Archive for the ‘ Financial Goals ’ Category

Your Money in the Context of Life

A good advisor will talk about the meaning of money in relation to your goals and dreams. You need to share such things before the talk turns to finances, or an advisor can’t truly know how to help. If the first thing an advisor does is ask to look at your statements, says Mitch Anthony, […]

The Hidden Problem In Your 401(k)

For the most part, 401(k) plans have replaced pensions as the prevailing vehicle for people’s retirement. But surveys and studies show some very bleak numbers. The balances in 401(k)s and IRAs may not be nearly enough to pay for comfortable retirements, as the previous generation’s pensions once did. And today, few companies offer pensions. Why […]

Beware of the Depression Mentality

A woman once came to my office and opened her checkbook, telling me she had about $300,000 in her account. I asked why she felt she needed that much in a checking account. “I have it there for emergencies,” she explained. Few of us need access to all of our money at one time. Holding […]

Be the CEO of Your Wealth

By hiring a good advisor, you could be gaining a world of expertise; however, you should still feel firmly in control of your destiny. You are the CEO or chief executive officer of your wealth. A good CEO hires a CFO or chief financial officer, who runs the daily affairs of the company. The CFO […]

Welcome to Distribution Land: Safe Travels

We each define quality of life in our own way. We each have unique goals and dreams. Economic security can buy you time to focus your attention on what matters. My goal for you is to help you understand your own definition of the good life, and then work to make your money a tool […]