Retirement With Financial Nimbility

  In the first part of this series on nimbility, we wrote about Mental Nimbility. Today we are going to address Financial Nimbility.   One of our tasks as an advisory team is to stage wealth. We have never sat down with clients and created sectors from their finances to determine which one to liquidate first, and second, and so on. Nonetheless, we do have an internal process to determine the most efficient method for each client to access their wealth throughout each stage of life.  
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Why Being Aware of Your Cash Flow Is Important

  Elton John, Michael Jackson, Mike Tyson and Cyndi Lauper. What do they all have in common? They all filed for bankruptcy. We do not want to bring up famous bankruptcies to scare you. We want to show examples of people who made millions of dollars but did not know (or want to know) that their lifestyles were costing them more than what they were making. It doesn't matter how much money you make or have saved as a nest egg if the outflow is higher than the inflow, sooner or later the money will dry up.  
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Retirement With Mental Nimbility

  People need to have the ability to stay nimble in retirement-nimbility! This is the first article in a three-series post to discuss this topic.   Many of the people we serve have spoken and unspoken worries about Alzheimer’s and other related mental illnesses. They worry about losing it... whatever “it” might be. Elaine and I are in our early 60’s, but we have already given our children permission to confront either of us if they get any inkling that we are “losing it.” It can be very tough to see yourself beginning to decline mentally.  
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Is Your Business Creating True Wealth for You?

“You want to know the best part about startups?” - “What?” - “You only ever experience two emotions: euphoria and terror. I find that lack of sleep enhances them both.” This was a conversation between Marc Andreessen and Ben Horowitz in Horowitz’s book, The Hard Thing About Hard Things¹ when they were leading Loudcloud during the depths of the bursting of the tech bubble. Since that time the two have teamed up on a number of ventures and currently manage the wildly successful venture capital firm of Andreessen-Horowitz.
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The Role of Social Security in a Divorce

Even after finalizing a divorce, the planning is not over. It is time for Social Security benefits to play their role. The "who is entitled to what Social Security benefit and when" can add yet another layer to the complexity of a divorce in the years to come.
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