Money Mountaineering: Using the Principles of Holistic Financial Wellness to Thrive in a Complex World

July 2021: A Note from Hope Katz Gibbs, creator, Inkandescent PR + Publishing Co. — It’s an honor to introduce more readers to this financially savvy book Money Mountaineering: Using the Principles of Holistic Financial Wellness to Thrive in a Complex World, by author and decades-long experienced actuary Peter Neuwirth.

Margaritas with Marguerita: I was first introduced to Peter when my client and friend Marguerita Cheng, CFP® Pro, brought him on her weekly show recorded Live on Facebook every Friday at 5pm EST and featured as a podcast on InkandescentRadio.com and Inkandescent.tv.

This month on Inkandescent Publishing, we feature Peter and his books: Money Mountaineering: Using the Principles of Holistic Financial Wellness to Thrive in a Complex World and What’s Your Future Worth: Using Present Value to Make Better Decisions. 

Scroll down to find details from the show, and be sure to check out Rita’s podcast and video interview with Peter. We look forward to more!

Check out the show: Money Mountaineering — The 6 foundational principles of Holistic Financial Wellness, including practical things people can do to achieve and maintain financial wellness.

Rita asks Peter: 

• Money Mountaineering lays out 6 principles to achieve and maintain financial wellness. Can you tell us what they are and why they are important?
• Your principle #3 says that individuals should get financial advice from experts who are “100% on your side”. Is that possible these days, and how do you do it?
• Your book was named as one of the 12 best business books of 2021for advisors. Which of the other 5  principles you describe would you say are the most important for Financial Planners to keep in mind as they develop financial strategies for their clients?
• I understand you have a new webinar in development around how to plan for retirement in today’s complex and uncertain world. can you tell me a little bit about it?
• You talk about  3 tools to put in your backpack. How do those 3 relate to the “3 legged stool” that many of us used to use in talking to our clients about retirement income strategies?

About Peter Neuwirth: An actuary for more than 40 years, Peter spent decades answering the question: “What is an actuary exactly?” So he has decided to go beyond answering that question to answer another: “How does an actuary think and why does it matter?”

Peter’s work is well known in actuarial circles. He is a frequent speaker at professional conferences and has been quoted in both the mainstream and industry press on actuarial matters. He is a Fellow of the Society of Actuaries and a Fellow of the Conference of Consulting Actuaries.

Peter has consulted with dozens of the largest corporations in the world around the Retirement Plans they sponsor and pay for. This experience has provided him with a deep practical understanding of three of the fundamental concepts (time, risk, money) that shape our world. Many of those insights are shared in Peter’s books and essays.

Peter’s first book, “What’s Your Future Worth” provides an accessible, step-by-step guide to using the powerful concept of Present Value—which allows readers to determine the value today of something that might happen in the future—to evaluate all of the outcomes that might arise from choosing one path as opposed to another.

In this “Money Mountaineering,” Peter explores the world of money and provides his views on its nature and the challenges we all face as we try to survive, even thrive, in this complex, uncertain, noisy, and sometimes irrational wilderness. This is a book designed to help readers understand what kind of advice they truly need—to gain a better understanding of the financial world they must live in and what they must do to make their way through it.

With a reputation among his peers as being a creative, knowledgeable, and experienced actuary with a penchant for both problem solving and thinking “outside of the box” Peter is also a storyteller who believes that story of the actuarial perspective is one that needs to be told. Pete lives in Santa Rosa, California. Visit his website and read his essays at peterneuwirth.com.