Tag: navigating wealth

Sometimes it’s the warmer weather. Sometimes it’s a decision to live closer to children and grandchildren, to reduce the cost of living, change lifestyle or improve access to healthcare. Whatever the motivation, Americans frequently move specifically for retirement, with over 250,000 people making such a decision in 2024.

Financial scams used to be fairly easy to detect. They often arrived as poorly written emails, suspicious phone calls or offers that seemed too good to be true. 

Few life events bring as much emotional and financial change as the loss of a spouse. 

For many families, the idea of a vacation home carries an emotional pull that goes beyond square footage or views. It’s about gathering children and grandchildren in one place, creating traditions, and building something that lasts beyond a single generation.

Portfolio risk is often discussed in terms of age. But the amount of risk that makes sense often depends more on goals, time horizon and cash needs than a number on the calendar.

For high-net-worth individuals, generating retirement income is only one part of a broader strategy. Equally critical is maximizing your net retirement income.

Shared giving can do more than support good causes. It can bring families closer together.

For many business owners, selling a company is the culmination of years or even decades of risk-taking, sacrifice and more than a few sleepless nights. It’s a major life event, and most business owners I encounter put a great deal of planning into the transaction.

For high-net-worth individuals, divorce isn’t just emotionally challenging but also a major financial turning point that can fundamentally reshape the trajectory of your long-term wealth strategy.

There is no one-size-fits-all rulebook for how to talk to younger generations about money and wealth. Every family is different.