Oct 20 2023 56 mins
Kathleen Adams, CFP® CPWA® is the co-founder of Second 50 Financial, empowering successful entrepreneurs and executives to plan for and envision a second 50 years filled with financial confidence, opportunity, and vitality. As a financial planner for over 20 years, she is in the lifestyle preservation business.
She and her team have developed a unique process to address the expanded needs of successful business owners and entrepreneurs who are enjoying a wonderful lifestyle and require a different kind of financial plan for the second 50 years: Lifestyle Preservation Planning™ (LPP). LPP™ starts with developing current and future income streams to support the owner's cashflow needs by strategically customizing wealth distributions with passive income sources. Planning to finance new opportunities, increase longevity through access to health and wellness breakthroughs, and enhance family relationships are all a part of preserving lifestyle. Appropriate investment management remains an essential component and when combined with LPPTM, the full potential of the second 50 years will be maximized.
Kathleen is a member of Investments and Wealth Institute, Los Angeles Chapter of the Financial Planning Association, The Purposeful Planning Institute, South Bay Estate Planning Council, The Napoleon Hill Foundation, The Lifetime Extender Affinity Group of Strategic Coach , Abundance 360, & Bruins Professionals.
Kathleen has a BSc degree from Loyola University in Chicago. She earned her CERTIFIED FINANCIAL PLANNER™ certification & completed the Personal Financial Planning designation program at UCLA Extension in 2003. In 2015, Kathleen earned the Certified Private Wealth Advisor ® designation, in advanced wealth management strategies and applied concepts through IWI in conjunction with The University of Chicago Booth School of Business and the Applied Behavioral Finance Certificate enhancing her industry knowledge.
Kathleen is originally from Chicago, IL, but has lived in Manhattan Beach for the last 30 years.
Disclosure:
The information contained herein is for general educational and informational purposes only. It is not intended as personalized investment, tax, legal, or other advice. We do not provide any tax or legal advice. You should consult with your independent investment, legal, tax, and/or other professionals with respect to your individual situation and needs before considering taking any action.
Guest: Kathleen Adams
LinkedIn Kathleen: https://www.linkedin.com/in/adamskathleen/
LinkedIn Second50: https://www.linkedin.com/company/second-50-financial/
Website: https://www.second50financial.com/
Host:
John L Wheaton
Blog: https://johnlwheaton.com/
LinkedIn: https://www.linkedin.com/in/john-wheaton-pe-leed-ap-0694886
Twitter: https://twitter.com/JohnLWheaton1
Instagram: https://www.instagram.com/johnlwheaton1/
Wheaton Sprague and Affiliates:
Company: https://www.wheatonsprague.com
Twitter: https://twitter.com/wheatonsprague
Instagram: https://www.instagram.com/wheatonsprague/