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Levin: You just might be better off by accepting financial planning mysteries

Spend Your Life Wisely / December 29, 2019

By: Ross Levin, CFP®

In his book, “What the Dog Saw,” Malcolm Gladwell talks about puzzles vs. mysteries. Regardless of how difficult it may be to understand, puzzles have solutions. If you work hard enough, you can solve them.

Mysteries have no answers because there are too many variables that affect outcomes. Mysteries are about uncertainty. In fact, we tend to overcomplicate them by absorbing too much information.

As the year comes to a close, I was thinking about how often we try to turn the mystery of financial planning into a solvable puzzle.

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This article originally appeared in the Minneapolis Star Tribune on December 29, 2019.