Stephen B. Yim, Attorney at Law | Sep 4, 2023 | Sept - Oct 2023, Wisdoms
In Sherry Turkle’s book, Reclaiming Conversation: The Power of Talk In A Digital Age, she writes about the process of the virtuous circle of communication by discussing the poet, Henry David Thoreau’s moving to Waldon Pond to live more deliberately. Thoreau furnished his cabin with three chairs. One chair to represent solitude, where he could self-reflect on matters most important for him. Two chairs to engage in conversation where he could express his thoughts to another.
Michael W. K. Yee, Financial Advisor and Certified Financial Planner | Sep 4, 2023 | Wisdoms
Approximately 23 million Americans ages 65 and older are single, divorced or widowed, according to the most recent data available from the U.S. Census Bureau. That means there are many people in this country who are planning their retirement on their own, without the help of a spouse or partner.
Michael W. K. Yee, Financial Advisor and Certified Financial Planner | Jun 4, 2020 | June-July 2020, Wisdoms
Historic market volatility has washed over the globe in recent weeks. The spread of COVID-19 (the disease caused by coronavirus) has precipitated a record drop in the stock market and a sharp plunge in bond yields, sending the U.S. into its first bear market in over a decade. People around the world are facing a health crisis that’s driving an economic crisis, which are leading to high levels of anxiety for families and individuals regarding their well-being and financial situation.
Michael W. K. Yee, Financial Advisor and Certified Financial Planner | Jul 25, 2017 | Aug-Sept 2017, Wisdoms
By Michael W. K. Yee, Financial Advisor and Certified Financial Planner Saving for — and even thinking about retirement can be overwhelming. While it’s natural to worry about your financial future, be careful not to let preconceived notions prevent you from actively...
Michael W. K. Yee, Financial Advisor and Certified Financial Planner | Apr 1, 2016 | April - May 2016, Articles, Wisdoms
You have the resources to turn your house into the dream home you’ve always wanted. Now, what? Here are some tips to help you plan your remodel. Compile your wish list. Prioritize your list by identifying what projects and features are important to you and your...
Michael W. K. Yee, Financial Advisor and Certified Financial Planner | Dec 1, 2015 | Articles, December - January 2016, Wisdoms
One challenge to living a good life is learning how to balance the realities of today with what lies ahead — to live in the present while you wisely plan for the future. Since change is always around the corner, you owe it to your future self to consider what you’d...
Michael W. K. Yee, Financial Advisor and Certified Financial Planner | Oct 1, 2015 | Articles, October - November 2015, Wisdoms
If you’re like most people, you periodically set aside time to clean out your home, garage or closets. It’s equally important to organize your finances. This checklist can help you get started: Cancel unused credit cards: Don’t throw away money on annual fees for...
Stephen B. Yim, Attorney at Law | Dec 1, 2014 | Articles, December - January 2015, Wisdoms
I like to call our meeting room where we meet to discuss estate planning “the pause room.” When we enter and close the door, and leave outside all the busy-ness in our lives — we put only the matters relating to estate planning on the table. We pause for about an...
Michael W. K. Yee, Financial Advisor and Certified Financial Planner | Jun 1, 2014 | Articles, June - July 2014, Wisdoms
Americans in general have strong work ethic, so a life of extended leisure doesn’t appeal to everyone. With the average U.S. life expectancy estimated at 80.1 years, there’s no reason why you can’t pursue meaningful work in retirement especially if your health is good...
Michael W. K. Yee, Financial Advisor and Certified Financial Planner | Oct 1, 2013 | Articles, October - November 2013, Wisdoms
Just five years after the onset of the financial crisis, Americans’ confidence about retirement is rising with the strengthening economy. According to the New Retirement Mindscape® 2013 City Pulse index, two in five (42%) Americans feel on track for retirement. This...
Michael W. K. Yee, Financial Advisor and Certified Financial Planner | Feb 1, 2013 | Articles, February - March 2013, Wisdoms
Speaking from experience, the relationship between financial advisors and their clients is incredibly important. Whether you rely on your advisor to help with retirement planning, saving for college, or meeting other goals, this individual will help determine how you...
