Are You Affluent? Understanding How Heritage Capital Defines Wealth
When I speak with people about managing their money, it always surprises me how often they don’t believe they are affluent or considered “high-net-worth,” even if they have $500,000 or more of investable assets. Since this happens fairly often, I decided to write a blog based on the true definition of wealth because it means different things to different people. Determining wealth is a personal journey that goes far beyond mere numbers. It’s about matching your life goals and values […]
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Date: March 11, 2024
Building Enduring Wealth: Your Guide to Thriving at 100 and Beyond
In today’s world, where medical advancements, healthier lifestyles, and new technologies are extending life expectancies, living to 100 or beyond for one or both spouses isn’t just a possibility—it’s increasingly likely. This begs the all-important question: Have you saved enough to sustain your retirement lifestyle and financial security for 35 years? This is especially relevant if longevity runs in your family. This extended time horizon demands a fresh perspective on retirement planning that goes beyond traditional strategies and embraces the […]
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Date: January 26, 2024
Long Lives & Tech Leaps: The Role of Generational Wealth Today
We continue to see the promising potential for extended life spans in an age of rapidly advancing technology and medicine. If you are 20, you have a 50% chance of living to be 100 or more. If you are already 60, you have a 50% chance of living to be 90 or more. Plus, there are emerging technologies that could extend lifespans even longer. While this is a somewhat futuristic perspective, we should ask ourselves: Are we prepared for our […]
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Date: August 28, 2023
