Seniors and retirees are squarely in the crosshairs of financial scammers. If you aren’t careful, you could fall into a scammer’s trap and lose hundreds, thousands, or even tens of thousands of dollars. In some cases, seniors have lost the majority or even all of their life savings to such criminals. Being victimized by a
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The shift away from a Trump-Pence administration to a Biden-Harris administration paves the way for plenty of change, including changes to your personal financial situation. Whether you are a pre-retiree or already retired in Illinois, you should have an idea as to how the shift in power will affect your financial situation. Let’s take a
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https://youtu.be/KJKIX63iiGw 1. Don’t fixate on the news We believe markets are efficient. What that means is that the price of stocks has already accounted for all publicly available information. Oftentimes, the market is forward-looking, so the price you see today is baking in what the market thinks may happen in the future. All that by
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Emotions have run high this year In Libertyville, IL and beyond. The U.S. has faced a major global pandemic, choppy economic times, plummeting equities earlier in the year and then new highs and contentious political times. All of these factors and more may cause investors in Libertyville to give in to emotional investing. Emotional investing
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Turning 50 is a significant milestone for many reasons. Your children may be grown and leaving home. Retirement, which has seemed far in the future for decades, suddenly looms as a real thing that will occur. Are you on the right financial path? Contact Prism Planning Partners today! As a result, 50 serves
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Owning and managing a small business in Libertyville, IL or the surrounding area during the pandemic is not exactly easy. These are perilous times for mom and pop businesses. Even some regional companies are struggling to keep their doors open during the pandemic. However, if you have a plan, you will be able to confidently
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In many ways, 2020 has been the year of COVID-19. The global pandemic has exerted a major impact on many aspects of our lives, causing some businesses to close or cut back, creating work-at-home as the new norm for many people, and disrupting the ability of many folks in Chicagoland and elsewhere to plan for
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Comprehensive financial planning in Libertyville, IL can help retirees and pre-retirees make sure they are on the right financial track to not outliving their money. Unfortunately, many Americans facing retirement are worried that their retirement savings will run out. Several factors underlie that fear. First, Americans are living longer than ever. In a couple
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Thinking about money can be a daunting task – and often, we lose sight of WHY we work and save as hard as we do. It’s only human to focus first on the HERE and NOW…What about the big picture? Are you on the right financial path? Contact Prism Planning Partners today! A
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It’s not uncommon for people to wonder about the best time to create a financial plan. Ten years before retirement? Twenty? Five? Are you on the right financial path? Contact Prism Planning Partners today! Everyone Should Consider Having A Financial Plan Linked to Their Goals In fact, people in Libertyville, IL (and beyond)
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