Have you ever thought about what you would do if a windfall dropped in your lap? It’s not that unusual. After all: The U.S. is experiencing the greatest wealth transfer […]
Windfall Imaginings: Financial Strategies for When You Fall into Unexpected Money Read More »
Retirement planning was historically a little easier. For instance, the average life expectancy in 1950 was 68 years old.1 If you retired at age 62, your retirement plan might need only
The Value of Multiple Retirement Income Streams Read More »
When you invest money, you are putting it at risk — all investments can lose money. The key is to gauge your risk, and to not put more money at
The Nature of Risk When it Comes to Investing Read More »
As with any major global conflict, we learn things. The pandemic taught the U.S. the importance of reshoring manufacturing jobs, so we aren’t beholden to other nations, like China, for
The War on Oil Prices Read More »
Global turmoil and rising inflation have presented today’s investors with some pretty daunting risks. Financial Strategies for Rising Inflation But remember, this is the situation for which you built a
Market Volatility: Taken in Perspective Read More »
When Putin invaded Ukraine in late February 2022, President Biden announced sanctions targeting Russian banks, the country’s sovereign debt and Russian oligarchs, warning that Russia would pay an even steeper
How the Russia-Ukraine Conflict Could Affect Americans Read More »
In a recent survey by the American Psychological Association, more than 80% of American adults said they were feeling increased financial stress due to: Higher inflation (87%) Ongoing supply chain
The Financial Stress Toll (of Late) Read More »
It’s been two years since COVID-19 hit U.S. shores, but are we anywhere near pre-pandemic normal yet? It doesn’t look like it. The stock market, while volatile, recovered nicely from
COVID: Are We Back to Normal Yet? Read More »
Chris Heerlein, in his video, shares personal anecdotes to emphasize the importance of private client financial relationships in wealth management. He recounts his early experiences of earning and saving money, beginning with a job at a metal foundry at the age of 14. This early exposure to financial realities, like the impact of taxes on earnings, sparked his lifelong focus on maximizing net wealth. Heerlein identifies with the mindset of his clients, understanding their desire to preserve the wealth they’ve worked hard to accumulate. He stresses that while paying taxes is a responsibility, ensuring that one does not overpay is equally important. This philosophy resonates with the families he consults, who are often driven professionals and entrepreneurs with a strong desire to maintain and grow their wealth.
Chris Heerlein on the Importance of Private Client Financial Relationships Read More »
It seems that millions of taxpayers still have not received their tax refunds from 2020 and even 2019.1 A major reason is due to the defunding of the IRS. Between 2010
The Taxing Landscape of the IRS Read More »