Before we get on with it today, part two of our unplanned financial advisors who get it series.
Andy is fantastic. Thanks to one of our financial advisor subscribers for suggesting I follow him on LinkedIn.
The role of financial advisor might be quickly and necessarily morphing into doubling as a therapist. Or at least advisors ought to have trusted referrals on hand! Lots of people need help accepting their situations, given that they don’t always look like what they’re used to seeing or what they think people—parents, friends, others—expect to see.
In case you need to get caught up on what we’ve been up to over the last two weeks or so, these two posts—and the links within them—go a long way to getting the job done.
Then there’s a recent post, where I ask—
Young people today aren’t stupid, no matter how much old people want to make that so.
While they might not be able to tell you that the interest rate on a 30-year mortgage is 7.6%, they can tell you that they saw baby boomers and some millennials and Gen Xers buy houses and maintain the associated overhead.
They’ve been in suburbia. Probably grew up in it.
They know exactly what the American dream is. Maybe they lived it.
But they have also seen some of those same people struggle over the years as the American dream has slowly, but surely become more difficult to maintain and attain. They see the physical, mental and other consequences of this. They know what it takes and how much it costs to do things by—what used to be—the book. And, increasingly, they don’t want this.
As I noted in another recent newsletter post, an increasing number of us want work to be more like morning coffee: