To ‘have someone in your corner’ is a common saying that originated in boxing, where the coach or trainer is in the competitor’s corner offering advice and letting the fighter know how they are going.
A year ago, Dallas met with some regular clients. This couple – one who is retired and one who is close to retiring – listened intently as Dallas clearly outlined their trajectory – that is, what he predicted would happen to their financial position in 12 months’ time. He could see, at the time, how things would work out if they took certain steps – and he reassured them on a few strategies they were somewhat hesitant about.
The world of finance sometimes comes with a big elephant in the room – is your adviser trustworthy? Unfortunately, we sometimes see stories about financial advisers (or people in positions of power or influence in financial institutions) who have misappropriated funds for their benefit (i.e. they’ve stolen money from their clients).
When Michael was at the tile shop looking for renovation ideas and being asked to choose between an assortment of different designs, he left in a haste and joined his kids in watching a Disney show instead. When it came to choosing tiles for his new bathroom, Michael was overwhelmed – and simply couldn’t envision what the tiles would look like on a wall. All credit goes to his wife Suzie, who has done all the hard yards and put up with him at the shop.
This seminar is designed specifically for those aged 50 and over, so if this isn’t for you, feel free to share this event with friends and family.
It’s a significant birthday but also culminates in a time where your earnings capacity is usually at it’s highest and your expenses are reducing in that your children have flown the coup (or are not far from doing so) and your mortgage is paid out or under control. Getting your ducks in a row from age 50 also gives you more time (eg. 15 years if retiring at age 65) when compared to leaving it later.
Dallas Davison, Michael Hogue and Ali Hogue.