If you are leaving an employer you may think it’s a no-brainer to rollover your 401k to an IRA or a new employer plan. Not so.
April, 2018:
Why Inactivity Can Be Your Best Friend
When most of us think about the word inactive, we may think negatively – such as lounging around on the couch, being lazy, or apathetic to a given situation. Most of us feel the need to be active to promote a healthy lifestyle through exercise, perform optimally at our job, or being involved with our family. In many cases, this is valid. There is one area where inactivity can be beneficial. When it comes to investing, doing less can help us achieve the expected return we need on our portfolios, while keeping expenses as low as possible. For many of us, this seems counterintuitive. Many of us can’t help but to do something, anything. Some of us may feel that if we are in control of our investments, we can impact their performance. But the truth is for most us, we are not in control. We cannot control the markets. […]
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Auto Insurance Explained
Most individuals who drive a vehicle have that vehicle insured (or should). In many states (including Illinois) auto insurance is mandatory. However, mandatory does not mean adequate. Even the phrase “full coverage” does not indicate adequate coverage for a person or family. The following is a breakdown of what coverages are generally provided on an auto policy, and some ideas regarding the amount those coverages should be. A. This coverage is for you or a permitted driver of your vehicle that provides liability coverage in the event you are liable for bodily injury from an auto accident. This coverage provides bodily injury protection on a per person and per accident basis. There’s also coverage for property damage. Coverages are stated in thousands of dollars. For example, 250/500/100 means $250,000 of bodily injury protection per person, $500,000 total per accident, and $100,000 property damage coverage. Coverage amounts can be higher (or […]
Sterling Raskie, MSFS, CFP®, ChFC®
The latest in our Owner’s Manual series, A 401(k) Owner’s Manual, was published in January 2020 and is available on 
A Medicare Owner’s Manual, is updated with 2020 facts and figures. This manual is available on 
Social Security for the Suddenly Single can be found on Amazon at 
Sterling’s first book, Lose Weight Save Money, can be 
An IRA Owner’s Manual, 2nd Edition is available for purchase on Amazon. Click the link to choose the 
Jim’s book – A Social Security Owner’s Manual, is now available on Amazon. Click this link for the 
And if you’ve come here to learn about queuing waterfowl, I apologize for the confusion. You may want to discuss your question with Lester, my loyal watchduck and self-proclaimed “advisor’s advisor”.