Episode Summary
Steve Rowe chats with Mike Kothakota, a seasoned U.S. financial planner and educator, about the deeper impact of financial advice.
They dive into the emotional benefits of planning, insights from Vanguard’s research on reducing stress and boosting confidence, and why timing matters when spending your money. The conversation also touches on ethics, family dynamics, and how planners can help clients navigate life’s toughest choices.
Episode Highlights
- How financial advice can lower stress, boost confidence, and improve overall well-being.
- Insights into teaching ethics, navigating tricky family situations, and balancing optimal vs. best outcomes.
- Why spending earlier can bring greater value and how planners help clients prioritize what matters most.
Packed with humor, real-life stories, and practical wisdom, this episode is a must-listen for anyone seeking financial clarity and peace of mind.
