Entries by Stewart H. Welch, III

Healthcare Planning for Retirement- The New Paradigm

Healthcare Planning for Retirement A decade or so ago, there wasn’t a lot of discussion about how healthcare costs could ruin a perfectly good retirement planning strategy.  What has changed is the massive numbers of Baby Boomers headed for the retirement exits along with steeply rising healthcare costs.  In today’s world, projected healthcare costs during […]

Anatomy of a Goal

Anatomy of a Goal My Personal ‘Ultimate Fitness Quest’:  I’ll Lose 15 Pounds in 30 Days! We all hear successful people speak of the importance of having goals but most people either don’t have goals or the goals they do have are vague, not written down or not followed.  So I thought it would be […]

What is a Contingent Beneficiary?

Why Contingent Beneficiaries Matter Question: I have named two family members as beneficiaries in equal shares on my portfolio. I was advised to also name contingent beneficiaries. What is a Contingent Beneficiary? Will you explain what a contingent beneficiary is and what might happen if none are named? Also, I have named a different family member as POD […]

Why Financial Education is Important

Why Financial Education is Important And Why I created Get Rich on Purpose® This Graphic from the NAFPA shares some alarming statistics. It is a great illustration of the reason that I decided to create Get Rich on Purpose®. I want to help as many people as I possibly can achieve Financial Freedom. As of […]