Advising Couples Toward Retirement

I came across an online Forbes article by Robert Laura titled “When Couples Argue About Retirement” that snagged my imagination. The 2015 article shares links to a starting-point questionnaire. That instrument has both partners answering retirement lifestyles and time management questions. Other open-ended questions focus on mortality, values, and family. In the article, Laura raises an issue that, for most of us, is the elephant in the room when we talk with clients about retirement …

THE ADVISOR STORY

The caring advisor (and others who want to know their history) chooses to invest time, energy, and reflection in coming to terms with his or her personal story. I think every advisory training program should dedicate an entire day to focus on self-awareness. Everyone in class would be asked to write a two-page autobiography focused on people and experiences that have shaped their formative years. Parents Who were my parents? What memories do I have …

Retirement Conversations

Carey sat in my office a couple of weeks ago to discuss an investment in his retirement. During our time together, I suggested a strategy not only for this contribution but for those that would follow in the next several years. Once he decided, he said, “I’ve been thinking a lot about a question you asked me months ago.” Leaning in a bit, he continued. “You suggested I ask myself not what I am retiring …