Retirement is often seen as the final chapter in one's professional life, a time to relax and step back from the demands of a full-time career. But what if retirement could be more than just an end? What if it could be a new beginning, an opportunity to redefine what work and satisfaction mean to us?
Smart retirement planning involves cutting unnecessary costs, conquering debt, living within means, preparing for healthcare expenses, investing wisely, creating an emergency fund, and considering downsizing. This strategic approach ensures a financially secure and enjoyable retirement.
Dr. Chia-Li Chien's insights from the "Maximizing Retirement Success: Beyond Assets and Liabilities" session. It underscores the significance of adopting a holistic approach to retirement planning, moving beyond traditional asset accumulation. Dr. Jane emphasizes the potential of underutilized assets like home equity and human capital while advocating for the strategic use of reverse mortgages. The session provides financial planners...
Explore the complexities of US real estate investment for non-US persons. This detailed analysis navigates legal intricacies, tax obligations, and strategic planning for global investors. Gain insights into FIRPTA, estate, and gift tax considerations, and learn comprehensive strategies to optimize cross-border real estate investments and wealth management.
Mental health is a factor in making a financial decision. Making financial decisions based solely on mathematical calculations of costs and savings is not always the most prudent choice if the risk to one’s mental health is too great to justify the savings. The article uses a real-world example to demonstrate how the analysis might be done to determine...
In the lifecycle of financial planning, coaching and counseling are similar in approach but serve different purposes. Dr. Chien talked with coaching experts Saundra Davis who helps us see how financial planning practitioners can improve their practices and service to clients with specialty services.
