Sarita took careful notes of what occurred at yesterday’s family meeting. I’m not going to walk through all the details. But I think a summary might be helpful. We actually covered a lot of territory. But what has happened in the last 24 hours since the meeting is perhaps the most surprising–shocking–result of all.

Now where will we head? Read the rest of this entry »

Welcome, visitor!

If you find my posts interesting, I invite you to sign up, at the top of the column to the right, to receive emails whenever I publish a new article.

Be assured I hate spam as much as anyone, I will hold your information in strictest confidence, and, of course, I always include a means for unsubscribing whenever you want.

Thanks for visiting!

Sincerely,

John Holzmann

I met today with G_____, the guy who is helping us set our family legacy goals. He gave me a preliminary read-out on “where we’re headed” financially. Pretty mind-blowing. I’m having him revise his “assumptions” in a few spots, but no matter how the assumptions go, we are looking at a potentially truly HUGE fortune to deal with before Sarita and I die.

Assuming death dates of 2040 (when we’d both be in our mid-80s) and assuming several other things as G_____ did (for example, low single-digit yields and mid- to higher-single-digit growth in most investments), we are looking at a combined net worth of well over a hundred million dollars at the time of our death. Even if we give away 50% to 70% of our Adjusted Gross Income on an annual basis.

Frankly . . . honestly . . . this seems unbelievable. It is . . . just . . . beyond belief. Beyond imagination. It “can’t” be true.

And, honestly, I am unwilling to go along with some of his assumptions. For example, Read the rest of this entry »