Lifetime Financial is a boutique financial planning service for non-profit professionals that want expert financial answers about retirement, college planning, investing, and insurance. Lifetime Financial helps you build the financial support to lead your best life.
Lifetime Financial LLC
7000 Carroll Ave Ste 201A
Takoma Park MD 20912
202-350-1515
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All tagged life planning
Imagine you pass away and leave $75,000 in a bank account (approximately the median inheritance for the 50th-90th percentile of total wealth.) That sum represents money you didn't you didn't need to earn, right? Effectively, says author of 'Die with Zero' Bill Perkins, you worked for 'free'. I would add you might have missed out on experiences (like travel) . You could have taken an amazing safari or two with that money!
My favorite book last year was the “The Myths of Happiness” by Sonja Lyubomirsky. In a year end ‘best of’ post, the website and magazine Financial Planning featured my book choice along with the favorite titles of a dozen other planners. Having come through my own tough life events, I opened this practice wanting to help people on a deep level.
Six documents you and your loved ones need to help navigate life as you age. Do you have them all? If you said ‘no,’ you are not alone. The number of Americans with a will continues to decrease and is now well below half, 31% according to one survey, and presumably some of those are outdated. The reasons so few Americans have wills are obvious: it feels complex and expensive (it isn't) and it causes an existential crisis (doesn't have to.)
I want to travel more with my girls and one of the things we love is to scuba dive. So, I made the decision to go with both on a trip last summer. It felt financially scary because my risk-averse brain was telling me not to take a not-cheap vacation right then.
But I treasure the time spent traveling with them more than anything on the planet. Travel is what we do, it’s our identity. As my coach said: “What possibly could get in the way of something that important?”
