When the late Stephen Covey, renowned for his seminal work The 7 Habits of Highly Effective People, passed away, he left behind more than just a legacy of transformative ideas. He also left a deeply personal project, a book he hoped would capstone his influential career: Live Life in Crescendo.
When financial planning, it is essential to know your client and, in particular, their mentality about retirement, understanding this may alter with time. Are they planning for a crescendo retirement, increasing in intensity, or a diminuendo retirement?