Lately, I’ve become an avid listener of podcasts. I love the fact that I can listen to and learn from people way smarter than I am anytime of the day. It should come as no surprise that the majority of my podcast listening is centered around finance: Barry Ritholtz’s Masters in Business, The Meb Faber Show, and Patrick O’Shaughnessy’s Invest…
Category: Millennials
Act As If…
Want a quick way to end up in a financial mess (warning: NSFW language)…
A New Retirement
My fellow Millennials, it’s time we have a heart-to-heart about retirement. If you are planning on working for 30 years and then retiring, it is time to reassess those goals. Our retirement is going to be much different than the generations before us. Old Retirement = Pension + Social Security+ Savings Here are the facts: Life expectancies continue to rise:…
The Suit: Financial Planning For A New Generation
Recently, I was interviewed by The Suit magazine regarding my focus on working with Millennials. It’s exciting to have the opportunity to continue working with pre-retirees and retirees, along with my peers. I was told by other advisors that working with younger clients was not possible…well, in just a year my WealthFusion™ program is growing, and I’m finding plenty of…
Organizing Your Financial Plan
Once you have your financial plan, it’s important to make sure the components of the plan, i.e. insurance documents, investment accounts, estate planning documents, etc., are organized. Sure, you may know where everything is located, but does your spouse? If someone else had to locate the components of your plan, could they? How difficult would it be? I recommend keeping…
Stay In Your Lane
By now, you’ve seen the action shot from last night’s Olympic 200m butterfly swim; you know, the one where Michael Phelps is mid stroke and zoned in looking down his lane. In the next lane Chad le Clos is looking at Phelps instead of focusing on his own race. This might be one of the best photos from this summer’s…
Money & Hip-Hop
Typically, rap artists are not your go-to source for financial advice, or even a good example of what to do with your money. For every Jay-Z, there are hundreds of MC Hammers; from the entourages to grills, homes, cars, partying and other frivolous spending, there is little financial responsibility. However, there is no shortage of songs about money, so I…
More on Millennials and Fintech
Last week I wrote about the changes in financial services, especially pertaining toward Millennials. Below is a pretty good video discussing Fintech, Millennials, and where the financial advisory industry is heading. Enjoy! Disclaimer: Nothing on this blog should be considered advice, or recommendations. If you have questions pertaining your individual situation you should consult your financial advisor. For all of the disclaimers, please…
The Millennial Effect
Millennials are changing the game. According to the 2015 Census Bureau Report , Millennials, defined as those born between 1981 and 2004, have surpassed the Baby Boomers. And, we’re already starting to see the impact Millennials are having on business.
Neglected Areas of Millennials’ Financial Plans
Quick, what’s the first topic you think of when you hear “Financial Advisor”? Investments? Retirement? It’s not uncommon to meet with a new client, and the first topic of conversation is the stock market, their investments, or something related to retirement planning. While I spend a significant part of my time analyzing investments and developing retirement plans, those are…