Next I needed to stop thinking about my finances and other assets. I had to select someone or some company to manage my holdings. I went about this task as if I were selecting someone to work directly for me. I created a job description and included a list of required work experience. I then went on the search for a financial consultant. I soon learned that there are a lot of people who think they are a financial consultant but in fact they are just sales people.

I cannot say just how often I heard the same type of sales pitch. The only difference in the sales pitches were how good the Company they represented could handle my holdings. Oh lucky me. Just think, if I selected one of these sales people I would pay them a percent of my total holdings and they would follow their Companies guide. Not much thinking and my holdings are held in funds managed or approved by one Company. The Company’s purpose is to increase profit and shareholders’ value; their purpose is not to improve my holdings.
After screening multiple consultants and meeting with more than one dozen, I finally selected someone who met my job description. This person was qualified to manage my holdings. He met all of my job requirements and he was someone I felt I could trust. This person was a degreed individual (in finance) with a CPA. He had years of experience, a successful business, holdings of his own, and past success of his own. He had selected the financial intuitions’ my holdings would be invested with, along with his own holdings. He understood my goals and purpose for the holdings. Another item completed from my list.

With the selection of this person some of my other items became completed with his help and evaluation. He performed an evaluation of my holdings and was able to determine that they should outlast me. He based this on the probability that I would not live past 110. That evaluation solved my item number three concern and that was to determine if I had the resources needed for my remaining years.

Together we then developed my one year finance budget based on my current wants and desires. This budget allowed me two major vacations each year plus two minor vacations. In addition, I could maintain my homes and when going out to eat, enjoy my meal at something other than a fast food burger bar. Heck, I could even enjoy some wine and it did not need to come in a box.

Well I plan to share this information with my children and extended family and I will, just not today.