A client wrote to me last week — a careful, smart lawyer, the kind who reads the fine print, because reading the fine print is the job. He’d mostly made his peace with staying invested. But one thing was gnawing

This is Chapter 1 of a new series. Each one walks through a money move that sounds smart, feels responsible, and quietly sets you up to retire poor. Today: the whole life policy. It sounds like a smart move: buy

Every 1L learns a doctrine that feels, on first contact, like a glitch in the law: Adverse Possession. A squatter sits on your land long enough.. openly, without permission… and one day the law simply hands the squatter the deed.

The chart below shows a hypothetical lawyer’s lifetime income and expenses, from age 28 through 92. I’ve made reasonable assumptions: income ramps up over a career, the lawyer retires at 65, and expenses in retirement grow only at the pace

On Let’s Make a Deal, the host offers you a prize behind a door. You know how it works. Sometimes the door opens to a donkey. You’ve lost. Sometimes it opens to a set of steak knives. Technically you’ve won —

In April of 1997, I ran the Boston Marathon.  I was a 3L at Harvard Law. I wasn’t  a runner. I had no business being on that course. If you’ve been to law school, you know the strange shape of the

As a wealth manager for lawyers, I see a number of mistakes so consistently that I thought I’d summarize the top 3 most common. These mistakes aren’t random. They are not made because lawyers are careless or lack intelligence.  The

Your financial life in one chart The chart below shows a hypothetical lawyer’s lifetime income and expenses, from age 28 through 92. I’ve made a few simple assumptions: income ramps up over a career, you retire at 65, and your expenses in retirement grow