James Sylvanus Northwestern Mutual

01/15/2025

We’re so excited to share some incredible news! For the THIRD year in a row, NFG Financial has been ranked #80 in Illinois on the Forbes Best-in-State Wealth Management Teams list. This recognition wouldn’t be possible without our amazing team and the trust of our incredible clients. Thank you for allowing us to be a part of your journey—we’re just getting started!

11/02/2024

Top 4 Reasons People Have Not Meant With a Financial Advisor:

Cost Concerns: Many individuals believe that hiring a financial advisor is too expensive, fearing that fees will eat into their savings.

- Meeting is FREE! Recommendations are made after careful review of finances and budget to make sure all recommendations are sustainable as part of a long term financial plan.

Lack of Knowledge: Some people feel intimidated or overwhelmed by financial jargon and concepts, leading them to avoid seeking help.

- I was there at one time too! Having multiple conversations to help my clients get a full understanding of the plan and recommendations is something I pride myself in!

Procrastination: Many Americans put off financial planning due to busy lifestyles, thinking they’ll get to it later or feeling that it’s not urgent.

- No matter the age of clients / prospects that I have meant with they all say the same thing. We wish we would have started earlier. Its not as time consuming has some people think. We have an amazing team that makes the planning process efficient for both Clients and Advisors.

Trust Issues: Some individuals may distrust financial advisors due to past experiences, negative perceptions of the industry, or concerns about potential conflicts of interest.

- Confidentially is key with all conversations I have. With so many clients locally (McHenry, Johnsburg), outside a personal introduction all clients are kept in house.

11/01/2024

Feel-Good Friday: Spotlight on Citizens For a United Johnsburg Candidates.

Did you know that the Trustee Candidates from Citizens for a United Johnsburg have collectively donated or raised over $80,000 this year alone? These funds are dedicated to supporting local families, businesses, and various organizations throughout Johnsburg. This impressive achievement reflects their commitment to making a meaningful difference in our community!

11/01/2024

Do any of these apply to you?

Abandonment Rate: About 30% of Americans have left a 401(k) with a former employer, often referred to as "lost" or "abandoned" accounts.

Average Balance: The average balance of a forgotten 401(k) account is approximately $55,000, according to various studies.

Inactivity: Around 50% of individuals with old retirement accounts have not made contributions or changes in over two years.

Rollover Trends: Only about 20% of people who change jobs roll over their 401(k) to an IRA or a new employer's plan.

Penalties for Inactivity: Account holders may face penalties or fees for maintaining old 401(k) accounts, as many plans charge fees after a certain period of inactivity.

Lost Accounts: The National Association of Unclaimed Property Administrators estimates there are over $7 billion in lost retirement accounts.

Awareness: A survey found that nearly 60% of Americans are unaware of the implications of leaving their 401(k) with a former employer.

IRAs: Approximately 25% of all IRA accounts are held by individuals who have not made a contribution in the last five years.

Financial Impact: Forgetting about old retirement accounts can lead to a significant loss in potential growth, costing individuals thousands in retirement savings.

Consolidation Preference: About 70% of financial advisors recommend consolidating old retirement accounts into a single IRA to simplify management and enhance growth potential.

Lets Talk!
Schedule a Meeting Below:
https://shorturl.at/hRAy

10/31/2024

Accurate?

10/30/2024

Are you ready to retire?

Part of our planning process is to determine if you can retire comfortably based on YOUR desired retirement age and income / lifestyle!

Questions?
Lets Talk!
Schedule a meeting below:
https://shorturl.at/hRAym

08/06/2024

Please continue to Like and Share this post as Alex will need to be in the hospital for a minimum of 10 weeks, between surgeries, recovery, and rehab. The expenses even pre medical are piling up, and every little bit helps. I have increased the goal to $25k for the GoFundMe. Please see the link below and consider a donation / contribution to the GoFundMe.

https://gofund.me/94741043

Update #1:

The team of Dr's are
impressed how tough he is after everything. it'll be a long road but after 2 days he's better than they thought.
All good news

Update #2:
Update on Alex... He's getting stronger and stronger every day. he's made a lot of progress in the past few days. He can move his arms and legs, his eyes are good, lungs are good. He's breathing on his own now and they are taking the breathing tube out shortly. All the Dr's and nurses are amazed at how well he's recovering in a short amount of time. He's on a very low dose of a sedative because of how well he's recovering and to see how he acts when he wakes up. Hopefully he opens his eyes today, that's the goal right now.

On Wednesday July 31st @ 9:50am Alex Moscrip a young student (7 years old) in the Johnsbur… JD Sylvanus needs your support for Support Alex's Road to Recovery

08/02/2024

One of our young community members was the child hit by a car on Wednesday in Pistakee Highlands. Alex and his family have been through a lot the last couple of days, with a very long road to recovery ahead of them. There is a GoFundMe all set up and linked below that shares more information on how he is doing. Please if you have the chance and the means to donate the family would appreciate it. Also remember to leave some strong words of encouragement for Alex as he continues to recover.

**Note I was the one who set up the GoFundME. That statement is not to take credit, but unfortunately sometimes less ethical people set these up as scams.

Please reach out if you have any questions for me!

https://gofund.me/e33aab33

I wanted to share with you that we're raising funds to help young Alex , who was seriously injured in a bike accident and has a long recovery ahead. Every donation makes a huge difference for his family, so please click the link below to donate or share the link to spread the word.

**LIKE COMMENT SHARE SHARE SHARE**

On Wednesday July 31st @ 9:50am Alex Moscrip a young student (7 years old) in the Johnsbur… JD Sylvanus needs your support for Support Alex's Road to Recovery

04/19/2024

10/27/2022

New research shows about 25% of Americans surveyed plan to have a baby in the next two years. 👶

If growing your family is one of your big upcoming life goals, let’s talk about how to get you ready financially.

Having a baby is a good time to consider updates to your financial plan, including life insurance for new parents.

10/21/2022

57% of people in the 2022 Northwestern Mutual Great Realization survey cited finances as a top roadblock to reaching big life goals.

If you’re not sure what next steps to take to make progress, let’s have a conversation.

If you haven’t been able to build financial habits that work for your personality type, Gretchen Rubin offers advice based on her Four Tendencies framework.