Keen On Retirement™

Our thoughts are with everyone affected by the storms that hit the Midwest recently. In particular, the mile-wide tornado that tore through Linwood, KS was a sobering reminder that we’re going to be dealing with peak tornado season for at least a few more weeks, as well as ongoing concerns about flooding as our rivers continue to swell. You know our mantra at Keen Wealth when it comes to your finances and your life: plan ahead. And in our part of the country, tornado and flood prep has to be a part of that larger picture. Take a moment to go through these important tips that will help protect you, your family, your home, and your money.

In finance, as in life, it’s never a good idea to generalize. However, in my experience as a fiduciary advisor, there are some generalizations that you have to discuss openly in order to provide your clients with the information they need.

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.