I am not on Facebook much but I still get the occasional post or message with something like, “If you recently got a friend request from me, ignore it. My account got hacked!” I also get multiple texts a week along the lines of “Your password to [insert financial company] is due to expire in […]
Thomas and his wife were headed out on a cruise to celebrate his birthday. They were leaving out of the port city close to where his mother lived. He asked his 86-year-old mom to come and join them for a birthday dinner before the ship disembarked. Smiling he shared, “Not surprisingly she said, ‘I have […]
As I continue refining my retirement budget, a conversation with my neighbor reminded me how difficult it can be to predict spending in retirement. Ron loves pickup trucks. For years, his silver Dodge Ram 3500 sat proudly in his driveway. He and his wife used it for everything. Then one day I noticed a Lexus […]
Aligning Your Lifestyle Smile with Your Spending Smile Even though I am in my sixties, I still consider myself blessed to have a mentor who has played an important role in my career development. Ben has assisted me in many ways, and he has been so helpful sharing with me how he makes the most […]
You’re Losing 10% of Your Time Every Day As a Christian, there is a concept of giving called tithing. Based on examples in the Old and New Testaments, it is an intentional action of reserving a portion of your earnings and giving it back to God. Typically, it is 10%. Yet there is also an […]
Empowering Couples to Find a Shared Lifestyle Voice Most couples believe they are aligned about retirement. They’ve talked about when they’ll retire, how much they need, and where they might live. What they often haven’t talked about is how they will live their days together once work disappears. Data collected from the Retirement Time Analysis […]
Photo by mreyz The Pros and Cons of Living with Other Retirees I had a “get to know you” call with a financial advisor and author. The focus was on the behavioral aspects of clients once they head into retirement. Trading case examples back and forth, Brady paused and very directly stated, “I don’t like […]
The Power of Everyday Memories In the middle of a morning walk, my wife and I began to discuss what trips we might want to take and activities we wanted to do. I have talked about bucket lists in this newsletter before; aspirational opportunities that you plan but may not complete. We were reviewing these […]
The Retirement Budget Often Overlooked Retirees anticipate endless days of freedom, but a financial advisor can help prepare them for the realities that await them. This article first appeared in Rethinking65. Tim may not have considered himself retired. To keep himself busy, he had a variety of real estate properties, and he had his own […]
How Your Clients Announce Their Retirement Matters By discussing their communication plans, you can help them avoid burning bridges, alienating family, and sabotaging post-career happiness. This article first appeared in Rethinking65. Darren is sitting across from a long-time client couple and starting their semi-annual review. “Alright, have you thought more about your timeline for retirement?” […]
