Objective information about financial planning, investments, and retirement plans

6 Investment Expenses You Need to Understand

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Investment expenses reduce your investment returns. While nobody should expect investment managers, financial advisors or other service providers to offer their services for free, investors should understand all costs and fees involved and work to … [Continue reading]

3 Financial Planning Lessons from the Cincinnati Bengals

Long-time readers of The Chicago Financial Planner know that I am a die-hard football fan and avid supporter of the Green Bay Packers. Come playoff time, I try catch all of the games as they are often memorable. The game this past Saturday between … [Continue reading]

4 Things To Do When The Stock Market Drops

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The stock market has started out the new year with some hefty declines. We are seeing firsthand the impact that China has on our markets. CNBC is calling this the worst start to a new year in almost a century. What should you do now? Here are 4 … [Continue reading]

My Top 10 Most Read Posts of 2015

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I hope that 2015 was a good year for you and your families and that you’ve had a wonderful holiday season. For us it has been great to have our three adult children home and to be able to spend time together as a family. We saw the movie Sisters on … [Continue reading]

8 Portfolio Rebalancing Tips

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My last post discussed 4 Benefits of Portfolio Rebalancing. This post continues on the rebalancing theme and looks at some ways to implement a rebalancing strategy. Here are 8 portfolio rebalancing tips that you can use. Set a target asset … [Continue reading]

4 Benefits of Portfolio Rebalancing

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As we move into the last month of the year and look forward to the new year many of us look to get our financial situation in order. One of the most important things you can do is to ensure that your investments are properly allocated. Portfolio … [Continue reading]

5 Reasons 401(k) Lawsuits Matter to You

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Several 401(k) lawsuits against major employers have been in the news this year. These suits are about high fees, conflicts of interest and plan sponsors failing to live up to their fiduciary obligations. Ameriprise Financial settled a suit … [Continue reading]

Social Security-The End of the File and Suspend Couples Strategy

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The big news in the world of retirement planning is end of a lucrative couples Social Security claiming strategy, file and suspend with a restricted application. The ability take advantage of this lucrative option comes to an end as of April 30, 2016 … [Continue reading]

5 Tips to Manage Taxable Mutual Fund Distributions

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With the end of the year in sight it’s time for year-end mutual fund distributions. If you hold mutual funds in taxable accounts, these distributions will be taxable to you.   Even with the weakness in the stock market earlier in the … [Continue reading]

What I’m Reading – Aaron Rodgers vs. Peyton Manning Edition

This week’s Sunday Night Football match-up features my Green Bay Packers visiting the Denver Broncos. Besides being a match-up between two unbeaten teams, it is a rare pairing of the Packers Aaron Rodgers against the Broncos Peyton Manning. Both are … [Continue reading]