At CCM, our mission statement is: “To be a trusted partner that allows our clients to feel secure in the knowledge that their investment, estate, tax, retirement, risk management and philanthropic plans are complete, optimized and integrated, in order that they may understand and use their wealth as a tool to accomplish what is important to them.”
Today’s recommended reading, “The Mental Mistakes We Make With Retirement Spending,” connects directly with that final piece…”in order that they may understand and use their wealth as a tool to accomplish what is important to them.” We often have conversations with retirees who aren’t fully utilizing their wealth to accomplish what’s important to them. What we find is that the disciplined mentality that allowed these families to accumulate their wealth over a lifetime of work is now interfering with their ability to spend that wealth, and to use it to impact people and organizations they care deeply about. By working with our integrated wealth management team, retirees are able to see the reality of their financial security, which often opens up the conversation, and brings to light the opportunity, of being more impactful with that wealth today.