Heart to Heart

Creating a financial plan allows me to have a heart-to-heart talk with myself about my saving and spending – the #1 power setting in my plan.

I wouldn't say I am a control freak, but I like to be in complete control of my financial destiny.

I don’t want to leave it up to Jerome Powell, chairman of the Federal Reserve, or whoever wins the next presidential election.

I don’t want to leave it up to any financial advisor (including myself) to predict interest rates or pick top-performing sectors.

I don’t want to worry about bear markets or recessions.

I want to be in complete control. When I am dialed in with my saving and spending, I am.

For the most part, we all have similar financial goals; establish a meaningful lifestyle while working and maintain that lifestyle during retirement.

Our financial plan allows us to see if we are on track.

If we are not, we can save a little more while working, work a little longer, or adjust our burn rate (expenses) during retirement.

For most of us, because we have been healthy savers all along, our financial plan offers us a precious gift; confidence that our spending today will sustain us 30 years out.

It is the gift of living a life of abundance (not scarcity) during our retirement years.

“But wait!” you say. “How can I be in complete control of my financial destiny when my stocks plummeted 40% during the last bear market?”

You can.

Stay tuned.

Plan for the Long Term

I started the Coffeehouse Investor nearly 25 years ago to provide a path for investors to gain control over their financial future. If you are unsure of your financial plan for the next 10, 20, or 30 years, let's strategize together. Build a plan that provides you clarity and peace of mind.