Whether an advisor is near retirement or far away from that goal, planning for the future – to help ensure the sustainability of the practice and a smooth transition for clients – is critical at any stage. The reality is that many advisors do not have such a plan or want to put one in…
Contributed by Lewis J. Walker, CFP® The first Baby Boomers were born in 1946 as post-W.W. II America expanded with manifold opportunities. As the initial wave turned 30 in the 1970s, we saw bursts of entrepreneurialism as businesses were founded. Those born in 1946 turn 70 this year as they contemplate Required Minimum Distributions for…
Contributed by Lewis J. Walker, CFR® You have done well through diligence and wise investing. You have achieved your goals for financial independence, or are on target to do so. An inheritance or sale of a business may have added to your net worth, or may do so in the future. Enter Abraham Maslow.…