What drives your financial decisions? Is it Greed? Fear? Common sense? Some Psychologists say that most people make most financial decisions in that order. The highest percentage starting with Greed, then Fear, and finally, common sense. It has been my experience that that order may very well be correct. Let's discuss each of these: [...]
What is financial fear? How do you overcome it?
Every day I hear from those who come into my office four fears: 1. The fear of outliving my money 2. The fear of having to put off retirement 3. The fear of having to go back to work 4. The fear of having to cut back on my lifestyle These are genuine concerns and [...]
Baby boomers are afraid of more than not being able to retire comfortably. They’re also afraid they won’t be able to afford necessary health care or even making ends meet. And as if that’s not enough, they’re also worried that their kids (or grandkids) will be moving back home.