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Jim Blankenship
Worked at Blankenship Financial Planning, Ltd
Attended Eureka College
Lives in New Berlin, IL
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Jim Blankenship

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Daniel Gilbert does a fine job educating the reader on how to think about happiness. A great example is when he gives some rather positive and happy quotes like the ones you’d read from a satisfied customer’s testimonial. When you turn the page, you find…
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Jim Blankenship

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One of the more unique types of retirement accounts is the Simplified Employee Pension IRA, or SEP IRA for short.  This plan is designed for self-employed folks, as well as for small businesses of any tax organization, whether a corporation (S corp or C…
The SEP IRA is a unique and valuable option for small business owners.
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Jim Blankenship

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One of the reasons that retirement funding is a mystery to most folks is the uncertainty that comes with trying to determine how much is enough – enough savings set aside so that we don’t run out of money during retirement. The answer to this question…
How can you know if you've saved enough money for retirement?
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Jim Blankenship

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When you delay filing for your Social Security retirement benefit until after your Full Retirement Age (FRA), your future benefit increases due to a factor known as Delayed Retirement Credits, or DRCs. These credits accrue at the rate of 2/3% for each…
Important facts for you to know about delayed retirement credits.
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Jim Blankenship

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A number of years ago while in my garden I was tending to my raspberry patch. It had been a long winter and I feared that many had not survived the cold Wisconsin winter. In the spring, the vigorous plants shot through the soil and in just a few months I…
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Jim Blankenship

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A few days ago my mailbox was graced with the postcard you see at the top of this post. In case the print is too small it’s essentially an offering for a free dinner at a local restaurant while the dinner’s hosts plan to offer a seminar on achieving more…
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Sometime ago I wrote about needs versus wants. Along those lines I’d like to talk about priorities. It’s pretty common that we heard our friends or family say “I don’t have the time” or “I don’t have the money” (of course, we’ve never said these words).…
Sometime ago I wrote about needs versus wants. Along those lines I’d like to talk about priorities. It’s pretty common that we heard our friends or family say “I don’t have the time” or “I don’t have the money” (of course, we’ve never said these words). And periodically, I’ll hear these words uttered by my students (no time to study), generally after a not-so-good exam score. But what these folks are really saying is “It’s not a priority right no...
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Jim Blankenship

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Many investors understand the importance of asset allocation and diversification. They choose among various assets to invest in such as stocks, bonds, real estate and commodities. Without getting too technical, the reason why investors choose different…
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Jim Blankenship

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Occasionally, someone will ask me a question in the following different ways: “Did you see what the market did today?” or “How did the market do today?” To be honest, I’d love to use the line that Charley Ellis has used from the movie Gone with the Wind;…
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On these very pages not too long ago, I pointed out the most important factor to achieving investing success, which is consistent accumulation. The second most important factor? Asset allocation. Asset allocation is the process of dividing your investment…
The first factor in investing success is consistent accumulation. The second?
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If you’re planning to retire and you’re a divorcee, you may be entitled to additional retirement benefits based on your ex’s earnings record. This can be quite a boon for an individual whose ex-spouse has had a significant earnings record over his or her…
How can you plan for spousal or survivor Social Security benefits as a divorcee?
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Jim Blankenship

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I am always advocating creating a plan for your financial life – but why plan? Maybe we can identify some factors which may motivate you to develop plans for your life, incorporating financial factors with the rest of your life. Following are some of the…
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Tagline
Financial advisor, author, speaker, expert in Social Security, IRAs, and income tax issues
Introduction
Independent financial planner providing expert advice to folks on retirement and investing, income taxes, and college expense planning. Author of A Social Security Owner's Manual and An IRA Owner's Manual.
Education
  • Eureka College
    Computer Sciences, 1981 - 1985
Basic Information
Gender
Male
Work
Occupation
Financial Planner
Skills
Income tax, retirement income and accumulation planning, Social Security
Employment
  • Blankenship Financial Planning, Ltd
    Financial Planner
Places
Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Currently
New Berlin, IL
Previously
Nokomis, IL - Garland, TX - Eureka, IL