Life Planning
Life Planning Gerald L. House MSM “The Contrarian Investor” As many of you know, I am not a fan of the term “retirement .” However, this term still lingers throughout the financial service industry. And, why not, financial advisors continue to promote financial planning using the old typical investment strategies because many people have succumbed to this thinking. Nonetheless, a couple of new terms recently emerged challenging the way people structure their financial needs. Life Plans and Holistic Planning Actually, “holistic planning” recently morphed into the new term “life plan .” This new term defines your life according to various stages and goals you defined. “Life planning is a guided process by which an individual takes stock of his or her life, clarifies goals and challenges, and identifies the steps needed to move forward. A life planning professional can help address relevant issues and find resources - people and information - needed for a