Are you saving enough?

Genevieve Signoret

Letter from the President

Most people I meet aren’t saving enough. Are you? To answer, ask yourself the following:

  1. Consider each life stage: while your children are dependent and live at home, while they’re still dependent but are away at school, after they’ve become financially independent but you’re still working, and after you retire. What will your dependent children and you live on, including pay for major medical insurance, at each stage of your lives? Will your income be sufficient?
  2. In each stage, how will you pay for your children’s schooling?
  3. Do you have enough risk coverage? Risks include:
    1. That you, your spouse, or any of your children will become permanently disabled.
    2. That either bread winning spouse will die, face extended unemployment, or face a business crisis.
    3. That, in your old age, you’ll reach a point where you need full-time nursing care.
  4. Will you be able to leave a legacy to your descendants or (perhaps through a foundation) to society?

If you need help thinking this through, call me at 52 (442) 210-3847. Or write to me at


Previous Letters from the President
Keeping ETF trading costs low, Part I (2014 31 10)
Seizing on this moment and congratulating you (2014 10 17)
A buying opportunity (2014 10 16)
5 reasons not to participate in Alibaba’s IPO (2014 09 16)

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