Recently a financial professional asked me, “Rick, what is your money script?” I was a bit baffled and responded, “I have well over 100, not just one.” He said, “No, there are only four, and I was wondering which one is yours.” He misunderstood the concept of money...
Strikes and protests in France over recent months at times brought the country to a standstill. The reason? The government under President Macron increased the retirement age from 62 to 64. The U.S. had a similar wave of protest in 2011 when Speaker Paul Ryan...
Last week I discussed the risk of having a long-term financial plan dismantled late in life by adult children, usually with good intentions. What can you do to guard your financial plan against this possibility? Here are several suggestions to consider. Clarify for...
When someone engages an “advice-only” financial planner, the relationship often lasts for the client’s life. I have experienced this with numbers of clients over my 40-year career. One of the main concerns many of my elderly clients express to me is a need to be sure...
What would you do with a million-dollar windfall? This question was the topic of a survey in a March 28, 2023, article by Jessica Whitehouse in onlinegambling.com, “This is how Americans would spend $1,000,000 in lottery winnings.” Before I read past the headline, I...
