A large part of my work with clients is helping them explore what’s important to them and then working to align their finances to support their life.
A byproduct of this important process is a better understanding of the trade offs involved with their financial decisions. If they want to spend X dollars in retirement, what [...]
Category Archives: Planning
How Do Your Finances Stack Up
February 11, 2010 – 8:56 am
Lifestyle Optimization
February 10, 2010 – 9:30 am
Many of you might have heard of the term “portfolio optimization.” It’s another one of those financial industry buzzwords that gets thrown around rather casually, but do you know what it is? Should you care?
Put simply, portfolio optimization is a process of calculating the ideal investment mix from a menu of investments and their risk [...]
Financial Planning – What It Means To Me
March 19, 2009 – 1:25 pm
“Financial Planning” means different things to different people.
Here are some thoughts about what it means to me:
I help you live the one life you have, the best way you can, based on the goals you value.
I believe “financial planning” is a process and an ongoing decision making framework. It’s not a one-time event or [...]
Can You Really Manage Your Investments Without A Financial Plan
February 23, 2009 – 5:37 pm
I don’t think you can.
And I’m not saying you have to have a formal 80-100+ page financial planning document, either. The financial planning process and your plan can take many forms, flavors and shapes, but I think a plan of any kind is better than nothing. Further, you need a disciplined process to review your plan regularly and make the inevitable adjustments along the way.
In a financial plan, you should outline goals, time horizons, savings, etc. And one of the byproducts of a plan is the determination of what level of risk you should take to have confidence that the plan will be successful.
Average Returns Can Lead To A Below-Average Experience
January 28, 2009 – 3:43 pm
On this website and in conversations with clients and other advisors, I spend a lot of time discussing the financial planning work I do. Helping people and their families plan for the achievement of their most important hopes and dreams is rewarding work and isn’t something I take lightly. I’m always evaluating my approach to financial advice and I’m always skeptical of industry “best practices”.
Here’s an example …
