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Creating Value Archives - Your Retirement. Your Dreams. Your Life. Kort McCulley is Changing Your Future for the Better.

If You Want To Go Fast… If You Want To Go Far…

By | Advice, Dreams, Education, Finance, Food for thought, Investing, Life, Mindset, Money, Motivation, Planning, Retirement, Strategy, Technology | No Comments

There’s a famous quote that says,”If you want to go fast, go alone. If you want to go far, go together.” Many people have no problem doing things on their own, but imagine how much more you could do if you had a great team surrounding you. An article from The Meaning Movement has some great points that compare going fast alone and being great with a team- check it out here!

Now, let me ask you, who is on your financial team? Who is helping you make progress toward your financial goals and freedom?

Having a financial team is crucial. Think of a financial team as a support system. With the world and economy constantly changing, it is important for you to surround yourself with a group of people who will help you to stay on the right track to reaching your financial goals.

This week, I am challenging you to think about whether or not you have a good support team in place, and if not, please consider building one. Everyone needs a support system to keep moving forward!

Why Investors Are Losing To The Markets

By | Advice, Dreams, Education, Finance, Food for thought, Investing, Life, Mindset, Money, Motivation, Planning, Retirement, Strategy, Technology | No Comments

The market rises and the market falls- it will never be perfectly consistent. Based on research for the Dalbar study, it was discovered that there is a significant gap between the S&P 500 and investor returns that lead to the question, “Why is this gap present?”

This gap is caused by a current behavior of investors that is actually hurting more than helping; acting irrationally based on the condition of the markets. When the market is high, investors add to their investments, and when the market is low, many bail. Could it be better to stick out the bad times?

Hopefully this leaves you with some great food for thought! Have a great weekend everyone!

 

 

Adequate Savings Rates

By | Advice, Dreams, Education, Finance, Food for thought, Investing, Life, Mindset, Money, Motivation, Planning, Retirement, Strategy, Technology | No Comments

“How much should I be saving for retirement? Is there a certain percentage of my income that I should be saving?”

These are questions that I am asked frequently. The answer is simple: it is different for every person. Everyone has their own unique situations, different needs for retirement life, and has different incomes. What might work for a family member might not work for you. Your savings and savings rate are based on factors in your life and your life only.

I wanted to share with you some tools that will help you to determine what your savings rate should be and how you can use that number to be on the path to reaching your goals. DreamNumber, a tool I created myself, is great for helping you to organize your savings and prepare for your future needs.

Another tool that I mention frequently (it’s so helpful!) is the CNN Money Retirement Calculator. I really like this tool because you can input your income, your age, how much you have saved thus far, and it will compute how much money you will need for your retirement. I suggest taking a look at both of these tools and reaching out to me with any questions you may have!

Have a great week everyone!

Accountability

By | Advice, Dreams, Education, Finance, Food for thought, Investing, Life, Mindset, Money, Motivation, Planning, Retirement, Strategy, Technology | No Comments

This week, I want to discuss the importance of accountability. As I mentioned last in my last post, when it comes to your goals for this year, you should be doing 3 things: write them down, make them measurable, and have a support system to hold you accountable for those goals. It’s one thing to express your goals for the year, but it’s another task to actually follow through on those goals.

I want to keep reminding you to make sure you have someone to hold you accountable for these goals. Whether it be a family member, a friend, or even myself, hold yourself accountable; reach those goals.  With life being unpredictable, it can be really easy to get off track and even easier to push those goals off to the side. I want you to be able to accomplish the goals you have set for yourself! Make this year even better than the last!

Click here to check out a tool I created that helps you to stay on track with accomplishing your dreams! As always, feel free to reach out to me with any questions, concerns, or comments you may have! Have a great rest of your week!

2018 Goals

By | Dreams, Education, Finance, Food for thought, Mindset, Motivation, Planning, Retirement, Strategy, Technology, Uncategorized | No Comments

Happy New Year! As one year ends and another begins, it’s interesting to think about what goals you have and have not accomplished. Sometimes we achieve all of the goals we set for ourselves, and other times we haven’t quite reached them yet.

We challenge you to think of 3 big goals for your 2018. Write those goals down and discuss them with someone in your life that will make sure you stick with them! The most important thing to consider when creating these goals is to make sure they are measurable. Include specifics: when you want to achieve this goal, how much you want to increase or decrease by, etc.

Make this year even better than the year before! Welcome to 2018 everyone!

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All Boats Rise in a High Tide – Swimming Naked

By | Advice, Dining, Dreams, Education, Finance, Food for thought, Investing, Life, Mindset, Money, Motivation, Planning, Retirement, Strategy, Technology | No Comments

Warren Buffett once said, “All boats rise in a high tide.” The market has been doing great this year, but like Buffett has also said, “Bad things aren’t always obvious when times are good…after all, you only find out who is swimming naked when the tide goes out.” We wanted to share these quotes and a great article, Warren Buffett’s 23 Most Brilliant Insights About Investing, in hopes that you will keep his insights and advice about investments in your mind as we approach the new year. 

From our families to yours, we wanted to wish you all a very Merry Christmas and Happy New Year!

The Importance of Annual Rebalancing

By | Advice, Dreams, Education, Finance, Food for thought, Life, Mindset, Money, Motivation, Planning, Retirement, Strategy, Technology | No Comments

The end of the year is the best time to adjust and rebalance your investments so that they align correctly with where you are in life and where you want to be. Like mentioned in the previous post, people can become greedy when investments are doing well. Remember: progress is most important!

It might sound silly, but we want to make sure you know that your investments are important– you have to take care of them and protect them. Rebalancing your investments at the end of the year allows you to prepare for the coming years in the best way possible.

Reach out to our financial advisors here if you need any assistance with rebalancing finances or have any questions about your financial needs!

Investor Behaviors

By | Dreams, Education, Finance, Food for thought, Mindset, Motivation, Planning, Retirement, Strategy, Technology | No Comments

As many of you may know, the market has certainly been in good condition recently.

Our advice: keep up with your investments and see if you are meeting your needs based on your risk tolerance. We’ve noticed that more and more people are becoming greedy with their investments and are wanting more out of them than what they really need. Take a look at your investments and your risk tolerance and remember that returns in general are great results. Don’t push your investments so far, you don’t want to get too greedy!

Have a great weekend everyone!

Imperfections

By | Dreams, Education, Finance, Food for thought, Mindset, Motivation, Planning, Retirement, Strategy, Technology | No Comments

I hope you had a great holiday with all of your loved ones!

Let’s be realistic- life is never perfect. Though many of us would love to live in a perfect world with a perfect life, things don’t always work out that way. And that’s OKAY! Planning for the future, especially in regards to retirement and finances, can be overwhelming. There will be times where you try and try to create the perfect path to retirement or the best path to your future, but know that it’s completely okay and normal for there to be imperfections along the way! The most important thing is that you make progress- get one step closer to your goals.

This week’s video discusses imperfections, especially in regards to the important topic of money. If you did discuss the meaning of money with your loved ones this past week and you found that your response were different, that’s okay! It’s okay to have those different views. It’s okay to be imperfect!

Have a great week everyone!

Happy Thanksgiving!

By | Dreams, Education, Finance, Food for thought, Mindset, Motivation, Planning, Retirement, Strategy, Technology | No Comments

Thanksgiving is such a wonderful holiday! It’s no doubt that we love to serve; whether it’s to our clients, our readers, our loved ones, or to charities, we love to help wherever and whenever we can. This weeks video ties into our last post (What Does Money Mean to You?), and discusses what we are thankful for and why.

One of our favorite things to do is to contribute to charities as best as we can, so we have posted a list of charities below that we have served this year along with their links so you can check them out as well! Do you have any favorite charities? Let us know!

Thank you all for your constant love and support and for allowing us to help you in whatever way we can. We wish you and your loved ones a wonderful Thanksgiving that provides you with all of the love, happiness, and memories there could possibly be! Enjoy your week!

 

Charities to Check Out:

ALS: The Patrick Grange Memorial Foundation

Champions For Cures

Community Foundation of the Florida Keys

Fideliter Club

Gateway for Cancer Research

Lurie’s Children’s Hospital of Chicago

One Summit Inc.

Ready Set Ride

Ronald McDonald House Charities

Self Help International

Susan G. Komen

The Compassion Foundation

USO of Illinois