Reagan H. Wolfe, Chfc, CLU, Ashford Advisors

Trying to help your middle schooler with financial literacy? These activities will give your middle schooler a better understanding of the value of money using real-world examples.

Interesting perspective on paying off your mortgage as early as possible.

"Spreadsheets can model the historic frequency of big stock market declines. But they can't model the feeling of coming home, looking at your kids, and wondering if you've made a mistake that will impact their lives. Studying history makes you feel like you understand something. But until you've lived through it and personally felt its consequences, you may not understand it enough to change your behavior. We all think we know how the world works. But we've all only experienced a tiny sliver of it. As investor Michael Batnick says, "some lessons have to be experienced before they can be understood." We are all victims, in different ways, to that truth. " - The Psychology of Money, by Morgan Housel

#MondayMotivation #Forgiveness

Many people know that retirement isn't working out well for most Americans, but this is pretty scary. The future will call your bluff if you don't fully prepare for it. Anything worth doing will not be easy. It takes a lot of time and hard work.

Are you being lifted up or pulled down by the people around you? #MondayMotivation

Very Interesting...

Seniors are frugal because they aren't able to confidently spend their money while having so much uncertainty in their future. "only 18% of retirees have enough retirement wealth to maintain pre-retirement spending levels using a relatively conservative replacement metric." Evidence that most people are forced to reduce lifestyle in retirement. Save. Save. Save.

Not All Strategies Are Created Equal. Succession Planning vs. Exit Planning vs. Business Planning. They're all important, but different.

It's never too late to start. Start today. Let me know if you'd like to have a personal, confidential conversation with me or a team member. I'd love to help in any way possible.