Professional Wealth Advisors, LLC

09/07/2026

Today, we celebrate the dedication, determination, and contributions of the American workforce. From strengthening our communities to helping move our nation forward, hard work makes a difference.

To all the hardworking individuals who show up, give their best, and make a difference every day—we see you, we appreciate you, and we thank you. ❤️🤍🩵

Wishing everyone a safe, restful, and well-deserved Labor Day!

09/01/2026

For many Gen Xers, retirement is starting to feel less like a distant milestone and more like a looming financial reality.

The oldest members of the generation will turn 62 next year, the earliest age to claim Social Security. At the same time, many are approaching retirement with limited savings and fewer pensions than previous generations had.

The median Gen X retirement savings balance is about $107,000, while members of the generation estimate they’ll need roughly $700,000 for retirement. Social Security may also become an increasingly important source of income, with 41% of workers over 55 saying they expect it to be their primary source in retirement.

That gap is prompting some Gen Xers to rethink when they’ll stop working, how much they may need to save, and what retirement could realistically look like.

If retirement is getting closer, this may be a good time to review your savings, expected Social Security benefits, and other sources of retirement income.



Source:

Millions of Generation X Americans expect to depend on Social Security as their main — or only — source of retirement income.

08/28/2026

✏️📚 Starting the school year with a little extra support!

As part of our August charitable initiative, the PWA team collected school supplies to support the Hoffman Estates Chamber of Commerce & Industry “Tools for Success” Annual School Supply Drive, benefiting students in School District 54.

We’re grateful to our team for helping students head back to the classroom ready to learn and succeed! 🎒💙

08/20/2026

Congratulations to Lisa Atwood on being named our GOAT (Greatest of All Time) Award winner for the Quarter! 🏆🎉

This award is all about recognizing the teammate who truly stands out — and your peers have spoken!

Keep being GOAT-worthy! 🐐👏

#𝗘𝗺𝗽𝗹𝗼𝘆𝗲𝗲𝗥𝗲𝗰𝗼𝗴𝗻𝗶𝘁𝗶𝗼𝗻

08/18/2026

What is it about August?

08/10/2026

Our favorite part of Bring Your Kids to Work Day? Teaching the next generation the value of giving back. 👧🧒

As part of our July Charity of the Month, our team—and their amazing kids—came together to assemble 400 snack kits for families staying at Ronald McDonald House Charities.

It was a fun, hands-on experience that showed how even small acts of kindness can make a meaningful difference. Watching our youngest volunteers work together with such enthusiasm was a reminder that generosity starts early. 🧡🫶

Thank you to everyone who helped make this day so special. We're proud to build a culture where giving back is a family affair.

08/05/2026

Professional Wealth Advisors believes that making a difference extends beyond the work we do every day.💗🤗

Each month, we select a Charity of the Month to support organizations making a meaningful impact in our communities.

In July, we were honored to partner with Ronald McDonald House Charities and support the incredible work they do for families during some of life's most challenging moments.🫶🫶

Giving back is more than an initiative—it's part of our culture. We're grateful for the opportunity to support organizations that provide comfort, care, and hope to those who need it most.

Here's to continuing to invest in our communities and making a positive impact, one month at a time.💙💚

07/31/2026

That's a wrap on another great summer internship program! ☀️🙌

A huge thank you to Frankie Iarrobino, Owen Stahl, and Alex Hartmann for spending the past 9 weeks with us at PWA. Throughout the summer, they had the opportunity to learn from teams across our firm, gain hands-on experience, and contribute to a variety of projects—and they exceeded our expectations every step of the way.

We're grateful for their hard work, positive attitudes, and eagerness to learn. It has been a pleasure watching them grow throughout the summer, and we're proud to have been a small part of their journey.

Best of luck as you head back to school this fall! We know you all have bright futures ahead, and we look forward to seeing where your careers take you.

Thank you for an amazing summer, Frankie, Owen, and Alex! 👏

07/28/2026

The Common Cents Act has passed the House and now moves to the Senate for consideration.

The bill is tied to the phase-out of the penny and would create a national rounding standard for cash transactions.

Under the proposal, cash purchases would be rounded up or down to the nearest five cents when exact change is not available.

For example, a purchase totaling $10.02 would round down to $10.00, while a purchase totaling $10.04 would round up to $10.05.

Pennies would still retain their value under the act, even as the Treasury stopped minting them.

The bill is especially relevant for businesses that handle cash, including restaurants and retailers, because it could reduce confusion and legal risk around exact change.

For consumers and businesses, the broader takeaway is that even small changes in currency rules can affect daily transactions, checkout systems, and cash-handling practices.



Source:

New law aims to address how businesses and consumers should transact amid the phase-out of the penny.

07/22/2026

Federal Reserve officials were divided on where interest rates could go next, according to minutes from the June meeting.

At that meeting, the Fed voted unanimously to keep its benchmark interest rate in the 3.5% to 3.75% range.

The minutes show that some officials saw a case for lower rates if inflation eases, while others saw a case for higher rates if price pressures remain elevated.

Inflation was a major part of the discussion. Officials noted that tariffs, energy prices, and supply disruptions tied to the Strait of Hormuz could keep inflation elevated in the near term.

They also discussed how demand for artificial intelligence infrastructure could put upward pressure on prices for technology products and electricity.

For households and businesses, the broader takeaway is that interest rate decisions remain closely tied to incoming economic data. Inflation, energy costs, employment, and market conditions can all influence how policymakers approach future rate moves.


Source: https://lnkd.in/e4NDYWjc