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 …
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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 …
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 …
What’s New at the 2017 McLean County Senior Expo?
McBeath Financial Group has been a part of the Calvert & Metzler Memorial Home McLean County Senior Expo for years and we’re even more thrilled than ever to be a part …
What Happens in a First Financial Planning Appointment?
The thought of setting the first appointment with a financial advisor can be a stressful experience for many. In this segment of Retirement and Financial Focus, Krista explains what to …
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 …
McBeath Financial Group Voted The Best Financial Planner by Pantagraph Readers!
McBeath Financial Group Voted The 2017 Best Financial Planner by Pantagraph Readers! I have been busting at the seems to share this news, and now it has been officially released! …
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 …
Alternative Options for Covering Long Term Care Expenses to Protect Assets and Family
Long-Term Care Expenses Are Worrisome! I don’t think I’ve ever spoken at an event where there was such a sobering quiet amongst the crowd. There were over 130 people in …
Improving Portfolio Performance with Asset Allocation
One of the most important decisions for your investment portfolio is your choice of asset allocation. Asset allocation refers to how a portfolio is divided up among the various types …
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 …
Financial Focus on Liquid Money Options with Julie Workman of Mid-Illini Credit Union
How important is low-risk, short-term, liquid money to the success of a financial plan? When financial planning with clients, I place strong emphasis on having the availability of adequate funds …
Financial Focus on Charity Support with Kathy Schniedwind, Humane Society of Central Illinois
This month McBeath Financial Focus showcases a charitable organization that is dear to our heart! And there is none better to represent the Humane Society of Central Illinois than Kathy …
Financial Focus on Insurance Protection, with Bill Lawrence
McBeath Financial Focus presents a special guest, Bill Lawrence, President of P/L/R Insurance Services! The video series features Bloomington Normal experts on financial and retirement related subjects. So, it’s critical …
Financial Focus on Funeral Pre-Planning, with Chad Sparks
Financial Focus on Funeral Pre-Planning, with Chad Sparks Continuing in our endeavors to bring the most dynamic McLean County experts to educate and entertain in financial and retirement topics, McBeath …
Financial Focus on Estate Planning with Chad Ritchie
McBeath Financial Group is proud to present our very first guest speaker sharing his expertise in Estate Planning! In this featured interview video, Estate Planning Attorney Chad Ritchie of Ritchie …
Introducing McBeath Financial Focus Videocast Series
McBeath Financial Group is extremely excited to formally announce the release of the first episode of a newly created video series, McBeath Financial Focus! Every month, the Focus series will …