1. 5 Pitfalls of Mutual Funds

    When people think of investing for their retirement and financial future, they tend to think of investing in terms of good investments and bad investments — but in reality, all investment strategies have their pitfalls. Sure, mutual funds are known to carry fewer risks than volatile stocks, but there are some caveats associated with investing in mutual funds. In today’s blog post, P.A. Berg Re…Read More

  2. Sequence of Return Risk — What You Need To Know

    If you are an experienced investor or even if you tend to just dabble in investments, the term sequence, otherwise known as return risk, is likely on your radar. As an investment advisor and financial planner in the Chicago area, P.A. Berg Retirement Solutions knows a thing or two about the sequence or risk-return — and our team is here to help you, as someone investing in their financial future…Read More

  3. Mutual Funds Or Stocks? What Should I Invest In?

    When it comes to investing, “Should I invest in mutual funds or stocks?” is a question that you want to have answered well before you put money down. In fact, there are a couple of major factors that can make it generally easy for you to decide what investment opportunity is best tailored to benefit your portfolio. At P.A. Ber retirement Solutions, we have been helping people of the greater-Ch…Read More

  4. The Shiller Index Identifying Value Reducing Risk

    The Shiller Index — Identifying Value & Reducing Risk

    When it comes to financial planning for retirement people often think that the keys to planning a comfortable retirement are to save early and to save often. While yes, this is true, it is not quite so black and white, because it also matters how you save. When you plan for retirement the general idea is to make as much money as you can, and then to save it for later. While saving a little bit at …Read More

  5. There Are Hundreds Of Retirement Savings Plans — But There Is Only One Right Plan For You

    At some point in your life, you have likely been approached by someone, whether that be a friend or a family member, who had some financial advice to give you about retirement. It was likely paired with, “trust me, it worked for me!” or “I took a finance class in college, so I have a better idea than most!” At P.A. Berg Retirement Solutions, we acknowledge that there are some pretty financ…Read More

  6. Why You Should Avoid Risks In Retirement

    You probably wouldn't expect a retirement planning specialist like a registered investment advisor to tell you to avoid risks in your retirement — after all, it seems like a fairly obvious action. That being said, unnecessary risks are one of the leading causes for unforeseen issues in retirement, and as your source for retirement planning in Chicago, P.A. Berg Retirement Solutions is here to he…Read More

  7. Five Essentials of Social Security Benefits

    You probably wouldn't expect to know how to effectively use all the features of a specialty saw in a craftsman’s workshop without some instructions. Likewise, you shouldn't expect to understand all the ins and outs of Social Security without a little help. Just like that specialty saw, Social Security is a tool you should try to thoroughly understand before you begin using it. If you don’t, yo…Read More

  8. Social Security as a Tool for Financial Independence

    You may think of retirement simply as the time of life when your career ends, but it's really so much more than that. Essentially, it’s the stage at which you have finally reached financial independence and can afford to leave your career and live comfortably without relying on an employer’s pay. Thinking of it this way can really help you shift your focus to one that helps you create financia…Read More

  9. Removing Financial Burdens with Life Insurance

    When you look at the big picture, retirement, estate, and legacy planning are completely overwhelming. For most of us, the idea of saving enough money to support ourselves during retirement, handle our burial and estate, and leave a meaningful legacy to our loved ones seems completely impossible without living throughout retirement on a shoestring budget. Before you lose hope, a better idea would …Read More

  10. Retirement Planning: Getting Started Checklist

    Retirement planning is, by far, the biggest planning challenge most of us will face in our lives. Because it's not just about saving money, it's about preserving a lifestyle. And it's multi-faceted-with insurance and legacy planning as a big part of the process. Because we understand how overwhelming the prospect of retirement planning can be, we've created the following eight-step Getting Started…Read More