You’ve heard the old adage, “don’t put all of your eggs in one basket.” This saying is applicable to many parts of our daily lives, however, it should be turned into a retirement planning mantra, especially for individuals who...
Nicole Sullivan
Nicole Sullivan, CFP®, RMA® is co-founder and director of financial planning of Prism Planning Partners. Prior to founding Prism Planning Partners, Nicole worked as a financial planner, specializing in providing financial planning and investment advice to a high net worth clientele.
On one side of the coin, having too many retirement accounts can result in oversight and be detrimental to your overall retirement savings strategy. However, when you max out accounts, it pays to have other types of retirement...
How you feel about your investments is important to our comprehensive financial planning team. That’s what makes understanding diversification essential, as it is a serious investment strategy!
A comprehensive financial plan can beat inflation if managed proactively to hedge against it through various strategies. To manage your portfolio risk properly, understand inflation’s impact on stocks/bonds and what sectors to...
Since economic uncertainty and stock market shifts are unavoidable, investors are best equipped with a comprehensive financial plan that accounts for volatility. The roller coaster tendency of the stock market is widely familiar,...
There’s a good chance that you’ve adopted your money mindset from those who raised you. Whether you are aware of it or not, money psychology plays a significant role, which has helped shape your financial worldview. Now entering...
When are you planning to retire? Do you have a date agreed upon with your loved ones? There is so much to consider, which is why goal-based investing (GBI) is a helpful method to get you there on time.
How a Financial Advisor Can Help You With Goal-Based Investing
March 22, 2022 Financial Planning Tips
Are you aware that investment strategy varies significantly among financial advisors – and not all are based on your personal goals? Investors in Libertyville, IL, and surrounding areas may be curious when they hear the term...
It’s that time of year when people take all possible measures to save more money on taxes. One of the chief ways to minimize taxes, both for 2021 and going forward, is to strategically use charitable giving — which the IRS...
It’s a new year, which means newly laid plans are still fresh for individuals, families, and business owners in Libertyville and surrounding areas. How are you doing with your resolutions? If 2021 was too much to handle, maybe...