Ep. 28 – The top estate planning concern leading DIY investors to hire a fiduciary financial advisor, and what you can learn from it

Opposites attract, and this bleeds into the world of personal finance. There is a reason why the #1 cause for marital issues is related to personal finances. Well, when planning for retirement, this is no different. There’s oftentimes a “CFO” of the household, and a “Non-CFO.” It varies, depending on the couple, how much the “Non-CFO” is involved and/or interested in the personal finances. But either way, the concern is if the “Non-CFO” spouse had to take over the “CFO” role. As we get older, we realize we aren’t Superman or Superwoman. Then the question becomes, how do you equip the “Non-CFO” to minimize financial stress if and when they have to take over the “CFO” role? We’ll unpack all of this and more! I hope you find this episode to be helpful! -Kevin

Kevin Lao

I am the owner and lead financial planner @ IFS. We are an independent firm specializing in retirement planning. I also host The Planning for Retirement Podcast and can be found on YouTube, Spotify, Apple Podcasts and other streaming services. I live in Chattanooga, TN with my wife, three boys and two rescue pups. I love to travel, play golf and smoke (and eat) meats.