Retirement Planning in Burr Ridge, IL

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Top Retirement Planners in Burr Ridge, IL

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Bryant Taylor CFP®, ChFC® Unique Wealth Strategies
Location 570 Village Center Dr, Burr Ridge, IL 60527, USA
Phone (630) 621-2079
Directions
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Comprehensive Planning Services
Location 571 83rd St, Burr Ridge, IL 60527, USA
Phone (630) 655-0597
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Barone Lori M
Location 7630 S County Line Rd, Burr Ridge, IL 60527, USA
Phone (630) 908-7733
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Burr Ridge Senior Living
4 out of 5
Location 16W301 91st St, Burr Ridge, IL 60527, USA
Phone (630) 560-6110
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Burr Ridge Financial
Location 817 Lakeview Ln, Burr Ridge, IL 60527, USA
Phone (630) 655-3132
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Burr Ridge Financial Planning
Location 115 E 1st St # 1B, Hinsdale, IL 60521, USA
Phone (630) 655-3030
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Fox Financial Group Ltd
Location 7211 Giddings Ave, Burr Ridge, IL 60527, USA
Phone (630) 654-1976
Directions
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Frank N Szafranski - Private Wealth Advisor, Ameriprise Financial Services, LLC
SEC File# 801-28543
CRD# 6363
Location 375 83rd St, Burr Ridge, IL 60527, USA
Phone (630) 455-6090
Directions
Retirement Planning in Burr Ridge, IL

About Burr Ridge, IL for Those Planning to Retire

Burr Ridge, IL is a vibrant and bustling city located in the western suburbs of Chicago. It is home to many unique landmarks such as the beautiful Burr Ridge Village Center, a premier shopping and dining destination, and the historic Graue Mill and Museum, which showcases the rich history of the area. The top employers in Burr Ridge include CNH Industrial, a global leader in the manufacturing of agricultural and construction equipment, and Harvester Place, a senior living community. The city is conveniently located near major highways such as I-55 and I-294, as well as major streets like County Line Road and Burr Ridge Parkway. Burr Ridge is also known for its beautiful neighborhoods, including the upscale Highland Fields and the cozy Burr Ridge Club. With its prime location, rich history, and top employers, Burr Ridge is a city that truly has it all.

Other Financial Planning Services for Retirement

Banks and Credit Unions

Residents of Burr Ridge, IL can benefit from a bank in several ways. One of the most common ways is through mortgage lending. Burr Ridge is a wealthy suburb of Chicago, known for its luxurious homes and high-end lifestyle. A bank can help residents secure a mortgage for their dream home, whether it's a sprawling estate or a cozy townhouse. With the help of a bank, residents can also make investments, save for retirement, and plan for their financial future. Additionally, a bank can provide Burr Ridge residents with access to credit cards and other financial products that can help them manage their day-to-day expenses. Overall, a bank is an essential resource for the residents of Burr Ridge, providing them with the financial tools and services they need to thrive in this affluent community.

Insurance Broker

Residents of Burr Ridge, IL can benefit from the services of an insurance broker in many ways. One specific example is the broker's ability to help navigate the unique challenges of living in a suburb that straddles two counties. With parts of the village located in both DuPage and Cook counties, residents may need to navigate different insurance regulations and requirements depending on their exact location. An insurance broker can help residents understand these nuances and find the best coverage options for their specific needs. Additionally, brokers can assist with finding affordable insurance plans, negotiating with insurance companies, and providing expert advice on complex insurance issues. Overall, the services of an insurance broker can be invaluable for residents of Burr Ridge, IL looking to protect themselves and their families from unforeseen events.

Wealth Management

Residents of Burr Ridge, IL can benefit from the services of a wealth manager in numerous ways. One of the most common ways is by helping them manage their finances and investments. With the town's affluent population, a wealth manager can assist in creating a comprehensive financial plan that takes into account their unique circumstances. Additionally, a wealth manager can provide guidance on tax planning, estate planning, and retirement planning. The complex tax laws of Illinois and the United States can be overwhelming for many individuals, but a wealth manager can help navigate through them. Furthermore, a wealth manager can help residents of Burr Ridge, IL make informed investment decisions by conducting thorough research and analysis. With the town's proximity to Chicago, a wealth manager can also provide access to investment opportunities not available to the general public. Overall, a wealth manager can provide invaluable assistance to residents of Burr Ridge, IL in achieving their financial goals.

Financial Advisor

Residents of Burr Ridge, IL can benefit from the expertise of a financial advisor in several ways. One of the most common ways is through retirement planning. With a median age of 47, Burr Ridge residents are approaching retirement age and need to ensure they have enough saved to maintain their lifestyle. A financial advisor can help them create a comprehensive retirement plan that includes investment strategies, tax planning, and risk management. Another area where a financial advisor can help is in estate planning. Burr Ridge is a wealthy community with a median household income of $141,000. A financial advisor can help residents create a plan for passing on their wealth to their heirs while minimizing taxes and ensuring their wishes are carried out. Additionally, a financial advisor can provide guidance on college savings plans, insurance options, and debt management. With so many financial decisions to make, a financial advisor can help Burr Ridge residents navigate the complexities of personal finance and make informed choices that align with their goals and values.

Mortgage Loan Officer

Residents of Burr Ridge, IL could benefit from the expertise of a mortgage loan officer in a variety of ways. For instance, Burr Ridge is a suburb of Chicago with a median home value of $844,000, which is significantly higher than the national average. As a result, residents may need assistance navigating the complexities of securing a mortgage for such a high-value property. A mortgage loan officer can help residents understand the different types of mortgages available to them, such as fixed-rate or adjustable-rate mortgages, and guide them through the application and approval process. Additionally, a mortgage loan officer can help residents assess their financial situation and determine how much they can realistically afford to borrow, taking into account factors such as their income, credit score, and debt-to-income ratio. With the help of a mortgage loan officer, residents of Burr Ridge can make informed decisions about their home financing options and ultimately achieve their dream of homeownership.

Tax Services

Residents of Burr Ridge, IL can benefit from the assistance of a tax advisor in a multitude of ways. One specific area of concern for Burr Ridge residents is the complex tax laws surrounding the sale of luxury homes. A tax advisor can help navigate the intricacies of capital gains taxes and deductions related to the sale of these high-value properties. Additionally, the affluent community of Burr Ridge may have unique investment portfolios and estate planning needs that require specialized tax knowledge. A tax advisor can provide guidance on minimizing tax liabilities and maximizing returns on investments. With the ever-changing tax laws and regulations, it is crucial for Burr Ridge residents to have a knowledgeable and experienced tax advisor on their side to ensure compliance and avoid costly mistakes.

Estate Planning Lawyer

Residents of Burr Ridge, IL can benefit greatly from the services of an estate planning lawyer. One of the most common ways that an estate planning lawyer can help Burr Ridge residents is by creating a comprehensive estate plan that includes a will, trusts, and powers of attorney. This is especially important in Burr Ridge, which is known for its affluent population and high property values. An estate planning lawyer can help residents ensure that their assets are distributed according to their wishes and that their loved ones are protected in the event of their incapacity or death. Additionally, an estate planning lawyer can assist with tax planning, minimizing estate taxes and maximizing the value of the estate for beneficiaries. In a community like Burr Ridge, where many residents have complex financial portfolios and multiple properties, the expertise of an estate planning lawyer can be invaluable.

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