Retirement Planning
in Inverness, IL.
Retire when you want, not when you have to.
Retirement isn't a number, it's a feeling. It's the morning you wake up and realize you don't have to be anywhere. The Tuesday you spend with your grandkids instead of in a meeting. The trip you book without checking your balance first.
At our firm, we've helped hundreds of families across Chicago's Northern Suburbs turn that feeling into a plan. Since 1977, our family has guided yours through one of life's biggest transitions, from earning a paycheck to living on your own terms.
What this looks like in Inverness.
Inverness attracts business owners and senior executives who value large lots, privacy, and proximity to Barrington's equestrian community without the Cook County property tax burden of the lakefront North Shore. The retirement planning conversation in Inverness typically involves complex compensation histories, business equity, executive retirement plans, stock-based compensation, and the transition to investment-based income that follows a business sale or retirement from a senior corporate role.
The county details.
Cook County's property tax rates, averaging 1.8-2.3% of assessed value, among the highest in the nation, are the single largest variable in most North Shore retirement budgets. A home assessed at $900,000 in Northbrook, Glenview, or Wilmette can carry an annual tax obligation of $16,000-$22,000 that persists through retirement unless the home is sold or downsized. Illinois partially offsets this with one of the most retirement-friendly income tax structures in the country: Social Security, IRA distributions, and pension income are entirely exempt from state income tax, leaving the property tax burden as the primary financial challenge to plan around.
Why Inverness.
Inverness clients are typically business owners or senior executives with above-average wealth and complex financial situations, including business interests, executive compensation plans, and significant real estate holdings. Our work here often centers on business exit planning, deferred compensation strategy, and estate planning with both Cook County and multi-generational considerations.
Things Inverness families ask.
Down the shore.
Talk to a Inverness
advisor.
One free conversation about retirement planning, at your kitchen table, our Evanston office, or a video call.