5 Libertyville Illinois Money Myths Busted

Financial advice in Libertyville, IL abounds, on websites, television, social media, and more. While much of the financial advice purveyed may be helpful and sound, the sheer amount of it has also given rise to financial disinformation – myths, if you will. Myths are things that many people believe, but that don’t hold water on

Read More...

How Financially Satisfied Are You?

How financially satisfied are you? Some people may be financially satisfied if their finances are in alignment with their peer group, in Libertyville, IL, and elsewhere. If their financial plans, income, returns, net worth, and purchasing power are roughly the same as the people around them, that may mean they feel financially satisfied. However, financial

Read More...

Should You Financially Help Your Adult Child

Becoming financially independent during one’s 20s and 30s is becoming that much more difficult with each passing year.  Many young adults are drowning beneath student loan debt, credit card debt, auto loans, and mortgages.   The cost of postsecondary education and housing have skyrocketed to the point that, in many cases, only the children of the

Read More...

Afraid of Running out of Money? 6 Ideas to Consider

Have you imagined running out of money during retirement and going back to work?  You can prevent this nightmare scenario by preparing for your golden years in the present moment.  The assistance of a fiduciary CERTIFIED FINANCIAL PLANNER® Planner will prove invaluable as you plan your financial future.   Let’s take a quick look at six

Read More...

How Much Should I Save for Retirement?

One of the burning questions pre-retirees in Libertyville, IL, and beyond ask is “how much should I save for retirement?” There’s no shortage of advice. People are sometimes told to save 10 times their income by their retirement age or even to aim for $1 million by the time they retire. Frankly, these figures are

Read More...

How To Stop Worrying About Running Out of Money

Whether you’ve just started your retirement planning in Libertyville, IL, or have been retired for a while, running out of money might be one of your worries. You may have an established financial plan and plenty of money saved already, but the anxiety may be (at least occasionally) still there. In fact, quite a large

Read More...

How to Get Started With an Estate Plan

Most people understandably do not know where to start when it comes to estate planning.  Whether you don’t have an estate plan or if your estate plan hasn’t been updated, it is in your interest to meet with a fiduciary CERTIFIED FINANCIAL PLANNER™ Professional.  Estate planning is one of the most important components of a

Read More...

What is a Financial Consultant Versus a Financial Advisor?

The average person understandably confuses financial consultants with financial advisors.  The mainstream media rarely distinguishes the nuanced differences between these professionals.  However, financial consultants are not exactly the same as financial advisors.  These two professionals have similar roles in the context of personal financial services yet there are some subtle differences of note.   Let’s take

Read More...