How Much is “Rich?” Income Vs. Net Worth

How much money does it take to be wealthy? As I’ve pointed out in previous columns, this is basically an unanswerable question. It depends on too many variables, such as social norms, personal circumstances, accounting methods, lifestyle, and financial...

Why We Don’t Plan For The Inevitable

Why do we put off taking action that is important to our financial health? Last week we explored some of the financial “emergencies” that can be avoided with planning or prevention. It’s easy to understand why planning is so important. It’s less easy...

Avoid “Emergency Room” Financial Planning

“An ounce of prevention is worth a pound of cure.” Most of us are familiar with this tidbit of immense wisdom. That doesn’t necessarily mean we follow it when it comes to either our physical or our financial health. According to a Modern Healthcare...

Financial Planner Retiring? Team Approach Eases Transition

One of the most common reasons new clients seek me out is the loss of their long-standing financial advisor. It’s not unusual for someone to have been with the same advisor for decades. I have clients that have been with me for over 40 years. In my experience, the...

“You’re It.” Financial Caregiving and Money Beliefs

“Mom, I can’t take time off work today to take you to your doctor’s appointment, so I’ve arranged to pay for an Uber driver instead.” The elderly parent’s need for transportation is met. The son or daughter’s obligation and...

Social Security Webinar Replay

If you missed our webinar yesterday, Solving the Social Security Puzzle, you can access the replay by clicking the link below. Solving the Social Security Webinar with Rick Kahler and Nathan...