When talking with clients about life events and what that might mean for their investment strategy, I discuss the importance of flexibility and foresight. I once worked with a client who was expecting a child and advised them to adjust their investment strategy to include more predictability – an approach that would promote stability and provide a more consistent long-range growth for the betterment of their growing family. We looked over their holdings and made the portfolio more conservative while also setting aside some money for the kids’ education. After all, not only did we protect the nest egg but they also now had a financial plan that matched their changing life priorities, illustrating EIFPL’s final point: a person’s investments need to change with their life changes.