Most people are familiar with physical atrophy, which is defined as a deterioration, wasting away, or reduction caused by non-use. But, this same concept of "atrophy" can be applied to your financial confidence, as well. Specifically, in the planning you have already done with your financial advisor.
If we were to define financial confidence "atrophy," it would be a reduction of your confidence in the financial plan and strategies you arranged with your financial advisor. Even the best-designed financial plans can feel as if they "atrophy" without regular discussion and updating with your advisor.
Let’s take a look at how this typically plays out. Read the full article...