A client I’ll call Darren looked at the financial plan that said he was going to be fine. Then he told me he didn’t believe it.
“I know the plan says I will be fine,” he said, “but I think there is just too much that could go wrong and I don’t feel stable in that at all.”
Darren is 61 and owns a metal manufacturing company doing $12 million in revenue. He didn’t grow up with money. He remembers when he didn’t have the lifestyle he has today, and he remembers how hard that was.
Maybe you know the feeling. The statements look good and everyone tells you you’re set. Something in you still won’t settle.
Good advice costs money. When you pay for a plan that says you’re fine, you expect to feel fine.
What a plan can’t tell you
A financial plan is built on guesses about the future, like markets, taxes, health, and how long any of us lives. Nobody knows those. The plan can only be as steady as the guesses underneath it.
Darren knew that, and his worry made sense to me. So I asked him, “What is important about your money to you?”
His answer was simple. He wanted to know his family would be taken care of. If something happened to him, he wanted to know he had set them up for success.
Why more doesn’t help
Most of us assume that if the numbers work, we’ll feel okay. Darren’s numbers worked. He still didn’t feel okay.
The rest is in your inbox.
What changed for Darren, the trip they put off for four years, and three questions to ask yourself if your plan says you’re fine and you don’t feel it. Drop your email and I’ll send you the full piece, plus a new decision every Wednesday.
Insights, advice, and comments provided by RJ Finley and members of the Decidedly Wealth Management team should not be considered personalized financial advice or recommendations. This content is produced solely for informational and educational purposes. For personalized guidance, book a free conversation.
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