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…
This week we have a guest blog from my friend, colleague and author of “Your Retirement, Your Way”, John Trauth Net Worth vs Self Worth: Anxieties in Spending Your Retirement Paycheck Congratulations! You saved diligently for your retirement for the last umpteen years. Whereas there were ups and downs in the markets and also in your investments, overall your money grew…
Two Personal Consulting clients of mine – let’s call them Rene and Phil – are both in their late fifties. They are working with me to do their joint 18-month immediate life plan and their 18 to 48-month mid-range life plan. In their 30 years of marriage they have never had so many exciting aspirations or such concern for the…
One of my longtime California friends recently sent me an email commenting on how many long-term friendships are affected by the recent presidential election. His observation is that a significant number of people – from both of the major voting spectrum positions – are unable to comprehend how their friends could possibly have voted the way they did. Even worse,…
There she stood just inside our front door with her hands on her hips. “You keep writing about other people’s After 50 stories.”, she said, “Mine is different and it deserves telling, too”. Pushing past me she settled into a chair in our living room, said, “OK. Help me.” “OK. I’ll play.”, I said sitting down opposite Coleen. “Who are…
George Schofield is a division of The Clarity Group, LLC© 2017 George Schofield. All rights reserved. 