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	<title>Mullooly Asset Management</title>
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	<description>Fiduciary Fee-Only Financial Planner  &#124; Investment Advisor in Wall, NJ</description>
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		<title>Need Taxable Income For Long Term Care?</title>
		<link>https://mullooly.net/need-taxable-income-for-long-term-care/</link>
		
		<dc:creator><![CDATA[Thomas Mullooly]]></dc:creator>
		<pubDate>Fri, 16 Oct 2026 19:41:55 +0000</pubDate>
				<category><![CDATA[Videos]]></category>
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					<description><![CDATA[Taxable Income For Long Term Care Taxable Income for Long Term Care: Is this a Roth Mistake? Is going &#8220;all-in&#8221; on a Roth conversion actually a costly retirement mistake? In this video, Tom Mullooly discusses the critical relationship between taxable income for long term care expenses that the &#8220;100% Roth crowd&#8221; often completely misses. Many [&#8230;]]]></description>
		
		
		
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			<media:title type="plain">Need Taxable Income For Long Term Care? | Mullooly Asset Management</media:title>
			<media:description type="html"><![CDATA[Taxable Income for Long Term Care: Is this a Roth Mistake? Is going "all-in" on a Roth conversion actually a costly retirement mistake?]]></media:description>
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		<title>What is my Effective Tax Rate?</title>
		<link>https://mullooly.net/what-is-my-effective-tax-rate/</link>
		
		<dc:creator><![CDATA[Thomas Mullooly]]></dc:creator>
		<pubDate>Fri, 09 Oct 2026 16:19:27 +0000</pubDate>
				<category><![CDATA[Videos]]></category>
		<guid isPermaLink="false">https://mullooly.net/?p=92218</guid>

					<description><![CDATA[Effective Tax Rate Effective Tax Rate vs. Marginal Rate: Why Your Tax Bracket Isn’t Your Tax Bill Tom explains the common confusion between marginal tax rates and the effective tax rate. Being in a 22% or 32% bracket only applies to the next dollar of taxable income (or the &#8220;last&#8221; dollar of income), not all [&#8230;]]]></description>
		
		
		
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			<media:title type="plain">What is my Effective Tax Rate? | Mullooly Asset Management</media:title>
			<media:description type="html"><![CDATA[Effective Tax Rate vs. Marginal Rate: Your Tax Bracket Isn't Your Tax Bill. There's confusion between marginal rates and the effective tax rate.]]></media:description>
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		<title>Medical Expenses in Retirement</title>
		<link>https://mullooly.net/medical-expenses-in-retirement/</link>
		
		<dc:creator><![CDATA[Thomas Mullooly]]></dc:creator>
		<pubDate>Fri, 25 Sep 2026 15:04:13 +0000</pubDate>
				<category><![CDATA[Videos]]></category>
		<guid isPermaLink="false">https://mullooly.net/?p=92172</guid>

					<description><![CDATA[Medical Expenses in Retirement Planning your retirement income strategy usually involves mapping out fixed costs like a mortgage or car payments.  However, unexpected medical expenses remain a massive wild card for most couples. A recent Fidelity report reveals a 65-year-old retiring in 2026 will spend an average of $185,500 on healthcare. For a married couple, [&#8230;]]]></description>
		
		
		
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			<media:title type="plain">Medical Expenses in Retirement | Mullooly Asset Management</media:title>
			<media:description type="html"><![CDATA[Planning retirement usually involves mapping out fixed costs. However, unexpected medical expenses remain a massive wild card for most couples.]]></media:description>
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		<title>Claiming Social Security at Age 62</title>
		<link>https://mullooly.net/claiming-social-security-at-age-62/</link>
		
		<dc:creator><![CDATA[Thomas Mullooly]]></dc:creator>
		<pubDate>Fri, 18 Sep 2026 21:26:00 +0000</pubDate>
				<category><![CDATA[Videos]]></category>
		<guid isPermaLink="false">https://mullooly.net/?p=91976</guid>

					<description><![CDATA[Claiming Social Security at Age 62 Are you considering early &#8211; claiming social security at age 62? Will there be Social Security Cuts in 2032? The Math on Claiming at 62 vs 67 (And How to Stress-Test Your Plan) This episode breaks down the math behind claiming Social Security at 62. This was published in [&#8230;]]]></description>
		
		
		
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			<media:title type="plain">Claiming Social Security at Age 62 | Mullooly Asset Management</media:title>
			<media:description type="html"><![CDATA[Are you considering claiming social security at age 62? Will there be Social Security Cuts in 2032? The Math on Claiming at 62 vs 67.]]></media:description>
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		<item>
		<title>The Average Investor: How Emotions Could Cost $26,725</title>
		<link>https://mullooly.net/the-average-investor-how-emotions-could-cost-26725/</link>
		
		<dc:creator><![CDATA[Thomas Mullooly]]></dc:creator>
		<pubDate>Fri, 11 Sep 2026 20:44:38 +0000</pubDate>
				<category><![CDATA[Videos]]></category>
		<guid isPermaLink="false">https://mullooly.net/?p=91966</guid>

					<description><![CDATA[The Average Investor: How Emotions Could Cost $26,725 Emotional decisions could cost the average investor $26,725.  We arrived at this amount by examining the posted returns for US equity mutual funds and equity exchange-traded funds (ETF&#8217;s) and compared them to the average investor returns discussed in the annual &#8220;Mind The Gap&#8221; study published by Morningstar [&#8230;]]]></description>
		
		
		
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			<media:title type="plain">The Average Investor: How Emotions Could Cost $26,725 | Mullooly Asset Management</media:title>
			<media:description type="html"><![CDATA[What's the cost of panic selling? Emotional trading could cost the average investor $26,725. We discuss how to possibly avoid the behavior gap.]]></media:description>
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		<title>One-time financial plan is a myth</title>
		<link>https://mullooly.net/one-time-financial-plan-is-a-myth/</link>
		
		<dc:creator><![CDATA[Thomas Mullooly]]></dc:creator>
		<pubDate>Fri, 04 Sep 2026 19:04:04 +0000</pubDate>
				<category><![CDATA[Videos]]></category>
		<guid isPermaLink="false">https://mullooly.net/?p=91957</guid>

					<description><![CDATA[One-time financial plan is a myth Why “One-Time Plans” Don’t Work (and What to Do Instead) This video explains why a one-time financial plan is essentially just a snapshot or “checkup” with little lasting value. While others may disagree, at Mullooly Asset Management we believe financial planning is an ongoing process. Especially since we have [&#8230;]]]></description>
		
		
		
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			<media:title type="plain">One-time financial plan is a myth | Mullooly Asset Management</media:title>
			<media:description type="html"><![CDATA[This video explains why a one-time financial plan is essentially just a snapshot or “checkup” with little lasting value.]]></media:description>
			<media:thumbnail url="https://mullooly.net/wp-content/uploads/2026/09/One-time-financial-plans-400-x-250-px.png" />
			<media:rating scheme="urn:simple">nonadult</media:rating>
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		<item>
		<title>ACAT Scam</title>
		<link>https://mullooly.net/acat-scam/</link>
		
		<dc:creator><![CDATA[Thomas Mullooly]]></dc:creator>
		<pubDate>Wed, 26 Aug 2026 19:30:28 +0000</pubDate>
				<category><![CDATA[Videos]]></category>
		<guid isPermaLink="false">https://mullooly.net/?p=91949</guid>

					<description><![CDATA[ACAT Scam ACAT Scam Explained: How Thieves Can Transfer &#38; Liquidate Your Brokerage Account Fast We discuss an “ACAT scam” involving the Automated Customer Account Transfer Service (ACAT). This system was created in 1985 to quickly move accounts from one broker to another. Tom describes how transfers once took weeks. But now transfer requests must [&#8230;]]]></description>
		
		
		
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			<media:player url="https://www.youtube.com/embed/-BCG-EwaJF8" />
			<media:title type="plain">ACAT Scam | Mullooly Asset Management</media:title>
			<media:description type="html"><![CDATA[ACAT Scam Explained: How Thieves Can Transfer &amp; Liquidate Your Brokerage Account Fast]]></media:description>
			<media:thumbnail url="https://mullooly.net/wp-content/uploads/2026/08/ACAT-Scam-Exposed.png" />
			<media:rating scheme="urn:simple">nonadult</media:rating>
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		<item>
		<title>What Is A 72t Distribution?</title>
		<link>https://mullooly.net/what-is-a-72t-distribution/</link>
		
		<dc:creator><![CDATA[Thomas Mullooly]]></dc:creator>
		<pubDate>Fri, 21 Aug 2026 18:05:04 +0000</pubDate>
				<category><![CDATA[Videos]]></category>
		<guid isPermaLink="false">https://mullooly.net/?p=91944</guid>

					<description><![CDATA[What Is A 72t Distribution? This episode discusses a little-known option for retirement accounts: a 72(t) distribution. These are also called substantially equal periodic payments (SEPP). While distributions from pre-tax retirements will be taxable, these distributions can allow withdrawals from an IRA or old 401(k) before age 59½ without the 10% early-withdrawal penalty. Tom pushes [&#8230;]]]></description>
		
		
		
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			<media:player url="https://www.youtube.com/embed/PMK34vaSpaY" />
			<media:title type="plain">What Is A 72t Distribution? | Mullooly Asset Management</media:title>
			<media:description type="html"><![CDATA[This episode discusses a little-known option for retirement accounts: a 72t distribution... also called substantially equal periodic payments (SEPP).]]></media:description>
			<media:thumbnail url="https://mullooly.net/wp-content/uploads/2026/08/72t-Distribution-is-NOT-a-strategy-blog.png" />
			<media:rating scheme="urn:simple">nonadult</media:rating>
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		<item>
		<title>The Why Behind Data Gathering</title>
		<link>https://mullooly.net/the-why-behind-data-gathering/</link>
		
		<dc:creator><![CDATA[Thomas Mullooly]]></dc:creator>
		<pubDate>Fri, 14 Aug 2026 20:13:18 +0000</pubDate>
				<category><![CDATA[Videos]]></category>
		<guid isPermaLink="false">https://mullooly.net/?p=91909</guid>

					<description><![CDATA[The Why Behind Data Gathering Data Gathering is an essential part of financial planning. We believe data gathering is the starting point for financial planning. &#8220;Winging it&#8221; is not productive. A firm grasp of your numbers is essential, prior to retirement.  The Why Behind Data Gathering &#8211; Links Catch all our Mullooly Asset videos here [&#8230;]]]></description>
		
		
		
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			<media:player url="https://www.youtube.com/embed/1wjhZ-SqIwQ" />
			<media:title type="plain">The Why Behind Data Gathering | Mullooly Asset Management</media:title>
			<media:description type="html"><![CDATA[Data Gathering is an essential part of financial planning. We believe data gathering is the starting point for financial planning.]]></media:description>
			<media:thumbnail url="https://mullooly.net/wp-content/uploads/2026/08/The-WHY-behind-Data-Gathering-blog.png" />
			<media:rating scheme="urn:simple">nonadult</media:rating>
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		<item>
		<title>Should My Financial Advisor Talk to My CPA?</title>
		<link>https://mullooly.net/should-my-financial-advisor-talk-to-my-cpa/</link>
		
		<dc:creator><![CDATA[Thomas Mullooly]]></dc:creator>
		<pubDate>Thu, 06 Aug 2026 21:29:26 +0000</pubDate>
				<category><![CDATA[Videos]]></category>
		<guid isPermaLink="false">https://mullooly.net/?p=91902</guid>

					<description><![CDATA[Should My Financial Advisor Talk to My CPA? Should my financial advisor talk to my CPA? For the best outcomes, we feel the answer is yes. When your accountant, advisor, and attorney don&#8217;t talk to each other, problems can develop. And you&#8217;re usually the one who pays, when problems develop. It&#8217;s a question clients ask [&#8230;]]]></description>
		
		
		
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			<media:title type="plain">Should My Financial Advisor Talk to My CPA? | Mullooly Asset Management</media:title>
			<media:description type="html"><![CDATA[Should my financial advisor talk to my CPA?  When the accountant, advisor (and attorney) don't talk, problems could develop. ]]></media:description>
			<media:thumbnail url="https://mullooly.net/wp-content/uploads/2026/08/Should-my-financial-advisor-talk-to-my-CPA-blog-400-x-250-px.png" />
			<media:rating scheme="urn:simple">nonadult</media:rating>
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		<item>
		<title>What Happens When Your Advisor Retires?</title>
		<link>https://mullooly.net/what-happens-when-your-advisor-retires/</link>
		
		<dc:creator><![CDATA[Thomas Mullooly]]></dc:creator>
		<pubDate>Fri, 31 Jul 2026 19:21:22 +0000</pubDate>
				<category><![CDATA[Videos]]></category>
		<guid isPermaLink="false">https://mullooly.net/?p=91892</guid>

					<description><![CDATA[What Happens When Your Advisor Retires? What happens when your advisor retires? It&#8217;s a question almost nobody asks (usually) until it&#8217;s happening. About a third of all U.S. financial advisors plan to retire within the next decade. More than a quarter aren&#8217;t even sure of their own succession plan. So what happens when your advisor [&#8230;]]]></description>
		
		
		
		<media:content url="https://www.youtube.com/embed/19tNFwRur-k" medium="video">
			<media:player url="https://www.youtube.com/embed/19tNFwRur-k" />
			<media:title type="plain">What Happens When Your Advisor Retires? | Mullooly Asset Management</media:title>
			<media:description type="html"><![CDATA[The answer to what happens when your advisor retires - at many firms, you don't get a say.]]></media:description>
			<media:thumbnail url="https://mullooly.net/wp-content/uploads/2026/07/What-Happens-When-Your-Advisor-Retires-blog.png" />
			<media:rating scheme="urn:simple">nonadult</media:rating>
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		<item>
		<title>Dow Jones 1976 vs. Today: What Survived?</title>
		<link>https://mullooly.net/dow-jones-1976/</link>
		
		<dc:creator><![CDATA[Thomas Mullooly]]></dc:creator>
		<pubDate>Fri, 24 Jul 2026 17:11:58 +0000</pubDate>
				<category><![CDATA[Videos]]></category>
		<guid isPermaLink="false">https://mullooly.net/?p=91881</guid>

					<description><![CDATA[The Dow Jones 1976 vs. Today: What Survived? The Dow Jones 1976 &#8211; on July 4, 1976, the 30 companies making up the Dow Jones Industrial Average were considered the biggest, most permanent-seeming names across the fruited plain. Fifty years later, twenty-nine of them have been dropped from the index. Some are gone entirely. Meanwhile, [&#8230;]]]></description>
		
		
		
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			<media:player url="https://www.youtube.com/embed/_PASfVPJ90I" />
			<media:title type="plain">Dow Jones 1976 vs. Today: What Survived? | Mullooly Asset Management</media:title>
			<media:description type="html"><![CDATA[The Dow Jones 1976 - on July 4, 1976, the 30 companies making up the Dow Jones Industrial Average were considered the biggest names.]]></media:description>
			<media:thumbnail url="https://mullooly.net/wp-content/uploads/2026/07/Dow-Jones-1976-vs-Today-400-x-250-px.png" />
			<media:rating scheme="urn:simple">nonadult</media:rating>
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		<item>
		<title>A Roth 401k Tax Surprise?</title>
		<link>https://mullooly.net/roth-401k-tax-surprise/</link>
		
		<dc:creator><![CDATA[Thomas Mullooly]]></dc:creator>
		<pubDate>Thu, 16 Jul 2026 13:17:29 +0000</pubDate>
				<category><![CDATA[Videos]]></category>
		<guid isPermaLink="false">https://mullooly.net/?p=91874</guid>

					<description><![CDATA[A Roth 401k Tax Surprise? What we mean when we say &#8220;Roth 401k tax surprise,&#8221; is that contributing to a Roth 401(k) at work COULD create unexpected taxable income, through the employer match. While employee making Roth 401k contributions knows their contributions are going into the plan as &#8220;post tax,&#8221; or after-tax, the employer match [&#8230;]]]></description>
		
		
		
		<media:content url="https://www.youtube.com/embed/78guJPoFO9w" medium="video">
			<media:player url="https://www.youtube.com/embed/78guJPoFO9w" />
			<media:title type="plain">A Roth 401k Tax Surprise? | Mullooly Asset Management</media:title>
			<media:description type="html"><![CDATA[Will you find a Roth 401k tax surprise this year? Contributing to a Roth 401(k) MIGHT create unexpected taxable income, via the employer match.]]></media:description>
			<media:thumbnail url="https://mullooly.net/wp-content/uploads/2026/07/Roth-401k-Tax-Surprise.png" />
			<media:rating scheme="urn:simple">nonadult</media:rating>
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		<title>What Is A Sinking Fund?</title>
		<link>https://mullooly.net/what-is-a-sinking-fund/</link>
		
		<dc:creator><![CDATA[Thomas Mullooly]]></dc:creator>
		<pubDate>Fri, 10 Jul 2026 17:16:14 +0000</pubDate>
				<category><![CDATA[Videos]]></category>
		<guid isPermaLink="false">https://mullooly.net/?p=91862</guid>

					<description><![CDATA[What Is A Sinking Fund? The sinking fund: the simple way to plan for expenses you know are coming. In this video, we cover what is a sinking fund.  And how is it different from an emergency fund? We give examples of sinking funds such as budgeting for office items, car tires, or brakes. Smoothing [&#8230;]]]></description>
		
		
		
		<media:content url="https://www.youtube.com/embed/Hrs6U4zdNYg" medium="video">
			<media:player url="https://www.youtube.com/embed/Hrs6U4zdNYg" />
			<media:title type="plain">What Is A Sinking Fund? | Mullooly Asset Management</media:title>
			<media:description type="html"><![CDATA[We give examples of sinking funds such as budgeting for office items, car tires, or brakes. Smoothing quarterly estimated tax payments by dividing the annual amount by 12 and saving monthly to avoid scrambling.]]></media:description>
			<media:thumbnail url="https://mullooly.net/wp-content/uploads/2026/07/Sinking-Fund.png" />
			<media:rating scheme="urn:simple">nonadult</media:rating>
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		<item>
		<title>It&#8217;s Not Luck. It&#8217;s Planning.</title>
		<link>https://mullooly.net/its-not-luck-its-planning/</link>
		
		<dc:creator><![CDATA[Thomas Mullooly]]></dc:creator>
		<pubDate>Thu, 02 Jul 2026 18:51:03 +0000</pubDate>
				<category><![CDATA[Videos]]></category>
		<guid isPermaLink="false">https://mullooly.net/?p=91847</guid>

					<description><![CDATA[It&#8217;s Not Luck. It&#8217;s Planning. &#8220;It&#8217;s not luck, it&#8217;s planning&#8221; has been the line this firm has run on for 24 years. Tom came up with it back in 2002 — and he&#8217;s spent every year since watching it prove true. From the outside, a lot of financial outcomes look like luck. &#8211; Someone retires [&#8230;]]]></description>
		
		
		
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			<media:player url="https://www.youtube.com/embed/Oy-1Ml8GV24" />
			<media:title type="plain">It&#039;s Not Luck. It&#039;s Planning. | Mullooly Asset Management</media:title>
			<media:description type="html"><![CDATA["It's not luck. It's planning." has been the line this firm has run on since 2002. What may appear as luck is often the result of planning ahead.]]></media:description>
			<media:thumbnail url="https://mullooly.net/wp-content/uploads/2026/07/its-not-luck-its-planning-2.png" />
			<media:rating scheme="urn:simple">nonadult</media:rating>
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		<title>DIY: Should You Be Managing Your Own Money in Retirement?</title>
		<link>https://mullooly.net/should-you-be-managing-your-own-money-in-retirement/</link>
		
		<dc:creator><![CDATA[Thomas Mullooly]]></dc:creator>
		<pubDate>Tue, 23 Jun 2026 17:00:16 +0000</pubDate>
				<category><![CDATA[Videos]]></category>
		<guid isPermaLink="false">https://mullooly.net/?p=91793</guid>

					<description><![CDATA[Should You Be Managing Your Own Money in Retirement? DIY: managing your own money in retirement works until it doesn&#8217;t. Here&#8217;s why that&#8217;s usually worth a second look. Takeaways: &#8211;   As retirement nears, the money decisions pile up fast — and many are ones you&#8217;ve never had to make before. &#8211;   Withdrawal order, taxes, Social [&#8230;]]]></description>
		
		
		
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			<media:title type="plain">DIY: Should You Be Managing Your Own Money in Retirement? | Mullooly Asset Management</media:title>
			<media:description type="html"><![CDATA[DIY: managing your own money in retirement works until it doesn't. Here's why that's usually worth a second look.]]></media:description>
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		<title>Does New Jersey Tax a Qualified Charitable Distribution?</title>
		<link>https://mullooly.net/new-jersey-tax-qualified-charitable-distribution/</link>
		
		<dc:creator><![CDATA[Thomas Mullooly]]></dc:creator>
		<pubDate>Wed, 17 Jun 2026 19:22:52 +0000</pubDate>
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					<description><![CDATA[Does New Jersey Tax a Qualified Charitable Distribution? A qualified charitable distribution can provide valuable federal tax benefits. But the state tax treatment of a qualified charitable distribution is not always the same. In this (Part II), we explain why a qualified charitable distribution generally does not reduce taxable income for New Jersey residents. We [&#8230;]]]></description>
		
		
		
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			<media:title type="plain">Does New Jersey Tax a Qualified Charitable Distribution? | Mullooly Asset Management</media:title>
			<media:description type="html"><![CDATA[A qualified charitable distribution can provide valuable federal tax benefits. But the state tax treatment of a qualified charitable distribution is not always the same.]]></media:description>
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		<title>5 Facts About QCD Qualified Charitable Distributions!</title>
		<link>https://mullooly.net/5-facts-about-qcd-qualified-charitable-distributions/</link>
		
		<dc:creator><![CDATA[Thomas Mullooly]]></dc:creator>
		<pubDate>Fri, 12 Jun 2026 19:49:40 +0000</pubDate>
				<category><![CDATA[Videos]]></category>
		<guid isPermaLink="false">https://mullooly.net/?p=91671</guid>

					<description><![CDATA[5 Facts About QCD Qualified Charitable Distributions Qualified Charitable Distributions (QCD): A Tax-Smart Way to Give From Your IRA After 70½ If you&#8217;re age 70½ or older and regularly support charitable organizations, a Qualified Charitable Distribution (QCD) may be worth understanding. A QCD allows eligible IRA owners to transfer funds directly to a qualified charity, [&#8230;]]]></description>
		
		
		
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			<media:title type="plain">5 Facts About QCD Qualified Charitable Distributions! | Mullooly Asset Management</media:title>
			<media:description type="html"><![CDATA[Qualified Charitable Distributions (QCD): A Tax-Smart Way to Give From Your IRA After 70½]]></media:description>
			<media:thumbnail url="https://mullooly.net/wp-content/uploads/2026/06/QCD-Qualified-Charitable-Distribution.png" />
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