The Retirement, Life and Investing Radio Show

Your Dad’s mail was diverted and he has Alzheimer's.

45 min · 15. juli 2019
Billede af episoden Your Dad’s mail was diverted and he has Alzheimer's.

Beskrivelse

Dad is the type of person not to share his financials with his family, and was getting more forgetful right before being diagnosed with Alzheimers, but where is the mail? The son called me and we reviewed old statements from the past year and found 300k in an IRA Annuity. Thank God it is still there.

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Billede af episoden Resiliency and Dave Ramsey can teach you much about life.

Resiliency and Dave Ramsey can teach you much about life.

Look at Dave Ramsey who many of you follow out there.  He went through bankruptcy early in his life, when he was young, and over leveraged real estate. He took it upon himself to swear he would never use debt again and to help others who have gotten themselves into debt trouble. He has helped over 5 million people get out debt, and become wealthy himself along the way, while donating millions to help others. That resiliency is what we admire and wish to imbue in our children, and also in all of you and your families. There will be hard times. Some of you wealthier entrepreneurs and your spouses have shared with me your struggles as you started your business, almost going under several times before figuring it out or getting that big break or client. Some of you have shared stories about divorces that decimated your finances but, for the children’s sake, mended fences with your ex-spouse. You even share holidays with them as you have worked hard to rebuild your financial life.

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