Join us for Thursday’s Town-Hall Live Webinar! We will address common questions our clients are asking and you’ll have the ability to submit questions throughout the hour-long webinar. Can’t make the date or time? Register anyway and we’ll send you the recorded session.Read More
Savant offers perspective on a variety of topics. Entries range from current events to timeless insights in the world of finance and investments.
Investors have been forced to deal with higher levels of volatility across stocks, bonds, and alternatives since mid-February as markets attempt to price in the risk of the Coronavirus and an oil price war between Saudi Arabia and Russia. Savant’s Investment Research team is digging into the details with charts to provide perspective around coronavirus cases and the price war, their impact on markets to date, and some historical context regarding bear markets.Read More
All of Savant’s physical locations will be closed through April 7 or until the “all-clear” is issued on the COVID-19 pandemic. In the meantime, we have become a remote workplace. Your Savant team, supported by robust and secure technology, continues to stand at the ready to serve your needs.Read More
Here are answers to some of your latest COVID-19 questions, provided by Brian J. Knabe, MD, CFP®, CMP®, one of our financial advisors in Savant’s Rockford office, who is also a practicing physician.Read More
In these uncertain times, markets have dropped at record-breaking speed. What is an investor to do? Building and sticking to a plan may sound trite, but it’s a solid strategy that is backed by historical data.Read More
Now that we’re in a bear market, many investors are wondering how it will impact their portfolios. Phil Huber, Savant Capital’s chief investment officer and Gina Beall, manager of investment research discuss the effects of COVID-19 and outline the four most likely areas of potential impact.Read More
A sharp market decline can be terrifying, especially if you’re approaching or in retirement. But even a bear market can present opportunities for investors. Here are 10 possibilities.Read More
We are taking steps to make sure we can continue to serve you and maintain the health and safety of our clients and our team members as our nation deals with the COVID-19 pandemic.Read More
“Gold is a way of going long on fear, and it has been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in a year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money, but the gold itself does not produce anything.” – Warren Buffett
Radio and TV ads for buying goldRead More
Finding the best time to refinance your mortgage isn’t always easy. Teryn Fitzgerald walks you through four primary factors that could help you make the decision.Read More
Here are answers to some of your COVID-19 questions, provided by Brian J. Knabe, MD, CFP®, CMP®, one of our financial advisors in Savant’s Rockford office, who is also a practicing physician.Read More
How much did you pay in federal taxes for 2019? Although it’s not a question most of us like to think about, tax season is here and this may cross your mind as you file your 2019 tax return.
A common misconception about our tax system is that those in the highest tax bracket pay 37% on their total income minus deductions. In fact, this rate is applied only to taxable income over $510,300 (single) and $612,350 (married filing jointly).
To determineRead More
Most people understand that it is impossible to time the market without a working crystal ball. But this is easily forgotten when the daily headlines announce that your net worth is falling. The natural question is: should I get out now and avoid more of the same?Read More
As you hear regular coronavirus updates coupled with headlines about the market’s recent volatility, it’s difficult to put everything into perspective. If left unchecked, even the most valid emotions can lead you down a dangerous path concerning your investments.In this 20-minute webcast, our Investment Research team will put recent updates into perspective for you by addressing common questions and concerns.Read More
Since the passage of the Revenue Act of 1913, Congress has rejiggered our income tax rates an astonishing 40+ times. This includes the remarkable period from 1976 through 1993, when tax rates shifted 10 times in 18 years.
We have recently been on pace to break that record.Read More
Albert Einstein said, “The most powerful force in the Universe is compound interest.” He referred to it as one of the greatest “miracles” known to man.
Compound interest is interest added to the principal of your investment so that from that moment on, the added interest also earns interest. This addition of interest to the principal is called compounding, and the outcome can be very powerful.Read More
“Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.” It is no surprise that Ronald Reagan would have this take on inflation, considering that he was inaugurated just after the great inflation of the 1970s.
Certainly hyperinflation and stagflation are trouble for an economy, but moderate inflation is actually a sign of a healthy economy. With that said, even moderate inflation can have a significant impact on your purchasing powerRead More
Six out of ten self-employed individuals are not making regular contributions to their retirement savings, according to a 2015 survey conducted by TD Ameritrade. What is interesting is that self-employed individuals have perhaps more retirement options than any other type of worker.
If you are self-employed, there are many options that may allow a tax savings opportunity, as well as a vehicle to reach your retirement savings goal. In many cases, you are allowed to make contributions to your plan underRead More
Scary news headlines may spark rapid sell-offs and stir panic for some investors, but it’s important to focus on the big picture. Trying to time the market based on short-term headlines is an extremely difficult task and can end up hurting investors over the long term.Read More
Your chance of being born on February 29 is 1 in 1,461. The chance is 1 in 4 that any given year will be a Leap Year. Every four years we get an extra 24 hours because our calendar year is not perfectly 365 days long. It takes the earth 365 days, plus six hours, to travel around the sun. Therefore, the purpose of February 29 is to keep our calendar aligned with the earth’s revolutions around the sun. ButRead More
With the change of the calendar year, individual taxes tend to come into focus as the tax return deadline quickly approaches. While the thought of income taxes and income tax filing can be stressful to most, taking a simplified approach, while being methodical and proactive in filing, and planning for future taxes can reduce this burden. Here are some tax tips for 2020 to help manage potential challenges.Read More
10 Lessons From a CERTIFIED FINANCIAL PLANNER™ Professional Who Did It Himself
I lived most of my life in the Midwest – born and raised in Minnesota, college in Michigan and then 15 years in Chicago. My family was finally ready to get out of the cold, so we embarked on a two-year journey that ended with us settling into our new life in Phoenix.Read More
As of Jan. 27, 2020, the IRS will start to accept 2019 tax returns. Most taxpayers are watching for their W-2s, 1099s, and other tax related documents to arrive in the mail and are curious to see if their tax situation will be better than it was a year ago with the new tax law changes.Read More
Tax season. Those two words can launch a wide range of emotions, largely dependent on whether you will receive a refund or owe money to the IRS and/or your state when your tax return is filed.Read More
Most families are surprised when they see their personal Net Worth Statement documented for the first time. Often, total net worth is larger than they had thought! As we go through life, we tend to collect many possessions which fill our houses, garages, and closets. Similarly, with our financial lives we collect accounts, assets, and debts and never put in the effort to see how the puzzle fits together and how to best build a financial plan.Read More
Every January I head down to Orlando for the Heckerling Conference on Estate Planning. Imagine thousands of attorneys and CPAs all congregating to discuss the latest complicated estate and tax planning strategies the best and brightest had dreamt up… yes, it is exactly as big of a nerd fest as you are imagining. I always come back with these amazing ideas that I can’t wait to share as they relate to people’s estate plans.Read More
Do you hear what I hear??? It’s new legislation coming out of Washington this Christmas season! Heading into the New Year the Federal Government has just released legislation that will have far reaching implications for nearly all individuals. You may have heard rumblings of something called the SECURE Act throughout the year. It passed with near unanimity in the House back in May but was met with a frosty response once it moved to the Senate.Read More