You would not skip your annual physical, and you should not skip your money's either. To close out our week on financial interactions, here is what actually happens in a real annual review, piece by piece, and the moment from one of ours that I would put up against any product pitch in the country.
A couple we work with gave their beneficiary planning box a name, and somewhere along the way, Bob became part of the family. This is a story about paperwork, which means it is really a story about love, new grandkids, and the kindest gift you can leave on a shelf.
You know the invitation. Heavy cardstock, a nice restaurant, a free dinner, and a presentation about an exciting financial opportunity. Go. Enjoy the steak. I mean that sincerely. Just bring the one question that turns the whole evening in your favor.
One of our clients sees more doctors than anyone I know, and every one of them is careful, thorough, and completely unaware of what the others are doing. His money worked the same way for thirty years. Here is what happens when nobody is the general practitioner, and what it looks like when somebody
Plenty of retirees are carrying a death benefit they forgot about, tucked inside an annuity, an old policy, or a benefit from a job they left years ago. Before you buy new life insurance, take an inventory. The smartest sentence I've heard in a review meeting this year explains why.
Funeral insurance and a prepaid funeral are two answers to the same question, and plenty of people are quietly paying for both. Here is what each one actually is, the federal rule that protects you at the funeral home, and the one conversation that keeps you from buying the same peace of mind twice.