How to Financially Plan for a Career Change

career change

By Michelle Maton, CFP®, CeFT®, Sr. Financial Planner In 2021, a record-breaking 47.4 million Americans voluntarily quit their jobs. According to the Labor Department that amounts to about three percent of all workers in the U.S. It’s being called The Great Resignation, and it represents an unprecedented shift in the labor market. The pandemic has […]

Required Minimum Distribution (RMD) Suspended for 2020

by Michelle Maton, CFP®, EA, CeFT™ As a part of the Coronavirus Air, Relief and Economic Security Act (CARES Act) RMD’s were waived for 2020.   The Required Minimum Distribution suspension includes IRA’s, employer retirement plans, plus 403(b) and 457(b) plans. Those reaching age 70 ½ in 2019 can suspend 2019 RMD, as well as […]

My Escape to Sylvan

by Michelle Maton, CFP® Sometimes the risks we take are embodied by the life choices we make. Typically, one of my responsibilities as a financial planner is to reduce the element of financial risk in my clients’ lives. However, there are unique situations when I fully support taking on sizable risks. Such is the case […]

Year-End Tax Tips

by Michelle Maton, CFP® & Rob Baner, CPA Now that we’re settling into the revisions of the Tax Cuts and Jobs Act, we find though much has changed under tax reform, many tax savings strategies still remain relevant. The tax law makes itemized deductions very limited for most taxpayers. In addition, the standard deduction is […]

When Life Changes, How Does it Change You?

by Michelle Maton, CFP® Have you ever been blindsided by a life event or by your feelings about it? When a spouse or parent or child died, or when you retired or got divorced, or when you sold your business, were you confused and exhausted—on your best days? Did you have a tough time making […]

Setting Successful Financial Goals for 2019

Sr. Financial Planner

Michelle Maton, CFP®, CeFT®. Partner & Senior Financial Planner in the Chicago office of The Planning Center is featured on ABC7 Chicago discussing how to set successful financial goals for the New Year and reaching financial freedom. Watch the entire interview here:  https://abc7chicago.com/finance/setting-successful-financial-goals-for-2019/4943130/

Holiday Spending 2018

by Michelle Maton, CFP® Spending this holiday season is estimated to run up to $1 trillion (yes, that is trillion with 12 zeros). We will spend $2.2 million on 400 million Christmas trees. We will spend $5 million on our pets. Forty-six percent of us will do our shopping online. And how will we pay […]

How to Save on Your Taxes

by Michelle Maton, CFP® & Rob Baner, CPA It is the biggest tax overall in nearly a generation. The Tax Cuts and Jobs Act of 2017 (TCJA) was enacted in December of 2017 and its reverberations will be felt for years to come. Though much has changed under this new tax reform, many tax savings […]

Adventures with My Clients

by Michelle Maton As a financial advisor, I rarely get to spend quality time outside of the office with the many clients I have grown close to over the years. That changed when I decided to invite clients to join me in my travels. My first trip to Peru, one of my favorite travel destinations, […]

Putting Money in the Context of Life

Life seems to be coming at us faster and faster. At times, the demands on decision making are overwhelming. One way financial planners stop the merry-go-round is to attend continuing education conferences where they can learn new tools or hone old tools to be more effective. Three of the planners at The Planning Center recently […]