Susan Bradley, founder of the Sudden Money Institute, said she has uncovered a fundamental truth: Almost everyone is in some form of a life transition.
And how well you manage that transition often determines how well you make financial decisions.
"Look at baby boomers," she said. "By definition, they are starting the [densest] time of transition in their lives, whether they're going through retirement, divorce [or] selling their businesses." Bradley has been providing research, training and services in financial-transition planning for 15 years.