Everyone has to start somewhere, and there should not be any judgment placed on that person for not knowing “better.” They are likely doing the best they could with the resources they were given.
If 2020 taught us anything, it’s that we humans are adaptive creatures and can adjust to things that before never thought could happen.
Uncertainty of the future will always be present and optimism may become scarce. Prepare for these times, but have faith that a better future will prevail.
Social Security can be very nuanced and claiming strategies should not be made without consideration of the rest of one’s financial plan. Social Security is foundational to most retirement income strategies and when you claim should be personalized to your circumstances.
“A smart person learns from his mistakes, but a truly wise person learns from the mistakes of others.” -Ken Schramm
If you retire before the age of 65, you will not be eligible to begin Medicare benefits and need to bridge the gap between the time when you retire and that date.
Satisficing in retirement allows you to make decisions based on your preset criteria and standards instead of trying to make the best choice.
Sustainability must be considered when using any strategy, the process of becoming healthier, or happier is what is important. What you measure to track progress is the means to an end.
Most Americans say having an estate plan/will is important, but only 40% have one in place. If this is the case when you die your loved ones will have a little to no say over how your belongings are managed. That is why we feel it is important for you to create the necessary estate planning documents and to communicate your wishes to your heirs.
I will always have a love for fitness and nutrition and I’m more than willing to help anyone who has questions in these areas, but I see this as a passion rather than a career. My transition from fitness to finance has shaped me into who I am today. I look forward to guiding clients through their retirement journeys. Who knows maybe someday I will open a gym to help clients get in great financial and physical shape.