Average person Quote by Christopher K. Abts
““Th e average person spends much of his or her lifetime building financial security, but it can be lost, never to be regained. That’s why you need to carefully assess your definition of financial security and make sure it is realistic for the goals that you have set. You can take the necessary steps to put that plan in place, and never lose that financial security, and to pass on your values and assets to the coming generations.””
About This Quote
Source Book: Financial Planning Essentials, 2019
Financial security is fragile; define realistic goals, plan carefully, and preserve wealth for future generations.
In simple terms: Security is fragile; plan wisely.
Key Takeaway
Create realistic financial plans.
Themes
finance
legacy
risk management
Mood
cautious
determined
Type
advice
practical
When to use this quote
- retirement planning
- estate planning
- investment strategy
- education funding
Key Concepts
economics
family wealth
Questions to Reflect On
- What does financial security mean to you?
- How will you protect your legacy?
A Different Perspective
Unexpected events can still disrupt plans.
