Episode 10: Jeff Lagusch: Ugh! Not The Money Discussion! (But Seriously, It’s Okay!)

In this episode, Joelle talks with Certified Financial Planner and Certified Private Wealth Advisor Jeff Lagusch and the unique financial, saving, and retirement issues that women (and pretty much anyone) face in midlife.

Do you have money issues? Does your savings account suck? Are you juggling aging parents and college education funds? Do you know how to find a good financial planner who has YOUR best interests at heart? Have you had life issues that have drastically changed your retirement plans (death, divorce, and the other stuff that we don’t like to talk about)? This is the episode for you.

Even if you think you have your savings plan sewn up, you will learn some life-changing things in 40 minutes.

Key Takeaways:

• Financial control is crucial for midlife women dealing with money issues. Consider working with a fiduciary, registered investment advisory firm that prioritizes clients' interests.
• Financial psychology plays a significant role in overcoming money biases. Midlife individuals face unique challenges like divorce, transitions, retirement planning, and supporting aging parents and children's education.
• Establish powers of attorney to protect parents' assets and enable decision-making if needed. Self-insuring for long-term care may be a better option than expensive premiums for those who can afford it.
• Financial planning may involve a team of professionals, including a planner, attorney, accountant, insurance specialist, and valuation expert. The 2008 recession highlighted the importance of diversification, cash reserves, long-term planning, and weathering market corrections.
  

“As a fiduciary, I am legally bound to give what I believe is the best advice to clients for their financial wellbeing.” - Jeff Lagusch

Listen here and everywhere you get your podcasts

Connect with Jeff Lagusch:

Website: https://gryphonfp.com/ 

LinkedIn: https://www.linkedin.com/in/jlagusch/