Month: January 2018

refresh my finances for the new year

refresh my finances for the new year

Capital, Chicago Financial Advisors, Chicago Financial planner, Investment, Management
While your resolve is strongest, set aside cash for emergencies in a traditional savings account. Make your primary goal to save $500 by automating transfers from your checking account. Over time, work toward accumulating at least three months' worth of expenses. Remember, this is for unexpected costs such as medical bills and car repairs, not a sleek, new snowboard. Next, if you're not saving for retirement, start now. Many employers match your 401(k) contributions, so try to save at least enough there to collect that free money. Even if your workplace doesn't offer a plan, you can open an individual retirement account. Small contributions can grow to big bucks over time: If you start saving $50 a month when you're 25, you'll have about $100,000 by age 65, assuming a 6 percent average ...
Achieve Personal Finance Success in Chicago

Achieve Personal Finance Success in Chicago

Capital, Chicago Financial Advisors, Chicago Financial planner, Investment, Management
Have you found yourself year after year struggling to meet the benchmarks you’ve set to achieve financial success? Well, it’s a perfect time to start setting financial goals for 2018 with a mindset to be successful this time. Remember, all of our financial circumstances and goals differ and so will our approaches. Here are six tips that can help you start laying your money-based ambitions: Determine your goals What does success look like to you? Some may say becoming a millionaire while others may say eliminating debt and having a comfortable retirement nest egg. Take the time to map out what your financial goals are and then set realistic timeframes to reach each goal. Commit and be persistent to achieve financial success Any time you look at the stories of those who are financial
tips for investing in your 30s

tips for investing in your 30s

Capital, Chicago Financial Advisors, Chicago Financial planner, Investment, Management
n your 20s, funding your 401(k) might have sounded like a good goal … for your 30s. Now that your 30s are here, you may be nervously noticing the countless articles on the virtues of investing in your 20s. Don’t worry. You’re definitely not too old to reap the benefits of investing. Getting started now gives you plenty of reasonable paths to build a healthy $1 million by retirement. 1. Start with your 401(k) Your 20-something self was right about the 401(k) part: That’s the first place most people should save for retirement. A 401(k) has a high annual contribution limit of $18,000. Contributions get swept into the account directly from your paycheck — before taxes — like magic. Perhaps best of all, many employers will match your contributions, at least up to a cap. That’s fre
Best Financial Advisors in Chicago

Best Financial Advisors in Chicago

Capital, Chicago Financial Advisors, Chicago Financial planner, Investment, Management
The need for financial advisors has grown exponentially as millions of baby boomers begin to retire and look for retirement security. With an influx of young and affluent wealth, Millennials are taking after their parents and also seeking financial advisors to help them make wise financial decisions. However, there are over 1 million financial advisors in the United States. For major cities such as Chicago, this problem is exacerbated by a high density of financial advisor options. With money management being so important, it is imperative for residents of Chicago to find the best financial advisor possible. The following is a list of the top six financial advisors in the Chicago area. 1. Basil Financial Group Basil Financial Group is a fee-only financial advisory firm known for offeri...
Chicago’s Best Financial Advisors

Chicago’s Best Financial Advisors

Capital, Chicago Financial Advisors, Chicago Financial planner, Investment, Management
Chicago, IL (January 15, 2018) – Savant Capital Management, a nationally recognized fee-only wealth management firm with 12 offices in three states, announced today it has been named one of the Top 10 Financial Advisors in Chicago. The selection process was conducted by AdvisoryHQ News and was based on a wide range of criteria including fiduciary duty, independence, transparency, level of customized service, history of innovation, fee structure, quality of services provided, team excellence and wealth of experience. Savant was touted as standing out from the crowd of financial advisors in Chicago with its transparency and focus on client successes, in addition to being a Certified Investment Steward and a Certified Investment Advisor by the Centre for Fiduciary Excellence (CEFEX). Th