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‘The Money Navigator’ Lights the Path to Our Best Financial Lives

‘The Money Navigator’ Lights the Path to Our Best Financial Lives

10/03/2017

‘The Money Navigator’ Lights the Path to Our Best Financial Lives

Holistic Guide Explains Behavioral Finance to Those Who Need It Most

Paul C. Bennett, Ph.D, CFP®, a managing director at United Capital and three-time author, has published “The Money Navigator: The Essential Guide to Living Your Ideal Financial Life” (ISBN: 978-1-62634-441-9), a guide to financial well-being when we most need it, available now.

The Money Navigator cuts through the information overload around complex financial decisions, and demonstrates how the right financial planner can help anyone manage the most crucial points of their financial lives: life transitions, approaching retirement, managing money after retirement, or facing a major change, expected or otherwise.

Bennett draws on more than 25 years of experience and in-depth, independent research to show readers how their financial decisions are inextricably bound with their beliefs and emotions, why financial and insurance products are often misunderstood, and how a financial planner can help.

“The decisions we make with money affect every aspect of our lives,” Bennett says. “A Money Navigator, trained to the gold standard of financial professionalism and ethics, understands the big picture, and can keep us from making choices that don’t align with our priorities.”

The book is organized into four straightforward sections, each with take-aways for readers nearing retirement, already in retirement, or dealing with major life transitions:

  • The Age of the Money Navigator, an introduction to behavioral finance and the core characteristics of a skilled financial planner. Bennett contrasts traditional and behavioral finance, showing how the latter relates to an investor’s FinLife® – their financial life.
  • Navigating Your Decision Traps, an overview of the all-too-human biases and assumptions we make that can undermine our financial decisions. Bennett also shows how factors outside of our control, like our generation or even our birth order, can influence our choices, and how awareness of Decision Traps can lead to better financial decisions.
  • The Financial Services Industry Landscape, a big-picture view of products and services that promise to improve an investor’s FinLife®, and how a financial planner can cut through the glut of information to weigh the pros and cons of the many choices available.
  • The Money Navigator in Depth, a demonstration of what you can expect from a relationship with a financial planner, underscoring the vital importance of that relationship in the context of the current market and the value a financial planner can add to your life.

About Paul C. Bennett

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