Christopher J, Bohonyi - Northwestern Mutual

Let’s talk about planning ahead.

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It’s an important factor in who (and what) you can insure.

What Does Insurable Interest Mean? To take out a life insurance policy on someone, you must have a legitimate financial connection to them. This is known as “insurable interest.”

If you’re ready for a midlife career shift, we’re happy to talk through the steps to help you do things right.

What to Know About Starting a New Career at 40 Starting a new career can be tough, but it’s never too late. Here are some important things to keep in mind before making a career change at 40.

If you’ve got RMDs in your near future and need help seeing how they’ll impact your savings in the long and short term, please reach out.

Required Minimum Distributions: 7 Things You Should Know It’s important to understand the withdrawals you will have to make from most of your retirement plans. Knowing what to expect can help you plan ahead.

More money doesn’t have to mean more problems.

5 Common Mistakes People Make After Getting a Raise Getting a bigger paycheck is great — as long as you avoid these common pitfalls.

Nothing can make it easier, but knowing what financial steps to take after a loved one dies may make it less stressful.

Financial Steps to Take When a Loved One Dies Nothing can make it easier, but this may make it less stressful.

Life insurance is important, and you want to make a smart choice. Together we can choose the plan that matches best with your needs, goals and budget!

Term Vs. Permanent Life Insurance Understanding the differences between term life and permanent life insurance options (like whole and universal) can help you pick the best insurance policy.

They have very different purposes.

The Difference Between a Revocable and Irrevocable Trust Trusts can be an important part of your estate plan. Before setting up a trust, it’s important to understand the difference between revocable and irrevocable trusts.

Let’s talk if you haven’t started planning for long-term care needs yet.

How Long Does the Average Person Need Long-Term Care? How long does the average person need long-term care? It’s difficult to predict, but the best bet is to plan ahead for just such an event.

We’d like to help you embark on your investment journey with confidence. Let’s talk about how stocks can help you.

What to Know About Investing in Stocks You can invest in stocks in a few different ways. Learn what stocks are, how to invest in stocks and everything else you need to get started.

We can help dig into the details of your inheritance. Let’s make sure your legacy will reach your loved ones as efficiently as possible.

How an Inheritance Is Taxed If you’re planning to leave a legacy, or if you think you will inherit money, it can be natural to wonder how an inheritance is taxed. Here are some of the rules.

We’re bringing you a somber but important topic today. Your debts don’t necessarily disappear when you die. We can help you plan ahead so the process is easier for your loved ones.

What Happens to Debt When You Die? When someone with debt dies, the assets they owned will usually be used to pay off that debt. Learn more about what happens to debt when you die.

You’re never too young to start planning to leave an inheritance for your loved ones. Whether you’re the first to save for the next generation or your family has a long history of passing down resources, I can help you take steps today to prepare for the future.

What to Do Today to Build Generational Wealth and Leave an Inheritance in the Future If leaving an inheritance to your loved ones is a priority, you’re not alone. There are steps you can take today to make this a reality in the future.

Will a September rate cut be enough to prevent the economy from tipping into recession? Our Chief Investment Officer Brent Schutte offers his take.

Fed Signals Rate Cuts Are Coming—Now Comes the Hard Part News of a likely rate cut in September was overshadowed by weak economic data. We look at why investors’ concerns are warranted.

Wills and trusts both play crucial roles in estate planning but serve different purposes. Learn what each can do for you and your loved ones.

Will vs. Trust: What’s Better? Both can serve an important part in an estate plan, but is it better to have a will or a trust? Learn the differences and what each can do for you and your family.

A Roth IRA has many benefits—but it works best when combined with other retirement savings options. I’d love to show you how.

What Is a Roth IRA Conversion Ladder? By spreading Roth conversions over several years, you can take advantage of a Roth’s benefits and minimize your tax impact.

I’d love to have a conversation about what type of life insurance is right for your situation.

How Different Types of Life Insurance Work There are many different types of life insurance to choose from, so here's a look at different life insurance policies explained.

The right planning can help you get the most out of your savings. Please reach out if you’d like to talk about your retirement plan.

How to Build a Retirement Income Plan That Can Last As Long As You Live Today’s retirement could last 20 to 30 years. How will you ensure that your savings last? Learn how to create a retirement income plan that’s designed to last.

Look beyond “plain vanilla” life insurance. 🍦 Discover the power of riders and how they can help protect what’s most important to you.

What to Know About Life Insurance Riders Riders in insurance are additional benefits that you can use to help you tailor a policy to better serve your specific needs.

If you have questions about how paying for your child’s education fits into your overall financial plan, let’s talk.

Student Loans 101: What to Know Before Your Kids Borrow Sharing this primer with your kids can help educate them about borrowing before they set foot on campus. Knowing the ins and outs about paying back student loans can pay off later.

If you’re thinking about gifting money to family, here are some things to know.

How Financial Gifts Are Taxed If you’ve heard that you can gift up to a certain dollar amount each year to anyone without incurring federal gift tax, that’s true. But what you may not know is that if you are looking to gift more than this amount, there is a strong chance you still can without incurring federal gift tax or im...

Starting a new career at 50 can lead to better pay and more fulfilling work. Discover key insights on making this significant transition smoothly.

New Career at 50? No Problem Changing careers at 50 might feel impossible, but that’s really not the case. But you’ll want to check out these tips before making a midlife career change.

Reach out if you have questions about your retirement planning.

How State Taxes Can Affect Your Retirement When you’re retired, every penny from your income streams will count. Here’s how which state you live in will factor into those calculations.

Let’s talk if you’re looking to make your retirement travel dreams come true.

5 Road Trips for Budget-Minded Retirees One of the perks of retirement means being able to explore new places on your own time.

Understand how these bonds might meet your financial goals.

What Aare Municipal Bonds? A municipal bond is an investment bond issued by state, county or local governments. Find out more about how municipal bonds work.

If you’re thinking ahead to retirement, let’s talk! We can help you create a comprehensive plan that’s tailored to you.

What Is the Reverse 4 Percent Rule? The reverse 4 percent rule is a general guideline about how much money to save for retirement. It suggests that you divide your annual expenses by 4 percent and account for inflation.

Are you ready for retirement? The 2024 Planning & Progress Study revealed that people who work with a financial advisor plan to retire earlier than those who don't. They’re also more confident about their financial future! Read more about the study and what John Roberts, Chief Field Officer at Northwestern Mutual, had to say in this Investment News article:

Americans with advisors feel more ready to retire, finds Northwestern Mutual - InvestmentNews Survey research showcases the value of financial advice for high-net-worth individuals, Black Americans, and next-gen investors.

As you think ahead to a comfortable retirement, figure out how much to put into your account—and how often.

How Much Should I Contribute to an IRA and How Often? If you’ve wondered, “How much should I contribute to an IRA? And how often?” Here are a few guidelines.