You are here: Home > retirement
Tag Archives | retirement

3 Retirement Obstacles

By on March 20, 2013 in Achieving Financial Independence, Balanced Living, Investments, Post-Retirement Planning

Getting older just kind of happens.  The next thing you know you’ve hit 50 and can’t believe you are that old.  I won’t be there for another year, but already feel that way, especially when my son reminds me that I have been out of high school for over THIRTY YEARS! Many of my clients [...]

Read full story • Comments { 0 }

Another Silver Lining to Investing in an IRA

By on March 19, 2013 in Achieving Financial Independence, Balanced Living, Estate Planning, Goals-Based Planning, Post-Retirement Planning, Tax Planning, Uncategorized

This is the time of year you will hear much about IRAs (Individual Retirement Accounts) This is because an IRA contribution is the last tax deduction you can still create for your 2012 tax return to make a pretax IRA contribution (provided that you not eligible for another form of retirement saving, ect 401k defined benefit [...]

Read full story • Comments { 0 }

What is Your Retirement Number? – Why It’s Going Up…

By on February 11, 2013 in Achieving Financial Independence, Investments, Policy and Your Money, Post-Retirement Planning

This catchy marketing phrase coined by ING has taken an interesting and horrible new twist for current retiree’s trying to live off the interest generated from bonds and other fixed interest investments.  Unfortunately, “your number” is a moving target based on several key variables, some of which you cannot control. We can control our spending, [...]

Read full story • Comments { 0 }

Paying off Your Monthly Credit Card Balance Could be a Sign of Overspending

By on October 25, 2012 in Achieving Financial Independence, Balanced Living, Counting Your Pennies, Post-Retirement Planning

Sure, the upcoming will election results will have some impact on your financial future, but nowhere near as much as the everyday spending/saving decisions you make. By now, you have probably concluded that you cannot count on investment returns to propel you to sudden wealth or even a financially secure future.  It’s a shame that [...]

Read full story • Comments { 0 }

Head in the Sand? Are You Happy With Where You Are Financially?

By on September 25, 2012 in Achieving Financial Independence, Balanced Living, College, Counting Your Pennies, Goals-Based Planning, Investments, Post-Retirement Planning

You are where you are today because of the decisions you have made in your life. We usually get what we deserve in life.  When it comes to money, how you handle your monthly cash flow is the single most important factor in your financial success or failure.  As a financial planner, my idea of [...]

Read full story • Comments { 0 }

Are You Missing Out? – 23,000 Reasons I Love My Health Savings Account (HSA)

By on September 18, 2012 in Achieving Financial Independence, Insurance, Investments, Tax Planning

Are You Missing Out? I have saved $23,000 and counting thanks to a great option I have taken advantage of with my medical insurance! In 2003,  individuals, families, employers and employees were allowed to make tax deductible contributions into a special account known as a Health Savings Account (HSA).  In order to be eligible for [...]

Read full story • Comments { 1 }

Entrepreneur’s Max Out Retirement Contribution (up to $55k/year) READ TIME: 3 Minutes

By on August 17, 2012 in Achieving Financial Independence, Balanced Living, Investments

 I set up my financial planning practice in Glen Ellyn back in 1996, one of my first concerns was how I would save for retirement as an entrepreneur.   At the time, the best plan for me was a SEP IRA which allowed me to set aside 25% of my “net” income.  Several years ago a [...]

Read full story • Comments { 2 }

Helping Elder Parent(s) Manage Their Assets

By on August 6, 2012 in Achieving Financial Independence, Balanced Living, Estate Planning, Post-Retirement Planning

I talk with my mother nearly every day. She and my father raised me well and gave me all their love and caring while I was under their roof and mom still gives me her two cents today whether I want it or not.  My father died 14 years ago and while that impacted my [...]

Read full story • Comments { 2 }

Free EBook – Pay Tax Once and be Done With It

By on June 26, 2012 in Achieving Financial Independence, Goals-Based Planning, Investments, Policy and Your Money, Tax Planning

I have just written my first EBook.  The concept is simple: read about the nine ways I invest my money and advise my clients to invest theirs so they can minimize or avoid paying tax altogether. I think income tax rates will eventually go higher, meaning it will be wise to invest in vehicles that [...]

Read full story • Comments { 1 }

The One Thing……………. That Might Save you in Retirement

By on February 21, 2012 in Achieving Financial Independence, Post-Retirement Planning

Brief History Lesson: The term “retirement” came to be recognized when the Social Security Act of 1935 allowed people to collect a tax funded paycheck when they reached the age of 65.  Of course, the average life expectancy at the time was only 62.  Due mostly to significant medical advancements, life expectancy’s continued increasing and [...]

Read full story • Comments { 0 }
← Older posts

Financial Advisor Blog Network