Beginning the Financial Life Planning Conversation

Client led conversations are at the heart of the Financial Life Planning process.  In order to develop a comprehensive financial plan that aligns with your client’s true values and priorities and supports their life goals, you must create an environment that allows for an open and honest dialogue to bloom.

To begin the conversation, start with a . . . → Read More: Beginning the Financial Life Planning Conversation

Asking the Right Questions

“A world of questions is a world of possibility. Questions open our minds, connect us to each other, and shake outmoded paradigms.”  ~Marilee Adams

In Change Your Questions, Change Your Life, author Marilee Adams describes her vision of how individuals, families, institutions, and communities can be transformed by the spirit of inquiry, “Our orientation would shift from . . . → Read More: Asking the Right Questions

Seeking Wisdom

The secret of successful aging is to always maintain a “future focus” by acknowledging the impact of choices made today on your life in the future.  In addition, it is important to seek growth and development in all areas of life throughout adulthood.  Those who do will more likely view old age as a meaningful and . . . → Read More: Seeking Wisdom

Mental Models Are Powerful

Have you ever met with clients who are frustrated because they are failing to make progress toward achieving their most important financial or life goals?

Author S.J. Scott ( writes, “The root cause of the ‘procrastination habit’ comes from our self-limiting beliefs.”  He further explains that self-limiting beliefs are generated by the mental models . . . → Read More: Mental Models Are Powerful

Facilitating Meaningful Conversations with the Financial Satisfaction Survey

As one of the cornerstones of the M.Q. Financial Life Planning toolkit, the Financial Satisfaction Survey (FSS) is likely part of your client meeting process, but are you using it to its full potential?  The Financial Satisfaction Survey addresses both the emotional and rational realms of an individual’s financial life and provides a means for identifying . . . → Read More: Facilitating Meaningful Conversations with the Financial Satisfaction Survey

Changing Retirement Expectations

Over the past several years, many Americans have begun to question their ability to prepare for a financially secure retirement.  This awareness now begs the question, how will pre-retirees adjust their retirement expectations to match their economic realities?

The Retirement Confidence Survey (RCS) is the longest-running annual retirement survey of its kind in the United States.  It . . . → Read More: Changing Retirement Expectations

Tool Examiner: Retirement Vision

There is a lot of truth to the old saying “if you don’t know where you are going, any road will take you there.”  Therefore, it is important for you to encourage your clients to envision and articulate the various elements they want to include in their unique version of “retirement.”

Research has shown that “degree of . . . → Read More: Tool Examiner: Retirement Vision

Evaluating Financial Responsibilities Across Generations

A growing number of individuals and couples are entering the ranks of the Sandwich Generation.  What they have in common is that they are caught in the middle between the competing needs and wants of their dependent children and aging parents.  In addition, they also need to consider and prepare for their own retirement years and . . . → Read More: Evaluating Financial Responsibilities Across Generations

Life Planning vs. Retirement Planning

In the past, the transition to retirement has been viewed solely as an economic event. As a result, the focus of retirement planning has always been on building a nest egg.

In The Late-Start Investor, author John Wasik recommends discarding this obsolete view in favor of a “flexible life plan that provides for financial, vocational, physical, emotional, . . . → Read More: Life Planning vs. Retirement Planning

Life Lessons: Embracing Vulnerability

Dr. Brené Brown is a research professor at the University of Houston Graduate College of Social Work, and has spent much of her career studying the complex human experiences of “vulnerability” and “living wholeheartedly.”

Her 2010 TED Talk presentation, “The Power of Vulnerability,” catapulted her into the international spotlight with a powerful message that literally resonated with . . . → Read More: Life Lessons: Embracing Vulnerability