The implication for aging investors is evident, especially those who insist on managing their own investments. At what point will they recognize or accept their diminished “financial capacity”—the…
The process of making a financial plan can be absolutely transformative. In the process of making a financial plan, I see people change. I see people go from confused and afraid to confident and…
Spoiler alert: It has to do with highly caffeinated monkeys. Turns out, our minds are all ruled by tiny “instant gratification” monkeys that steer our rational decision-making brains away from what makes sense and toward what feels good now.