3 (Bonus Episode). Coronavirus, Complex Adaptive Systems, and Creating Resilience with Carolyn McClanahan, M.D., CFP®, Founder of Life Planning Partners

Today we welcome Carolyn McClanahan, M.D., CFP®, Founder of Life Planning Partners to the In the Suite guest chair for this special bonus episode on Coronavirus. Carolyn was one of the few financial planning professionals to read the COVID-19 tea leaves back in 2013—calling it the next black swan.

In this episode, Carolyn provides valuable insights about the virus from her earlier work in medicine with Complex Adaptive Systems, virology, and immunology. From the financial planning perspective, she shares the keys to managing your family through a global health and economic crisis, practical keys to staying safe, and effective strategies for creating resilience over the long-term.

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Chapters

• 3:30 How Carolyn was able to predict the impact of Coronavirus from back in 2013
• 5:19 Whether Coronavirus can be expected to be our “new normal”
• 6:36 The flaws of how experts have traditionally approached finance, medicine and science
• 8:17 An approach to finance, medicine and science that would serve us better
• 13:59 The key questions Carolyn to ask new clients
• 16:09 The genesis of Life Planning Partners
• 18:00 The number 1 factor in determining risk tolerance
• 21:38 How to handle health and finances in age of Coronavirus
• 28:45 The final verdict on wearing masks
• 34:13 How to care for loved ones during these unprecedented times
• 40:17 What people should be thinking of after Coronavirus
• 48:44 The origin story of Carolyn’s rather unique hobby
• 54:38 The physical object you never saw coming that gives Carolyn superhero strength