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Welcome to the Gen X Wealth Academy, a podcast built for Gen X-ers reaching that age where it's time to seriously plan for their financial futures. Join for bi-weekly episodes that explore the worlds of financial and retirement planning with Phil Telpner of Breakout Private Wealth, based in Chicago, Illinois. Phil will lead you through helpful conversations about money, life and retirement and cover topics like 401(k)s, IRAs, income planning, investing, and so much more. So much information ...
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Leading Chicago divorce lawyer Peter Olson is joined by experts to discuss 'how to' approach your potential divorce, mental health issues, child-related matters, and even using a divorce crisis to make your marriage better. You'll be equipped to transform your family for literally generations in each monthly episode. Learn more @ familylawchicago.com.
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show series
 
There are few graver financial threats than facing a State of Illinois (HFS) child support case filed FOR or AGAINST you. I'm gonna whisper this...it's kind of a racket (shhhh!). Checkout the episode to learn about the risks in using the State to establish your child support, the challenges of competing against the World's Largest Collection Agency…
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So what is a pre-marital agreement? Who needs one? And, when should it be prepared? Oh, and when might a pre-nup be INVALIDATED by a divorce court. I talk pre-nups, business counseling, the Chicago food scene, Ravinia and more with Northbrook Attorney Mark Schondorf. Find out more about about Mark: https://hechtschondorf.com/ Contact us: polson@fam…
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Phil & I discuss Gen X money matters: kids, college, careers, and aging parents (PS: Both of us are Gen Xers). Plus, the unique challenges faced by divorcing woman, Chicago BBQ and...Wall Street Week with Louis Rukeyser. Find out more about about Phil Telpner: https://breakoutprivatewealth.com/ Contact us: polson@familylawchicago.com…
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Making a major change in a child's environment can dramatically change her/his life...FOREVER. Modifying custody and which parent is the 'majority time' parent is a big move; high risk/high reward. In this episode I share some 'Tales' of how I have helped people change custody. Learn about some common situations where this is possible related to fa…
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Stephen and I discuss what TO do and what NOT to do when you're in a crash...there are NO accidents. Plus, how to divide an injury settlement as Marital Property. And, can you sue your partner for giving you Gonorrhea? Find out more about Attorney Stephen Hoffman: https://www.hofflawyer.com/ Contact us: https://www.thepro.lawyer/ Contact us: polson…
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Lindsay and I discuss the major areas of overlap between criminal and family law...Orders of Protection, Contempt of Court, Visitation Abuse and more! Plus, when should you invoke your 5th Amendment right to remain silent? Find out more about Attorney Lindsay Coleman: https://lindsaycolemanlaw.com/ Contact us: polson@familylawchicago.com…
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Ten years after a divorce, fathers will be entirely absent from the lives of almost 2/3s of children's lives. Probably not God's plan, but, I'm just reporting the facts on those facts...REAL WORLD. So, what's the best way to 'handle' things if dad has disappeared?? Contact us: polson@familylawchicago.com…
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People are suffering and lonely these days....and it's the worst if you're in the midst of HARD life circumstances (finances, health, relationships). Erin wrote and founded Divorcee Dish in early 2022, which was inspired by her own divorce after 19 years of marriage. It has become a go-to source – via its website, books, e-books, and an audiobook -…
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It's pretty hard to get arrested in family law but NOT impossible. Learn: --How to get someone arrested. --How to avoid being arrested (in family law). I have GOT some stories. The threat of arrest is a big HAMMER...it can be really effective leverage, but, very avoidable unless you IGNORE the problem. Contact us: polson@familylawchicago.com…
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This month we talk to Maria Natapov, Stepparenting Coach with Synergistic Stepparenting. Didn't expect to be a step-parent? It’s time to gain clarity about your role, define boundaries, and improve communication so that everyone feels heard and understood. Learn 'how to' help a child feel heard, 'how to' introduce a 'new' parent, and more! Plus, sh…
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This month we talk to David Amiss who assists attorneys, business owners, and other professionals in determining the value of a company or interest. David is a Partner at Carr, Riggs & Ingram CPA and Advisors LLC in Raleigh, NC. He strives to go beyond just providing a report; instead, he chooses to find ways to communicate why business value is im…
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Welcome, ladies and gentlemen, to another exciting episode of "Lunch and a Divorce Lawyer." Today we have a fantastic episode lined up for you. We're diving into the intriguing world of employment law, a topic that has intrigued me ever since my law school days. Our guest today is none other than Employment Law Attorney, Amy Cramer. We'll be delvin…
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In this episode, we tackle the common complaints and fears about financial situations during that members of Gen X experience during life. We'll discuss which concerns are well-founded, which are based on misconceptions, and offer insight on how they can best navigate their financial future. Join the exclusive Gen X Wealth Academy: https://bit.ly/3…
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In today's episode, we have a special guest, Kate McClelland, a broker with Compass Real Estate, based on the Northwest side of Chicago. Kate has an incredible background in real estate, shaped by her personal journey and years of experience. Contact Kate McClelland: https://katelovesbungalows.com/ Contact us: polson@familylawchicago.com…
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Picture this: You're at your retirement party, finally ready to enjoy your golden years, but worries caused by some bad money habits have robbed you of fully enjoying the sweetness of the day. It happens to more people than you think, which is unfortunate because with just a little bit of modification, you can rid some of the worst money habits fro…
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Today, we have a special guest, Andy Heller a businessman and author of "Take the High Road: Divorce with Compassion for Yourself and Your Family." In this episode, Andy shares the backstory of how his book came into existence and the inspiration behind its unique approach. Combining his personal experiences with insights from experts, therapists, …
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Get ready to roll up your sleeves and dive into the gritty side of personal finance. In this episode, we reveal how everyday household tasks can serve as reminders of the principles that lead to financial success. From taking out the trash in your investment portfolio to cleaning out the fridge of outdated financial strategies, we'll explore how to…
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This month we have as a guest Richard Capriola, Mental Health and Addictions Counselor and author of the book, ''The Addicted Child'', Appearance Guide to Adolescent Substance Abuse. In this episode we're going to talk about some details to observe in the development of our children, in addition to the damage that these substances generate in child…
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Are you unsure of when to rebalance and how to do it? In this episode, we’ll uncover the importance of rebalancing your portfolio and discuss everything from frequency to tax implications. Plus, we’ll share a cautionary tale about the consequences of neglecting rebalancing. Join the exclusive Gen X Wealth Academy: https://bit.ly/3yHAlDD Book a call…
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This month we learn about Alen's personal journey to the U.S. and how he serves people like him. His practice is devoted to understanding his clients’ aspirations, and he is fully committed to seeing that their dreams of legally living, studying, and working in the U.S. are realized. Learn more about Alen: https://www.takhshlaw.com/ Contact us: pol…
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Have you ever wondered why you handle money the way you do? It turns out your financial behaviors can be traced back to your formative memories. In this episode, we explore how historic market crashes have left a lasting impact on our relationship with money. We’ll also contrast them with the way more recent crises have shaped our financial views a…
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Are you confident that your financial plan is complete? Many people believe they have a solid plan in place, only to realize later that they've missed important areas. From not accounting for long-term care expenses to overlooking the impact of taxes on retirement income, there are many ways a financial plan can be incomplete. On this episode, we'l…
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Tami Wollensak, a 25+ year veteran of the mortgage industry, has experience working in multiple roles and facets of the industry. She has discovered her true passion in helping divorcing individuals navigate their home equity solutions while going through the most challenging time of their life. Checkout her Website: https://www.tamiwollensak.com/h…
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No one is completely comfortable all of the time when dealing with money. It's impossible to put our emotions aside, especially fear. So we took an informal poll of listeners to find out what their biggest financial fears are. On this episode, we’ll explore the most common fears and talk about how they should be addressed in a retirement plan. Join…
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It’s been said that if you don’t have an income plan, you don’t really have a retirement plan. We’ll tackle that mentality on this episode to see if it’s true and further explore why so many retirees, pre-retirees, and Gen Xers don’t understand the importance of an income plan, nor how to properly construct one. This is a foundational topic for any…
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This month we talk real estate with Broker Adriana Laura Cook. Adriana shares how she creates an atmosphere of comfort with her clients, plus, she gives very AUTHENTIC counsel concerning how she handled her own family law 'situation'. Learn more About Broker Adriana Laura Cook at: https://adrianacook.exprealty.com/?fbclid=IwAR1sxunZrCARfGMb08ZffT_t…
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Even if you’ve been saving your money and investing for a long time it’s easy to make rookie mistakes. In this episode, we’ll cover some of the top rookie mistakes we see people make, illustrate how to avoid them or how to fix them if you’ve already made some mistakes in your financial life. Join the exclusive Gen X Wealth Academy: https://bit.ly/3…
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Saving in your 401(k) can be an easy and painless way to build your retirement savings. But because it’s so easy and painless, it can also be easy to ignore for long periods of time, which often leads to mistakes. We’ll cover at least the top 5 mistakes people make in their 401(k)s. Join the exclusive Gen X Wealth Academy: https://bit.ly/3yHAlDD Bo…
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Check out this article that cites 35% of millionaires saying it’s “going to take a miracle” to be ready for retirement. Why are Americans feeling less confident? Is it realistic that millionaires can’t feel surer about their retirement futures? Listen to the episode to find out. Join the exclusive Gen X Wealth Academy: https://bit.ly/3yHAlDD Book a…
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Let’s explore some of the things you should be thinking about to make smart financial decisions when you encounter some of the most significant events in your life. Join the exclusive Gen X Wealth Academy: https://bit.ly/3yHAlDD Book a call with Phil: https://bit.ly/31iOtBO Phone: (224) 616-2016 Email: PT@BreakoutPrivateWealth.com Learn how to rebo…
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Move past that turkey food coma by LAUGHING... Divorce Diaries is back in CHICAGO: 11/26/22 @ 8pm. Michele Traina is bringing her one woman award winning comedy show back to Chicago. So excited for Michele to give us a little preview of her BIG SHOW. https://www.eventbrite.com/e/divorce-diaries-tickets-431266709337 Contact us: polson@familylawchica…
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Getting through retirement can be a lot like running a marathon. Let’s talk about some of the similarities of getting to the finish line in racing and retirement. Join the exclusive Gen X Wealth Academy: https://bit.ly/3yHAlDD Book a call with Phil: https://bit.ly/31iOtBO Phone: (224) 616-2016 Email: PT@BreakoutPrivateWealth.com Learn how to reboun…
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Generation X has different financial concerns than the ones our parents had. We don't have pensions and we have had massive increases in expenses. Let's dive into some of these problems and see how we can make the most of them. Join the exclusive Gen X Wealth Academy: https://bit.ly/3yHAlDD Book a call with Phil: https://bit.ly/31iOtBO Phone: (224)…
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This month we're talking with QDRO (Qualified Domestic Relations Order) Experts Anne Schmidt and and John Madden. Learn more about Anne Schmidt at: https://www.anneschmidtlaw.com/ Learn more about John Madden at: https://www.msmqdros.com/about/ Contact us: polson@familylawchicago.comBy Peter Olson
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This episode introduces an important shift in the focus of our show. Going forward, the show will have a specific focus on serving Generation X savers to help them prepare for retirement. Phil will detail why he's so passionate about helping Gen X prepare for retirement, the unique challenges they face, and why a specific focus on this group is so …
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And Larry's not just any old 'mortgage person', nope, he's focused and trained specifically on the divorcing individual because not all individual situations or mortgages are the same. Divorcing individuals have very unique financial pictures that need a certified professional. Check it out. Contact us: polson@familylawchicago.com…
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Want to know the secrets to experiencing satisfaction in retirement? We’ve discovered five key situations to which your financial plan needs to lead you. If you can key in on these five points, you’ll have a high chance to achieve retirement satisfaction. Book A Call With Phil: https://bit.ly/31iOtBO Phone: (224) 616-2016 Email: PT@BreakoutPrivateW…
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We’re bombarded with ads each day in all forms of media. But have you ever taken a closer look at these messages? If we unpack some of these headlines and ads a little bit more, we’re able to clearly understand what emotions they’re trying to elicit. More importantly, we can figure out what companies are trying to sell us. For this episode, we just…
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Being a good advisor isn’t about winning a popularity contest or just saying the same things that everyone else in the industry says. It’s about giving the best advice that you can for each individual situation. On today’s show, we’re going to peel back the curtain to discuss some areas where a good financial advisor’s opinions might go against the…
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We're talking with the founder of Foundations Christian Counseling, Fred Jacoby. "It is our desire to provide counseling that is Christ-centered, Spirit-led, and Hope-focused to help clients find peace emotionally, relationally, and spiritually" Learn more about Fred Jacoby at: https://www.foundchristcounsel.org Contact us: polson@familylawchicago.…
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