2021 Best Tax Planning Strategies for Retirees in Libertyville, IL

As tax season rolls around, it’s only natural that retirees in the Libertyville and Lake County, IL areas think about minimizing taxes! But nationwide, many retirees feel at most only somewhat knowledgeable about taxes in retirement – and many of those feel they have very scant information.  That’s understandable; taxes in retirement can be more

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5 of the Best Ways to Avoid Boredom in Retirement

Plenty of retirees and pre-retirees assume they are capable of performing DIY (do it yourself) financial planning that sets the stage for an enjoyable retirement.   Unfortunately, many of those who assume they do not need the assistance of a CERTIFIED FINANCIAL PLANNER™ Professional may end up making significant mistakes that could leave them with insufficient

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Top 5 Moves To Minimize Taxes in 2021

It’s always prudent to pay the least amount of tax you can, especially if you’re a high net worth (HNW) individual in Libertyville or Lake County IL, and are either retired or in the pre-retirement years. But what moves minimize your taxes the most?  Here are 5 suggestions to make sure you pay the least

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How Does a Financial Plan Help Me Save for Retirement?

If you’re within a decade of retirement, already retired, and/or a small business owner in Libertyville, Illinois you need a comprehensive financial plan to help you save for retirement. Are you on the right financial path? Contact Prism Planning Partners for a consultation! But it may not be clear how a comprehensive financial plan helps you save.

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Turning 50? The Best Financial Moves Now

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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How Much Does a Financial Plan Cost?

How much does it cost for a comprehensive financial plan in Libertyville, IL? The amount varies, depending on the fee structure, depth of the plan, type of advisor and breadth of the ongoing relationship. It’s important to understand all of these elements if you’re in the market for a financial advisor. Are you on the

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What To Do When the Market Plunges

Libertyville, IL investors – and anyone looking at the news, for that matter – have seen rapidly falling markets over the last several weeks. Fears over the worldwide spread of the coronavirus have sent broad indexes such as the Dow Jones Industrial Average (DJIA) and the S&P 500 into bear market territory, defined as a

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How a Financial Advisor Can Help You With Estate Planning

Many people think estate planning involves a lawyer more than a financial advisor. Estate planning, after all, concerns what happens should you become incapacitated or die. It’s the province of powers of attorney and wills.  Are you on the right financial path? Contact Prism Planning Partners today for a consultation!  However, working with a Libertyville

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