Aequus Newsletter
Jul/Aug 2011
Investing Through Life’s Stages
Investing is a lifelong process. The sooner you start, the better off you’ll be in the long run. It’s best to start saving and investing as soon as you start earning money, even if it’s only $10 a paycheck. The discipline and skills you learn will benefit you for the rest of your life. But no matter how old you are when you start thinking seriously about saving and investing, it’s never too late to begin.
The first part of a successful lifelong investment strategy is disciplined savings habits. Regardless of whether you are saving for retirement, a new house, or just that extravagant dining room set, you will need to develop rigid savings habits. Regular contributions to savings or investment accounts are often the most productive; and if you choose to automate them, they are even easier.
Resiliency, Resourcefulness & Renaissance Spirit
Individuals and retirement planning experts alike are recognizing that a successful and satisfying retirement experience depends on more than a healthy nest egg. In fact, financial reporter John Wasik contends, “Financial security and retirement are not the two peas in the pod they used to be.”
Instead, retirement should be thought of as a major life transition that deserves thought and preparation in all areas of life. For example, one study found that it was the size of a retiree’s social network—and not the size of his or her portfolio—that had the strongest influence on
life satisfaction.
Tell Others About Aequus
From time to time, we like to take a moment to reflect on our good fortune and acknowledge the people who have made a difference in our lives. At Aequus, we wish to thank all our clients for letting us share your dreams, goals, hopes, and fears. We are proud to lead our clients on a voyage of discovery using our own process of life-enhancing financial planning and feel privileged to be a part of your life. Thank you, too, for your referrals.
What Type of Retirement Do You Want for Yourself and Your Loved Ones?
There are at least six types of retirement. In this article, each one is described along with an illustrative example.
1. Traditional
2. Gradual (Phased)
3. Partial (Part-time)
4. Transformational
5. Rapprochement
6. Involuntary
Aequus Stories: Resilience
When adversity strikes, it is not the burdens we bear that shape us, but our capacity to recover from life’s challenges and misfortunes. Adversity affects all of us at one time or another in our lives. Resilience, defined as the power or ability to recover or return to original form, is what determines whether the difficulties we face in life define us or defeat us.