colony, TX 75056 Buick LPGA Shanghai

Shanghai Qizhong Garden GC, Minhang District, Shanghai, China

BMW Ladies Championship LPGA International Busan, South Korea Swinging Skirts LPGA Taiwan Championship TOTO Japan Classic Seta Golf Course-North, Shiga, Japan CME Group Tour Championship Ritz Carlton Golf Resort-Tiburon GC, Naples, FL 34109

* Schedule subject to change PURSE

DEFENDING CHAMPION

$1,200,000

(Eun-Hee Ji)

$2,000,000

(Inaugural Year)

$1,100,000

(Celine Boutier)

$1,300,000

(Nelly Korda)

$1,600,000

(Amy Yang)

$1,500,000

(Sung Hyun Park)

$2,100,000

(Gaby Lopez 2018)

$1,500,000

(Jin Young Ko)

$1,800,000

(Nasa Hataoka)

$3,100,000

(Jin Young Ko)

$2,000,000

(Brooke Henderson)

$1,500,000

(Minjee Lee)

$1,800,000

(Sei Young Kim)

$1,750,000

(Inaugural Year)

$1,300,000

(Bronte Law)

$1,750,000

(Lexi Thompson)

$5,500,000

(Jeonguen Lee6)

$2,300,000

(Brooke Henderson)

$2,000,000

(Sung Hyun Park)

$4,300,000

(Hannah Green)

$1,850,000

(Sei Young Kim)

$2,300,000

(Cydney Clanton) (Jasmine Suwannapura)

$4,100,000

(Jin Young Ko)

$1,500,000

(Mi Jung Hur)

$4,500,000*

(Hinako Shibuno)

$1,600,000

(Team Korea)

$2,350,000

(Jin Young Ko)

$1,300,000

(Hannah Green)

$1,400,000

(Cheyenne Knight)

$2,100,000

(Danielle Kang)

$2,000,000

(Inaugural Year)

$2,200,000

(Nelly Korda)

$1,500,000

(Nasa Hataoka)

$5,000,000

(Lexi Thompson)


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I’m committed to helping you — at every stage of your home financing needs Imagine where you would like to call home. Bigger house. Place with a view. Change of pace. Whatever your reason for buying a home, we’re here to help make it happen for you. You’ll have the programs, tools, and personal support you’ll need at every stage of the loan process. Let’s work together to discover your home financing need. Together we make it happen!

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Information is accurate as of date of printing and is subject to change without notice. Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. © 2019 Wells Fargo Bank, N.A. All rights reserved. NMLSR ID 399801. AS5028079 Expires 11/2020


A lender you can count on •

Justin has over 12 years in the mortgage industry/profession.

Justin has been recognized as a member of Wells Fargo’s President’s Club and Leader’s Club since 2016.

Over $315 million in mortgage loans funded since 2007.

Top 40 in Wells Fargo for Purchase Units

Top 1% of Mortgage Originators for Wells Fargo Home Mortgage

Justin is able to leverage his extensive industry experience along with the resources of Wells Fargo — to provide a variety of mortgage options to fit a buyer’s need. Justin M. Sokol Home Mortgage Consultant Relocation Lending Specialist 732-861-2545 justin.m.sokol@wellsfargo.com www.wfhm.com/justin-sokol NMLSR ID 429718

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2019-2020 PGA TOURNAMENT SCHEDULE

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DATES

TOURNAMENT

DEFENDING CHAMPION

AUG 1 - 4

Wyndham Championship Sedgefield CC,  Greensboro,  NC 

Brandt Snedeker $1,080,000

AUG 8 - 11

THE NORTHERN TRUST Liberty National GC,  Jersey City,  NJ 

Bryson DeChambeau $1,620,000

AUG 15 - 18

BMW Championship Medinah CC (No. 3),  Medinah,  IL 

Keegan Bradley $1,620,000

AUG 22 - 25

TOUR Championship East Lake GC,  Atlanta,  GA 

Xander Schauffele $1,575,000

SEP 12 - 15

A Military Tribute at The Greenbrier The Old White TPC, White Sulphur Springs, WV

Kevin Na $1,314,000

SEP 19 - 22

Sanderson Farms Championship CC of Jackson, Jackson, MS

Cameron Champ $792,000

SEP 26 - 29

Safeway Open Silverado Resort and Spa North, Napa, CA

Kevin Tway $1,152,000

OCT 3 - 6

Shriners Hospitals for Children Open TPC Summerlin, Las Vegas, NV

Bryson DeChambeau $1,260,000

OCT 10 - 13

Houston Open GC of Houston, Humble, TX

Ian Poulter $1,260,000

OCT 17 - 20

THE CJ CUP @ NINE BRIDGES Nine Bridges, Jeju Island, KOR

Brooks Koepka $1,710,000

OCT 24 - 27

The ZOZO CHAMPIONSHIP Accordia Golf Narashino CC, Chiba, JPN

OCT 31 - NOV 3

Bermuda Championship Port Royal GC, Southampton, BER

OCT 31 - NOV 3

World Golf Championships-HSBC Champions Sheshan International GC, Shanghai, CHN

Xander Schauffele $1,700,000

NOV 14 - 17

Mayakoba Golf Classic El Camaleon GC, Playa del Carmen, MEX

Matt Kuchar $1,296,000

NOV 21 - 24

The RSM Classic Sea Island Resort (Seaside), Sea Island, GA

Charles Howell III $1,152,000

DEC 4 - 7

Hero World Challenge Albany, New Providence, BAH

Jon Rahm $1,000,000

DEC 12 - 15

Presidents Cup Royal Melbourne GC, Melbourne, Victoria, AUS

United States

DEC 13 - 15

QBE Shootout Tiburón GC, Naples, FL

Brian Harman, Patton Kizzire

JAN 2 - 5

Sentry Tournament of Champions Plantation Course at Kapalua, Kapalua, Maui, HI

Xander Schauffele $1,300,000

JAN 9 - 12

Sony Open in Hawaii Waialae CC, Honolulu, HI

Matt Kuchar $1,152,000

JAN 16 - 19

Desert Classic Stadium Course, La Quinta, CA

Adam Long $1,062,000

JAN 23 - 26

Farmers Insurance Open Torrey Pines GC (South), San Diego, CA

Justin Rose $1,278,000

JAN 30 - FEB 2

Waste Management Phoenix Open TPC Scottsdale, Scottsdale, AZ

Rickie Fowler $1,278,000

FEB 6 - 9

AT&T Pebble Beach Pro-Am Pebble Beach GL, Pebble Beach, CA

Phil Mickelson $1,368,000

FEB 13 - 16

The Genesis Invitational Riviera CC, Pacific Palisades, CA

J.B. Holmes $1,332,000

FEB 20 - 23

Puerto Rico Open Coco Beach Golf & CC, Rio Grande, PUR

Martin Trainer $540,000 (... continued on page 22)


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2020 PGA TOURNAMENT SCHEDULE

22

DATES

TOURNAMENT

DEFENDING CHAMPION

FEB 20 - 23

World Golf Championships-Mexico Championship Club de Golf Chapultepec, Mexico City, MEX

Dustin Johnson $1,745,000

FEB 27 - MAR 1

The Honda Classic PGA National (Champion), Palm Beach Gardens, FL

Keith Mitchell $1,224,000

MAR 5 - 8

Arnold Palmer Invitational presented by Mastercard Bay Hill Club & Lodge, Orlando, FL

Francesco Molinari $1,638,000

MAR 12 - 15

THE PLAYERS Championship TPC Sawgrass, Ponte Vedra Beach, FL

Rory McIlroy $2,250,000

MAR 19 - 22

Valspar Championship Innisbrook Resort (Copperhead), Palm Harbor, FL

Paul Casey $1,206,000

MAR 26 - 29

Corales Puntacana Resort & Club Championship Corales Golf Club, Punta Cana, DOM

Graeme McDowell $540,000

MAR 26 - 29

World Golf Championships-Dell Technologies Match Play Austin Country Club, Austin, TX

Kevin Kisner $1,745,000

APR 2 - 5

Valero Texas Open TPC San Antonio - AT&T Oaks, San Antonio, TX

Corey Conners $1,350,000

APR 9 - 12

Masters Tournament Augusta National GC, Augusta, GA

Tiger Woods $2,070,000

APR 16 - 19

RBC Heritage Harbour Town GL, Hilton Head, SC

C.T. Pan $1,242,000

APR 23 - 26

Zurich Classic of New Orleans TPC Louisiana, Avondale, LA

R. Palmer / J. Rahm $1,051,200

APR 30 - MAY 3

Wells Fargo Championship Quail Hollow Club, Charlotte, NC

Max Homa $1,422,000

MAY 7 - 10

AT&T Byron Nelson Trinity Forest Golf Club, Dallas, TX

Sung Kang $1,422,000

MAY 14 - 17

PGA Championship TPC Harding Park, San Francisco, CA

Brooks Koepka $1,980,000

MAY 21 - 24

Charles Schwab Challenge Colonial CC, Fort Worth, TX

Kevin Na $1,314,000

MAY 28 - 31

Rocket Mortgage Classic Detroit Golf Club, Detroit, MI

Nate Lashley $1,314,000

JUN 4 - 7

The Memorial Tournament presented by Nationwide Muirfield Village GC, Dublin, OH

Patrick Cantlay $1,638,000

JUN 11 - 14

RBC Canadian Open St. George’s G&CC, Toronto, ON, CAN

Rory McIlroy $1,368,000

JUN 18 - 21

U.S. Open Winged Foot GC, Mamaroneck, NY

Gary Woodland $2,250,000

JUN 25 - 28

Travelers Championship TPC River Highlands, Cromwell, CT

Chez Reavie $1,296,000

JUL 2 - 5

Barracuda Championship Montreux G&CC, Reno, NV

Collin Morikawa $630,000

JUL 2 - 5

World Golf Championships-FedEx St. Jude Invitational TPC Southwind, Memphis, TN

Brooks Koepka $1,745,000

JUL 9 - 12

John Deere Classic TPC Deere Run, Silvis, IL

Dylan Frittelli $1,080,000

JUL 16 - 19

Barbasol Championship Keene Trace Golf Club, Nicholasville, KY

Jim Herman $630,000

JUL 16 - 19

The Open Championship Royal St. George’s GC, Sandwich, Kent, ENG

Shane Lowry $1,935,000

JUL 23 - 26

3M Open TPC Twin Cities, Blaine, MN

Matthew Wolff $1,152,000


2020 GRAND SLAM TOURNAMENT SCHEDULE Date

Session

Rod Laver

Margaret Court

Wed 1/15

Outside Courts 10:00am

Featured Matches Qualifying

Thu 1/16

10:00am

Qualifying

Fri 1/17

10:00am

Qualifying

Sat 1/18

10:00am

Qualifying

Sun 1/19

no play

Mon 1/20 Tue 1/21

Day

11:00am

11:00am

11:00am

Night

7:00pm

Day

11:00am 7:00pm

11:00am

11:00am

11:00am

11:00am –

2nd singles round

11:00am

11:00am

2nd singles round

11:00am 7:00pm

11:00am 7:30pm

11:00am

11:00am 7:00pm

11:00am 7:30pm

11:00am

11:00am 7:00pm

11:00am

11:00am

11:00am

11:00am

no play

11:00am

Night Wed 1/22

Day

11:00am 7:00pm

Night Thu 1/23

Day

Day

11:00am 7:00pm

Night Sat 1/25

Day

Day Day

11:00am 7:30pm

Night Tue 1/28

Day

11:00am 7:00pm

Night Wed 1/29

Day Day

11:00am 7:30pm

no play

Twilight

11:00am 7:30pm

no play

Twilight

3:00pm

no play

Twilight

11:00am

1:00pm 4:30pm 7:00pm

3:00pm –

no play

7:30pm Sun 2/1

11:00am

– 7:30pm

Sat 2/1

4th singles round Quarterfinal Singles Quarterfinal Singles

Night Fri 1/31

4th singles round

Night Thu 1/30

3rd singles round

Night Mon 1/27

3rd singles round

Night Sun 1/26

1st singles round

Night Fri 1/24

1st singles round

1:00pm –

no play

no play

2 x Women’s Singles Semifinal 1 x Men’s Singles Semifinal Women’s Doubles Final 1 x Men’s Singles Semifinal Men’s Doubles Final Women’s Final Mixed Doubles Final Men’s Singles Final

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25


2020 GRAND SLAM TOURNAMENT SCHEDULE DATE

26

PLAY START

SESSION

Mon May 25

11:00 AM

Day-First Round

Tue May 26

11:00 AM

Day-First Round

Wed May 27

11:00 AM

Day-First Round

Thu May 28

11:00 AM

Day-Second Round

Fri May 29

11:00 AM

Day-Second Round

Sat May 30

11:00 AM

Day-Third Round

Sun Jun 31

11:00 AM

Day-Third Round

Mon Jun 1

11:00 AM

Day-Fourth Round

Tue Jun 2

11:00 AM

Day-Fourth Round

Wed Jun 3

11:00 AM

Day-Quarter Finals

Thu Jun 4

12:00 PM

Day-Quarter Finals

Fri Jun 5

12:00 PM

Day-Women’s Semi Finals

Sat Jun 6

12:00 PM

Day-Men’s Semi Finals

Sun Jun 7

12:00 PM

Day-Women’s Finals

Mon Jun 8

12:00 PM

Day -Men’s Finals


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2020 GRAND SLAM TOURNAMENT SCHEDULE DATE

PLAY START OUTER COURTS

PLAY START SESSION SHOW COURTS

Mon Jun 29

12:00 PM

1:00 PM

First Round

Tues Jun 30

12:00 PM

1:00 PM

First Round

Wed Jul 1

12:00 PM

1:00 PM

Second Round

Thu Jul 2

12:00 PM

1:00 PM

Second Round

Fri Jul 3

12:00 PM

1:00 PM

Third Round

Sat Jul 4

12:00 PM

1:00 PM

Third Round

Sun Jul 5

Mon Jul 6

12:00 PM

1:00 PM

Round of 16

Tue Jul 7

12:00 PM

1:00 PM

Womens Quarterfinals

Wed Jul 8

12:00 PM

1:00 PM

Mens Quarterfinals

Thu Jul 9

12:00 PM

1:00 PM

Womens Semifinals

Fri Jul 10

12:00 PM

1:00 PM

Mens Semifinals

Sat Jul 11

12:00 PM

2:00 PM

Womens Finals

Sun Jul 12

12:00 PM

2:00 PM

Mens Finals

No Play


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2020 GRAND SLAM TOURNAMENT SCHEDULE SESSION

30

DATE

SCHEDULE

PLAY START

MATCHES

Tue 25 Aug

Day

11:00 AM

Qualifying Tournament

Wed 26 Aug

Day

11:00 AM

Qualifying Tournament

Thu 27 Aug

Day

11:00 AM

Qualifying Tournament

Fri 28 Aug

Day

11:00 AM

Qualifying Tournament

Sat 29 Aug

Day

9:30 AM

Arthur Ashe Kids’ Day

1

Mon 31 Aug

Day

11:00 AM

Men’s / Women’s R1

2

Mon 31 Sep

Night

7:00 PM

Men’s / Women’s R1

3

Tue 1 Sep

Day

11:00 AM

Men’s / Women’s R1

4

Tue 1 Sep

Night

7:00 PM

Men’s / Women’s R1

5

Wed 2 Sep

Day

11:00 AM

Men’s / Women’s R2

6

Wed 2 Sep

Night

7:00 PM

Men’s / Women’s R2

7

Thu 3 Sep

Day

11:00 AM

Men’s / Women’s R2

8

Thu 3 Sep

Night

7:00 PM

Men’s / Women’s R2

9

Fri 4 Sep

Day

11:00 AM

Men’s / Women’s R3

10

Fri 4 Sep

Night

7:00 PM

Men’s / Women’s R3

11

Sat 5 Sep

Day

11:00 AM

Men’s / Women’s R3

12

Sat 5 Sep

Night

7:00 PM

Men’s / Women’s R3

13

Sun 6 Sep

Day

11:00 AM

Men’s / Women’s Round of 16

14

Sun 6 Sep

Night

7:00 PM

Men’s / Women’s Round of 16

15

Mon 7 Sep

Day

11:00 AM

Men’s / Women’s Round of 16

16

Mon 7 Sep

Night

7:00 PM

Men’s / Women’s Round of 16

17

Tue 8 Sep

Day

11:00 AM

Men’s / Women’s Quarterfinals

18

Tue 8 Sep

Night

7:00 PM

Men’s / Women’s Quarterfinals

19

Wed 9 Sep

Day

11:00 AM

Men’s / Women’s Quarterfinals

20

Wed 9 Sep

Night

7:00 PM

Men’s / Women’s Quarterfinals

21

Thu 10 Sep

Night

7:00 PM

Women’s Semifinals

22

Fri 11 Sep

Day

12:00 PM

Mixed Doubles Final / Men’s Semifinals

23

Sat 12 Sep

Day

12:00 PM

Men’s Doubles Final / Women’s Final

24

Sun 13 Sep

Day

12:00 PM

Women’s Doubles Final / Men’s Final


31


NORTHERN NEW JERSEY | VOL. 2

The Countdown

To Retirement

Money See Where You Stand - It’s time to assess how prepared, or unprepared, you are financially for retirement.

Take a quick test: Assuming your retirement is about 10 years away, you want to have roughly seven times your current salary in savings, according to research from Fidelity. That puts you on the road to having about 10 times your final salary saved by retirement and maintaining your present standard of living. Retire before hitting 67 and you’ll need more saved; after, you’ll need less.

. o a deeper dive: Plug your current numbers (such as earnings, savings and future D pensions) into an online calculator to estimate your retirement income. Experts say you’ll need 75 to 80 percent of preretirement income to live well — debatable but a good starting point.

. on’t despair: You have 10 years to act, by earning more, trimming expenses or D delaying retirement. “Whatever you can do can only help,” says George Papadopoulos, a financial planner in Novi, Mich.

Save the easy way If you’re among the 82 percent of workers paid via direct deposit, save more by splitting your pay across accounts. Have your payroll department put part of each check into an online savings account, where it’s out of sight and out of mind. The direct-deposit users who split their deposits save up to $90 more per month than those who use another method to save, according to a recent study. (. . .continued on page 34)

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NORTHERN NEW JERSEY | VOL. 2

Pad your nest egg If you already have significant savings in a 401(k), 403(b) or IRA, open a Roth IRA (in 2019 you can contribute up to $7,000 if you’re 50 or older), or put money into a regular taxable account.

Why do it: You’re laying the groundwork for lower taxes later. Say you need a new roof on your house in retirement. If you take money from a 401(k) or traditional IRA, it is taxable as ordinary income, and you may end up in a higher tax bracket, explains Carolyn McClanahan, founder of Life Planning Partners. But you can pull your contributions from a Roth IRA tax free (earnings, too, if you’re at least 59½ and have had the Roth at least five years). You can also invest via a basic taxable brokerage account;when you sell securities, you’ll pay only (usually lower) capital gains taxes on the profits.

Pay down the mortgage The problem with a mortgage in retirement is that you may have to sell investments to cover payments. And sometimes that will be when the markets are down - the worst possible time to sell, says Shelley Giordano, chair of the Funding Longevity Task Force at the American College of Financial Services. Her advice: 1. In place of your monthly payments, make half payments every two weeks. Those 26 payments per year are the equivalent of 13 monthly payments, resulting in a faster payoff and lower total interest costs. 2. Got a tax refund? A bonus? A side job? Apply that to your principal. 3. Avoid refinancing your mortgage, since a new loan with a later payoff date means more of your monthly payment goes to interest expense, not an increase in your home equity. 4. Don’t use a home equity loan or line of credit for purchases. The new tax law makes that less attractive, says Giordano. And this is the wrong time to be growing your mortgage debt.

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NORTHERN NEW JERSEY | VOL. 2

Put new retirement savings to work Not sure where to invest additional money? Aim for growth, somewhere between a trip to Vegas and stuffing cash into your mattress. The sweet spot •. Balanced mutual funds: Seek a mix of stocks and bonds; a 50/50 or 60/40 ratio of stocks to bonds is reasonable. • Target-date mutual funds: These balanced funds automatically adjust investments to lower risk as you age. Conservative but sound • High-grade corporate bond funds • Money market accounts • U.S. government bond funds • Certificates of deposit and online savings accounts (See bankrate.com for Federal Deposit Insurance Corp.–insured banks offering higher rates.) • Series I inflation-protected savings bonds (sold at treasurydirect.gov)

Work Prepare Your Plan B - Ask yourself these questions, and be honest. 1. Do I work in a stable and growing industry? 2. Do I work for a stable and growing company? 3. Is my heart still in it? Have you answered no to any? It’s time to update your LinkedIn profile and see what else is out there.

Why do it: Only about half of workers cruise their way to a planned, voluntary retirement; the rest of us exit prematurely, often as a result of job loss or burnout. But you still have time to regroup. “With 10 years to go, there is still enough runway to make a mark,” says career and retirement expert Nancy Collamer.

. ow to do it: You know the routine. Tell people who can help you. Sign up for job alerts H on the go-to site in your industry. Browse the postings that interest you, and note the skills that employers are seeking.

. ant to stay put? Get busy anyway. “Whether you drive a bus or work in a store or W in a professional occupation, maximize your opportunities by building your capital,” Collamer advises. “Give talks or write articles to boost your profile, or take advantage of short-term training programs.” One option: Go to linkedin.com/learning and get online access to thousands of business, creative and technology courses for $30 per month. Miller, Mark and Powell, Robert, AARP (2019, Feb 6). Countdown to Retirement: 10 Years [Web log post]. Retrieved from https://www.aarp.org/retirement/planning-for-retirement/info-2019/10-year-countdown.html

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RECOMMENDED SERVICE DIRECTORY

ACCOUNTING Robert A. Karpowicz CPA...................................... 28

LUXURY AUTO STORAGE Car Lofts......................................... Back Inside Cover

BANK Lakeland Bank............................................................25

MENTAL HEALTH Bethel Care Services................................................. 21

CHAUFFEUR SERVICES Chauffeurs Unlimited Inc.......................................... 11

MORTGAGES Justin M. Sokol - Wells Fargo Home Mortgage..........................................18-19, Front Cover Wayne Balle - CrossCountry Mortgage.............. 1,9

CONCRETE WASHOUT SYSTEMS Concrete Washout Systems Inc.............................. 11 COUNSELING Bethel Care Services................................................. 21 DELIVERY SERVICE Ultimate Delivery Solution........................................5 DIVORCE Freeman Law Center LLC.......................Back Cover EARLY CHILDHOOD LEARNING KinderCare Learning Center...................................33 FAMILY LAW Brach | Eichler.............................................................23 Freeman Law Center LLC.......................Back Cover FITNESS North Jersey Fitness Visions.................................. 31 HEALTHCARE CONSULTING KOL, LLC.........................................................................3 INSURANCE Tara Egglinger - GEICO.............................................17 Unicorn Insurance Agency LLC.............................. 12 LIVE BAND Soular Rhythm Music................................................ 15

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MOVING Reliable Van & Storage Company........................ 29 PERSONAL INJURY Freeman Law Center LLC.......................Back Cover PRIVATE SCHOOL Apple Montessori Schools.........................................7 PROPERTY MANAGEMENT James E. Hanson Management Co.......................27 RARE COINS & COLLECTIBLES Ye Olde Curiositie Shoppe......................................33 STEEL DRUMS Soular Rhythm Music................................................ 15 STORAGE Reliable Van & Storage Company........................ 29 TENNIS INSTRUCTOR Dan Scheider Tennis Academy.............................. 31 TRUSTS & ESTATES Brach | Eichler.............................................................23


Profile for Luxury Lifestyle Report

Luxury Lifestyle Report - Northern New Jersey 2  

Vol 2

Luxury Lifestyle Report - Northern New Jersey 2  

Vol 2

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