Blooming Tree Wealth Management

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10 Truths No Matter Who Wins: Investments and the Election; Attend our Workshop

There is nothing permanent except change. Change is scary, and an election is upon us, meaning change is imminent. Regardless of who you are voting for in November (11/3), the outcome is going to affect us all. But what impact will the president have on your investments, and to what degree?There are positives to take away from either scenario we are facing in terms of your future and the future standing of your retirement account. While we all have thoughts on how p
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Nearing Retirement? Free Workshop on How to Tiptoe Through the Medicare Minefiel

Nothing in life is free, including Medicare. Not only do you pay for it with your taxes throughout your professional career, you will also have out of pocket health care expenses in retirement. On average, retirees spend from $6,000 - $8,000 annually even with Medicare. Spread out over a 25-30-year retirement, you could end up spending $250,000 on health-related expenses alone.The thought that Medicare is free is just one of many “mines” you can run into when navigating the Medicare
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Nearing Retirement and Facing Change? Avoid This Huge Mistake – Sequence of Retu

Change can be challenging to navigate, especially when you have specific goals that are impacted by that change. When your employer merges with a competitor several years before your planned retirement, change is inevitable. How you react to that change will determine your future. Learn more in this article that explains sequence of return risk.
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BroMenn Employee Retirement Planning Virtual Workshop August 6! Join Us!

Facing a merger while nearing retirement? Join us on August 6 for a virtual workshop that will cover what you need to know to retire the way you want!
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“Financial Planning in Transition” Free Workshop for Advocate BroMenn Employees

When big changes happen in your life, it’s time to review your goals and ensure that your current path is aligned with what you want your future to be. With the news of a merger with Carle health system, Advocate BroMenn employees find themselves in a period of change and uncertainty.  To help guide you through this transition, Blooming Tree Wealth Management Founder Ryan O’Connell, in conjunction with the Community Health Care Clinic, will host a free “Financial Plan
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Market Update from Ryan O’Connell of Blooming Tree Wealth Management

The market is down during the current COVID-19 pandemic. The market has responded to the unknown and uncertainty of our current situation. Are the losses in the stock market justified? At this point, it's hard to tell. We do not know how this pandemic will impact companies' earnings. Uncertainty causes fear...
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Creating Retirement Streams of Income: What You Need to Know

Take a second to picture what you want retirement to look like. Are you sipping a margarita at the beach? Relaxing at a new home in Florida? Taking trips to visit your grandchildren? Traveling around the world?Whatever it is you want to do to get the most out of retirement, income is going to be an important part of it. By building streams of income, you can protect yourself against fluctuations in benefits, inflation, the stock market, and other uncertainties. Retirement Income Streams: What an
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Your Retirement Planning Guide: When and How to Start Planning

Retirement, sooner or later, is coming. Are you prepared? You deserve to retire happy, healthy, and wealthy enough to live out the rest of your life the way you want to. You also deserve to rest assured that your financial future is in good hands. In this short guide, we will cover misconceptions, when you should start planning for retirement, what to do if you're starting late, how to get started planning for retirement, and more.
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