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Wednesday, December 8, 2021

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Wednesday, November 24, 2021

Today’s DueNorth Insight is vesting schedules. And if you watched my video about 401(k) matches, this fits right in. So why are vesting schedules important? Well lets start by defining it, what a vesting schedule is is how much...

Tuesday, November 23, 2021

In today’s DueNorth Insight we’re going to talk about the characteristics and key differences between IRAs and 401(k)s as well as Roth IRAs and Roth 401(k)s. We’ll start by looking generally at IRAs and 401(k)s....

Monday, November 22, 2021

Throughout the last few weeks, we’ve discussed some tax changes that could be coming to fruition through new legislation. While the Build Back Better Act continues to go through renditions and we await approval for some tax...

Wednesday, November 17, 2021

In our November series, we’ve been highlighting potential changes to the tax laws and what they could mean for individual’s finances in the coming months. The Build Back Better Act outlines reconciliation from the...

Wednesday, November 10, 2021

One of the biggest savings buckets for many Americans is their retirement account. Between IRAs, 401(k)s and pension plans, that’s where the majority of people are funneling their savings in anticipation of retirement one day....

Friday, November 5, 2021

On Today’s DueNorth Insight we’re going to talk about Diversification. What does that really mean? What does it mean to be diversified? You might have heard the phrase, “Don’t put all your eggs in one basket...

Wednesday, November 3, 2021

It seems like just a few weeks ago we were celebrating Holidays, making New Years Resolutions and getting things in order for the year ahead. 2021 flew by and we find ourselves at the end of autumn, awaiting the first snowfall and...

Wednesday, October 27, 2021

Hello everyone, I hope you’re doing well! On today’s DueNorth Insight, I’m going to talk about the benefit of saving early, the cost of procrastination and the longer time frame that you have to save the more you can...

Tuesday, October 19, 2021

In mid-October every year we like to take an evening to thank our clients for their loyalty and show just how much we appreciate them. After having to cancel this event in 2020, we were really looking forward to getting together again...

Monday, October 18, 2021

The day’s of education and training are long past you. You’ve been in the workforce for 5, 10, even 15 years now, have gone through some job changes, negotiations and have made your way up the ladder. Congratulations!...

Thursday, October 7, 2021

On today’s DueNorth Insight we’re going to talk about your 401(k) match. So what is a 401(k) match? Well it’s a part of your employer's total compensation package. So if this is something that you’re offered,...

Thursday, September 23, 2021

As summer was coming to a close, Priebe Wealth wanted to host one final summer activity for our clients to enjoy! What better way to ring in the end of August than a night of mingling with friends, enjoying great food, and watching...

Wednesday, September 22, 2021

On today’s DueNorth Insight, we’re going to talk about the role time horizon plays in investing. Should a 22 year old, just starting their first job save in the same manner as a 60 year old nearing retirement? Hopefully...

Monday, September 13, 2021

The other day on LinkedIn, we started talking about Keeping Up with the Joneses. And so in today’s DueNorth Insight, I wanted to talk a little bit more about how we can teach money to our kids. And I think that’s a great...

Tuesday, August 24, 2021

NFL pre season is in full swing and many of us are gearing up for our Fantasy Football Drafts in the coming weeks. The team we choose will determine how far we go in the league and if we end up champions at the end! But is drafting...

Friday, August 20, 2021

Hello everyone, I hope you’re all doing well! On today’s DueNorth Insight – I’m going to talk about Mutual Funds verses Exchange Traded Funds which are also known as ETFs. What are they? And why would we want...

Tuesday, August 17, 2021

August brings many different things for families across the US: The Last month of Summer before school starts Kid’s going back to college Final heat waves of the year The start to football season But the thing many don’t...

Wednesday, August 11, 2021

A little while back, we wrote a blog post all about Cliff Vesting and what you need to know if that’s in the fine print of your employer’s 401(k) match. But what happens if you’re reading through the paperwork, and...

Wednesday, August 4, 2021

In today’s DueNorth Insight we’re going to talk about what a brokerage account is. So what is a brokerage account? Sometimes you might hear this called a non-retirement account or a taxable account. And really what it is,...

Thursday, July 29, 2021

We are experiencing the biggest remote work experiment in history – but many are beginning to imagine life after lockdown. Amid unprecedented global job losses, concerns about transport infrastructure and the continuing need for...

Tuesday, July 27, 2021

In today’s DueNorth Insight, I’m going to talk about the importance of having an emergency fund. A 2021 study from Bankrate.com found that just 39% of Americans can afford an unexpected $1,000 expense. On the same court,...

Tuesday, July 20, 2021

Imagine the unthinkable. Flames engulf your home, you’re in need of memory care, or a loved one is taken too soon. The last thing anyone wants to worry about in times of tragedy is financial hardship. That’s where...

Friday, July 9, 2021

At a time when your career is reaching a peak and you are looking ahead to your own retirement, you may find yourself in the position of having to help your children with college expenses while at the same time looking after the needs...

Friday, July 9, 2021

The month of July has always held special meaning to veterans. The month is marked by the Independence Day of the country, so it seems fitting that it would be a good month to honor veterans who ensure the freedom of its citizens.[1]...

Friday, July 9, 2021

Since the first modern Olympic games in 1896, the competition has been a prestigious honor for the hosting country, but also a significant economic and structural undertaking. Billions of dollars are put toward the construction of new...

Thursday, July 8, 2021

It’s not that different from picking the right financial professional Have you ever thought about what kind of golf partner best suits your game? Maybe you have an upcoming member guest or are considering joining a local...

Thursday, July 8, 2021

In the first half of 2021, the U.S. economy powered forward faster than nearly anyone had expected. Speed can be exhilarating, but it can also be dangerous. In our view, the overall economic picture remains sound and will likely...

Thursday, July 8, 2021

In today’s DueNorth Insight, we’re going to talk about Debt Management. And when we’re thinking about Debt Management, we have to identify all of the debt we have. And the best way we can do that is to create a...

Tuesday, July 6, 2021

Childhood is all about life experiences, learning and developing from the good and bad, and eventually turning into a full-blown adult with responsibilities. And while most of us learned a lot from when we were younger, almost...

Friday, June 25, 2021

The coronavirus pandemic has motivated financial professionals to take full advantage of technology. Many of them are pairing various tech solutions with their unique human touch to help clients work towards their financial well-being....

Monday, June 21, 2021

Market risk is something all investors may worry about, but those close to retirement have limited time to recover from market loss. If you are within ten years of retirement, now is a critical time for your portfolio to continue to...

Thursday, June 17, 2021

Congratulations! You just started a new job and you’re going through your benefits package, reading up on your 401(k) and the employer match. For this example, let’s say your company is matching dollar for dollar of your...

Thursday, June 17, 2021

Imagine logging into your account in the midst of all the market volatility last year to see you’re down $10,000. Having an idea of the unpredictable market swings happening daily, you write this off as an unrealized investment...

Monday, June 14, 2021

Retirement isn’t easy for most couples, and it’s even harder for lesbian, gay, bisexual and transgender people. A modest amount of planning can go a long way to providing the financial support you need. Many LGBTQ seniors...

Tuesday, June 8, 2021

Last week our team gave back to the community by cleaning local areas of Maple Grove. This is an activity that we partake in twice a year starting with Quinwood Lane and circling around to Wedgewood Playlot and Worden Special Use Park...

Tuesday, June 8, 2021

For many Americans, the home is the single biggest purchase made during their lifetime.[1] As a result, it's important to do everything possible to keep it in good condition. Even moderate or short-term neglect can be dangerous, as...

Thursday, June 3, 2021

As we move into June, a path to normalcy is coming quickly with stadiums allowing full capacity, restaurants filling up, and summer vacations in full swing. Meanwhile, the U.S. economy continues to recover remarkably quickly and the...

Monday, May 24, 2021

If you're a small business owner, many of the best practices employed by individual investors are also available to you (of course!), but you also have some additional options and factors to weigh while creating your investment plans....

Monday, May 24, 2021

We’re up here on the lake and I wanted to give you a little DueNorth Insight. Now as you look out across this lake, you can only see the surface and it’s easy to forget everything that’s going on beneath that surface...

Wednesday, May 19, 2021

Tax law changes are on the horizon, and there are some we should start thinking about. Imagine this, you own a family farm that has been passed down for generations. You have plans on passing it down to your kids someday, but you wake...

Monday, May 17, 2021

Retiring from the military is a profound accomplishment. For many, this retirement will provide you with positive things, including the time and geographic stability you need to start a new career or simply enjoy leisure activities...

Wednesday, May 12, 2021

Imagine inheriting a large asset from a loved one and upon sale, learning that you have a major tax liability on your hands. Until now, it was normal for large legacy property and other assets to be passed down for generations with...

Monday, May 10, 2021

As the calendar has turned to May, the popular “Sell in May and Go Away” stock market cliché is getting a lot of airtime. This is the idea that the stock market tends to be weakest between May and October (and...

Monday, May 10, 2021

Oh, the things you could do with free funding for your small business! And thousands of those opportunities are out there1 – like fish in the sea. Landing one of those fish requires dedication, preparation, and hard work, but...

Wednesday, May 5, 2021

Have you and your spouse worked hard to accumulate your wealth? You’ve probably spent long nights in the office, or built a business, while trying to balance a life at home and raise a family. This is common amongst households...

Friday, April 30, 2021

Are you retiring before you’re eligible for Medicare? Is COBRA bridging the gap? If so, you could be subject to lifetime penalties or even a gap in coverage if you don’t enroll in Medicare correctly when the time comes....

Tuesday, April 27, 2021

As your retirement draws closer, you will probably start to have lots of questions such as: How much Social Security will I receive? When should I retire? How will I know when to retire? Do I have enough saved? What will I need to do...

Thursday, April 22, 2021

April 22, 2021 marks Earth Day! Earth day is celebrated around the world for people to work as a team and help preserve our environment. Many of the activities that take place on Earth Day include cleaning parks and highways,...

Wednesday, April 21, 2021

Welcome to the last week in our Seven Pillar Series. And this week we’re going to talk about Value Added Services. What exactly is a Value Added Service? Here at Priebe Wealth, it starts with our clients, it starts with that...

Monday, April 19, 2021

Unlike verbal literacy, financial literacy isn't often taught in schools—which means that many people may enter adulthood without having all the tools they need to make informed and effective financial decisions.[1] Fortunately,...

Monday, April 19, 2021

The newest member of our team is Mike Challe! He recently joined as a Wealth Advisor Associate and will be focused on creating financial plans for a large variety of client objectives. Mike’s goal is to streamline the client...

Wednesday, April 14, 2021

Welcome to week number six in our Seven Pillar Series. And this week we are going to focus on Philanthropy. And I think this is a topic that can really hit home with a lot of people. Nearly 70% of the US population donates to charity...

Tuesday, April 13, 2021

Spring arrived early in Minnesota this year and Priebe Wealth decided to celebrate this wonderful weather by hosting an Easter Floral Arrangement Event for our clients! We teamed up with TyHitchcock Creates, a local expert in floral...

Monday, April 12, 2021

Retirement planning is a complex process requiring as much support and time as possible to reach the desired end. Retirement planning at all ages is important – the more time put into the process, the less investment is necessary...

Thursday, April 8, 2021

“The COVID Vaccine is considered experimental! Receiving this vaccine can disqualify your loved ones from claiming benefits on your life insurance policy if you die as a result of vaccine complications.” Wait a...

Tuesday, April 6, 2021

As a wealth advisor what if I said, I don’t care about budgeting and we don’t really do that with our clients. Thanks for joining us again this week in our 7 Pillar Series. This week we’re talking about cash...

Monday, April 5, 2021

With Public Health Week on the way,[1] it is not only time to consider your physical and mental health but also your financial health. When your financial outlook is healthier, you will be less stressed and enjoy what all your hard...

Thursday, April 1, 2021

“The real key to making money in stocks is not to get scared out of them.” Peter LynchThey say April showers bring May flowers. Well, after a lot of showers and storms over the past year, flowers are starting to bloom and things are...

Wednesday, March 31, 2021

Welcome back to our fourth segment in our Seven Pillar Series. This is a great follow up to last weeks, which was Legacy Planning. This week we’re going to talk about Tax Planning. And so similarly, it’s all about...

Thursday, March 25, 2021

Business owners wear many hats. Not only are they expected to provide an excellent product or service, but they also hold the responsibility of managing the company, hiring and training employees, ensuring technology is working...

Wednesday, March 24, 2021

If you’re driving down the street and your gas light comes on, and you pull up to the next stoplight and the gas station on the left has gas for a dollar a gallon and the gas station on the right has gas for two dollars a gallon...

Thursday, March 18, 2021

As temperatures warm up, trees begin budding, and the days get longer, you probably throw open your windows and think about spring cleaning your home. As you tackle washing windows, cleaning carpets, and sorting out the garage,...

Wednesday, March 17, 2021

Welcome back to our 7 Pillar Series! Last week we spoke about wealth management and how to grow our assets. This week we’re going to flip the script, we’re going to talk about risk management and how do we protect our...

Tuesday, March 16, 2021

It’s hard to believe a year has already passed since COVID-19 spread through the world and we were facing a shut down. Last March was when Minnesota first issued their Stay at Home Order and thousands of workers were sent home....

Monday, March 15, 2021

In 2020, the average FICO score in the U.S. rose to 711, an eight-point increase from 2019.1 When it comes to having healthy credit, your score is the result of many factors. But what specifically goes into someone's credit report, and...

Thursday, March 11, 2021

What can March Madness teach us about Wealth Planning? It’s been a tough year for sports fans with most arena’s closing down their stadiums and only allowing few, if any, spectators to watch in person. After a year of...

Tuesday, March 9, 2021

7 Pillar Series - Wealth Management Welcome to our seven pillar series where we talk about the seven major aspects of your financial life and why we think wealth advisors should be focusing on them. The first topic we’re going to...

Monday, March 8, 2021

Most people who decide to purchase stocks, bonds, mutual funds, or other investment vehicles do so understanding that there are risks associated with investing, but believing that the potential growth they may realize over time...

Friday, March 5, 2021

It’s now been over a year since COVID-19 first hit American shores. While the pandemic has affected everyone to varying degrees, we can all agree that everyone’s life is different today than it was a year ago. It’s...

Tuesday, March 2, 2021

Are Investors Allowing the News to Impact their Financial Performance? It’s no secret that the news is powerful. Over the last few years oil prices, tariffs, COVID, and most recently the election have overpowered the headlines...

Monday, March 1, 2021

Introduction to Our 7 Cardinal Pillars What do you think of when you think of the term Wealth Advisor, Financial Advisor, or Financial Planner? Is it someone who tells you where to put your money? Or is it a partner in your life,...

Wednesday, February 24, 2021

Jen recently joined our team as the Director of Client Engagement. She will be responsible for keeping you informed of headlines in the industry, as well as keeping you up to date with what is happening...

Monday, February 22, 2021

Networking may help you find opportunities that you may not be able to find on your own. It is important during a job search and during your career, since it may help connect you with future employment, customers, or vendors. Even one...

Wednesday, February 17, 2021

JASON PRIEBE, CFP ® J.D., RECOGNIZED IN FORBES AS A 2021 BEST-IN-STATE WEALTH ADVISOR Jason Priebe, CFP ® J.D. of Priebe Wealth was recently ranked No. 50 in Minnesota in the 2021 Best-In-State Wealth Advisors list published by...

Friday, February 12, 2021

Mardi gras is French for “Fat Tuesday,” and this holiday is celebrated on the day before the first day of Lent. Historically, for Catholics, Lent is a period of fasting, and, before starting the fast on Ash Wednesday, many...

Monday, February 8, 2021

Over the last year, investors experienced significant volatility. What seemed to be a strong start in January of 2020, turned into a bear market by mid-February when the Coronavirus pandemic swept the nation, and continued to an...

Monday, February 8, 2021

Although a year away, your 2021 tax planning should have already started Amidst all the pandemic news and 2020 election drama, many might have missed that the IRS also quietly published new 2021 tax rates in late October and a there...

Thursday, February 4, 2021

“In the short-term, the market is a popularity contest. In the long-term, the market is a weighing machine.” Warren Buffett 2021 is under way, as our nation and the rest of the world look to begin to put the global pandemic...

Friday, January 15, 2021

Changing jobs can impact your retirement plan. To minimize disruptions to your contributions and the vested portion of your previous employer’s contributions, it’s important to understand the choices you may have when you...

Monday, January 11, 2021

In an increasingly paper-free society, organizing your financial documents can still be a challenge. No matter how simple or complex your financial picture might be, it takes some thought-out organization to keep your tax documents,...

Monday, January 4, 2021

For years, you’ve diligently invested in your retirement portfolio, accumulating wealth that you hope will sustain you throughout your Golden Years. To help see that your assets are sufficient to help you support your lifestyle...

Tuesday, December 1, 2020

Charitable giving is a way for affluent individuals spread their money around and to benefit causes that are near and dear to their hearts. Yet, for those who fall into the high net worth category, it is critical to structure...

Tuesday, December 1, 2020

From pandemic-related stimulus payments to job losses and furloughs, for many taxpayers, next spring's tax season may be more complex than usual. With the end of 2020 rapidly approaching, you should take some time to review your tax...

Tuesday, December 1, 2020

2020 has been one of the most unprecedented years in recent history, but some things—like tax contributions and retirement deadlines—don't change much, if at all. And with the uncertainty surrounding just about everything,...

Tuesday, November 3, 2020

When developing your estate plan, you can do well by doing good. Leaving money to charity rewards you in many ways. It gives you a sense of personal satisfaction, and it can save you money in estate taxes. A few words about transfer...

Tuesday, November 3, 2020

According to the Identity Theft Resource Center, the number of U.S. data breaches hit a new high in 2017. Nearly 20% of breaches included credit and debit card information, a nearly 6% increase from the prior year. The actual number of...

Tuesday, November 3, 2020

By the last third of the calendar year, you're likely to have a pretty good idea of what your annual income will be and whether any major expenses or big life changes await you. This can allow you to engage in more robust tax planning,...

Tuesday, October 6, 2020

Today's low interest rates are a far cry from the double-digit rates seen in the 1970s and 1980s when even a certificate of deposit (CD) could yield up to 20 percent per year.1 But there are some distinct advantages to a...

Tuesday, October 6, 2020

The world's events always affect the markets, and making smart investment choices requires you to look at what's happening around the world. But what about during an election year? How should you invest while the country is deciding...

Tuesday, October 6, 2020

If you've been wondering how to optimize your finances and ensure your money continues to work for you, a financial professional may be able to help. But the thought of turning over your most sensitive financial information to a...

Friday, September 11, 2020

Many self-improvement goals focus on stability and personal growth — and financial goals are often no different. From buying your first home to saving for retirement, planning your finances can also help you work toward your...

Friday, September 11, 2020

Your life insurance needs change as your life changes. When you are young, you may not have a need for life insurance. However, as you take on more responsibility and your family grows, your life insurance needs increase. Your needs...

Friday, September 11, 2020

The fallout of the COVID-19 pandemic has made the need for a healthy savings account clearer than ever. Even before the pandemic, the U.S. Federal Reserve estimated that nearly 40 percent of Americans didn't have enough set aside to...

Tuesday, September 8, 2020

As you get older and closer to retirement, your financial practices need to shift slightly as you transition from working and saving to relying on your nest egg. As you approach this stage of your life, you need to take steps to...

Wednesday, October 30, 2019

October 19th, 2019, The Priebe Wealth Management Group had the honor of being a sponsor of the annual Minneapolis Metsquerade benefiting METAvivor. Sharply dressed, all those in attendance were a sight to see. Not merely due to the...

Thursday, August 29, 2019

Meeting the Remme Family My wife (Emily) and I met the Remme family in the fall of 2013 when we moved into our home in Albertville. The Remmes were so welcoming, bring us a poinsettia, gift card, and Christmas window clings for Griffin...

Wednesday, June 26, 2019

The Priebe Wealth Management Group headed north to spend an evening in Alexandria, Minnesota with friends and family at the Carlos Creek Winery. Located just north of downtown Alexandria, Carlos Creek Winery is situated on 160 acres in...

Monday, June 10, 2019

May 16th, 2019, The Priebe Wealth Management Group took advantage of the long-awaited Spring weather by visiting the Painter Creek Winery with friends and family. Nestled next to the Minnetonka Orchards, Painter Creek Winery also...

Tuesday, April 23, 2019

Understanding Your Financial Risk LevelApril is Financial Literacy Month. A key factor of understanding Financial Literacy is understanding your risk level. Does your bucket list include sky diving or is it fashioned more towards a...

Friday, March 29, 2019

Maximizing 401(k) Strategies and Savings OptionsFor the first installment of our Your Time, Your Money, we wanted to address an issue many face while progressing through their career regarding your savings and 401(k) strategy....

Friday, March 29, 2019

How Valuable Is Your Time?It seems like a simple enough question. Take your salary, do some quick math, and produce an exact dollar amount for even a single minute spent working. What about your time outside of work? Most us of can mow...

Wednesday, February 27, 2019

February 21st, 2019, The Priebe Wealth Management Group had the opportunity to experience flight at the new iFLY Indoor Skydiving facility in Minnetonka, MN. As wealth management advisors, the Priebe group looks for new ways to...