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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
Connect with Frank Astorino:
Website
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
Connect with Frank Astorino:
Website