by Mitch Anthony One of the greatest powers of money is that it can help buy independence. All of us want to get to the point where we can do what we want, when we want, where we want, and with whom we choose—a nearly perfect description of Return on Life™ (ROL). I'll bet many [...]
by Mitch Anthony While money can be used to forge independence, it can also drag us down and impede our goals and dreams. Money has the power to help us find significance or to drive us further into despair, depending on how we appropriate it. Money can be utilized in a way that introduces a [...]
by Mitch Anthony More often than not, getting retirement right takes work. Like most major life transitions, there are surprises, disappointments, and unexpected detours. If not planned for, spousal relationships, in particular, can be put to the test. In my work with financial advisors, I've heard stories of clients ending up divorced after just a [...]
by Mitch Anthony If you've heard me speak or read my book, The New Retirementality, you know that the concept of retirement has changed dramatically from when it was first conceived. Now, more than ever, financial advisors have a crucial role to play when it comes to retirement planning that goes well beyond AUM. Determining how [...]
by Mitch Anthony If you've heard me speak—or read my book, The New Retirementality—you know that the concept of retirement has changed dramatically from when it was first introduced. Now, more than ever, financial advisors have a crucial role to play when it comes to retirement planning: retirement coach. Determining how much your clients need—their "number"—is mechanical. [...]
by Mitch Anthony In 2007, Roy Diliberto and I penned an article for Financial Advisor magazine introducing what was still a relatively new idea: "Be a part of what matters to your clients." Ten years later, the message is even more important: "What matters to your clients is more than just the return on their assets." An [...]
by Mitch Anthony One of the benefits of being a financial advisor is the fulfillment you get by helping your clients bring meaning to their money. There is no better way to do that than by helping them integrate giving into their plan. An integral part of any financial plan is philanthropy—giving doesn't have to [...]
by Mitch Anthony According to findings published in The Allianz Gift of TimeSM Longevity Study, we can expect to live 30 years longer than our relatives did in the last century. More than half of the study's respondents reported being excited by the new opportunities this increased lifespan would present. The study reported that all age groups—from [...]
by Mitch Anthony Work was not always a dirty word. Having a vocation—a trade—was something people could be proud of and perhaps even pass on to their children. Once we entered the Industrial Age, however, rewarding work was replaced by soulless tasks and exploitive industrialists. Work plays a critical role in our identities, whether we [...]
by Mitch Anthony There are many reasons people have different attitudes toward retirement these days. A confluence of economic events, observations of others who are retired, and personal reexaminations of what is meaningful in their own lives have led them to discard outdated assumptions around retirement. The reinvention of retirement was inevitable based on individual [...]