One challenge faced when coaching clients through life’s second big transition (the move on from full time employment) is addressing the bigger question. Why? For decades the demands of job, mortgage, family and debt have set personal agendas and there has been little choice but to keep your head down and work through it. […]
EML is founded on a simple idea – but one that changes everything! Time and again you will have heard that we are living longer – yet few people take the time to really think this through and understand what it means for them and their families, and for the industry they work in or […]
One of my favoured expressions when coaching clients is to encourage them to ‘take two steps back’ other people use different expressions but fundamentally we’re all saying ‘look at the bigger picture’. This is never more important than when looking at personal finances. For most of us taking two steps back’ seems an indulgence that […]
I have written at length about the changing nature of later life and, more recently, about the prospects for ‘millennials’ – those facing 70 years of working life before retiring in their late 80s. But what about those stuck in the middle? The working generation sandwiched between elderly relatives who seem to be living forever […]
When chatting with the Digital Generation their communication style can be abrupt. Not intentionally rude they are simply being ‘direct’. So when I showed a group the global statistics on living longer they immediately ‘got it’ – as a generation they will live significantly longer than their parents and grandparents – ‘so what?’ Well, while […]
A red letter day is defined as ‘any day of special significance’. The practice has Biblical roots with important days being written in red. It then extended to the Courts and Universities when the judiciary and scholars wore their dress robes on important days. In recent times this has been extended to include any day […]
The political debate is hotting up as we head into the June election and so to are some astounding assumptions behind the claims. Some examples: Care costs preventing people from leaving their home to their children. UK life expectancy is now around 80; the average age of UK first time Mums is 28 and they […]
My life’s direction changed completely about 14 years ago when I reluctantly became involved with a research programme looking at the changing nature of later life. Before then I was fully committed to the belief instilled in us from birth – you grow up, you work hard and at 65 you retire – then you […]
When working with private clients I am privileged to be allowed an insight to their personal finances. I’m not talking about investment strategies or tax planning – that is the preserve of professional financial advisers – what I focus on are the basics – income, expenditure and assets. I am regularly surprised by just how […]
Talk to the ‘financially privileged’ amongst our focus groups and there is a common theme – they would, if possible, like to avoid Inheritance Tax being taken from their estate – but somehow they just never seem to get around to doing anything about it! There is always a reason, ‘it’s too soon’, ‘I need […]