Tony Drake, CFP®, Investment Advisor Representative
Founder & CEO, Drake and Associates
Tony Drake is a CERTIFIED FINANCIAL PLANNER™and the founder and CEO of Drake & Associates in Waukesha, Wis. Tony is an Investment Adviser Representative and has helped clients prepare for retirement for more than a decade. He specializes in asset preservation, retirement planning and tax strategies. Tony hosts The Retirement Ready Show on WTMJ Radio each week and is featured regularly on TV stations in Milwaukee. Tony has been quoted in several national publications, including Forbes, The Wall Street Journal, USA Today, US News & World Report and Buzzfeed.
Tony is passionate about building strong relationships with his clients so he can help them build a strong plan for their retirement. He trains and mentors other advisers around the country, conducts educational seminars and regularly speaks at national conferences, including a recent talk at the NASDAQ exchange.
Phone: 414.409.7226 | E-mail: tony.drake@drakeandassociates.net | Website: https://wealthwisconsin.com | Facebook: https://www.facebook.com/Drakeandassociates | LinkedIn: https://www.linkedin.com/in/tony-drake-cfp/
Education is Key: 3 Financial Lessons for Retirees Nearing Retirement
retirement planning
Education is Key: 3 Financial Lessons for Retirees Nearing Retirement
When it comes to retirement planning, educating yourself can keep you from making big mistakes. Here are three key lessons that everyone preparing for…
May 24, 2022
3 Strategies to Help You Plan a Successful Semi-Retirement
retirement
3 Strategies to Help You Plan a Successful Semi-Retirement
If you’re ready to retire but don’t want to leave the workforce entirely, semi-retirement might be a good option for you. Before you take the leap, th…
April 21, 2022
Inflation Continues to Rise: How to Navigate the Uncertainty
retirement
Inflation Continues to Rise: How to Navigate the Uncertainty
Inflation is at a 40-year high. For those nearing or in retirement, it could pack a painful punch, but there are things you can do now to address infl…
March 9, 2022
The 4 Phases of Retirement
retirement
The 4 Phases of Retirement
Retirement means more than no longer working 9 to 5. There are four phases of retirement, and you should be prepared for each one.
January 24, 2022
The Big Financial Stories of 2021 and What to Expect in 2022
retirement planning
The Big Financial Stories of 2021 and What to Expect in 2022
There were a lot of big financial stories in 2021, especially as the economy tried to rebound amid the pandemic. As we head into the new year, there a…
December 31, 2021
3 Questions to Ask Before You Take a Pension
retirement planning
3 Questions to Ask Before You Take a Pension
As retirement approaches and you must decide whether to take pension payments or a lump sum, the first very important question to ask is this: How saf…
December 12, 2021
Estate Planning During a Pandemic – Quit Stalling
estate planning
Estate Planning During a Pandemic – Quit Stalling
The COVID-19 pandemic isn’t going away anytime soon. This global health crisis has proved especially dangerous for older Americans, a stark reminder t…
October 31, 2021
Is a Target Date Fund Right for You?
investing
Is a Target Date Fund Right for You?
You're busy, and poring over investments is a pain. Wouldn't a target date fund be easier? Take a look at their pros and cons to see if incorporating …
September 14, 2021
How to Prepare for Early Retirement
retirement planning
How to Prepare for Early Retirement
COVID-19 has forced us to look closely at many areas of our life, including our plan for retirement. As this pandemic continues with new variants of t…
August 15, 2021
Taking Stock of Your Finances at the Halfway Point of 2021
retirement planning
Taking Stock of Your Finances at the Halfway Point of 2021
Believe it or not, we’re more than halfway through 2021. It’s the perfect time to revisit your financial goals. Are you on track?
July 12, 2021
Scam Alert: 4 Types of Fraud That Target the Elderly (and How to Beat Them)
Scams
Scam Alert: 4 Types of Fraud That Target the Elderly (and How to Beat Them)
Scams target people of all ages, but the most vulnerable tend to be older adults — and the money they lose can have a big impact on their retirement. …
June 10, 2021
3 Money ‘Musts’ for Every One of Us, Inspired by Financial Literacy Month
personal finance
3 Money ‘Musts’ for Every One of Us, Inspired by Financial Literacy Month
Now more than ever, those preparing for retirement need to understand their finances and the impact their decisions have on their financial future. He…
April 27, 2021
Turning 60? Ask Yourself These 4 Important Questions
retirement planning
Turning 60? Ask Yourself These 4 Important Questions
Retirement is an exciting milestone, and planning becomes even more crucial once you get within a few years of saying goodbye to your career. As we tu…
April 2, 2021
5 Strategies for Tax Planning Now and in Retirement
tax planning
5 Strategies for Tax Planning Now and in Retirement
Tax planning is one of the best things you can do to keep more money in your pocket in retirement. There are specific things to consider when planning…
February 18, 2021
How to Address Retirees’ No. 1 Concern
retirement planning
How to Address Retirees’ No. 1 Concern
It’s a top worry for people nearing retirement: the fear of running out of money. By preparing for retirement with an income plan, you can feel confid…
January 27, 2021
Mark Your Calendar: 6 Birthdays to Know for Retirement
retirement planning
Mark Your Calendar: 6 Birthdays to Know for Retirement
There are important milestone ages to note before and throughout retirement. Mark these birthdays on your calendar to boost your retirement income and…
December 25, 2020
Money Can’t Buy Happiness: 4 Secrets to a Happy Retirement
happy retirement
Money Can’t Buy Happiness: 4 Secrets to a Happy Retirement
You know the saying: Money can’t buy happiness. While that may be true, there is one thing you can do financially to impact your happiness in retireme…
December 7, 2020
Election 2020: 3 Things Retirees Should Pay Attention To
retirement planning
Election 2020: 3 Things Retirees Should Pay Attention To
When it comes to your money in retirement, here are three main issues that seniors should pay attention to before they cast their votes in the 2020 pr…
October 21, 2020
What You Need to Know about Social Security in a Pandemic and Recession
social security
What You Need to Know about Social Security in a Pandemic and Recession
Social Security benefits play an important role in retirement security, and they are being impacted by current events in several ways.
October 13, 2020
4 Ways to Get Your Retirement Plan Back on Track
retirement planning
4 Ways to Get Your Retirement Plan Back on Track
When it comes to our finances, 2020 has been a year marked by stock market volatility and our current recession. If you’re in a bad spot financially, …
August 25, 2020
3 Ways to Save on Your Tax Bill Going Forward
taxes
3 Ways to Save on Your Tax Bill Going Forward
The tax deadline was July 15 this year, and if you found yourself paying the IRS more than you’d like, it’s time to focus on tax planning. There are m…
July 27, 2020
Did You Know You Can Start, Stop and Then Restart Social Security?
social security
Did You Know You Can Start, Stop and Then Restart Social Security?
Check out Social Security claiming strategies (some familiar and others you may never have heard of) that could help those in or near retirement durin…
June 29, 2020
3 Steps to Take If You're Laid Off Before Retirement
Making Your Money Last
3 Steps to Take If You're Laid Off Before Retirement
The unemployment rate in the U.S. is at a record high. More people are finding themselves out of work, and some may be nearing retirement. If you're l…
June 2, 2020
Spending Your Stimulus Check? Pay Yourself First
Making Your Money Last
Spending Your Stimulus Check? Pay Yourself First
Stimulus checks are hitting bank accounts, and many people already have plans for their money. But before you start spending, first take a closer look…
April 29, 2020
Coronavirus and Your Retirement Savings: Answering Important Questions
retirement
Coronavirus and Your Retirement Savings: Answering Important Questions
There's a lot going on, and investors and retirement savers could use all the guidance they can get.
March 23, 2020
How to Leave a Legacy After the SECURE Act
retirement
How to Leave a Legacy After the SECURE Act
With the death of "stretch IRAs" comes a new era of estate planning. Many people's plans need some serious tweaks.
February 24, 2020
Avoid These 4 Mistakes That Often Derail Retirement Plans
retirement
Avoid These 4 Mistakes That Often Derail Retirement Plans
You're chugging along with your savings goals, but are you really doing everything right? See if you're at risk for getting off track due to four all-…
January 29, 2020