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Sudden Wealth Financial Planning

By Robert Pagliarini on June 17, 2014

A first-world problem, and nothing more? Not quite. Getting rich quick can be liberating, but it can also be frustrating. Sudden wealth can help you resolve anxieties about funding your retirement or your children’s college educations, and newfound financial freedom can lead to time freedom – greater opportunity to live and work on your terms.…

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Robert Pagliarini Quoted in New York Times Column on the Lottery

By Robert Pagliarini on May 28, 2014

Robert Pagliarini was quoted in a New York Times column by John Tierney titled “How to Win the Lottery (Happily)“. Here is an excerpt: If you have won the lottery, or if you plan to do so, please keep reading this column. The information is vital not just to your happiness but also to the…

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Best Financial Advisor for Lottery Winners

By Robert Pagliarini on May 13, 2014

As a lottery winner, you are likely to be barraged by tax, legal, and financial issues. The only method to successfully navigate your way through the complexity is to have a team of experts who are the best at what they do. The question is, who is the best financial advisor for lottery winners? I’ve…

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Economic Update 05/05/14

By Robert Pagliarini on May 5, 2014

HIRING & MANUFACTURING PICK UP America’s economy created 288,000 new jobs in April, the most in any month since January 2012. Labor Department data showed the jobless rate falling dramatically to 6.3%, largely due to more people abandoning the job hunt. Still, the U-6 rate (unemployment + underemployment) was at 12.3% in April, a 4½-year…

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Robert on Pro Sports Live Bloomberg Radio

By Robert Pagliarini on April 21, 2014

On most Saturday mornings I am watching my daughter do Brazilian jiu-jitsu, but this Saturday I had the pleasure of being on the syndicated Bloomberg radio show, “Pro Sports Live” talking about athletes, sudden wealth, and why athletes go broke. Have a listen…  

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Inheriting Money: Why Anderson Cooper Says No Thanks

By Robert Pagliarini on April 4, 2014

CNN news-show host Anderson Cooper is the son of Gloria Vanderbilt — a successful fashion and interior designer and daughter to the Vanderbilt railroad and shipping empire who is believed to be worth $200 million. Is Anderson chomping at the bit for an inheritance? No. Here is what Anderson said this week in an interview…

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Why Does Family Wealth Fade?

By Robert Pagliarini on January 14, 2014

Many are the stories of family wealth lost. In the late 19th century, industrial tycoon Cornelius Vanderbilt amassed the equivalent of $100 billion in today’s dollars – but when 120 of his descendants met at a family gathering in 1973, there were no millionaires among them. Barbara Woolworth Hutton – daughter of the founder of…

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Is the Lottery a Good Investment?

By Robert Pagliarini on December 17, 2013

In a recently Forbes column I wrote, I make the case why the lottery is a good investment. No, not a good financial investment, but a good investment in yourself. Here’s a snippet: The real question is not what toys you would buy or even how winning the lottery would change your life. The better…

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