When we plan for the future, it’s easy to think that we’re planning for a future that’s similar to the present. But think about how much the world has changed in your own lifetime. Or in the past 50 or 100 years. What will happen in the next 20 or 50 years? This is the context in which we need to plan our long-term future.
In this article, I encourage you to build your own financial plan. I also introduce an innovative new service through my business, Fairhaven Wealth: financial Warrants of Fitness (WOFs). For more information about this service, visit www.fairhavenwealth.co.nz/financial-wof
A recent headline from the NZ Herald: “Want a comfortable retirement? You’ll need $101k by age 30” The first paragraph: “People who want to have choices in retirement...
When many people think of what a drowning person looks like, they think of the Hollywood tropes of someone splashing around, clearly in distress. Except that’s not what...
Several years ago, I was enjoying lunch with a couple of experienced financial advisers. During our conversation, I asked whether they give any special advice to single clients...
Human beings are attracted to certainty. We prefer a sure thing than a 99% likelihood. We respond to people who are certain – people who are often wrong...
I’m an advocate for preparing a letter of wishes for your loved ones, to support your will, enduring power of attorney documents (EPAs), and any trusts you have...
My book WEALTH: Simple Tips for Young Professionals is short. As such there are many topics I don’t touch on in detail. One of those topics is investing...
Fiction that plays with time seems to stick with me. Whether this is because it appeals to my tendency to think of the future in pluralistic terms or...
In my recent post about how much you need to save for retirement, I pointed out many of the specific uncertainties relating to retirement planning, especially for people...
