Kevin R. Luchetta

At Pioneer, we meet every day with people who have achieved great things, both professionally and financially. They have built amazing lives for themselves and for their families. But, of course, no two families are exactly alike. We’ve come to realize that the choices people make with their money reflect their unique values, vision and […]

Since World War II, there have been 11 recessions, coming about every 7 years on average. The longest stretch between recessions was 11 years (1990-2001). Given that the Great Recession started in December of 2007—about 11 years ago—some are saying, “We’re due.” I won’t make any recession predictions here, but when the market has wild […]

Personal finance is often a challenging topic to discuss with loved ones, especially parents or children. What we choose to do with our money, how we spend it and how we save, can be a very powerful statement of our beliefs and values. These choices can be private and personal, and therefore hard to share […]

For the majority of our high net worth and emerging high net worth clients, their core estate and financial planning goals are relatively simple: Minimize income and estate taxes on their current income and assets. Maximize the transfer of assets to their heirs. It’s the execution of these goals that gets significantly more complex; and […]

Too often, advisors offer a perspective along the lines of, “This product is good; that product is bad,” or, “This annuity is too expensive; that investment is too risky.” What I’ve learned during many years of planning with families, however, is that what people really want to know is, “How could this work for me?” […]

As with any endeavor into uncharted territory, entering into retirement can be a nerve-racking experience. I like to remind clients that worrying about retirement is completely natural—they are not alone. And a good financial planner will help clients understand the risks involved in their retirement years and build a plan to help them approach those […]

Things aren’t as simple as they used to be: Modern technology has brought many great things, but sometimes we can get overwhelmed by instant access to more information than we can handle. For better or worse, the investment world has become similarly complex and confusing. We are bombarded with advertisements for the ETF that will […]

In 2014, many of the country’s high-income earners will retain less of their earnings than in previous years. With the top federal income tax bracket now standing at 39.6 percent—before state and city taxes, payroll taxes and the lost value of deductions—many high-income earners are finding themselves in a tax quandary. As a result, many […]