One of the things I discuss ad nauseum with my wife and some friends is the idea of finding financial balance; that sweet spot between living for today and preparing for tomorrow. Following a string of conversations, and a thoughtful reassessment, I have recently reduced the amount of planned retirement income. More on that shortly. First, some thoughts. My experience has been that most families generally fall into one of four groups with respect to their financial planning. The first group simply has no understanding, and no real desire, to
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Published on June 21, 2014 05:00