Do we need professional advisors? Yes, more than ever. We may need different kinds of specialized advice at different times. And we will have to be thoughtful about what, who, and when we make the selections. Here some important criteria for choosing your professional advisors. You may want and need: A financial advisor. The term makes it sound like they…
New Rule for Life #2: Remain able and qualified to work well into your 80s and beyond. Track where work-for-pay is going AND keep your marketable skills and certifications current/relevant. She came to me for advice. Not financial advice. That’s not what I do and, besides, she already has a great financial advisor. “What can I do to make some…
My new book, How Do I Get There From Here? is due out in August from the American Management Association (AMACOM, publisher). In it I cite Financial Literacy and the importance of being able to work with a great financial advisor, as key competencies in the New Normal. I recently attended a Financial Literacy Day conference arranged and sponsored by the…
We were waiting for the luncheon speaker begin. He sat to my right, a small, energetic man in a sports jacket and an open-collared light blue shirt. As strangers will, he asked me what I did. My answer was that I am writing and speaking about what it takes for a good 50 year old to become a fabulous…
I recently interviewed an experienced financial planner to discuss how financial planning and the advice people need has changed in The New Normal. George: What was your work like when you first came into the Financial Services industry? Financial Planner: It used to be so much simpler in the Old Normal when the norm for my clients was to predictably…
….it depends on how you define The New Normal and what your discontinuous future holds in store for you. “The road that we’ve been on for such a long time, the so-called ‘new normal,’ is coming to an end, because it’s being eaten up by its own contradictions,” said Mohamed El-Erian, during an interview on Bloomberg TV. Mr. El-Erian is…
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