Smart investors always plan for the future, whether it be managing a retirement portfolio, saving for a house or setting aside money for a child’s college education. Having a long-term financial plan certainly puts you ahead of the pack when it comes to financial security. However, when it comes to finances, even the best-laid plans of mice and men often go awry. Living Life Unconstrained By Financial Uncertainty Ritholtz Wealth Management portfolio manager Ben Carlson and his wife were recently surprised to learn that their second child would actually be their second and third children. Carlson used the birth of his twin son and daughter to reflect on the importance of adaptability when it comes to financial planning. Having a long-term plan is a great start to living a life of financial freedom. However, life will undoubtedly throw you financial curveballs along the way, so flexibility is critical. “A year ago, if you would have asked me about my financial needs over the coming twelve months, I never would have expected them to include a new home, new car or two new mouths to feed,” Carlson wrote.Source