This monograph is about managing our financial wealth in the context of having both human and financial capital. The portfolio that works best tends to hold stocks and bonds as well as insurance products. We are attempting to put these decisions together in a single framework. Thus, we are trying to provide a theoretical foundation—a framework—and practical solutions for developing investment advice for individual investors throughout their lives. In this chapter, we review the traditional investment advice model for individual investors, briefly introduce three additional factors that investors need to consider when making investment decisions, and propose a framework for developing lifetime investment advice for individual investors that expands.