Thornwood Financial

Over the years, Mark Huber has shown that leadership potentially involves setting goals, following through, and creating an environment where others can make confident decisions. At Thornwood Financial, this approach is reflected in the way we handle financial planning, decision-making, and client relationships. Whether it is navigating complex financial strategies or maintaining accountability within the team, leadership plays a role in every aspect of the work we do. Financial decisions, like leadership might also involve planning, awareness of all investment considerations, and an understanding of long-term objectives. How do you define leadership? #ThornwoodFinancial #Leadership #Integrity #Accountability #FinancialPlanning #DecisionMaking #StrategicApproach #WealthManagement #TeamSuccess #Guidance #Trust #ProfessionalGrowth #FinancialDecisions #LongTermPlanning #BusinessLeadership

#CaseStudy – How Thornwood Financial Helped an Investor Navigate a 1031 Exchange An investor planned to use a 1031 exchange to potentially defer capital gains taxes but encountered unexpected challenges. Without a confident approach, the transaction became more complex than anticipated. The Challenges: ? The investor was unable to find a suitable replacement property within the 45-day window. ? Managing funding took longer than expected that might put the exchange at risk. ? The selected replacement property did not meet IRS like-kind exchange requirements. How Our Team Helped: ? Reviewed exchange timelines to align with IRS regulations. ? Assisted in exploring optional like-kind properties before the deadline. ? Worked with lenders to explore financing options and address timing considerations. Considering a 1031 exchange? Let's chat ?? https://lnkd.in/gFdtrPek #ThornwoodFinancial #1031Exchange #CaseStudy #InvestmentPlanning #RealEstateInvestment #TaxDeferral #LikeKindExchange #FinancialStrategy #WealthManagement #SmartInvesting #RealEstateTaxStrategies #InvestmentApproach #LongTermWealth #ExchangeGuidance

Are you saving enough for retirement? Planning for retirement might involve more than just contributing to an employer-sponsored plan. It may also require confident financial strategies to manage your long-term goals. While many Americans prioritize retirement savings, studies show that most contribute less than the recommended 15% of their salary, which may not be enough to sustain their desired lifestyle. With so many factors to evaluate, having a financial strategy is recommended. The Thornwood Financial team is available to discuss retirement planning strategies and help you navigate these financial considerations. Questions? Contact us today to learn more. ?? https://lnkd.in/gFdtrPek #ThornwoodFinancial #RetirementPlanning #FinancialSecurity #401k #InvestmentStrategy #LongTermPlanning #PlanForTheFuture #SmartInvesting #FinancialGoals #MoneyMatters #SecureYourFuture #FinancialWellness #InvestmentPlanning #RetirementReady #WealthManagement

Happy Work Anniversary to Liz Schneider, our Client Services Leader at Thornwood Financial! ?? Since 2003, she has been a trusted professional in the financial industry, bringing invaluable experience in client service and office operations. A lifelong resident of Racine and Kenosha, Liz has built deep connections in the community while raising her son Marty and twin daughters, Natalie and Anna. Beyond her expertise in financial services, she is also a passionate baseball fan, having worked with the Milwaukee Brewers (2018-2020) and currently with the Kenosha Kingfish. Thank you, Liz, for your commitment to excellence and the positive impact you make every day. We are grateful to have you on our team! ?? #ThornwoodFinancial #WorkAnniversary #ClientServiceExcellence #TeamAppreciation #FinancialIndustry #KenoshaKingfish #MilwaukeeBrewers #ClientSuccess #WeAppreciateYou #FinanceExperts #CommunityConnections #Leadership #CustomerCare #WealthManagement #TrustedAdvisor #ProfessionalGrowth #TeamCelebration #ThankYouLiz

#Part2: The Truth Behind “One Truth, Two Lies!” On our last post, we asked you to identify the truth among three financial statements. Now it is time to reveal the answers and explore why each one matters for your financial journey. 1. ? LIE: A 1031 exchange eliminates taxes on the sale of investment properties. A 1031 exchange doesn’t eliminate taxes on the sale of investment properties; it allows you to defer capital gains taxes by reinvesting in similar assets. This strategy might benefit real estate investors but requires careful planning to comply with IRS regulations. 2. ? LIE: Estate planning is only necessary for people with millions of dollars in assets. Estate planning is not just for the ultra-wealthy. It is for anyone who wants to ensure their wishes are carried out. Regardless of the size of your assets, having a plan in place can help reduce uncertainty and provide clarity for your loved ones. 3. ? TRUTH: Tactical portfolio management involves adjusting investments based on changing market conditions. The truth lies in tactical portfolio management, which involves adjusting investments based on changing market conditions. This approach considers shifts in risks and opportunities, helping align investment decisions with broader financial goals and evolving circumstances. Were any of these answers surprising to you? Share your thoughts in the comments, we would love to hear what you think! #ThornwoodFinancial #Thornwood #FinancialAdvisors #FinancialEducation #EstatePlanning #1031Exchange #TacticalManagement #SmartDecisions #YourGoalsYourWay #PlanWithPurpose #FinancialInsights #WealthManagement

#Part1: One Truth, Two Lies! When it comes to finances, there are myths, half-truths, and outright misconceptions. That is why understanding the facts is so important. Ready to play? Here is your challenge: The graphic displays three statements about financial management and planning. Two are lies, and one is the truth. Can you spot it? ?? Share your answer in the comments and let us know why you think it is the truth! Stay tuned for part 2 next week, where we reveal the answer and explore the financial insights behind these statements. #ThornwoodFinancial #Thornwood #FinancialChallenge #InvestmentInsights #EstatePlanning #1031Exchange #TacticalManagement #YourGoalsYourWay #PlanWithPurpose #FinancialLiteracy #MoneyMatters

Happy Birthday to our President, Mark Huber ??????

#Part2: Lessons from a $700 billion legacy… Last week, we explored how only 30% of family businesses make it to the second generation, and we introduced the Wallenberg family’s $700 billion, six-generation legacy. So, who are the Wallenbergs? The Wallenberg family is a prominent Swedish dynasty known for their leadership in global business and philanthropy. What sets them apart? ?? ???????????????????????? ???????????? ????????????????????: Open communication aligns everyone around shared goals. ?? ?????????????? ?????????? ???????????? ??????????????: Clear responsibilities ensure effective contributions. ?? ???????????????????????? ?????????????? ????????????: Flexibility helps navigate the unexpected. These strategies can inspire your approach to building a lasting legacy. ?? What does planning for your future look like? #ThornwoodFinancial #Thornwood #FinancialAdvisors #SuccessionPlanning #LeadershipTransitions #LegacyBuilding #TransparencyMatters #StrategicPlanning #FinancialInsights #CollaborativePlanning #ContinuityAndGrowth #YourGoalsYourWay

Did you know that only 30% of family-owned businesses in the U.S. transition to the second generation, 12% to the third, and just 3% to the fourth? (Source: SBA) Succession planning may be a complex process, and many families face challenges in navigating it effectively. The Wallenberg family, a prominent Swedish dynasty known for their leadership in global business and philanthropy, offers an example of a family that may have overcome these challenges. With a legacy valued at $700 billion spanning six generations, they showcase disciplined governance, thoughtful succession planning, and innovation, helping them adapt and stay relevant over time. ?? Stay tuned for part 2 this week, where we will explore lessons from the Wallenberg family’s approach to leadership transitions, aligning family goals, and incorporating philanthropy into their legacy. Their strategies may inspire your planning process, but remember to tailor any approach to your unique goals and circumstances. #ThornwoodFinancial #Thornwood #FinancialAdvisors #SuccessionPlanning #LeadershipTransitions #LegacyBuilding #TransparencyMatters #StrategicPlanning #FinancialInsights #CollaborativePlanning #ContinuityAndGrowth #YourGoalsYourWay

What would you do if retirement was within reach, but the numbers did not quite add up? Meet Greg and Susan. At ages 62 and 60, they were eager to retire and enjoy the life they had worked so hard to build. With a net worth of $2,875,000 and an annual income of $145,000, they assumed their dream was achievable. However, their concerns about retirement income projections brought them to us. Their previous advisor suggested retiring immediately on an income of $96,000 annually, relying on a bond-heavy portfolio. But Greg and Susan knew they needed more to maintain their lifestyle and reduce long-term risks. Read the full #CaseStudy to know how we approached their situation ?? https://lnkd.in/g2bn6kwm #ThornwoodFinancial #Thornwood #FinancialAdvisors #RetirementPlanning #TailoredStrategies #FinancialClarity #SmartDecisions #YourGoalsYourWay #RetirementIncome #PlanWithPurpose #FinancialJourney #RetirementConfidence