RW Butler Capital, Inc.

Specializing in Retirement Income

A Genetic Link to Foresight and Stability

Ware-Butler TruckBack in the 1920s, John Ware and my grandfather, Perley G. Butler, were partners in a logging operation in the Jackman, ME area that wholesaled lumber to buyers in the Boston and Connecticut markets. Around 1924, a recession prevented them from shipping lumber by train to those areas. As a result, the two men were forced to stockpile cut lumber at a site they owned on North Street in Waterville. They began retailing lumber and other building supplies under the corporate moniker Ware-Butler, Inc., which is still in operation to this day at three locations, including that original lot in Waterville. The two men showed their ability to survive and prosper despite the vagaries of the economy. That ability to change with the times has characterized Ware-Butler ever since. Mr. Ware died in 1947 and my grandfather followed him in 1948. Grandpa had wisely purchased a generous life insurance policy that allowed my father to go to college, which is where he met my mother - and that's where my story begins.

Richard W. ButlerMy story really begins in 1994 when I was working as a designer at Bath Iron Works, a large shipbuilding yard on the Kennebec River established in 1826. Many fine naval and commercial vessels were launched there. I wasn't necessarily unhappy in the work but I realized that I wanted to be of greater service to others. After some soul searching and objective assessment of my skills and talents, I decided to pursue a career in personal finance. I found out that not only did I have an affinity for the complex financial and legal aspects of this field, but that I was adept at helping people navigate the murky emotional waters of planning for their futures, particularly couples. I discovered that I felt empathy for what each party was saying and that I was often adept at helping them understand and appreciate each other's point of view.

I'm a fan of Suze Orman's writing. I believe she's clear and succinct, and we share many of the same philosophies. To that end, I teach a free course at McArthur Library here in Biddeford using her book, The Money Class. The subtitle of the book is How to Stand in Your Truth and Create the Future you Deserve. That's what I want to do, help you stand in your truth and help you create the future you deserve. One of the most impactful passages in the book is when she talks about family:

"Family has always been at the heart of the American Dream. We work, we strive for the sake of our family. We want our children to have endless opportunity, to be free to achieve and create and flourish. We want our parents to enjoy good health, to reap the benefits of a lifetime of hard work and sacrifice on our behalf, to live out their golden years free of financial worry. Sacrifice - that word was so ingrained in a generation of immigrants who came to America to make a better life, not necessarily one they themselves would realize, but for future generations. That is still true to this very day. No matter the current state of the American Dream, the promise still shines and American shores still beckon: If you work hard, you can improve your life and the lives of your loved ones.

"I cherish that promise, as an American and a woman whose grandparents, full of hope, emigrated from Eastern Europe at the turn of the last century. And certainly if you read my books or watch me on TV, you know how important family is in my own life. I'm blessed to have my mother with me, to have a spouse, to be surrounded by siblings and nieces and nephews at holidays, and to be able to enjoy and share the gifts life offers us and the fruits of what we have been able to create with those we love best."

This is not necessarily the language one would expect from a financial guru, but these are all feelings that I share. She's talking about the same legacy that was handed down to me by my grandfather, Perley Butler, and, in turn, by my own father and mother. It's the same legacy that I want to hand down to my children and help you hand down to yours. It can be very emotional stuff, but I can help you with it.