by Mitch Anthony Last month, we discussed how the retirement landscape has changed and what it means to your clients. This month, we'll discuss the specifics of those realities starting with some new assumptions your clients will have to face: If a client has a pension, assume that benefit erosion will continue. Assume your client [...]
by Mitch Anthony All you need to do to get in touch with modern economic realities of retirement is to take a look at the trend of the past decade away from the paternalistic pension approach toward the autonomy of defined contribution (DC) plans including 401(k) or 403(b). The percentage of people being covered by [...]
Column by Mitch Anthony at Get Rich Slowly. Most of us, if left to our whimsy, could conjure up a pretty impressive list of adventures to attempt before we kick the bucket. In the film “The Bucket List†two men were able to check items off their life’s to-do list that most of us can only [...]
Originally posted at financial advisor magazine , by Mitch Anthony. “In a consumer society there are inevitably two kinds of slaves: the prisoners of addiction and the prisoners of envy.” –Ivan Illich In money-adoring urban strongholds, getting into a good kindergarten is as tough as getting into an Ivy League college. In the last decade, the number of [...]
Interview with Mitch Anthony; a sought-after financial services consultant, popular speaker, and host of “The Daily Dose” radio program. His RetireMentors column appears regularly on CBS marketwatch.com and he has been quoted numerous times in The Wall Street Journal, Kiplinger’s Personal Finance, and The New York Times. Mitch Anthony joins me in a discussion about redefining retirement. His book, The [...]
Originally posted at Digital Journal , By Jonathan Farrell A new edition of a book called "The New Retirementality" was just released this month. And, financial advisers and consultants in various financial circles are talking about its concepts. "I don't believe in retirement," said author, motivational speaker and consultant Mitch Anthony. "Retirement is kind of imposed upon us when [...]
by Mitch Anthony As we enter the third stage of life, the attitude we choose will have the greatest bearing on our fate. We are entering the final stages of a retirement revolution. The difference between evolution and a revolution is that with evolution, a critical core of proactive people see the inevitable coming and [...]
"Financial Life Planning" column by Mitch Anthony at Financial Advisor magazine. When Marie Ens turned 66 years old, the human resources director of her organization promptly informed her that their retirement policy required her to cease her labors at this age. Marie was not your average worker at the everyday corporation, however. She was a missionary [...]
Originally posted at financial advisor magazine , by Mitch Anthony. French writer Antoine de Saint-Exupery wrote, “A goal without a plan is just a wish.” Now that’s a phrase financial planners live by, for isn’t that what we do—plan? But as financial life planners, there is another side to that: A plan without a goal is not [...]
Originally posted at Digital Journal Jonathan Farrell. "Pensions are a thing of the past," said Zack Clow, regional Vice President of Northern California for Invesco. He was the guest speaker at the Sonoma Valley Chamber of Commerce on Nov. 21 for Edward Jones Investments financial adviser Daren Blonski. Each month Blonski and his staff at the Edward Jones [...]
Originally posted at Bankrate.com, by Nancy Mann Jackson. As people are working and living longer, todayʹs retirement looks much different from that of 20 years ago. Instead of planning to simply relax for a few good years, many of todayʹs workers expect to live for decades after leaving their careers, and they want those years to [...]
"Financial Life Planning" column by Mitch Anthony at Financial Advisor magazine. I was recently getting a haircut when I couldn’t help but overhear a most unusual conversation in the chair next to me between a stylist who appeared to be in her late 20s and her client, who appeared to be around the same age. The [...]
Financial Life Planning column by Mitch Anthony at Journal of Financial Planning. The task of creating a financial plan is often viewed by clients as a one‐time event that easily becomes outdated. As a financial plan becomes outdated, clients begin to chafe at paying the same fee for what they perceive as less effort. The [...]
Originally posted at FinanceSpectrum.com On the heels of a Wall Street Journal article published July 11th entitled, “Your Retirement Goal is More than a Number,” financial advice column FinanceSpectrum.com stepped aside from their usual numbers-related advice. FinanceSpectrum.com urges readers to enjoy the journey of life rather than becoming consumed with reaching a specific numerical destination. [...]
"Financial Life Planning" column by Mitch Anthony at Financial Advisor magazine. What reasons has he to envy a young person? For the possibilities that young person has, the future that is in store for him? ‘No thank you.’ He will think ‘instead of possibilities, I have realities in my past—not only the reality of work done [...]
"Financial Life Planning" column by Mitch Anthony at Financial Advisor magazine. For over three decades, I’ve been tracking gerontological studies on the factors influencing “successful aging.” I’ve always been fascinated with people in their later years who defy stereotypes––marching to the beat of their own drummer, retaining their mental acuity and staying in touch with the [...]
Originally Posted in Financial Advisor Magazine by Dorothy Hinchcliff Financial advisors should help clients plan to continue working after age 65 rather than for a ʺvacation retirement,ʺ says industry coach Mitch Anthony. Anthony, who provides workshops and training for advisors and has written books about retirement, was a keynote speaker on March 12 at the [...]
Column by Mitch Anthony on Market Watch. A man I know seemed to have it all. He had an in-demand practice at a large clinic that paid him hundreds of thousands of dollars a year. He had a huge house in his city's most upscale neighborhood. He had a second home on the beach. He [...]
Financial Life Planning Column by Mitch Anthony for Financial Advisor magazine. “Home is any four walls that enclose the right person.” – Helen Rowland I often talk with successful people working in different fields, going on the assumption that many principles of success are portable across industry lines. If an idea works in one industry, [...]
Column by Mitch Anthony in Market Watch. Few conversations are more fascinating than those about what money means in our lives. People constantly mull, study, worry, regret, scrutinize, second-guess, hope and fantasize about money. Sometimes it becomes an obsession. "What are you invested in?" "What do you think of the stock market right now?" "Where is [...]