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Peter Newman, CFA®

Feb 18, 20217 min read

Health & Wellness

Health as an Investment

Start simple but be consistent.

Living your Best Life with Heart Disease

Peter Newman, CFA®

Feb 11, 20215 min read

Financial Planning

Living your Best Life with Heart Disease

When a doctor mentions heart disease, you can be jolted from a mindset of uncomplicated living.

5 Things You Can Do To Lower Your Risk of Heart Disease

Peter Newman, CFA®

Feb 4, 20214 min read

Health & Wellness

5 Things You Can Do To Lower Your Risk of Heart Disease

Make it a goal this month to make progress towards improving your heart health.

Peter Newman, CFA®

Jan 28, 20212 min read

Financial Planning

Even the Wealthy Need a Budget

Once you know how much income you have and you compare that with your annual spending, you have three potential outcomes.

Peter Newman, CFA®

Jan 21, 20213 min read

Financial Planning

How To Budget With a Fluctuating Income

If you have fluctuating income, ask your financial planner to help you invest and save for future goals using this strategy.

Peter Newman, CFA®

Jan 14, 20215 min read

Financial Planning

Make Budgeting a Piece of Cake

The most important piece of advice you need to always remember is your income must be equal to or greater than your expenses.

University of Illinois Voluntary Separation: Should I Do It?

Peter Newman, CFA®

Jan 7, 20212 min read

Financial Planning

University of Illinois Voluntary Separation: Should I Do It?

If you need assistance evaluating these financial items, Peak Wealth Planning can guide you through this critical decision.

What are Your Priorities: Where does Your Cash Go?

Peter Newman, CFA®

Jan 7, 20214 min read

Financial Planning

What are Your Priorities: Where does Your Cash Go?

Starting with an important goal in mind will motivate you to tackle your budget.

Peter Newman, CFA®

Dec 31, 20203 min read

Financial Planning

Make Up Your Mind Day

Make your decision and stick to it. Find success by reaching out to experts or really commit to doing your research.

Give in 2020: Feel Good and Save on Taxes

Peter Newman, CFA®

Dec 24, 20204 min read

Tax Saving Tips

Give in 2020: Feel Good and Save on Taxes

“Money spent on others can buy happiness.”

Silver Lining for your IRA: Roth Conversion

Peter Newman, CFA®

Dec 17, 20203 min read

Investment Strategy

Silver Lining for your IRA: Roth Conversion

If your traditional IRA account has declined, converting the account to a Roth now will minimize your tax hit.

'Tis the Season to Reduce Tax Burden (part 2)

Peter Newman, CFA®

Dec 10, 20204 min read

Tax Saving Tips

'Tis the Season to Reduce Tax Burden (part 2)

Pay less taxes through itemizing your deductions. It is like a gift from the U.S. Government.

'Tis the Season to Reduce Tax Burden (part 1)

Peter Newman, CFA®

Dec 3, 20204 min read

Tax Saving Tips

'Tis the Season to Reduce Tax Burden (part 1)

When your itemized deductions exceed the standard deduction, you pay less in taxes and keep more in your pocket.

7 Signs It’s Time To Find A New Financial Advisor

Peter Newman, CFA®

Nov 26, 20206 min read

Financial Planning

7 Signs It’s Time To Find A New Financial Advisor

Determine when the right time is for you to find a new financial advisor.

6 Interview Questions for Your Financial Advisor

Peter Newman, CFA®

Nov 19, 20203 min read

Financial Planning

6 Interview Questions for Your Financial Advisor

What is most important is the advisor brings you peace of mind and confidence in their ability to manage your wealth.

6 Scenarios Where You May Need an Investment Expert

Peter Newman, CFA®

Nov 12, 20204 min read

Financial Planning

6 Scenarios Where You May Need an Investment Expert

Check out these examples where an investment advisor will be able to work with you to identify your best financial moves.

5 Scenarios Where You May Need A Financial Advisor

Peter Newman, CFA®

Nov 5, 20203 min read

Financial Planning

5 Scenarios Where You May Need A Financial Advisor

Save time and boost confidence in your wealth preservation strategy by hiring a financial advisor.

Bulletproof Your Wealth for the Next Generation

Peter Newman, CFA®

Oct 29, 20205 min read

Financial Planning

Bulletproof Your Wealth for the Next Generation

Work with your financial advisor and estate planning attorney to set up your retirement plan and life insurance beneficiaries properly.

Peter Newman, CFA®

Oct 22, 20204 min read

Financial Planning

Mortgage Debt has a Purpose

Sometimes it’s a financial mistake to pay off the mortgage on your primary residence. Other times, it makes perfect sense. Let me explain.

One Stock Made You Rich? Preserve Wealth by Diversifying

Peter Newman, CFA®

Oct 15, 20205 min read

Financial Planning

One Stock Made You Rich? Preserve Wealth by Diversifying

Should you leave your wealth concentrated in the single stock that made you rich? The general answer is No. Let me explain.

Thinking of withdrawing your 401K? Don’t.

Peter Newman, CFA®

Oct 8, 20207 min read

Financial Planning

Thinking of withdrawing your 401K? Don’t.

Withdrawing from your 401k should be a last resort.

I’m leaving the University of Illinois. Should I cash in my pension?

Peter Newman, CFA®

Oct 1, 20206 min read

Financial Planning

I’m leaving the University of Illinois. Should I cash in my pension?

The answer depends on your service credits, the type of pension plan, and if you’ll have future employment opportunities within the system.

New to SURS? Selecting the Right Retirement Plan for Illinois University Employees

Peter Newman, CFA®

Sep 24, 20205 min read

Financial Planning

New to SURS? Selecting the Right Retirement Plan for Illinois University Employees

As an employee at a state of Illinois public universities, you are entitled to participate in 1 of 3 SURS retirement plans.

Big Changes to SURS Self Managed Plan (and What it Means for You)

Peter Newman, CFA®

Sep 17, 20204 min read

Financial Planning

Big Changes to SURS Self Managed Plan (and What it Means for You)

What are the pros/cons of the new Retirement Savings Plan? What is the Secure Income Portfolio? How can I forecast my retirement income?

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