We’ve been doing something in the hopes of helping you. We’ve been talking about how to have “the money talk” with your adult children as beneficiaries. In doing this, however, we made a huge assumption: that your kids were ready for this discussion. If it turns out that your hard work to “button things up” has backfired by their resistance, tune in to this episode. There are both emotional and logistical reasons they aren’t ready. MarketWatch contributor Richard Watts sums it up perfectly: “Money is like a narcotic; a little more is always welcome, and the last amount never quite fills your present need. Give your children enough that they do something, but not so much that they do nothing.” There are many options available to create this balance. Tune in to find out more.
You may have a retirement account, but do you have a financial plan? The difference between the two is accumulation and deciding how to use what you have accumulated. At Prout Financial Design, we have incredibly sophisticated financial planning software that will help you navigate your financial future with a sense of control and purpose. Join Dennis and Jeannie Thaxton in this episode as they discuss why creating a financial plan could help relieve some of your anxiety moving forward.