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Hi, and welcome to the Longview. I'm Jeff Patack Global Director of Manager Research for Morningstar Research Services. And I'm Christine Ben's director of personal finance for Morningstar.

Our guest on the podcast today is financial advisor and author Tim Mauer. Tim is the director

of advisor development for Buckingham Wealth Partners. He co-authored The Ultimate Financial Plan,

balancing your money and your life with Jim Stovall,

and he also wrote Simple Money, a no-nonsense guide to personal finance.

He's a member of the CNBC Financial Advisor Council, and is also a regular contributor to CNBC, Forbes, and Time Money.

Tim is a certified financial planner and a graduate of Towson University.

Tim, welcome to the Longview. Thank you so much. It's a pleasure to be here.

You're a proponent of what's called financial life planning. Is that the same as goal-based planning,

or would you say it's broader than that? It could be goal-based planning, but I do believe it's broader than that.

Maybe goal-based planning falls under that umbrella header of financial life planning.

But, you know, in short, to me, financial life planning is just financial planning done right

and the way that it's always been done really from the beginning.

So even though it's a term that might be a little bit newer, I think it's a practice that has

been emerging for about 30 years now.

So can you describe what that is, tell our listeners what financial life planning means?

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