Wisdom and Wealth

Smart Money Moves to Make While You're Still Mentally Sharp


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None of us want to think about losing our mental edge later in life, but it's something you need to consider. Commonly, people experience a degradation of financial decision-making abilities and "mental sharpness" beginning in their 60s or 70s.

On the latest installment of Wisdom and Wealth, we're addressing strategies to safeguard your assets from any wealth-destroying mental money mistakes before that time comes!

This is such an important conversation and we hope you leave with some key takeaways for your own financial well-being!

Timecodes:

0:06 - Introduction and overview on the topic of the day

1:28 - Let's face it...we're getting older

2:37 - How a loss of mental sharpness can inhibit your financial decision-making abilities

5:02 - Start planning as early as you can

6:17 - The steps people should be considering at this point in life

8:06 - How family members and trusted advisors should be utilized in this moment

11:02 - The legal documents and formal steps that need to be considered

13:22 - The mistakes people make during this time in our lives

15:53 - Final thoughts and considerations from Frank

17:14 - How you can get in touch with Frank and his team

18:10 - Closing remarks

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Wisdom and WealthBy Frank Astorino