It’s easy to think about legacy planning late in life.
Over the years, I’ve had prospects and clients ask me a number of questions. But there is one that stands out above all the rest as both the most common and strangest question (from an advisor’s point of view).
One of the most difficult questions for advisors to answer right now might surprise you. Clients, friends, family, and community members all ask us, without fail, one thing: What should I invest in.
When my clients first developed a retirement plan, some of them a decade ago, none of them were prepared for our current reality.
Retirement isn’t usually as smooth a transition as many people think. Permanently leaving the workforce often creates an identity crisis: You’ve spent a lifetime accumulating skills and knowledge that are now sitting dormant and you no longer have a title to concisely describe what you do. After the excitement fades, a lack of direction sets in.
