How Much Should I Save in an Emergency Fund?
The recent U.S. government shut down reminds us that we all need to be prepared for financial shocks in the form of loss of income or unexpected large expenses.
Chia-Li Chien, Ph.D., CFP®, PMP®, CPBC
Chia-Li Chien, Ph.D., CFP®, PMP®, CPBC, is a Succession Program Director at Value Growth Institute. Before her starting her consulting practice, she held several senior management positions in Fortune 500 companies, including Diageo, ABB, CIGNA, and RSA Insurance Group. Dr. Chien is a frequent speaker about succession planning at national conferences and has published three award-winning books, including her most recent publication, “Enhancing Retirement Success Rates in the United States.” She publishes research on succession topics in a variety of academic and practitioner research journals. Dr. Chien serves on the boards of various national financial service associations. She holds a doctorate in financial planning and is a Certified Financial Planner (CFP®) as well as Project Management Professional (PMP®). Dr. Chien is an Assistant Professor and Director of the Financial Planning Program of California Lutheran University.
Time and Goals
We all have the same amount of time each year. Wise use of time for life planning, be it for career advancement goals or vacations, can enhance success and satisfaction in life.
Three Misconceptions about Exit Strategies
Profit and cash flow in a business are compared to food and oxygen in a human. Business owners may focus on the wrong things when preparing for exit and three popular misconceptions are discussed.
What “Succession” Means
Recommending life insurance to minimize liabilities and provide for business continuity for business owner/operators is no substitute for a comprehensive financial or succession plan.
Start-up in Your 50s? Think Again
A recent MIT/U.S. Census Bureau study finds more successful business exits among start-up founders aged in their 50s, but the author cautions against misconstrued study results
Reaching Goals through Strategic Networking and Good Work Habits
Financial services executive Sandy Brown speaking at California Lutheran University shared secrets of her success and advice for others to get ahead. Strategic networking is key.