When I wrote ‘Stop Trying To Keep Up With The Joneses: They’re Broke Anyway,’ my primary goal was to dispel the common perception that wealth management and financial planning were the same things. It is during times such as we are experiencing now with the health crisis of COVID-19, that has impacted economies throughout the world. And it has now rippled into financial markets that understanding what it takes to be a financially least vulnerable person is so critical! Most Americans … [Read more...] about Becoming a Financially ‘Least Vulnerable Person’
The recent impact from the global pandemic has certainly shaken markets. Markets tend to have the greatest impact on portfolio assets and can cause you to question whether you are doing things right, or do you have the right team to guide your plan. Here are five areas to confirm and adjust, so you are prepared for the recovery. Do you have the proper emphasis? In the order of importance, the six elements of the success fundamentals are: How early you start investing How often you … [Read more...] about 5 Financial Moves to Thrive in the Recovery
Before you think that this is a “conspiracy theory” laden post, let me put your fears to rest. I am not suggesting that the government is ACTUALLY going around and eliminating people, but I am posing the question “Are the (unintentional) actions of the government truncating what could be a much longer life?” Here is a question, and a bit of a history lesson, “How exactly was the age of 65 determined for the use of Social Security?” Many have suggested that it was based upon the German … [Read more...] about Is Our Government Preventing Us From Longer Life?
How concerned are you about the recent market activity? With a carefully crafted and well-executed financial plan, these events become a blip on the radar of the decades of enjoyment of a 100 Year Lifestyle. So what is your definition of financial planning? Ask any group of people this question and most likely each person will answer differently. The truth is, they may all be right because financial planning is very personal and also complex. No financial prescription fits all people, … [Read more...] about The 6 Biggest Risks To Your Retirement Future, and How To Avoid Them
The Prime-Time Myth is the perpetuation of a set of ideas about what life, retirement and aging should be like. But the current norm is based on culture, not science or what's truly possible. There is a misunderstanding about how long people believe they will live. We define and reinforce this by our invention of “retirement” as a concept. Retirement doesn't exist. Prior to its invention not even a century and a half ago, people just kept working, or better yet, did what they wanted to. This … [Read more...] about The Prime-Time Myth
Mind, Body, and Soul Our society has built multi-billion-dollar industries assisting people from the outside in while ignoring one of the most fundamental elements of nature – the need to work from the inside out. There is a place for both, but it is a balance between Mind, Heart, Body, and Soul. The spark that renewed my interest in my personal health came during a series of annual physical exams. I began to wonder why it was that I would go see my doctor, then he would order labs. Several … [Read more...] about The Culturally Conforming Conveyor Belt