10 Outstanding Ways to Save $$$

You have many options to fix up your finances, but these will have a significant impact: Cut your housing costs. These add up to about 33% of the average family’s budget. Refinance your mortgage to a lower interest rate if possible, increase the deductible on your home insurance, even consider moving to a location with […]

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Does 4% Retirement Rule Make Sense For You Today?

The most important and anxious questions I answer for my clients are:  “How much money will I have at retirement and will that be enough to live on? Of course, there are many variables in that calculation, one of the biggest is choosing an amount to withdraw from your investment nest egg every year. Many […]

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How Much is Enough?

“Be thankful for what you have; you’ll end up having more. If you concentrate on what you don’t have, you will never, ever have enough.” We can all agree each person’s perspective is unique, but do we ever take the time to contemplate how skewed our financial perspectives may be? Do you compare yourself to fellow neighbors, a person one community […]

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Beware of October’s Spooks and Scares

In addition to Halloween, the month of October is known for creating spooks and scares among investors. When it comes to wealth suddenly disappearing, October can be quite frightful. The stock market crash of 1929 that led to the Great Depression occurred in October. So did the 22.6% plunge suffered by the Dow Jones industrial average in […]

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Have You Had “The Talk”?

“The Talk” I’m not referring to “the talk” with your teenage children about sex, but rather the “parent and adult children talk” about the parent’s estate plan. Have you had this conversation? Most people have not. My sister Lori is coming to town this weekend from Washington for a high school reunion and we are finally […]

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Money vs. Memories: The Cost of Being Too Frugal

Being frugal all the time can cost you plenty in the form of memories. Life is too short to not splurge a little for memorable experiences, even if it means being less frugal and paying extra for special activities or events. There are 365 days in the year. Out of all those days, how many […]

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Don’t Just Show Up

When planning your finances, you need to consider all the elements and situations that may impact the success of your plan. Will your children be attending college? What is your retirement age? Do you expect to switch careers in the near future? Are you planning on downsizing? Those are just a few questions to get you thinking as […]

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Tragedy in Our Community

This past week we have experienced a tragedy in our neighborhood and the Elmhurst community. On August 30th we lost the lives of four beautiful individuals; Frank Stack (82), Joan Stack (82), Mary Stack (57) and Frank Stack Jr. (48). Newspaper story.  The true question is not how this tragedy played out, but WHY. I […]

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Does the American Dream Make Cents?

The American Dream has evolved over time from the right to liberty and pursuit of happiness to the ownership of material items, one of them being a home to call your very own. However, after paying a recent property tax bill for my home, I don’t know if this is a dream I want to be living! […]

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Jack of Many Trades, Master of None…Completing a Triathlon

Several Steps to Prepare for an Awesome Triathlon   As we head into the final weekend of the summer, I reflect back on the last several months. One of my proudest moments was completing a Sprint Triathlon with my daughter Haley. While much of the summer was focused on the actual training preparation, there were […]

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