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 […]
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 […]
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 […]
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 […]
“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 […]
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 […]
60. The minutes in an hour, the year JFK was elected as president, the millions Joakim Noah is paid in his 5 year contract with the Chicago Bulls, and the percent of Americans who have admitted to not having a personal financial budget (NFCC survey). Oddly enough, 100 million U.S. adults have also admitted that not having […]
Would an extra $60,000+ annual bill create a problem with your retirement plan? Your portfolio can be depleted rapidly when a spouse or parent is in need of care if the potential cost is not accounted for in your retirement planning. The perception is that, “I am healthy right now and I won’t ever need care.” The reality […]
We know department stores will have huge sales the day after Thanksgiving, but no one tells us when stock or bond prices are going on sale. Analysts are paid big money to try and predict investment (Stock & Bond) prices, but they are often wrong and much better at hindsight than forecasting. What we know… […]
This is a guest post written by Kimberly Silvestri, President and CEO of Silvestri Services, www.silvestriservices.com. When working with our elderly family members, it pays to be proactive rather than reactive. Waiting for a crisis to occur creates unnecessary stress. Planning early for long term care with your loved ones using Care Management, helps you become […]
- Economic and Investment Review- Webinar December 16, 2014
- Why HSA’s go Hand in Hand with Obamacare and Retirement December 11, 2014
- Illinois Says Goodbye to Judy Baar Topinka December 11, 2014
- Is Your Credit Card Keeping You From Financial Success? December 3, 2014
- Loving More Effectively November 18, 2014
- What Did You Pay For Your Kid’s College? Please Respond August 27, 2013
- Use Life Insurance for Long Term Care (if needed) December 5, 2011
- Perks of Getting Older June 19, 2013
- Why Health Insurance is Not “Insurance” November 12, 2013
- Is College Worth it Today? An Alternative Idea November 5, 2013
- Brad Rosley: Assuming you have a high deductible health insuran...
- Scott: Brad How to set up HSA?...
- Rob Wyant: Brad. Thank you for sharing. Excellent book and ...
- Mike Pensinger: I explain to clients the *hope* is that you'll be...
- Brad Rosley: Be happy with what you have. Count your blessings ...