See All Authors »

Mike Piershale, ChFC

President
Piershale Financial Group

Mike Piershale, ChFC, is president of Piershale Financial Group, a wealth management firm in Barrington, Illinois. With more than 30 years of experience, Mike has extensive knowledge in key areas of financial planning and works with clients on retirement and estate planning, portfolio management and insurance needs. In addition, his widespread knowledge on tax planning allows him to highlight opportunities for maximizing tax reduction strategies.

Phone: 815.455.6453
http://www.piershalefinancial.com/
https://www.facebook.com/PiershaleFinancial/

Latest Features

Building Wealth
September 2018

Caring for Your Aging Parents: How to Prepare

The time to get ready is well before the time comes. Here's how to approach some important talks and what you need to cover.

See More From: Building Wealth

Building Wealth
July 2018

Is Downsizing in Retirement Right for You?

A smaller home, with fewer possessions to weigh you down and lower bills to boot: What's not to like? For many folks, downsizing makes a lot of sense, but there are a few points to consider.

See More From: Building Wealth

Building Wealth
May 2018

Avoiding the 50% Penalty on Overlooked RMDs

You're busy enjoying retirement and you just plain forget to take your required minimum distribution. Or you do the math wrong. It could be a costly mistake. Here's how to fix it.

See More From: Building Wealth

Building Wealth
March 2018

Senior Marriage and Social Security: Rules to Know

Romance aside, you may want to delay your wedding date (or divorce, if that's the case) to get the best Social Security benefit possible.

See More From: Building Wealth

Building Wealth
December 2017

3 Ways to Make Money in Company Stock

If your company offers you the opportunity to invest in its stock, it could come with some significant tax benefits and growth prospects.

See More From: Building Wealth

Building Wealth
October 2017

A Healthy Way to Increase Your Retirement Savings: HSAs

If you don't like paying taxes, health savings accounts could be a way to save for your health costs… and for retirement, too.

See More From: Building Wealth

Building Wealth
July 2017

A ‘Simple’ Idea to Save on Taxes

For small-business owners (and their employees) SIMPLE IRAs can be a slam-dunk at tax time.

See More From: Building Wealth

Building Wealth
May 2017

Can You Cut Taxes You Pay on Your Social Security?

If you have a moderate or low income but earn a lot in interest and dividends from investments that you don't need for living expenses, here is one way you may be able to lower your tax bill.

See More From: Building Wealth

Building Wealth
March 2017

Stay-At-Home Parents Can Still Qualify For Social Security Benefits

Just because you don't bring home a paycheck doesn't mean you're not working. You can get a Social Security check just like any other worker. Here's how.

See More From: Building Wealth

Building Wealth
February 2017

How to Save Big on Taxes in ‘The Goldilocks Zone’

The five-year period from age 65 to 70 offers a unique opportunity for many to potentially save tens of thousands through Roth IRA conversions.

See More From: Building Wealth

Building Wealth
December 2016

One of the Best Ways to Give to Charity

Donate stocks instead of cash to maximize your contribution, as well as your tax savings.

See More From: Building Wealth

Building Wealth
October 2016

Should You Sell Some Stock Holdings This Election Season?

Financial adviser Mike Piershale sees market losses coming and recommends you consider paring back.

See More From: Building Wealth

Building Wealth
July 2016

6 Costly Retirement Planning Mistakes

Be sure to avoid these common errors.

See More From: Building Wealth

Building Wealth
May 2016

Financial Bliss for Newlyweds

Talking about money might not be the most romantic activity, but it can help ensure your marriage lasts happily for as long as you both shall live.

See More From: Building Wealth

Building Wealth
April 2016

13 Ways to Spring Clean Your Finances

Now is a good time to get your financial house in order and find ways to save on taxes.

See More From: Building Wealth