Kinder Institute of Life Planning

Media Archives 2014

December 22, 2014
Investment News

Firms must build cultures to stimulate innovation

Innovation doesn’t just happen, it requires impassioned people who are willing and able to stand up to criticism
Holistic planning, fee-based advice and retirement income strategies. All these are to the financial advice business what fire and the wheel were to ancient civilizations — innovations. Read more

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December 4, 2014
Investors Chronicle

Three deep questions that could change your portfolio

A new breed of financial planners is emerging and they want to ask you some emotion-provoking questions about your money. The life planning movement is founded by Harvard-educated George Kinder, who I met recently over a cup of tea to find out how DIY investors can benefit from asking “really deep questions” about their money. Read more

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December 2014
Journal of Financial Planning

When the Market for Advice Doesn’t Meet the Need

Dave took his jacket off, tossing his keys nonchalantly on the table along with neatly packaged 8½ by 11 financial brochures. The prominent Mercedes emblem caught both Paul’s and Tracey’s eyes. Dave was affable; he’d just taught a course on retirement to employees of the prestigious university where Tracey was a professor. At the end of the course each employee was entitled to free and personalized retirement counseling in a university meeting room. Read more

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December 1, 2014
MONEY Magazine/ TIME Inc.

3 Questions That Will Put Your Finances — and Life — on the Right Track

Financial planning guru George Kinder has a powerful tool for helping people set priorities for their money…and their lives. Here it is. Read more

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September 29, 2014
LifeHealthPro – www.lifehealthpro.com

Your client is not just another number

At times it seems like the main focus of retirement planning is on numbers. Consider the frequent surveys that evaluate retirees’ or near-retirees’ readiness—the results usually evaluate how much money the survey’s participants have saved versus their expenses. Read more

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September 2014
Strategy For Life Magazine – strategymagazine.com

The Only 3 Questions You Need to Make a Life Plan for Your Money

YOLO is more than texting shorthand for you only live once. It can also explain the movement toward making life planning the first and most important step in financial planning.

Traditionally, financial planning has essentially been a math exercise involving a series of educated guesses about future spending habits. It’s an exercise that starts with a fiscal exam that can be about as pleasant as a physical exam and even easier to postpone.

Enter George Kinder, a financial planner who works from a different perspective. Read more

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August 27, 2014
Kiplinger

Create a Plan for a Meaningful Retirement

When it comes to your nest egg, you made all the right decisions, saving enough to turn your retirement dreams into reality. But as the big day approaches, you realize you’ve forgotten to answer a couple of crucial questions: What exactly are my dreams? How can I make the next 20 or 30 years purposeful? Read more

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August 15, 2014
New York Times

For Older Couples, House-Hunting Begins With Soul-Searching

LIKE many couples, Patrick Thaller and his wife, Kathi, had different ideas about their life in retirement. Read more

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August 07, 2014
Market Watch, The Wall Street Journal

Now we need a coach for retirement, too?

Not long ago, retirement followed a predictable path: collect a pension and enjoy leisure time. These days, the predictable path has gone the way of pensions, and a host of professionals want to help boomers navigate the new landscape. They go by names like “retirement coach,” “life planner,” even good old-fashioned “financial adviser.” But do they make sense for you? Read more

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August 2014
Journal of Financial Planning

Life Planning: Creator of Entrepreneurial Endeavor

The brand of life planning that I teach is called EVOKE, an acronym for a five-phase client-centered interview process. The five phases are Exploration, Vision, Obstacles, Knowledge, and Execution.Read more

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July 3 2014
FT Adviser

Firing Line: George Kinder

Daniel Liberto asks the guru of life planning why he sees the UK as the ideal launchpad for a revolutionary way of delivering financial advice Read more

June 2 2014
Mindful Money

A plan for rekindling trust? George Kinder takes his life planning message to consumers. The Mindful Money interview

George Kinder has been an advocate for a fundamental change in the relationship between financial firms and their customers and clients for many years. He says the financial crisis has exacerbated the flaws in the existing model even more and led to a fundamental break down in trust. Yet he also believes he has a solution. Read more

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April 20 2014
Boston Globe

More workers turn to life planners to help prepare for retirement

No pensions. Roller-coaster retirement accounts. Longer lives and higher health care costs. Aging parents. Children in college. A will to work but fewer jobs to be had.

It is a familiar and potentially disastrous mix for the generation now entering retirement. And worse, most do not have a clue how to plan for it, according to experts like Anna Rappaport, chairwoman of the Society of Actuaries Committee on Post Retirement Needs and Risks. Read more

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April 18 2014
New York Times

Taking a Job Out of the Financial Equation

No pensions. Roller-coaster retirement accounts. Longer lives and higher health care costs. Aging parents. Children in college. A will to work but fewer jobs to be had.

It is a familiar and potentially disastrous mix for the generation now entering retirement. And worse, most do not have a clue how to plan for it, according to experts like Anna Rappaport, chairwoman of the Society of Actuaries Committee on Post Retirement Needs and Risks. Read more

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April 6 2014
Investment News

Goals-based planning takes flight
The movement toward holistic financial plans touches all advice channels

A confluence of changing client demographics and challenging investment environments has forced many advisers to shift their focus from being stock jockeys to holistic planners — and this evolution is bleeding into all of the advice channels.

The movement toward goals-based planning — devising a wealth management strategy that’s focused on helping clients reach specific goals, such as retirement — has picked up steam to the point that wirehouses are embracing the model. Read more

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March 2014
Journal of Financial Planning, FPA

The Globalization of Life Planning

A life planner’s office is an inspiring place to be. It’s where clients articulate most passionately the life of their dreams, and where an adviser—in unimaginably short time frames—delivers it. It is also the safest place to be for a client, where the often sensitive unfolding of a client’s life is held with tenderness and empathy. It should not be surprising in this era of diminished trust in financial services that life planning has a rapidly expanding global presence. Read more

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March 26, 2014
Credit.com Blog

Personal Finance
Are You a Financial Adult or a Toddler?

Where are you in the financial life cycle?

Financial maturity is developed in stages. As with all skills, you must begin at the beginning. Skipping ahead before mastering fundamentals will lead to glaring deficiencies, like the time I tried snowboarding a black diamond trail before taking any lessons. A permanently damaged knee proves this strategy doesn’t work out so well.

So let’s take a look at the stages of financial maturity, and how to master each one. Read more