Greetings!,

If money could talk, what would it say?

This was a question printed in one of the Daily Stoic readings that get emailed to me each day.

The question caused me to stop and reflect a little. Many of us have heard that "money is the root of all evil." However, that is incorrect. The proper text from the Bible, 1 Timothy 6:10 is this: “The LOVE of money is the root of all evil.”

As a financial planner and investment advisor, you may find it strange that I would be speaking disparagingly about money. But, we do see money as a tool, something to be used to help you accomplish your goals.

This can also bring frustration or concern when those we work with reach retirement age. The idea of no longer having gainful employment and counting on a paycheck each week can be daunting. It requires a mindset shift to think about what you really need to live the way you want to live.

Proper planning and communication can relieve that stress. To know you have elements in place to weather market downturns or predictable sources of income may help you sleep better at night.

Many of us will face these same struggles as we reach the time of no-longer going to work. Our goal is to help you rest easy and look to retirement with excitement, not dread. The retirement phase could last 30 years or more. Let's not just pursue money, but pursue a plan instead.

As I mention, here is the link to the question "if money could talk what would it say".

If Money Could Talk

As always, thanks for reading.

Bernie & Chad