Blog

What’s on our mind? You can read about it in our blog. Whether it’s ideas from the industry or emerging trends, you can read about it here. And once in a while, we may throw in a movie review or some other surprise. So keep checking in. We’re glad to have you reading along.

Tuesday, September 8, 2020

Refocusing Your Financial Goals What is your goal, and is it realistic? When setting goals make sure the are attainable, otherwise you will fill defeated and possibly abandoned your planning and goals. Credit Cards- Pay them off as...

Tuesday, September 1, 2020

2020 has been a wild ride! There have been so many changes to our NORMAL daily lives and a lot of people are stepping back and re-focusing on what is important in their lives. One trend that has come from the Corona Virus Pandemic is...

Tuesday, August 25, 2020

Wrapping up with our education theme this month I would like to discuss how Troxell Financial can help alleviate some stress as it relates to planning for your child’s college education. The average annual increase of college...

Tuesday, August 18, 2020

Some people are torn on whether they should reduce retirement savings to save for their children's college. Here are 7 reasons why retirement should be your first priority. Pay yourself first! Ensure you have properly funded an...

Tuesday, August 11, 2020

I want to talk about how parents and children can help one another during this stressful and confusing time of return to school. With all the decisions on what to do and how you are going to do it are real life stressors most of the...

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Tuesday, August 4, 2020

Most families with kids today are talking about next year’s education and how this will be handled with a pandemic. Even before COVID, there was a burgeoning debt problem in the US and centered squarely on the backs of our...

Monday, July 27, 2020

Life insurance is a common source of estate liquidity because it provides a large amount of cash at the decedent’s death. So, what exactly is an Irrevocable Life Insurance Trust, commonly referred to as an ILIT, and how does it...

Tuesday, May 26, 2020

Let's discuss the Illinois Invest in Kids Act and the benefits of making a charitable investment in kids through a scholarship granting organization (SGO) like Empower IL. The Invest in Kids Tax Credit Scholarship Program currently...

Wednesday, May 20, 2020

Planning for your Child with Special Needs Planning for you children’s future is something no parent wants to think about, their child living without them. This type of planning becomes especially concerning when a parent has a...