510 North Humphreys Street
Serving the Chicago Area
Whether you are an individual looking for a future of financial independence, where you can pursue what means the most to you and your family, or an employer hoping to provide flexible and affordable employee benefits and retirement plans. It takes a large amount of time, experience, and hard work to make progress towards your financial goals. If you do not have the experience yourself, it is important to seek the services of experienced professionals to come up with a plan that is best suited for your individual needs or the needs of your business. Benefit & Financial Strategies is a comprehensive firm offering business continuation planning, employee benefits, estate analysis, health and medical plans, investment strategies, life insurance planning, and retirement planning. If you are wanting to learn how you or your business could benefit from financial services, contact us today.
Retirement services cover a wide range of financial planning products and services that aim to help individuals save for and live comfortably in retirement. Common retirement planning products include individual retirement accounts (IRAs), 401(k)s, annuities, and pensions. Retirement services also encompass many different types of financial advice, from investment counseling to estate planning. The goal of retirement services is to help individuals ensure that they have the resources they need to live a comfortable retirement. This often includes both saving enough money to cover expenses and creating a plan for how to best use those savings. Retirement services can be an important part of ensuring a comfortable retirement for both current and future retirees. Benefit & Financial Strategies offers a wide range of retirement services to meet the needs of their clients. They offer Traditional and Roth IRAs, Simple and SEP IRAs, and Fixed and Variable Annuities. Each type of account has its unique benefits and drawbacks, so it is important to consult with a financial advisor to determine which is the best option for your situation.
Insurance services are critical in financial planning. They help to protect individuals and businesses from the financial consequences of events that could cause a loss, such as death, disability, illness, or property damage. There are many different types of insurance, and each type serves a unique purpose. Benefit & Financial Strategies offers a wide range of insurance services to meet the needs of our clients. Long-Term Care Insurance provides financial protection for individuals who require extended care due to illness or injury. Medicare Supplement Plans help to cover the gaps in Medicare coverage, and Marketplace Consultations assist with choosing the right health insurance plan. Life Insurance provides peace of mind in knowing that loved ones will be taken care of financially if something happens to the policyholder. Disability Income Insurance protects against the loss of income due to an accident or illness. We are committed to helping our clients find the right insurance coverage for their needs.
Financial planning services create a road map that acts as a guide to help you reach your financial goals. When it comes to financial planning, there are a lot of different moving parts. To ensure that your finances are in order, it's important to have a clear plan and budget. This is where planning services come in. Planning services help you to organize your finances and make informed decisions about your money. They can guide everything from investing and saving for retirement to paying down debt and managing expenses. With the help of a financial planner, you can develop a personalized plan that can help you meet your financial goals. Whether you're looking to get out of debt, save for a big purchase, or simply gain peace of mind about your finances, planning services can help you get there.
Proper asset management is critical to building a stable financial future for you and your family, but it can be overwhelming at times. Whether you need help adjusting or reassessing your investments, Benefit & Financial Strategies is here to help families in Chicago, Illinois, and beyond. Our experienced professionals equip you with the resources you need to make smart decisions designed to help you build wealth. Our focus is on establishing a relationship based on trust. We work diligently to research and find the most suitable options for your needs. From keeping a close eye on your investments to tax-mitigating efforts, working with the local team at Benefit & Financial Strategies in Chicago, IL, we will help you to accomplish these goals.
Group employment benefits are a type of benefits package that employers can offer to their employees. They can include a wide range of different benefits, but common components of group employment benefits packages include health insurance, retirement savings plans, and life insurance. Group employment benefits can be an important factor in attracting and retaining employees, as they can help to offset the cost of these important benefits. In addition, group employment benefits can also help to create a sense of community and camaraderie among employees. For these reasons, employers who offer group employment benefits often find that their employees are more productive and loyal.
Benefit & Financial Strategies offers a comprehensive array of group employment benefits packages that can be tailored to the specific needs of your organization. Our team of experienced professionals works closely with you to design and implement a benefits package that meets the unique needs of your business.
Retirement Services for Employers can help your business in several ways. We can provide you with a retirement plan that will attract and retain the best employees. We can also work with you to design a plan that meets the specific needs of your business. In addition, we can provide you with the resources and support you need to manage your plan effectively. Our services are designed to make retirement planning easy and convenient for employers. We understand that each business has unique needs, and we are dedicated to providing the high-quality service you deserve.
Benefit & Financial Strategies provide a wide range of retirement services for employers, including pension and profit sharing plans, 401(k) and 403(b) plans, cash balance plans, buy/sell agreements, simple and SEP IRAs, deferred compensation plans, defined benefit plans, succession planning, and executive benefits. Each of these services is designed to help employers provide their employees with a secure retirement.
Founded in 1988, Benefit & Financial Strategies is a comprehensive firm offering business continuation planning, employee benefits, estate analysis, health and medical plans, investment strategies, life insurance planning, and retirement planning. We know that a one-size fits all approach doesn't work for everyone. That's why we provide the opportunity to find an advisor who shares your needs and goals, as well as our diverse backgrounds in finance which allows us access to many different areas of investment management so you can be confident about what advice will best suit your needs. Many of our clients come to us from referrals, not because they've seen a banner or an ad. This is due in large part thanks for the deep relationships we have developed over time with long-time customers.
Certified Financial Planner
Managing Partner, ChFC®, Financial Professional
Retirement Account Manager
Client Relationship & 401(k) Specialist
Intern-Client Service Representative
Group Benefits Account Manager
What is Financial Planning?Financial planning is the process of creating a roadmap for your financial future. It includes goal setting, asset allocation, and risk management. The goal of financial planning is to help you make informed decisions about how to best use your money to achieve your long-term financial goals.
How Do I Invest Money Wisely?When it comes to investing, there is no one-size-fits-all solution. The best way to invest depends on individual circumstances, including factors such as age, risk tolerance, and financial goals. However, some general principles can help investors make wise choices. For example, diversification is often recommended as a way to mitigate risk. Another common piece of advice is to invest for the long term.
How Much Do I Need to Retire?How much you should have saved by the time you retire depends on many factors, including your age, lifestyle, and the financial markets. Depending on their lifestyle and financial goals, retirees may need anywhere from $50,000 to $1 million in savings. For those who plan to retire sooner rather than later, it is important to start saving as early as possible. The earlier someone begins saving, the more time their money has to grow.
How Much is Health Insurance?Several different factors go into determining the cost of health insurance, including the age and health of the individual, the type of coverage desired, and the location. In general, plans with more coverage tend to be more expensive, while those with less coverage are cheaper. Additionally, people who are younger and healthier tend to pay less for their health insurance than those who are older or have pre-existing conditions.
What are Group Benefits?Group benefits are a type of insurance that is provided to a group of people, usually through their employer. The most common types of group benefits are health insurance, life insurance, and disability insurance. These policies can help to protect employees and their families in the event of an accident or illness.
Chicago is the third-largest city in the United States and is the cultural and financial center of the Midwest. The city is home to nearly 3 million people and is known for its architecture, vibrant food scene, and diverse population. Chicago was founded in 1833 and rapidly grew during the 19th century, becoming a major transportation hub thanks to its location on Lake Michigan. The city is also home to many renowned institutions, including the University of Chicago, the Field Museum, and the Art Institute of Chicago. Today, Chicago is a global city with a thriving economy and a rich cultural life. The city is home to several Fortune 500 companies, and is also a major transportation hub, with two international airports and a network of expressways and railways that crisscross the city. From its world-famous museums to its lively neighborhoods, there is something for everyone in Chicago.
The Art Institute of Chicago is one of the oldest and largest art museums in the United States. Founded in 1879, it houses a collection of more than 300,000 works of art spanning 5,000 years of human history. The museum's collections include paintings, sculptures, prints, drawings, photographs, textiles, and architectural models from around the world. In addition to its extensive permanent collection, the Art Institute also mounts temporary exhibitions throughout the year. Located in the heart of downtown Chicago, the Art Institute is one of the city's most popular tourist destinations. More than two million people visit the museum each year.
Photo credit: timeout.com
Navy Pier is a 3,300-foot-long pier on the Chicago shoreline of Lake Michigan. It is located in the Streeterville neighborhood of the city and is one of the most popular tourist destinations in the Midwest. The pier was originally built in 1916 as a cargo facility for the United States Navy, but it was later converted into a public space. Today, Navy Pier is home to a variety of attractions, including an amusement park, a Ferris wheel, museums, restaurants, and theaters. The pier also hosts several special events throughout the year, such as fireworks displays and concerts.
Cloud Gate, also known as "The Bean", is a public sculpture by British artist Anish Kapoor. Located in Chicago's Millennium Park, it is made up of 168 stainless steel plates welded together. The sculpture's unique shape reflects both the sky and the cityscape, and its surface reflects the light in different ways throughout the day. Visitors are welcome to walk around and under the sculpture, and its concave underside provides a perfect view of the skyline. Cloud Gate was unveiled to the public in 2006 and has since become one of Chicago's most iconic landmarks.Did you know that you don’t have to travel to California to find great wine in the west? The Verde Valley is home to some of the state’s top vineyards and tasting rooms, and wine enthusiasts from far and wide will find something to suit their palate on the Verde Valley Wine Trail. With ten stops along the trail, visitors will have a chance to experience the best of Arizona wine all while enjoying the beautiful scenery and rich history.
Founded in 1834, the city of Aurora, Illinois is located in the Fox River Valley about 40 miles west of Chicago. Aurora is home to a diverse range of industries, including high-tech manufacturing, healthcare, and retail. The city also has a thriving arts scene, with several museums and theatre companies.
Photo credit: https://www.aurora-il.org/
Joliet is a city located in Northern Illinois, situated on the Des Plaines River, and is a part of the Chicago metropolitan area. The city has a diverse range of neighborhoods and is home to many historic landmarks. Today, Joliet is known for its strong sense of community and its many annual festivals. The city is also home to several parks, museums, and theaters.
Photo credit: travellens.co
Naperville is a city in DuPage and Will counties in Illinois. Located approximately 32 miles west of Chicago, Naperville is home to several nationally recognized public schools, two institutions of higher education, an array of healthcare facilities, and an active downtown area that serves as the cultural and social center for the city. The city is also home to several museums and historical sites, including Naper Settlement, a living history museum that tells the story of Naperville's founding and early days as a frontier town.
Photo credit: en.wikipedia.org
Cicero, Illinois is a town in Cook County named after the Roman statesman Cicero and is home to many historical landmarks. One of the most notable is the Cicero Public Library. Cicero is also home to several parks, including Laramie Park, which offers residents a place to picnic, hike, and fish. In addition, the town has several restaurants, shops, and other businesses that help to make it a thriving community.
Photo credit: tripadvisor.com
Elgin is a city located in the northern part of Illinois, about 40 miles northwest of Chicago. Elgin is home to many significant businesses and organizations, including the Grand Victoria Casino, the Nationaligunamics plant, and the Elgin Community College. The city also boasts a variety of cultural attractions, such as the Hemmens Cultural Center and the Gail Borden Public Library.
Photo credit: cityofelgin.org
Kenosha, Wisconsin is a city located on the southwest shore of Lake Michigan. Kenosha is known for its manufacturing industry, and it is home to several major companies, including car manufacturer Chrysler and medical device company Snap-on. The city also has a vibrant arts scene, with several museums and galleries.
Photo credit: pinterest.com
Waukegan is a city in Illinois located on the shore of Lake Michigan, about 40 miles north of Chicago. The city is home to several businesses and industries, including a large steel mill and a paper mill. The city also has a thriving arts and culture scene, with several museums and art galleries.