You can always tell when it’s tax season. For me, it’s the notable change in advertising messages that go out. Retailers begin asking consumers to consider making a large purchase using the large sum of money they just came into. Receiving a large refund is celebrated as if it’s a holiday event and retailers are…
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Parenthood is hard! But that truth makes grandparenting a joy for so many. I’ve heard many grandparents in my office talk about the joys of being a grandparent, while citing the reality that you get to have all of the fun without the same amount of responsibility! But for more than 3 million grandparents in…
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If you’re a small business owner and you don’t have an employee retirement plan, the clock is ticking… Effective November 1, 2023, Illinois will require employers with 5-15 employees to have retirement plans as part of the Illinois Secure Choice Savings Program Act. If you missed the deadline for companies with 16-24 and 25+ employees,…
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July’s Captain’s Log A growing trend in our industry is that more and more people are having their wealth professionally managed! A Registered Investment Advisor (RIA) is a firm that is regulated by the Securities and Exchange Commission and specializes in giving financial advice and managing investments. At the end of 2020, RIA’s managed a…
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Summer is a season filled with wanderlust and adventure, but it’s also a time when expenses can quickly add up, leaving your budget far behind. However, with a little planning and some clever strategies, you can enjoy a fantastic summer getaway without breaking the bank. Our experts at Anchor Wealth Management recommend the following tips…
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SECURE 2.0 Brings A Little Confusion And A Lot of Opportunity In the twilight of 2022, while you were doing some last-second Christmas shopping and loosely starting to form your New Year’s resolutions, Congress passed the largest piece of retirement legislation since 2006. The Secure Act 2.0 brought about 92 separate provisions that each affect…
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2023 is the year of the rabbit, but for investors, it should be considered the year of the tortoise. The lesson of the classic Aesop fable may ring true more than ever as we maneuver through 2023. At the outset, 2023 will sing the same song as 2022. Inflation will continue to be a factor…
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New Year’s resolutions look different for everyone, but they all have the same goal: to make sure this year’s version of you is improved in some way over last year’s. That change can come in the form of weight loss, a new job, or financial goals. Like a New Year’s resolution, your comprehensive financial plan…
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I’ve committed my career to helping people plan for retirement. During the planning phase, I help individuals imagine their ideal retirement scenario and then create a comprehensive financial plan that makes that imagined scenario a retirement. But the thing about life is that it rarely—if ever—goes as planned. Over the past two years, I have…
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Optimism And Pessimism Require The Same Amount Of Energy. Choose Wisely It’s the time of year when I traditionally write an article about goal setting and how to make this year your best year ever financially. The news headlines tell me that I should be writing an article about recession and how to protect your…
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