7 Things Successful Retirees Have in Common: Purpose.

In America, the concept of “retirement” is relatively new. As recently as the late 1800s, most people either worked until they were physically incapable or until they died. Our modern understanding of retirement began to take shape when the Social Security Act was signed into law in 1935, setting the age of retirement at 65. […]

Three Essential Questions to Ask Before Purchasing a Vacation Home

The temptation often starts cropping up during one’s mid-career years. Some big goals have already been achieved—paying off all “bad debt,” purchasing a primary residence, saving sufficiently for retirement and kids’ education—but there’s some excess cash flow that doesn’t yet have a job assigned to it. It’s reasonable to ask, “ok, now what?” It’s also […]

A Reasonable Approach to Saving for College

 As a new parent, I’ve got college on my mind. While it’s true that it’s going to be 18 years before my wife and I make that first tuition payment, the savings journey will need to start soon if we want to be able to afford those payments.  If Bo (our son) ends up going […]

A Useful Tool for Navigating Money Disagreements

By Andy Baxley, CFP, CIMA, Sr. Financial Planner You’ve probably heard that money-related issues are one of the leading causes of marital strain in the United States. Perhaps you’ve even experienced some of this strain yourself. If you have, you know just how emotionally fraught these conflicts can be. Whether we like it or not, […]

Take This Job, I’m Retiring

With an increasing contingency of employees opting for early retirement, Andy Baxley, CFP®, Sr. Financial Planner at our Chicago office, shares with Kiplinger a couple of keys areas to evaluate before boxing up your belongings.    Read the Entire Article Here   Andy Baxley, CFP®, CIMA®, is a Financial Planner in the Chicago office of The Planning Center, a […]

Here’s What 8 Financial Planners Say You Should Do With Your Money During Inflation

inflation

Andy Baxley, Sr. Financial Planner at our Chicago office shares tips with Fortune on how to be strategic with your money as inflation surges. Read the Entire Article Here Andy Baxley, CFP®, CIMA®, is a Financial Planner in the Chicago office of The Planning Center, a fee-only financial planning and wealth management firm. Email him […]

Consider These Year-End Tips to Lower Your Tax Bill or Boost Your Refund

Andy Baxley, Sr. Financial Planner at our Chicago office shares tips with CNBC on how to be strategic with year-end charitable gifts. Read the Entire Article Here Andy Baxley, CFP®, CIMA®, is a Financial Planner in the Chicago office of The Planning Center, a fee-only financial planning and wealth management firm. Email him at andy@theplanningcenter.com.

Mind the Gaps – Why Many DIY Investors Falter

By Andy Baxley, CFP, CIMA, Sr. Financial Planner The earliest stock exchange dates to 17th century Amsterdam and the various East India Trading companies, but it took hundreds of years of economic and technological advancements for equity investments to become widely accessible. There were many important milestones along the way— the first modern mutual fund in 1924, the […]

The Three Dimensions of Risk

The Three Dimensions of Risk

By Andy Baxley, CFP ®, CIMA ® As financial planners, we spend a lot of time talking with our clients about risk. In the markets, as in life, accepting certain calculated risks is an essential component of growth and progress. To achieve desired outcomes, we must be willing to embrace uncertainty and accept the possibility […]

The 6 Concepts You Should Know to Be Financially Literate

  Read the Entire Article Here   Andy Baxley, CFP®, CIMA®, is a Financial Planner in the Chicago office of The Planning Center, a fee-only financial planning and wealth management firm. Email him at andy@theplanningcenter.com.

What is Financial Life Planning?

What is Financial Life Planning?

By Andy Baxley, CFP ®, CIMA ® I’ll never forget the day I passed the exam to become a Certified Financial Planner professional. The relief I felt that day was truly indescribable. The stress, late nights, and seemingly endless sea of flashcards had finally paid off. I was ready to be a financial planner. Or […]

You’ll Probably Have to Retire Earlier Than Planned

  Read the Entire Article Here     Andy Baxley, CFP®, CIMA®, is a Financial Planner in the Chicago office of The Planning Center, a fee-only financial planning and wealth management firm. Email him at andy@theplanningcenter.com.