Living with Purpose and Significance

Deep within every human heart lies a longing for purpose and significance. It may be deeply buried, but it is there, waiting for release. For some, securing basic needs becomes such a lifelong focus that they never take the time to discover what makes it…

Have You Forgotten the Potential Impact of Tax Deferral?

John and Susan, like many people who come in for financial planning, are earnest, hardworking, and sensible people looking forward to retirement.  They have reasonable questions and want a second opinion in case they are missing anything.  They are ready to act if necessary. Their…

Financial Scrabble

Have you ever felt like managing your finances and preparing for a long, enjoyable retirement resembles playing a complex, high-stakes game? If so, it is with good reason. The road to and through a successful retirement is often like a maze, fraught with challenges and…

Wealth in Giving: The Practical, Personal, and Inspirational Benefits

At Life Directions Financial, we embrace a broader perspective than one focused solely on money in defining wealth. We consider material prosperity to be a “fuel” enabling other wealth dimensions such as wellness, purposeful living, healthy relationships, spiritual fulfillment, and effective giving. Conversely, active giving…

Uncertainty: The Scourge of Retirement

You have worked long and hard to accumulate enough wealth to retire. It has taken skill, guts, determination, sacrifice, resilience, and maybe even a touch of luck, an inheritance, or some combination thereof. Now you are here on the precipice of retirement, more than ready…

A Lighter, Brighter Type of Wellness

At Life Directions Financial, we believe that wellness is an essential part of true wealth. We also hold that to have it is both a precious gift and a responsibility. There is a special kind of prosperity in the freedom to live with continued energy…

The Fiduciary Standard: What It Means

Recently, the U.S. Department of Labor published the final regulation of what is known as the “Fiduciary Rule,” delaying implementation for 60 days from its scheduled start date. The newly expanded definition of fiduciary investment advice is scheduled to go into effect June 9, 2017.1…

The Science Behind Decision Making

In the 1940s, 90 percent of the stock market was owned by individual household investors. Today, with the widespread use of investment banking and mutual fund investing, individuals are responsible for trading only 20 percent of U.S. corporate equity.1 Do we no longer trust ourselves…

The Old-School Stool

The proverbial “three-legged stool” of retirement funding traditionally comprised Social Security, a company pension and personal savings, but that stool has been wobbly for quite some time. In fact, the traditional pension has been replaced largely by employer-sponsored 401(k) plans. This development firmly places the…