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Money and Marriage

“Marry a woman more frugal then you,” is great advice from one of my favorite books, The Millionaire Next Door. As some guys will tell you, it’s a lot easier said then done.  For those guys that have married a frugal woman, money is usually not a problem in their marriage.  With my clients, when […]

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Is a Private Pension in Your Future?

With CD’s paying next to nothing, we need some creative ideas to generate more income during retirement… Most of us have a notion on what a “pension” is, as you or someone you know may be fortunate enough to have one.  A pension is a stream of payments for a specified period of time.  As […]

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Life Insurance Key to Retirement Spending and Legacy Plan

Over the past several years, most of the clients that I have advised to purchase life insurance are retired and have no dependent need. The insurance has greatly helped their retirement spending and legacy plan. The only thing that would have been better is if they would have had the foresight to procure the permanent […]

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One Powerful Financial Move for Kids (or Grand-kids)

Turn $500/Year into $500,000! I recently created Roth IRA’s for my kids and put $500 into each account. With a little guidance from me, the kids will each choose to become stock owners of one company. Going forward I will encourage them to save by matching what they contribute to the account and am hopeful […]

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Winning in 2015

I thought you may be interested to know how a 25-year financial planning expert goes about planning for financial success in the New Year. I’d like to think I live a balanced lifestyle, enjoying life today while saving for an uncertain tomorrow. My peace of mind starts with a detailed analysis of where I am […]

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10 Financial Things To Do Before Year End

       There are a lucky 13 days remaining in 2014 it’s not too late to consider at least one of these financially savvy ideas: Taxing matters If you’re paying estimated taxes, now would be a good time to review your payments, especially if you had a big change in income from the prior year, Estimated […]

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Economic and Investment Review- Webinar

Today’s blog is a quick audio review of the economy and stock and bond markets. Take a listen and get caught up. Click her to listen to update   Please call me if you have any questions. 630-942-9007  

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Why HSA’s go Hand in Hand with Obamacare and Retirement

I’ve written about Health Savings Accounts (HSA) in the past (Are You Missing Out? – 23,000 Reasons I Love My Health Savings Account (HSA)) as being one of my favorite and most important accounts in my financial plan. With the high deductible, “Bronze” option being the most affordable choice under Obamacare, HSA’s have grown in […]

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Is Your Credit Card Keeping You From Financial Success?

  Most of my clients tell me this isn’t true, because they pay their card balance off in full each month. I say, “That’s part of the problem!” We all have a propensity to spend up to what we know we can afford to pay off each month. Those that carry and grow their balances […]

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Fictitious Balance on Your 401k/IRA Account Statement

Your account balance carries a hidden surrender charge. Millions of working Americans contribute a percentage of their earnings to a 401k account while many also have IRA accounts, most of which were formerly 401k that were rolled over to IRA’s. While some people follow the daily moves of their account balances, other wait patiently for […]

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