Category Archives: Financial literacy

Retirement Readiness and Financial Literacy

Why are there so many Americans who are woefully unprepared financially for retirement? A recent study by Wharton business economics and public policy professor Olivia S. Mitchell, Executive Director of the Pension Research Council, and Annamaria Lusardi, Professor at the … Continue Reading

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Raising Financially Responsible Children

Clients across all wealth levels often ask for my thoughts on how they can raise financially responsible children.  Here are some things to consider: Talk about money. Discussing money with their children provokes anxiety in many parents. They wonder how much … Continue Reading

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Client Survey Results

Our goal is to help our clients make informed decisions with their money so they can make work optional and can focus on creating a quality of life that reflects their deepest values. Critical to that process is providing a consistently … Continue Reading

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Ready for a Challenge?

Last month I wrote about a recent article, Why We’re Not Wired for Successful Retirements by Philip Moeller, that was based on a financial literacy test given to consumers in Chile. I noted how many of those surveyed misunderstood the … Continue Reading

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Is Cash in the Pocket Better Than Waiting for More?

In a recent article, Why We’re Not Wired for Successful Retirements, Philip Moeller explores the psychology behind the answers to that question as documented in new research by Justine Hastings of Yale University and Olivia Mitchell of the University of … Continue Reading

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What You Don’t Know Can Hurt You

The Role of Financial Literacy in Determining Retirement Plans by Robert Clark, Melinda Sandler Morrill, and Steven G. Allen is the latest publication in the National Bureau of Economic Research’s Working Papers series. Based on responses from more than 1,500 … Continue Reading

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