No Will Needed – Beneficiary Updates are Critical

Most of your assets will never pass on through your will (assuming you have one).  IRA’s, 401k’s, life insurance and annuities all have direct beneficiaries that were recorded when you […]

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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 […]

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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 […]

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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 […]

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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 […]

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Why Retirees Would Want Life Insurance

If you have a desire to leave money for your spouse or kids, life insurance is the best asset to leave them.  Notice I said “asset,” not  “investment.” At death, […]

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“Cameron Frye, This One’s for You!”

This is a guest post written by Clifford Holm, an attorney with Fuchs & Roselli, Ltd. www.frltd.com.    In 1986, a budding Chicago philosopher looked us square in the eye and […]

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Better Alternative to Long-Term Care Insurance

Any retirement plan worth a grain of salt addresses the potential cost of long-term medical care.  You or your spouse are very likely to need some sort of personal help […]

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Your Clock is Ticking

Last week, I wrote about some perks of getting older.  Unfortunately, one of the most difficult things about getting older in facing death.  Over the past couple weeks, four of […]

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Huge Future Retirement Expense is Lurking

Chances are more than 50/50 that you will need help getting along later in life.  The cost is prohibitive and someone (not Medicare) will pay the bills.  Home health care […]

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5 Big Financial Planning Mistakes – COST YOU A BUNDLE

Avoiding life’s big financial planning mistakes is not hard if you plan well. Financial planning, however, takes a backseat to day-to-day living for many people and this is where the […]

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$1 Million in Life Insurance Not Enough – Time to Reevaluate

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