The Seven Deadly Sins of Wealth Management

If you want a happy retirement, it's critical to pay attention to these 'sins' — ignoring even one could put your dream retirement at risk.

Hundred dollar bills on fire.
(Image credit: Getty Images)

Recently, I gave a talk — in a building that was once a church, believe it or not — on what I call the “seven deadly sins of wealth management.” I’d like to share a brief overview of those remarks and invite you to reflect on your own journey as a saver and investor.

Not to be weighty, but these are not trivial matters. These are “deadly” sins for a reason … any one of them can seriously jeopardize your chances of attaining the objectives that align with the hopes, dreams and expectations specific to you.

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Joe Maier, JD, CPA
SVP Director Wealth Strategy, Johnson Financial Group

Joe Maier is the Senior Vice President, Director of Wealth Strategy at Johnson Financial Group. Joe is knowledgeable in helping clients with their business succession, financial and estate planning and post-death administration needs. He has a breadth of experience serving family businesses and a deep understanding of wealth transfer strategies. Along with strong leadership and collaboration in corporate and private law practice environments, Joe is well-versed in working with family offices, business owners and corporate executives to help them meet their wealth and legacy planning goals.