Blog

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 …

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 …

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 …

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 …

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 …

McBeath Financial Focus Video Series Overhauled

For months, Krista McBeath has hosted the videocast, McBeath Financial Focus featuring McLean County’s foremost experts on retirement and financial matters. And while it’s been successful,  it’s been said that all great …

Annuities and Retirement Planning

You may have heard that IRAs and employer-sponsored plans (e.g., 401(k)s) are the best ways to invest for retirement. That’s true for many people, but what if you’ve maxed out …

Margins Within a Financial Plan

A commonly known quote says that the best-laid plans of mice and men often go awry.  In the course of financial planning, I do my best to help people financially …

Is It Wise to Trade Your Pension for a Lump Sum?

Most private employers have already replaced traditional pensions, which promise lifetime income payments in retirement, with defined contribution plans such as 401(k)s. But 15% of private-sector workers and 75% of …