Helping people understand personal finance and then make good financial decisions is what keeps me in business.
Helping people understand personal finance and then make good financial decisions is what keeps me in business.
In a recent survey by Fidelity Investments, 500 couples were asked about their plans for retirement. The survey targeted couples near retirement or those who had already retired.
What the survey revealed was that although many couples work hard in the savings aspect of retirement – they do a very poor job at communicating with each other about their individual goals, dreams and expectations around retirement. Since they hadn’t previously discussed it, a large percent of couples reach retirement age without having decided on the big questions like where to live or at what age to retire.
The following is a guest post by my friend and colleague, Diane Williams who along with her husband became FI (financially independent) after reading the book Your Money or Your Life. Their story is both inspiring and exciting and I would encourage anyone who wants to know more about how they achieved FI at age 50 to contact Diane.
The public has received a hard earned education when it comes to finance and investing. The upside to the Bernie Madoff’s of the world is that consumers are now becoming savvy and more informed about how they manage their hard earned money – and who they trust when investing it. I'd like to offer a little more education when it comes to choosing an investment advisor.
For years, great thinkers and spiritual leaders, past and present, have written about money and spirituality. Often illustrated are step-by-step instructions on how to tap into and access your spiritual power to manifest abundance into your life.
Books such as Think and Grow Rich by Napoleon Hill, The Seven Spiritual Laws of Success by Deepak Chopra, The Power of Intention by Wayne Dyer and Living in the Light by Shakti Gawain are just a few examples that open your mind to a new way of manifesting abundance into your life.
Since the stock market crash of 2008, investors of all stripes, but especially boomers, have had a love-hate relationship with the market. When the markets are relatively calm and trending up, we love the markets, when the opposite is true, we hate the stock market.
I’m purposely using words like love and hate to illustrate a point. These are powerful words that in turn create powerful and impactful emotional responses. And if there’s one area of life that truly benefits from rational decision making as opposed to emotionally based decision making, it’s the world of investing.
