Advice For Retirement Quotes

Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give.

But it so happens that everything on this planet is, ultimately, irrational; there is not, and cannot be, any reason for the causal connexion of things, if only because our use of the word "reason" already implies the idea of causal connexion. But, even if we avoid this fundamental difficulty, Hume said that causal connexion was not merely unprovable, but unthinkable; and, in shallower waters still, one cannot assign a true reason why water should flow down hill, or sugar taste sweet in the mouth. Attempts to explain these simple matters always progress into a learned lucidity, and on further analysis retire to a remote stronghold where every thing is irrational and unthinkable. If you cut off a man's head, he dies. Why? Because it kills him. That is really the whole answer. Learned excursions into anatomy and physiology only beg the question; it does not explain why the heart is necessary to life to say that it is a vital organ. Yet that is exactly what is done, the trick that is played on every inquiring mind. Why cannot I see in the dark? Because light is necessary to sight. No confusion of that issue by talk of rods and cones, and optical centres, and foci, and lenses, and vibrations is very different to Edwin Arthwait's treatment of the long-suffering English language. Knowledge is really confined to experience. The laws of Nature are, as Kant said, the laws of our minds, and, as Huxley said, the generalization of observed facts. It is, therefore, no argument against ceremonial magic to say that it is "absurd" to try to raise a thunderstorm by beating a drum; it is not even fair to say that you have tried the experiment, found it would not work, and so perceived it to be "impossible." You might as well claim that, as you had taken paint and canvas, and not produced a Rembrandt, it was evident that the pictures attributed to his painting were really produced in quite a different way. You do not see why the skull of a parricide should help you to raise a dead man, as you do not see why the mercury in a thermometer should rise and fall, though you elaborately pretend that you do; and you could not raise a dead man by the aid of the skull of a parricide, just as you could not play the violin like Kreisler; though in the latter case you might modestly add that you thought you could learn. This is not the special pleading of a professed magician; it boils down to the advice not to judge subjects of which you are perfectly ignorant, and is to be found, stated in clearer and lovelier language, in the Essays of Thomas Henry Huxley.

Only something extremely dire and disabling will ever stop a real writer from writing. Retirement is never an option.

There are many yesterdays. With any luck, many tomorrows. But there's only one today. Don't fuck it up.

Lots of people have a “timeline” in mind for their life: the age when they want to get married, have kids, retire. The best advice I ever got was to forget all about this schedule. Why try to squeeze your life into a totally artificial construct based on meaningless rules? You’ll end up doing stupid things, like randomly marrying the guy you happen to be dating when you’re 29 because your self-imposed wedding deadline is age 30. Despite people hotly debating the “correct” age to tick off life’s milestones, it’s different for everyone – there’s no right or wrong answer.

In retirement, Smith reflected on his exceptional performance, saying simply, "I never stopped trying to become qualified for the job.

Wealth accumulation and wealth decumulation are equally important. One wrong withdrawal in your retirement fund can ruin a decade of investing.

Novels were not arguments; a story worked, or it didn't, on its own merits. What did it matter if a detail was real or imagined? What mattered was that the detail seemed real, and that it was absolutely the best detail for the circumstance. That wasn't much of a theory, but it was all Ruth could truly commit herself to at the moment. It was time to retire that old lecture, and her penance was to endure the compliments of her former credo.

How'd you know that would help, Grandma? Used to have a regular who had attacks like that all the time. Poor guy. He was an accountant, loveless marriage-most of em were back then-and vaginas scared the bejeezus outta him.

The earlier you start making small changes, the more powerfully the Compound Effect works in your favor. Suppose your friend listened to Dave Ramsey’s advice and began putting $250 a month into an IRA when she got her first job after graduating from college at age twenty-three. You, on the other hand, don’t start saving until you’re forty. (Or maybe you started saving a little earlier but cleaned out your retirement account because you didn’t notice any great gains.) By the time your friend is forty, she never has to invest another dollar and will have more than a $1 million by the age of sixty-seven, growing at 8 percent interest compounded monthly. You continue to invest $250 every month until you reach sixty-seven, the normal retirement age for Social Security for those born after 1960. (That means you’re saving for twenty-seven years in contrast to her seventeen years.) When you’re ready to retire, you’ll have less than $300,000 and will have invested $27,000 more than your friend. Even though you saved for many more years and invested much more cash, you still ended up with less than a third of the money you could have had. That’s what happens when we procrastinate and neglect necessary behaviors, habits, and disciplines. Don’t wait another day to start the small disciplines that will lead you in the direction of your goals!

Nookie.” I giggle because the word itself is funny but hearing her say it makes it even more so. “I’m going to give you some advice because you’re still a new wife—and because my son can be a little shit at times. I know; I’m his mum.” She looks around as though she’s about to reveal top-secret information. “Nookie equals power and there’s a reason he wants it from you all the time. It levels the playing field. Don’t like something he’s doing? Take the nookie away. Get the results you want. Need him to see things your way but he refuses? Withhold the nookie and he’ll make the fastest attitude adjustment you’ve ever seen. Want your husband to retire because he’s going to work himself into an early grave and miss his grandchildren growing up the way he missed his kids? Close the gates of nookie and get your husband home with you instead of burying him. That’s how you work it, darling. You use the power of the nookie to get the results you want.

Ready and determined, I follow the advice of Zeno, Cleanthes, and Chrysippus, all of whom bid one take part in public affairs, though none of them ever did so himself: and then, as soon as something disturbs my mind, which is not used to receiving shocks, as soon as something occurs which is either disgraceful, such as often occurs in all men's lives, or which does not proceed quite easily, or when subjects of very little importance require me to devote a great deal of time to them, I go back to my life of leisure, and, just as even tired cattle go faster when they are going home, I wish to retire and pass my life within the walls of my house. "No one," I say, "that will give me no compensation worth such a loss shall ever rob me of a day. Let my mind be contained within itself and improve itself: let it take no part with other men's affairs, and do nothing which depends on the approval of others: let me enjoy a tranquility undisturbed by either public or private troubles.

All we really have is the present moment. If we can't find happiness now, will we really have it when our "dream life" is here? It seems like so many people are waiting for the perfect job, to lose 30 pounds, to reach retirement, or to find the right partner to be happy. We think THEN everything will be great, and we'll magically find the peace in life we are looking for. But how many times have you reached that goal only to find that you immediately move on to the next life goal? You don't even relish what you achieved... The key is in the present moment.

Good writing doesn’t come naturally, though most people seem to think it does. Professional writers are constantly bearded by people who say they’d like to “try a little writing sometime”—meaning when they retire from their real profession, like insurance or real estate, which is hard. Or they say, “I could write a book about that.” I doubt it. Writing is hard work. A clear sentence is no accident. Very few sentences come out right the first time, or even the third time. Remember this in moments of despair. If you find that writing is hard, it’s because it is hard.

I can hardly believe that our nation’s policy is to seek peace by going to war. It seems that President Donald J. Trump has done everything in his power to divert our attention away from the fact that the FBI is investigating his association with Russia during his campaign for office. For several weeks now he has been sabre rattling and taking an extremely controversial stance, first with Syria and Afghanistan and now with North Korea. The rhetoric has been the same, accusing others for our failed policy and threatening to take autonomous military action to attain peace in our time. This gunboat diplomacy is wrong. There is no doubt that Secretaries Kelly, Mattis, and other retired military personnel in the Trump Administration are personally tough. However, most people who have served in the military are not eager to send our young men and women to fight, if it is not necessary. Despite what may have been said to the contrary, our military leaders, active or retired, are most often the ones most respectful of international law. Although the military is the tip of the spear for our country, and the forces of civilization, it should not be the first tool to be used. Bloodshed should only be considered as a last resort and definitely never used as the first option. As the leader of the free world, we should stand our ground but be prepared to seek peace through restraint. This is not the time to exercise false pride! Unfortunately the Trump administration informed four top State Department management officials that their services were no longer needed as part of an effort to "clean house." Patrick Kennedy, served for nine years as the “Undersecretary for Management,” “Assistant Secretaries for Administration and Consular Affairs” Joyce Anne Barr and Michele Bond, as well as “Ambassador” Gentry Smith, director of the Office for Foreign Missions. Most of the United States Ambassadors to foreign countries have also been dismissed, including the ones to South Korea and Japan. This leaves the United States without the means of exercising diplomacy rapidly, when needed. These positions are political appointments, and require the President’s nomination and the Senate’s confirmation. This has not happened! Moreover, diplomatically our country is severely handicapped at a time when tensions are as hot as any time since the Cold War. Without following expert advice or consent and the necessary input from the Unites States Congress, the decisions are all being made by a man who claims to know more than the generals do, yet he has only the military experience of a cadet at “New York Military Academy.” A private school he attended as a high school student, from 1959 to 1964. At that time, he received educational and medical deferments from the Vietnam War draft. Trump said that the school provided him with “more training than a lot of the guys that go into the military.” His counterpart the unhinged Kim Jong-un has played with what he considers his country’s military toys, since April 11th of 2012. To think that these are the two world leaders, protecting the planet from a nuclear holocaust….

Glaucon, (1) the son of Ariston, had conceived such an ardour to gain the headship of the state that nothing could hinder him but he must deliver a course of public speeches, (2) though he had not yet reached the age of twenty. His friends and relatives tried in vain to stop him making himself ridiculous and being dragged down from the bema. (3) Socrates, who took a kindly interest in the youth for the sake of Charmides (4) the son of Glaucon, and of Plato, alone succeeded in restraining him. (1) Glaucon, Plato's brother. Grote, "Plato," i. 508. (2) "Harangue the People." (3) See Plat. "Protag." 319 C: "And if some person offers to give them advice who is not supposed by them to have any skill in the art (sc. of politics), even though he be good-looking, and rich, and noble, they will not listen to him, but laugh at him, and hoot him, until he is either clamoured down and retires of himself; or if he persists, he is dragged away or put out by the constables at the command of the prytanes" (Jowett). Cf. Aristoph. "Knights," 665, {kath eilkon auton oi prutaneis kai toxotai}. (4) For Charmides (maternal uncle of Plato and Glaucon, cousin of Critias) see ch. vii. below; Plato the philosopher, Glaucon's brother, see Cobet, "Pros. Xen." p. 28.

My Future Self My future self and I become closer and closer as time goes by. I must admit that I neglected and ignored her until she punched me in the gut, grabbed me by the hair and turned my butt around to introduce herself. Well, at least that’s what it felt like every time I left the convalescent hospital after doing skills training for a certification I needed to help me start my residential care business. I was going to be providing specialized, 24/7 residential care and supervising direct care staff for non-verbal, non-ambulatory adult men in diapers! I ran to the Red Cross and took the certified nurse assistant class so I would at least know something about the job I would soon be hiring people to do and to make sure my clients received the best care. The training facility was a Medicaid hospital. I would drive home in tears after seeing what happens when people are not able to afford long-term medical care and the government has to provide that care. But it was seeing all the “young” patients that brought me to tears. And I had thought that only the elderly lived like this in convalescent hospitals…. I am fortunate to have good health but this experience showed me that there is the unexpected. So I drove home each day in tears, promising God out loud, over and over again, that I would take care of my health and take care of my finances. That is how I met my future self. She was like, don’t let this be us girlfriend and stop crying! But, according to studies, we humans have a hard time empathizing with our future selves. Could you even imagine your 30 or 40 year old self when you were in elementary or even high school? It’s like picturing a stranger. This difficulty explains why some people tend to favor short-term or immediate gratification over long-term planning and savings. Take time to picture the life you want to live in 5 years, 10 years, and 40 years, and create an emotional connection to your future self. Visualize the things you enjoy doing now, and think of retirement saving and planning as a way to continue doing those things and even more. However, research shows that people who interacted with their future selves were more willing to improve savings. Just hit me over the head, why don’t you! I do understand that some people can’t even pay attention or aren’t even interested in putting money away for their financial future because they have so much going on and so little to work with that they feel like they can’t even listen to or have a conversation about money. But there are things you’re doing that are not helping your financial position and could be trouble. You could be moving in the wrong direction. The goal is to get out of debt, increase your collateral capacity, use your own money in the most efficient manner and make financial decisions that will move you forward instead of backwards. Also make sure you are getting answers specific to your financial situation instead of blindly guessing! Contact us. We will be happy to help!

Back home, Chris struggled to readjust, physically and mentally. He also faced another decision-reenlist, or leave the Navy and start a new life in the civilian world. This time, he seemed to be leaning toward getting out-he'd been discussing other jobs and had already talked to people about what he might do next. It was his decision, one way or another. But if I’d been resigned to his reenlistment last go-around, this time I was far more determined to let him know I thought he should get out. There were two important reasons for him to leave-our children. They really needed to have him around as they grew. And I made that a big part of my argument. But the most urgent reason was Chris himself. I saw what the war was doing to him physically. His body was breaking down with multiple injuries, big and small. There were rings under his eyes even when he had slept. His blood pressure was through the roof. He had to wall himself off more and more. I didn’t think he could survive another deployment. “I’ll support you whatever you decide,” I told him. “I want to be married to you. But the only way I can keep making sense of this is…I need to do the best for the kids and me. If you have to keep doing what is best for you and those you serve, at some point I owe it to myself and those I serve to do the same. For me, that is moving to Oregon.” For me, that meant moving from San Diego to Oregon, where we could live near my folks. That would give our son a grandfather to be close to and model himself after-very important things, in my mind, for a boy. I didn’t harp on the fact that the military was taking its toll. That argument would never persuade Chris. He lived for others, not himself. It didn’t feel like an ultimatum to me. In fact, when he described it that way later on, I was shocked. “It was an ultimatum,” he said. He felt my attitude toward him would change so dramatically that the marriage would be over. There would also be a physical separation that would make it hard to stay together. Even if he wasn’t overseas, he was still likely to be based somewhere other than Oregon. We’d end up having a marriage only in name. I guess looked at one way, it was an ultimatum-us or the Navy. But it didn’t feel like that to me at the time. I asked him if he could stay in and get an assignment overseas where we could all go, but Chris reminded me there was never a guarantee with the military-and noted he wasn’t in it to sit behind a desk. Some men have a heart condition they know will kill them, but they don’t want to go to the doctor; it’s only when their wives tell them to go that they go. It’s a poor metaphor, but I felt that getting out of the Navy was as important for Chris as it was for us. In the end, he opted to leave. Later, when Chris would give advice to guys thinking about leaving the military, he would tell them it would be a difficult decision. He wouldn’t push them one way or the other, but he would be open about his experiences. “There’ll be hard times at first,” he’d admit. “But if that is the thing you decide, those times will pass. And you’ll be able to enjoy things you never could in the service. And some of them will be a lot better. The joy you get from your family will be twice as great as the pleasure you had in the military.” Ultimatum or not, he’d come to realize retiring from the service was a good choice for all of us.

Smart Sexy Money is About Your Money As an accomplished entrepreneur with a history that spans more than fourteen years, Annette Wise is constantly looking for ways to give back to her community. Using enterprising efforts, she qualified for $125,000 in startup funding to develop a specialized residential facility that allows developmentally disabled adults to live in the community after almost a lifetime of living in a state institution. In doing so, she has provided steady employment in her community for the last thirteen years. After dedicating years to her residential facility, Annette began to see clearly the difficulty business owners face in planning for retirement successfully. Searching high and low to find answers, she took control of financial uncertainty and in less than 2 years, she became a Full Life Agent, licensed Registered Representative, Investment Advisor Representative and Limited Principal. Her focus is on building an extensive list of clients that depend on her for smart retirement guidance, thorough college planning, detailed business continuation, and business exit strategies. Clients have come to rely on Annette for insight on tax advantaged savings and retirement options. Annette’s primary goal is to help her clients understand more than just concepts, but to easily understand how money works, the consequences of their decisions and how they work in conjunction with their desires and goal. Ever the curious soul who is always up for a challenge, Annette is routinely resourceful at finding sensible means to a sometimes-challenging end. She believes in infinite possibilities as well as in sharing her knowledge with others. She is the go-to source for “Smart Wealth Solutions.” Among Annette’s proudest accomplishments are her two wonderful sons, Michael III and Matthew. As a single mom, they have been her inspiration and joy. She is forever grateful to the greatest brothers in the world- Andrew and Anthony Wise, for assistance in grooming them into amazing young men.

The ten rules of ikigai We’ll conclude this journey with ten rules we’ve distilled from the wisdom of the long-living residents of Ogimi: Stay active; don’t retire. Those who give up the things they love doing and do well lose their purpose in life. That’s why it’s so important to keep doing things of value, making progress, bringing beauty or utility to others, helping out, and shaping the world around you, even after your “official” professional activity has ended. Take it slow. Being in a hurry is inversely proportional to quality of life. As the old saying goes, “Walk slowly and you’ll go far.” When we leave urgency behind, life and time take on new meaning. Don’t fill your stomach. Less is more when it comes to eating for long life, too. According to the 80 percent rule, in order to stay healthier longer, we should eat a little less than our hunger demands instead of stuffing ourselves. Surround yourself with good friends. Friends are the best medicine, there for confiding worries over a good chat, sharing stories that brighten your day, getting advice, having fun, dreaming . . . in other words, living. Get in shape for your next birthday. Water moves; it is at its best when it flows fresh and doesn’t stagnate. The body you move through life in needs a bit of daily maintenance to keep it running for a long time. Plus, exercise releases hormones that make us feel happy. Smile. A cheerful attitude is not only relaxing—it also helps make friends. It’s good to recognize the things that aren’t so great, but we should never forget what a privilege it is to be in the here and now in a world so full of possibilities. Reconnect with nature. Though most people live in cities these days, human beings are made to be part of the natural world. We should return to it often to recharge our batteries. Give thanks. To your ancestors, to nature, which provides you with the air you breathe and the food you eat, to your friends and family, to everything that brightens your days and makes you feel lucky to be alive. Spend a moment every day giving thanks, and you’ll watch your stockpile of happiness grow. Live in the moment. Stop regretting the past and fearing the future. Today is all you have. Make the most of it. Make it worth remembering. Follow your ikigai. There is a passion inside you, a unique talent that gives meaning to your days and drives you to share the best of yourself until the very end. If you don’t know what your ikigai is yet, as Viktor Frankl says, your mission is to discover it.

Collateral Capacity or Net Worth? If young Bill Gates had knocked on your door asking you to invest $10,000 in his new company, Microsoft, could you get your hands on the money? Collateral capacity is access to capital. Your net worth is irrelevant if you can’t access any of the money. Collateral capacity is my favorite wealth concept. It’s almost like having a Golden Goose! Collateral can help a borrower secure loans. It gives the lender the assurance that if the borrower defaults on the loan, the lender can repossess the collateral. For example, car loans are secured by cars, and mortgages are secured by homes. Your collateral capacity helps you to avoid or minimize unnecessary wealth transfers where possible, and accumulate an increasing pool of capital providing accessibility, control and uninterrupted compounding. It is the amount of money that you can access through collateralizing a loan against your money, allowing your money to continue earning interest and working for you. It’s very important to understand that accessibility, control and uninterrupted compounding are the key components of collateral capacity. It’s one thing to look good on paper, but when times get tough, assets that you can’t touch or can’t convert easily to cash, will do you little good. Three things affect your collateral capacity: ① The first is contributions into savings and investment accounts that you can access. It would be wise to keep feeding your Golden Goose. Often the lure of higher return potential also brings with it lack of liquidity. Make sure you maintain a good balance between long-term accounts and accounts that provide immediate liquidity and access. ② Second is the growth on the money from interest earned on the money you have in your account. Some assets earn compound interest and grow every year. Others either appreciate or depreciate. Some accounts could be worth a great deal but you have to sell or close them to access the money. That would be like killing your Golden Goose. Having access to money to make it through downtimes is an important factor in sustaining long-term growth. ③ Third is the reduction of any liens you may have against these accounts. As you pay off liens against your collateral positions, your collateral capacity will increase allowing you to access more capital in the future. The goose never quit laying golden eggs – uninterrupted compounding. Years ago, shortly after starting my first business, I laughed at a banker that told me I needed at least $25,000 in my business account in order to borrow $10,000. My business owner friends thought that was ridiculously funny too. We didn’t understand collateral capacity and quite a few other things about money.

The construct of retirement is dubious at best and a farce at worst. Expectations contrary to this are to be dashed.

America today is not the same nation as when you were born. Depending on your age, if you were born in America, your home nation was a significantly different land than it is today:   ·                    America didn’t allow aborting babies in the womb; ·                     Same sex marriage was not only illegal, no one ever talked about it, or even seriously considered the possibility; (“The speed and breadth of change (in the gay movement) has just been breathtaking.”, New York Times, June 21, 2009) ·                    Mass media was clean and non-offensive. Think of The I Love Lucy Show or The Walton Family, compared with what is aired today; ·                    The United States government did not take $500 million dollars every year from the taxpayers and give it to Planned Parenthood, the nation’s largest abortion provider. ·                    Videogames that glorify violence, cop killing and allow gamesters who have bought millions of copies, to have virtual sex with women before killing them, did not exist. ·                    Americans’ tax dollars did not fund Title X grants to Planned Parenthood who fund a website which features videos that show a “creepy guidance counselor who gives advice to teens on how to have (safe) sex and depict teens engaged in sex.” ·                    Americans didn’t owe $483,000 per household for unfunded retirement and health care obligations (Peter G. Peterson Foundation). ·                    The phrase “sound as a dollar” meant something. ·                    The Federal government’s debt was manageable.            American Christian missionaries who have been abroad for relatively short times say they find it hard to believe how far this nation has declined morally since they were last in the country. In just a two week period, not long ago, these events all occurred: the Iowa Supreme Court declared that same sex marriage was legal in the State; the President on a foreign tour declared that “we do not consider ourselves a Christian nation…” and a day later bowed before the King of the nation that supplied most of the 9/11 terrorists; Vermont became the first State to authorize same sex marriage by legislative action, as opposed to judicial dictate; the CEO of General Motors was fired by the federal government; an American ship was boarded and its crew captured by pirates for the first time in over 200 years; and a major Christian leader/author apologized on Larry King Live for supporting California’s Proposition 8 in defense of traditional marriage, reversing his earlier position. The pace of societal change is rapidly accelerating.

Thinking, Fast and Slow, mentioned above, and Dan Ariely’s Predictably Irrational. One of the handful of books that provides advice on making decisions better is Nudge by Richard Thaler and Cass Sunstein, which was written for “choice architects” in business and government who construct decision systems such as retirement plans or organ-donation policies. It has been used to improve government policies in the United States, Great Britain, and other countries.

Much to my discredit and shame, I had found that Iudas had taken my advice and hung himself. With a length of rope he went out to a high hill and did himself in. In the heat of the sun his insides burst over the valley floor, and now the locals are calling the place Hakeldama which means ‘the field of blood’’. Barabbas Bar Jesus gave up on the slavery business, fell in with the disciples, changed his name to Barnabas and went to Antioch to start a church. Tiberius Caesar being of great age and paranoia began bringing in people on various charges weather substantiated or not, starting with his advisors. With his popularity waning, Tiberius retired to the island of Capri and left his authority to General Sejanus who with great enthusiasm kept up with the treason trials.

Senator Warren questions SEC chair on broker reforms 525 words By Sarah N. Lynch WASHINGTON (Reuters) - Senator Elizabeth Warren said Friday that the Labor Department should press ahead with brokerage industry reforms, and not be deterred by the Securities and Exchange Commission's plans to adopt its own separate rules.    President Barack Obama, with frequent Wall Street critic Warren at his side, last month called on the Labor Department to quickly move forward to tighten brokerage standards on retirement advice, lending new momentum to a long-running effort to implement reforms aimed at reducing conflicts of interest and "hidden fees." But that effort could be complicated by a parallel track of reforms by the SEC, whose Chair Mary Jo White on Tuesday said she supported moving ahead with a similar effort to hold retail brokers to a higher "fiduciary" standard. "I want to see the Department of Labor go forward now," Warren told Reuters in an interview Friday. "There is no reason to wait for the SEC. There is no question that the Department of Labor has the authority to act to ensure that retirement advisers are serving the best interest of their clients." Warren said that while she has no concerns with the SEC moving forward to write its own rules, she fears its involvement may give Wall Street a hook to try to delay or water down a separate ongoing Labor Department effort to craft tough new rules governing how brokers dole out retirement advice. She also raised questions about White's decision to unveil her position at a conference hosted by the Securities Industry and Financial Markets Association (SIFMA), a trade group representing the interests of securities brokerage firms. Not only is the SEC the lead regulator for brokers, but unlike the Labor Department, it is also bound by law to preserve brokers' commission-based compensation in any new fiduciary rule.     "I was surprised that (Chair) White announced the rule at a conference hosted by an industry trade group that spent several years and millions of dollars lobbying members of Congress to block real action to fix the problem," Warren said. Warren, a Massachusetts Democrat who frequently challenges market regulators as too cozy with industry, stopped short of directly criticizing White. The SEC and SIFMA both declined to comment on Warren's comments. SIFMA has strongly opposed the Labor Department's efforts, fearing its rule will contain draconian measures that would cut broker profits, and in turn, force brokers to pull back from offering accounts and advice to American retirees. It has long advocated for the SEC to take the lead on a rule that would create a new uniform standard of care for brokers and advisers. The SEC has said it has been coordinating with the Labor Department on the rule-writing effort, but on Tuesday White also acknowledged that the two can still act independently of one another because they operate under different laws. The industry and reform advocates have been waiting now for years to see whether the SEC would move to tighten standards.     Warren expressed some skepticism on Friday about whether the SEC will ever in fact actually adopt a rule, saying that for years the agency has talked about taking action, but has not delivered. (Reporting by Sarah N. Lynch; Editing by Christian Plumb)

Our propensity to overvalue what we own is a basic human bias, and it reflects a more general tendency to fall in love with, and be overly optimistic about, anything that has to do with ourselves. Think about it - don't you feel that you are a better-than-average driver, are more likely to be able to afford retirement, and are less likely to suffer from high cholesterol, get a divorce, or get a parking ticket if you overstay your meter by a few minutes? This positivity bias, as psychologists call it, has another name: "The Lake Wobegone Effect", named after the fictional town in Garrison Keillor's popular radio series 'A Prairie Home Companion', In Lake Wobegone, according to Keillor, "all the women are strong, all the men are good-looking, and all the children are above average." I don't think we can become more accurate and objective in the way we think about our children and houses, but maybe we can realize that we have such biases and listen more carefully to the advice and feedback we get from the others.

There is a famous parable about a man who lived in a cottage by the sea. Every morning, the man went fishing and caught just enough fish for the day. Afterward, he would spend time playing with his son, take a siesta, and enjoy lunch with his family. In the evening, he and his wife would meet friends at a local bar, where they would tell stories, play music, and dance the night away. One day, a tourist saw the fisherman and his meager catch and asked, “Why do you only catch three or four fish?” “That is all my family needs for today,” the fisherman replied. But the tourist had gone to business school and could not help but offer advice: “You know, if you catch a few more fish and sell them at the market, you could make some extra money.” “Why would I want to do that?” the fisherman asked. “With the extra money you could save up and buy a boat. Then, you could catch even more fish, and make even more money, which you could use to buy an entire fleet of boats!” “Why would I need so many boats?” queried the fisherman. “Don’t you see? With a fleet of boats, you could sell more fish, and with the extra money, you could move to New York, run an international business and sell fish all over the world!” “And how long would this take?” the fisherman asked. “Maybe 10 or 20 years,” the businessman said. “Then what?” the fisherman said. “Then you could sell your company for millions, retire, buy a cottage by the sea, go fishing every morning, take a siesta every afternoon, enjoy lunch with your family, and spend the evenings with friends, playing music and dancing!” How many of us today are like this businessman, blindly chasing what has been in front of us all along?

Michel de Montaigne, a highly-educated French nobleman who retired from public duties and retreated to his family’s castle around 1570 to focus on his writing, is

the best financial advice in the world can't help the person who doesn't ever get started.

The ten rules of ikigai We’ll conclude this journey with ten rules we’ve distilled from the wisdom of the long-living residents of Ogimi: 1. Stay active; don’t retire. Those who give up the things they love doing and do well lose their purpose in life. That’s why it’s so important to keep doing things of value, making progress, bringing beauty or utility to others, helping out, and shaping the world around you, even after your “official” professional activity has ended. 2. Take it slow. Being in a hurry is inversely proportional to quality of life. As the old saying goes, “Walk slowly and you’ll go far.” When we leave urgency behind, life and time take on new meaning. 3. Don’t fill your stomach. Less is more when it comes to eating for long life, too. According to the 80 percent rule, in order to stay healthier longer, we should eat a little less than our hunger demands instead of stuffing ourselves. 4. Surround yourself with good friends. Friends are the best medicine, there for confiding worries over a good chat, sharing stories that brighten your day, getting advice, having fun, dreaming … in other words, living. 5. Get in shape for your next birthday. Water moves; it is at its best when it flows fresh and doesn’t stagnate. The body you move through life in needs a bit of daily maintenance to keep it running for a long time. Plus, exercise releases hormones that make us feel happy. 6. Smile. A cheerful attitude is not only relaxing—it also helps make friends. It’s good to recognize the things that aren’t so great, but we should never forget what a privilege it is to be in the here and now in a world so full of possibilities. 7. Reconnect with nature. Though most people live in cities these days, human beings are made to be part of the natural world. We should return to it often to recharge our batteries. 8. Give thanks. To your ancestors, to nature, which provides you with the air you breathe and the food you eat, to your friends and family, to everything that brightens your days and makes you feel lucky to be alive. Spend a moment every day giving thanks, and you’ll watch your stockpile of happiness grow. 9. Live in the moment. Stop regretting the past and fearing the future. Today is all you have. Make the most of it. Make it worth remembering. 10. Follow your ikigai. There is a passion inside you, a unique talent that gives meaning to your days and drives you to share the best of yourself until the very end. If you don’t know what your ikigai is yet, as Viktor Frankl says, your mission is to discover it.

I spun around at the door. “Yes?” “Word of advice,” he said. “Gem had nothing to do with this. Not to mention, Alastair contributes generously to the police department every year.” “What’s that supposed to mean?” Wes cracked his knuckles, then winced and shook out his hand. “Alastair Gem is not a man you want to offend.” Chapter 9 “Iexpect you’ll fill me in,” Jimmy said as I climbed back into the car. “Dare I suggest it be over a bucket of chicken?” I swerved into the left lane and put on my blinker for The Chicken Hut, a fried food joint near the station. We crawled through the drive thru line and put in our orders. A king-sized pail for Jimmy, a queen for me. A few minutes later, the tantalizing smell of fried chicken was working its way into the car’s upholstery. Jimmy had shiny fingers by the time we returned to the station parking lot. He mopped his chin with a napkin. “I’m ready to hear the details whenever you’re done with that wing.” I sighed, tossing the wing back into the bucket. I wasn’t all that hungry. It was hard to care much about food when a case consumed me. “My sister brought Wes home last night,” I said. “Like, on a date. Wes Remington—the manager of Rubies—was at my house. Rubies is Alastair Gem’s latest venture.” “No kidding? That’s neat.” “What’s neat?” “Gem is like the Tony Stark of the Twin Cities. His latest restaurant has the best food I’ve ever tasted—it set me back a year into retirement to eat there, though. Now I hear he’s got an Emerald hotel coming soon that’s gonna cost two grand a pop for a night. That man is rich, powerful, and handsome. The rest of us don’t stand a chance.” “I beg to differ,” I said. “Anyone who is that rich, handsome, and powerful has secrets to hide.” Jimmy shrugged. “Probably. Still doesn’t mean I wouldn’t date him, and I’m a happily married straight man.” “As it turns out, Wes doesn’t have an alibi for the night of the murder. He says he was upstairs working, but we don’t have anyone who can confirm it.” “Do you like him for Jane Doe’s murder?” I licked my fingers. “It’s too early to tell. My head says yes. He’s new to town and had easy access to the victim. But I don’t have any clue as to a motive. Why would he grab her specifically?” “We’re looking for a serial killer. Is there any saying why they do what they do?” “Maybe not,” I agreed. “But my gut’s telling me Wes isn’t our guy. He seemed...

What John Ayers was doing seemed routine. But to the few who knew, and watched, it was a thing of beauty. The ball is snapped and John Ayers sees Taylor coming, and slides quickly back one step and to his left. And as he slides, he steps to meet his future. He’s stepping into 1985, when the turf will be fast and he won’t be able to deal with Lawrence Taylor…. Another quick step, back and left, and it’s 1986, and he’s injured and on the sidelines when the Giants send Joe Montana to the hospital and the 49ers home on the way to their own Super Bowl victory…. A third quick step and he crouches like one power forward denying another access to the hoop. But now it’s 1987 and Coach Bill Walsh is advising John Ayers to retire. Ayers ignores the advice and then learns that Walsh won’t invite him back to training camp…. He takes his final quick step back and left and times his blow, to stop dead in his tracks the most terrifying force ever launched at an NFL quarterback. “I don’t think I’ve ever played against a football player who had more drive and intensity to get to the quarterback,” John Ayers will say, after it’s all over, and he’s been given the game ball by his teammates. “It was almost like he was possessed.”…But now it’s 1995, and John Ayers has just died of cancer, at forty-two, and left behind a wife and two children. Joe Montana charters a plane to fly a dozen teammates to Amarillo, Texas, to serve as pall-bearers. At the funeral of John Ayers the letter of tribute from Bill Walsh is read aloud.

percent state tax. The 40 percent paid internationally creates a foreign tax credit that should

Secure Man VS Vulnerable Man A secure man is someone who can identify their own weaknesses and improve. He can accept his flaws and maintain his self esteem. He knows his journey is never over, so he always strives for more. He lends strength to others needing a helping hand. He prefers to take the hard right over the easy wrong. He can handle constructive criticism without bitterness. He can provide for himself and his family. He can set goals for himself knowing one day he can achieve them. He is a multitasker. He doesn't make decisions just for the moment; He makes decisions that he knows will benefit and effect his whole life. If this man makes a mistake he will hold himself responsible and correct his mistake. He has confidence in himself and holds no one else accountable for his happiness and/or peace of mind. A sincere understanding of empathy for others, a sense of humility, and humbleness are reinforcing characteristics of this man. A secure man has faith in the Lord. A vulnerable man is someone who depends on others. He can not accomplish routine tasks or deliver on his own. He is always asking for a helping hand and has little or no self esteem. He lives for the moment without a life plan. He doesn't set lifetime goals. A vulnerable man is either too arrogant and ignorant to notice when somebody is trying to help him, so he rebels against those closest to him. A vulnerable man gets angry when things doesn't go his way. He doesn't only complain, he also complains about what others aren't doing for him. He can't provide for himself or others. You can never go to him for advice or will he extend a hand of help to others without wanting something in return. A vulnerable man can not make a decision and lives a reactive life instead of a proactive one. He knows right from wrong...but still decides to go the wrong way because it's the easiest. A vulnerable man seeks an enabler one who will bail them out time and time again. Others notices his individual weaknesses...However he chooses a life of denial and deflection. This man believes it is always someone else's fault and feels entitled to others hard work and efforts. A vulnerable man has no faith in a higher power and thinks he'll never have to answer for the choices made in their life.-27 September 2012-

If you have been following my advice for years, you are well aware that I think a Roth IRA is the best retirement account you can have.

I had discovered the recipe in a book in the basement just last week, had devoured its advice and warnings about beauty, and instructions for potpourri, herbal masks, and beauty soaks. The stern Victorian words, capitalized and underscored: The Young Lady is advised to retire to the Privacy of her own toiletry with only the company of her Maid to assist in the Beauty Episode. When I had leafed through the yellowed, musty pages, a pressed pansy, as brittle and brown as a moth's wing, had zigzagged to the floor in a papery flurry.

Professional investment advisers are best at providing other valuable services, including asset allocation guidance, information on tax considerations, and advice on how much to save while you work and how much to spend when you retire. Further, most advisers are always there to consult with you about the financial markets.

Your plan should be very simple. Do two things that are useful and two that are beneficial.

My retirement and your retirement are as unique as we are. I came back from a road trip today very confused and a little disappointed. I visited the same four spots I did a year ago. I expected the experience to be as exciting as it was the first time. But it wasn’t. Then I realized it wasn’t the places that had changed, it was me. This may happen to you, too. Examine your expectations and you will grow from your experiences in retirement.

My dad told me not to think I know the future. He reminded me that retired people save money to live a life in retirement differently from the way they lived life while working. He also said, some men prefer not to retire because they think it means they have outlived their usefulness. Most men, including myself, no longer feel this way. They view retirement as an accomplishment and a reward. I don’t know why I thought about the past, while having a conversation about the future. This, too was a surprise.

Create a list of what you do—and don’t—eat and drink. Advice on what to eat is its own industry—and a particularly unregulated one. The blizzard of advice can make it hard to separate fads from science, which suggests that common sense is a good starting point. You already know the fundamentals: avoid “bad” fats, lighten up on the carbs, eat fresh fruits and vegetables, and go easy on the meat.

One of the main reasons traditional retirement and personal finance advice is so limiting is because it is based on the false assumption that money is limited. The vast majority of personal finance advice out there is focused on cutting back and spending less and doesn’t acknowledge the simple truth that money is limited only if you don’t try to make more of it.

Those are just examples; my advice is to search for the lowest-cost Treasury options at whatever brokerage you have your money with. Just remember: With a mutual fund you never should pay any sales commission, called a load. And check whether your brokerage offers Treasury ETFs that you can buy and sell without paying a sales commission.

Pop quiz: What is the best predictor of the size of a retirement nest egg? What’s that you say, performance? Wrong! I’m sorry but the correct answer was “deferral rate,” but thanks for playing. The way that goals-based investing increases deferral rates (and thus, wallet share) is by couching investment in terms of personal meaning… Rather than speaking in sterile terms that rob wealth of its holistic meaning, use your goals as the benchmark and see how much easier saving becomes.

When asked on retirement what advice he would give to budding entrepreneurs, Conrad Hilton, founder of the eponymous hotel chain, told them to sweat the small stuff with a memorable one-liner: “Don’t forget to tuck the shower curtain in the bath.” When Sir Richard Branson visits any of the three hundred businesses in his Virgin empire, he makes a note of every small failing that catches his eye, from a dirty carpet in an airplane cabin to an employee using the wrong tone of voice in a call center. “[The] only difference between merely satisfactory delivery and great delivery is attention to detail,” he wrote recently. “Delivery is not just limited to the company’s first day: employees across the business should be focusing on getting it right all day, every day.

Hydoski and a few others supported Harris’s view, even as another point kept being brought up: legal advice from the insurance company. If Harris apologized, “we admit liability,” putting the church’s financial standing, ability to secure loans, maintain property, and pastors’ retirement accounts at risk if Covenant Life was found liable.

If you have less than $100,000 in your traditional IRA: Keep investing in your IRA, but once you get within 10 years of retirement, consider reducing your IRA contribution by 50% and use that money to pay down your mortgage. For example, let’s say you are contributing $500 a month to your IRA. My advice is to reduce that to $250 a month and then put the remaining $250 into accelerating your mortgage payments.

Reading the book of Proverbs on child rearing is like paying good money for financial advice and being told after ten sessions, “Here’s what I’ve come up with. Invest your money wisely, and you will be set for retirement.” I was hoping for stock tips.

We had made the exciting discovery that our lives do not need to be limited to past experiences. The future could be challenging and fulfilling as well.

Thaddeus kept his own council, but at the end of the second week, it was eating at him. Adopting a casual tone, he asked Eve, “Where’s Esmeralda been?” Eve looked up from her reading. “She’s around. She came by yesterday.” Thaddeus stroked his chin and said, “Hmm, I haven’t seen her.” Eve returned her attention to her book but added softly, “She’s growing up, Thaddeus. Perhaps that crush she’s always had on you has finally run its course.” It was the most personal observation she ever made to him, and he caught the significance. Not bothering to deny her words, he said, “One can only hope that it has.” “Can one?” She stood, for once ready to retire before she fell asleep in her chair. “I think to be loved by anyone is special, Thaddeus. You’d do well not to wish it away.” She patted his shoulder. “Good night." —Thaddeus ben Todd and Eve ben Medford

Many retirees—and those on the cusp of retirement—learned a harsh lesson in 2008. They need not have suffered that way if only the proper advice had reached their ears. I want to do my part to remedy that situation so that millions of retirees can remain securely on the path to prosperity.

Retirement Lifestyle Planning There are four (4) major financial questions that you must be able to answer in order to know if your current or future plan will work for you. What rate of return do you have to earn on your savings and investment dollars to be able to retire at your current standard of living and have your money last through your life expectancy? How much do you need to save on a monthly or annual basis to be able to retire at your current standard of living and your money last your life expectancy? Doing what you are currently doing, how long will you have to work to be able to retire and live your current lifestyle till life expectancy? If you don’t do anything different than you are doing today, how much will you have to reduce your standard of livingat retirement for your money to last your life expectancy? Motto for Retirement Lifestyle Planning A solid financial plan is a powerful possession that offers a sense of peace and freedom. Our process allows us to determine appropriate strategies and help you understand how to achieve your goals and live your dreams. Our process stresses informed financial decision making. We encourage you to review all decisions with your team of tax and legal professionals. For the record, we are not tax or legal professionals and this information is not intended as tax or legal advice. Now we’d like to remind you that a well-executed financial plan requires diverse knowledge and utilizes some or all of the following strategies and services: -Retirement Lifestyle Planning Making the most of your employer-sponsored retirement plans and IRAs. Determining how much you need to retire comfortably. Managing assets before and during retirement including Social Security analysis. -Estate Planning Referring you to qualified Estate Attorneys to review your wills and trusts to help preserve your estate for your intended heirs by helping with beneficiary designations. Reducing exposure to estate taxes and probate costs. Coordinating with your tax and legal advisors. -Tax Management Helping to reduce your current and future tax burden by considering multiple strategies for review by your tax professional.Also, referring you to qualified tax specialists if needed. -Legacy Planning/Charitable Planning Creating a solid future for generations to come by ensuring that your legacy will live on through those you love or causes you care deeply about. -Risk Management Reviewing existing insurance policies. Recommending policy changes when appropriate. Finding the best policy for your individual wants and needs. -Investment Planning Determining your asset allocation needs. Helping you understand your risk tolerance. Recommending the appropriate investment vehicles to help you reach and exceed your goals.

Business Owner Planning Business owners have additional and complex Retirement Planning needs. Counting only on the sale of your business requires tremendous luck and success. If business owners consider the business as simply one asset among many, then they should seriously consider additional assets such as: -Executive Bonus Arrangements -Nonqualified deferred compensation plans -Qualified retirement plans -General investment portfolio Motto for Business Owner Planning As I look back on thirteen years of entrepreneurship, I can see that the best and smartest thing to do is to have a plan with the end in mind and you in mind. The time still goes by and time is expensive. That sentence is really a whole book and you should or will understand sooner than later, hopefully. That would have looked like business succession planning. Proper business succession planning requires sound preparation in order to have a smooth and equitable transition. Financial, tax and legal planning are all necessary for a success.

Your Personal Economic Model One tool we use when discussing the best course of action to secure your financial future is the Personal Economic Model®. Just as a medical doctor would use an anatomical model to convey medical concepts, we use the following model to convey financial concepts. This model offers a visual representation of the way money flows through your hands. On the left, you will notice the Lifetime Capital Potential tank, which illustrates that the amount of money you will control during your lifetime is both large, as well as finite. Most people are shocked to see how much money can flow through their hands in their lifetime. Once earned, your money flows directly to the Tax Filter where the state and federal governments take tax dollars owed from your paycheck. The after tax dollars are then directed to either your Current Lifestyle or your Future Lifestyle. Your management of the Lifestyle Regulator determines where these dollars go. Regulating the cash flow between your current lifestyle desires and your future lifestyle requirements may be the most important financial decision you will ever make. Here’s why. Each and every dollar that is allowed to flow through to your Current Lifestyle is consumed and gone forever. The goal is to accumulate enough money in the Savings and Investment tanks so that when you retire, the dollars in those tanks can be used to pay for your future lifestyle requirements. Retirement planning seems hard for most people to do but it is not rocket science. The best position, position A, would be to have enough in the tanks so that you can live in the future like you live today adjusted for inflation and have your money last at least to your life expectancy. That’s a win, but the icing on the cake would be to accomplish that with little to no impact on your present standard of living, and that is exactly what we strive to help our clients to do. Working with us can help you with the following: Optimize the balance between your Current and Future Lifestyles Identify inefficiencies in your current personal economic model (where are you losing money) Design, implement, and execute a plan to secure your financial future Limit the impact on your Current Lifestyle dollars (maintain your current standard of living)

Zero Line Spender, Saver, Wealth Creator Your financial personality type determines your financial position in life. Let’s say there is a zero financial line that represents a position where you owe nothing and have nothing. Perhaps you can remember those days getting started on your own. So, let us assume you just graduated from college and you’re one of the lucky few who graduated at the zero line, you owe nothing. Pretty amazing considering that in 2013, the debt on student loans exceeded all credit card debt owed in America. But fortunately, you made it out free and clear to the zero line. You’re a “Spender” so you go to the showroom and pick one out. With your job and the car as collateral, you get a car loan and you drop below the zero line. You lifestyle gets more and more expensive and since you are a ‘Spender” you probably take on credit card debt to help finance your lifestyle desires. You are constantly working your way back to becoming a zero, financially speaking. Then, you get married and now there are two in debt working their way back to zero. Eventually, children come along, and the odds of being able to put away enough money to pay your debt and interest and live on the top side of the zero line are becoming virtually impossible. Unfortunately, many Americans live in this position with little or no chance of ever living debt free. When something comes along that requires their savings, they must deplete their funds in order to avoid paying interest and then they must start saving again for their next expense. They are constantly returning to the zero line. The money they have accumulated is compounding interest, giving them uninterrupted growth. Having access to capital allows them to negotiate more favorable loans by collateralizing against their accounts rather than depleting them. They make payments to the lending institution with dollars from their current cash flow, protecting the growth of the money they have saved and invested for their future. Saving and investing with uninterrupted compounding is an important wealth concept for moving further and further away from the zero line.

Tax-Deferred does not mean Tax-Free It never ceases to amaze me when I meet with people who do not know that tax-deferred does not mean tax-free. You mean I have to pay taxes when I take this money!? This is not all mine!? These are common remarks I hear as we are looking at their most recent retirement account statement. Somehow this consideration was missed when they enrolled in the savings plan and each year when they postponed the tax when filing their tax return. I am not a tax professional but I can understand how an accountant or tax preparer wouldn’t think to make sure the client understands that they are postponing taxes and the tax calculation during their working years. I met an accountant that expressed how difficult it is when he gets the client that believed they were ready to leave work only to find out that because of taxes they are coming up a little or a lot short. This happened to one of my relatives that worked at least 30 years as an x-ray technician and then supervisor at a very large hospital. While working, they always had the nice houses, the nice cars, and a nice upper-middle class lifestyle, nothing fancy. After he retired and even though his wife still worked as a school principal, he had to take a sales clerk job at a nearby liquor store so that his family could maintain their lifestyle. I will never forget other relatives joking and laughing about him miscalculating his retirement. I’m certain that his unsuccessful retirement and that of other relatives influenced my interest in retirement planning if for no one else but me. With a limited amount of retirement income, most retirees would prefer to keep their dollars rather than give them to Uncle Sam. Even those with an unlimited source of funds don’t want to pay more taxes than necessary. Fortunately, there are some ways to decrease your tax burden once you’ve done the obvious work of ensuring you’ve taken all the deductions and credits to which you’re entitled when you file your taxes.

I think I had two choices: I could either work a nine-to-five job and just get by until I retired, or I could write. There isn’t anything else I’m passionate about enough to put this much work into.

It doesn’t matter anyway,” Polly said. “I already gave Reid’s office my best advice.” “What was that?” I asked. “Tell him to stop saying stupid things,” she said. “What did they say?” “They asked me what my second-best advice was. I said, ‘Retirement,’ and they hung up.

The sisters' acquaintance Madam Nell Kimball recalled the sage advice of her aunt Letty, a retired courtesan: “Every girl, if only she knew it, is sitting on her fortune.

At the young age of thirty-two, retirement is not much of a consideration, but when considering a thirty-year transaction it should be.

This growing global mobility of capital, then, is coupled with the fact that outstanding individuals of all types, whether they are from a small village in India with only dirt roads or from a privileged background in London, are being sought out by companies and organizations and asked to relocate—often to the United States, which is still the world's strongest economic engine.

In retirement, Washington devoted himself to animal husbandry, farming, the cultivation of his gardens; did his best to entertain and oblige the many friends and admirers who came to pay their respects or others seeking information or advice.

When an individual is in pain, the orders are bed rest and/or surgery and/or stabilization of the area through bracing and/or fusion and/or muscle strengthening. These are the very opposite approaches to take regarding healing. The appropriate therapy is to defeat fear and to become happier, more involved, and more productive. This isn’t easy—but it’s well worth the effort. The truth be told, people feel sorry for themselves, and so they often unknowingly place themselves in pain and dis-ease for attention or self-pity. Their anger then seeks out any previously abused area of the body or any newly recommended center of focus and attention as new modern diseases multiply as needed. People who are aware and fearing of their aging, naturally begin to feel sorrier for themselves. People losing their looks or status (retirement) are depressed—greatly enraged by the anticipation of their own fate (aging, death); through self-sorrow, self-pity, and anger, they take their fear and frustration out on their own bodies. We live as our very will directs us.

Bernie Madoff’s firm did not use an independent custodian. Enough said. 4. Are your clients similar to me? If your adviser’s typical client is worth $1 million or more, and you aren’t rich, think twice. Your adviser may lean toward advice more suited to his or her richest clients. 5. What services do you provide? If the adviser’s primary service is investment advice, and you want a complete financial plan, this adviser is unlikely to be a good match. 6. Do you act in a fiduciary capacity toward your clients? Leave fast if the adviser doesn’t say yes. You

Six critical questions to ask your Guy 1. How are you paid? Fee-only advisers receive no compensation from the sale of investment products. All others do. You can’t count on an adviser who gets a significant portion of their pay in sales commissions. Period. Leave if they are not fee-only. 2. Do you have any conflicts of interest that influence the advice you provide? Financial advisers who are registered representatives get paid to sell insurance or annuity products promoted by their brokers. Ask how they choose the investments they recommend. Ask them directly how they are paid. 3. Will my assets be housed with an independent custodian—that is, a bank that is not selling the investment products? “Yes” is the only acceptable answer here.

In The Highly Sensitive Person, Elaine N. Aron, PhD, writes that finding the right vocation for the HSP is the hottest topic in her seminars. This makes perfect sense since a large group of chronic pain sufferers are either unemployed, working part time, hate their jobs, or have recently been forced to leave their jobs, or retired. They don’t know how to move forward—in career-coma—feeling unproductive and empty. Aron explains that HSPs “don’t thrive on long hours, stress, and overstimulating work environments.” Their difficulty in finding a satisfying endeavor stems from “their not appreciating their role, style, and potential contribution.” These people are often gifted artists or writers, teachers, consultants, counselors—people of great intuitive talents stuck in mundane and externally draining environments. They only find true satisfaction when matched with the right career—only truly happy when they are “liberated” from the first half of their lives and finally begin listening to their own voices. Aron continues, “Being so eager to please, we’re not easy to liberate. We’re too aware of what others need…. Often their intuition gives them a clearer picture of what needs to be done. Thus, many HSPs choose vocations of service.

A very common and very good piece of career advice is not to work to earn money but to work to learn new skills, gain new connections, and create new opportunities.