Is a Roth IRA Conversion Really a Good Idea?
Is a Roth IRA Conversion Really a Good Idea? If you own a traditional IRA, perhaps you have thought about converting it to a Roth IRA. Going Roth makes sense …
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Does Sequence of Returns Math Upend Timing the Market?
Does Sequence of Returns Math Upend Timing the Market? A look at how variable rates of return do (and do not) impact investors over time. Financial headlines are comparing the …
Tax Advantaged Strategies for Charity Support
Tax Advantaged Strategies for Charity Support How to Maximize Your Tax Benefits While Building a Legacy We’ve all heard of the philanthropic foundations that the wealthy have established, such as …
Is Fear Putting Your Financial Plan at Risk?
Is Fear Putting Your Financial Plan at Risk? Some say the old mansion is haunted, and I live just down the road from it! It’s the Duncan Manor, a historic …
This Financial Advisor’s Hurricane Encounter Reveals Investment Insights
In The Path of Hurricane Michael, Here’s This Investment Advisor’s Insights As an Investment Advisor, located in Bloomington/Normal IL, the biggest danger I face on a daily basis is a …
How to Retire Healthy, Wealthy and Wise
How to Retire Healthy, Wealthy and Wise “Early to bed and early to rise makes a man healthy, wealthy and wise.” We’ve all heard the quote, attributed most often to …
Best in Financial Planning and Investment Firm, McBeath Financial Group Voted as Pantagraph Reader’s Choice!
Awarded #1 for Best in Financial Planning and #1 Investment Firm, McBeath Financial Group is Proud to be The Pantagraph Reader’s Choice! Yes, Pantagraph Reader’s Choice Awards for 2018 have been …
Facing SF Employment Severance: Questions About Your Benefits?
Facing SF Employment Severance: Questions About Your Benefits? With yet another wave of workforce reductions, as a financial advisor, I find myself answering some all too familiar questions. With anxiety …
After the Retirement Party
It’s Friday afternoon, and you’re driving home from the retirement party of another co-worker. As you stare off into the distance, driving the comfortable, familiar route to home, you begin to …
Should You Take the Employee Buyout Option?
All around us, companies are restructuring. Maybe artificial intelligence (AI) and algorithms are taking over, maybe a new CEO comes in and changes everything, or maybe market conditions are forcing …
See Your Financial Future: Financial Planning
The goal of financial planning is to create the future you desire! Abraham Lincoln’s famous quote says, “The best way to predict your future is to create it.” Do you dream …
Facing Retirement: Life After Making a Living
Are You Making a Living or Making a Life? It’s often a time of stress and self-reflection when career minded individuals are suddenly faced with retirement. “I’ve learned that making …
Hammered into an Investment?
The Investment Services Toolbox: Avoiding “Maslow’s Hammer” “I suppose it is tempting, if the only tool you have is a hammer, to treat everything as if it were a nail.” American …
Look at Who Can’t Retire at 55!
Rock Star Sammy Hagar can’t retire at 55, but maybe you can! Maybe you remember Sammy Hagar’s song “I can’t drive 55!” back in 1984 before he joined the music …
How Could the New Tax Plan Affect My 401K Options When I Retire?
You might have seen the news about how Trump’s initial tax plan might have affected IRA limits. It appears those changes did not make it into the final legislation, but …
What Am I Supposed to Do Now?!
Let’s face it. Sometimes you can do everything right, and it still feels like you end up getting a raw deal. You want to scream your frustrations at the world. …
Keys to Creating an Estate Plan that Fits You
While an estate plan may certainly include legal structures that advantageously transfer wealth to the next generation, there are many other parts that are important for peace of mind and …
Why It’s Important to Plan Ahead for Senior Living
Senior years can be some of life’s best years, but it requires planning ahead. There are important decisions that must be made in financial preparation as well as securing a …
Is Health REALLY More Important than Wealth in Retirement?
Retirement & Financial Focus: Health or Wealth; Which is More Important? Retirement & Financial Focus is a video series, hosted by Krista McBeath of McBeath Financial Group, an investment advisory …
Non-Covered Medical Expenses; Good Investment or Not?
From a money management perspective, how is it possible that paying for medical care out of pocket can be a smart investment? As we well know, health insurers are huge …
Best Protection Against Costly Medical Expenses in Retirement?
When reviewing financial forecasts with clients, they are often shocked at projections for medical expenses in retirement 1. I utilize cutting edge software to estimate the increase in costs and …
Which Is More Important, Health or Wealth?
Health and wealth are both very important concerns as we age. As a wealth management firm here in Bloomington Normal, we are focused on the financial side of a successful …
How Can Retirees on a Fixed Budget Afford the Activity & Recreation Center?
The Normal Activity and Recreation Center (ARC) offers incredible services for seniors, as explained by Communications Coordinator, Sammi Oleson in last week’s episode of Retirement & Financial Focus. Some may …
Addressing the Equifax Data Breach with Your Wealth Manager
You’ve probably already heard about the Equifax data breach. In an age where such data breaches have become such a regular occurrence, it’s easy to treat this recent event with …
How the ARC Meets Different Fitness, Social and Recreational Needs
The Activity and Recreational Center (ARC) has a mission to serve Bloomington-Normal community members age 55 plus. Their membership is a community of seniors that range over a 30 year …
Why Do You Personally Need Life Insurance?
We’ve all heard it before from insurance advertisements and insurance salesmen, that everyone must have life insurance. The truth is, life insurance without a purpose is senseless. However, life insurance …
Why is it So Important to Have a Facility for Retirees?
The Activity and Recreational Center (ARC) of Normal is a community resource serving McLean County members aged fifty-five and over. As baby boomers are reaching retirement in record numbers, this …
What McLean County Retirees Need to Know about the ARC
Since opening it’s doors at the new location at 600 E. Willow Street, in Normal, the membership numbers for the Activity and Recreation Center (ARC) have been growing at a …
The Cost and Benefit of a Financial Planner
A fee-based financial planner provides services outside of what might be offered by a regular stock broker or perhaps an insurance representative selling a financial vehicle. Often times, with retirement …
How do you Know When You Are Able to Retire?
Taking the fear out of retiring is one of the main reasons to enlist the services of a financial planner. Knowing when you are able to retire securely requires careful …