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Extended Family Issue: Special Needs Planning Raising a family is challenging under any circumstances, but for parents with special needs children the stakes are dramatically higher because the parenting responsibilities may last the child’s entire life. This reality can be overwhelming, both emotionally and

Nuclear Family Financial Models, Extended Family Realities Look at this picture of the silver-haired couple. It is a stock photo, one that could be used as the advertising background for any number of products or services. But since this is a newsletter about personal

HOW WILL THE ‘GREAT RECESSION’ CHANGE YOUR PERCEPTION? When it comes to money, the financial climate in which you grew up can have a life-long impact on your financial perceptions and behavior. The influence appears to be particularly strong if the financial events are

RETIREMENT INCOME INSURANCE: How to Make the Key Factor More Than Just a Guess “What’s my number? – That is, how much do I need to retire?” These are pressing questions for individuals whose major financial objective is saving for retirement. And no matter

A typical method of monetizing real estate assets is taking a loan against the equity. But most monetizing strategies that involve conventional borrowing come with the obligation of regular scheduled repayments. A reverse mortgage is a unique monetization-by-borrowing agreement that offers flexible and deferred

In the Internet age, it’s easy for everyone to have a voice, but only a few people have figured out how to get paid for speaking. Those brilliant postings on politics, incisive critiques of entertainment, passionate rants about your favorite sports teams, or hilarious

“Principle: A basic truth, law, or assumption. A fixed or predetermined policy or mode of action.” – American Heritage Dictionary In a recent survey, our readers expressed an interest in nuts-and-bolts advice. We’ve also been exploring Prosperity Thinkers, Inc.’s 7 Principles of Prosperity. Today,

“Cash is King.” – Anonymous The fourth Principle of Prosperity is FLOW. We teach our clients to focus on cash flow, not simply (or even primarily) net worth. In a “typical” financial planning environment, the goal is to build net worth vs. cash flow.