As we conclude this series (click for Part 1 and Part 2), we look to the story of the Pyle brothers--Big R. and Bet R.--illustrating a lesson on financial risk.
The traditional approach to financial planning can be summarized in three words: bigger is better. But what if your goal is not simply “bigger is better,” but “bigger and better?”
Have you seen those ads from the nice folks who want to buy your pension for cash? Who couldn’t use an extra six figures worth of money? But…how do you tell if that is a good deal?
A certain amount of financial stress is fact of life in our modern world. So how do you handle those seasons of life when your financial circumstances threaten to overwhelm you?
Our financial system allows for both brokers and advisors, probably because both have useful (if different) roles to play. Just make sure you know which one you’ve got and which one you need.
Most of us need a planner and a coach. Find someone who will not only give you a plan, but will coach you through the implantation process and keep you on target.
You’ll never have quite the feeling of warmth wash over you as when you experience a financial flat tire, open the trunk and there it is...that gorgeous, beautiful, spare tire...full of air and ready to roll.