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...
For decades, financial experts like myself have implored you to have a health care power of attorney. Now, some health care experts say you don’t need one because they don’t work. “Decades of research demonstrate advance care planning doesn’t work. We need a new...
Watch this video on YouTube Do you need long-term care insurance? If so, how much do you need? These are not easy questions to answer. Adequate insurance coverage is foundational to good financial planning. Most of us insure our car, house, personal property, health,...
Watch this video on YouTube If you’ve ever visited someone in a nursing home, chances are you walked out afterward vowing, “I’m never going to end up in a place like this.” That vow is one most of us would make. Keeping it, however, is another...
Watch this video on YouTube One of the challenges in financial planning is the strong taboo in our society against talking about money. Another powerful taboo is talking about death when someone has a serious illness. When someone is diagnosed with cancer, for...
