Why you need to plot your lifestyle ambitions before deciding on level of investment risk
May 10, 2024
During my career in financial planning, I have found many investors take far more risk with their money than they need to. This often leads to tears because they have invested in poor performing or risky investments.
Financial advisers need to complete an investment risk analysis before that client invests their money, as part of the regulatory process.
Why a bucket list is essential if you are to make the most of your life
April 26, 2024
As I mentioned in my first blog in this series, financial planning is about ensuring when you have one foot in the grave and look back over your life you have no regrets.
Because by then it will be too late to do anything about it and you will be mourning lost opportunities.
A bucket list is an essential - and hopefully fun - way of making the most of your life.
Why financial planning needs to be designed to support your lifestyle
April 22, 2024
Many people invest their money to get the best returns possible and the financial services industry encourages this (it helps them sell more products). But within a financial plan it is essential that your investments are designed to support your lifestyle.
Achieving your life’s aims – the real focus for financial planning
April 4, 2024
Once you have identified your desired lifestyle, the next step is to establish how you will fund it, which brings us to financial planning.
Many people think that financial planning is all about pensions, investment funds and life insurance. That is probably because that is what the financial services industry has led them to believe, so they can sell them more products.
Retirement Lessons from Shaquille O’Neal
April 3, 2024
Retirement is a significant milestone that prompts introspection about life’s priorities. Shaquille O’Neal, the NBA legend, recently shared some profound retirement advice with Jason Kelce, center for the Philadelphia Eagles, on his podcast, 'The Big Podcast with Shaq.'1 His candid reflections offer valuable insights for anyone approaching this life transition.
How much is enough to support your lifestyle? If you don’t know, you don’t have a financial plan.
March 7, 2024
Do you know how much is enough to support your lifestyle, without the fear of running out of money?
This is one of the most important questions financial planning will help answer.
We see many people working longer than they need to because they do not know how much is enough.
Develop a Family Mission Statement
April 31, 20222
Work through these four steps with your family to create a mission statement that will inspire and endure.
Could Extending Your Vacation Expand Your ROL?
August 24, 2022
Here are four reasons you should consider adding an extra week or two to your next vacation now that you’re retired.
Preparing to Send Kids to College or University
August 16, 2022
Between the student debt crisis, and post-pandemic changes to the workplace, it's never been more important for students to make the most of their college experience.
Develop a Family Bucket List
August 10, 2022
Summer flies by fast, but if you're a parent, you probably feel like your kids are growing up even faster. Let’s make a family bucket list!
4 Things to Consider Before Committing Financial Support to Your Adult Children
July 27, 2022
Financial literacy just isn’t taught in schools. This knowledge gap could be a big reason your young adult is struggling.
5 Steps to Address Concern About an Aging Parent
July 22, 2022
As your parents begin to settle into their final phase of life, their health, residence, and finances could become a factor in your retirement planning.