Keen On Retirement

Coulda. Shoulda. Woulda. Three words we never want to hear from our Keen Wealth clients who are well into their retirements. And, I’m happy to say, three words we don’t hear very often! But we do work with retirees who tell us that there are things they wish they’d done differently. What’s interesting is that the major retirement regrets that clients share don’t really have to do with how their financial planning played out. Instead, these folks regret decisions they did, and didn’t, make that impacted how they lived in retirement.

At Keen Wealth, we believe that financial planning isn’t just about money. It’s about using your money to live the best, most fulfilling, and happiest life you can.

How much about mom and dad’s financial picture should the kids be aware of? And when do kids need to know numbers and other hard details instead of just generalities?

A few times every year a new client walks into Keen Wealth so excited to start planning and saving that they think they’ve already done the work for me! They show me this big, beautiful spreadsheet they’ve put together that has everything: salaries, assets, liabilities, cash in the bank, investment accounts, their whole financial picture.

Social media is an invaluable tool for getting information, keeping in touch with our loved ones, and breaking up our days with a quick hit of entertainment. But the flipside to clicking through all those Facebook posts and vacation photos is, inevitably, we start comparing what we have and how we’re living to the people we follow.

When love is in the air, some folks have a tendency to lose their heads. That can be fun if you’re planning to sweep your loved one off his or her feet this Valentine’s Day. But when it comes to your finances, letting your heart get in the way of your head can lead to some serious problems. Forget about killing the romance – if couples wearing rose-tinted glasses aren’t careful, these money mistakes can kill their financial future.