Emotional Wealth: Building Relationships for Your Endgame
As you approach your endgame, it’s easy to focus on financial plans, assets, and securing a comfortable future. But what truly sustains you in the later years is emotional wealth—the relationships you nurture and the connections you make. While wealth in the traditional sense is important, relationships are what give life meaning.
The Power of Relationships in Your Endgame:
In your endgame, relationships should take center stage. Emotional well-being is linked to the quality of your relationships, and research shows that people with strong, supportive social networks live longer, healthier, and more fulfilling lives. These relationships provide purpose, companionship, and emotional resilience as you face the challenges of aging.
How to Build Emotional Wealth:
Prioritize Your Loved Ones: Whether it’s your spouse, children, or lifelong friends, investing time and energy into these relationships brings immeasurable rewards.
Stay Connected: In a world full of distractions, intentionally carve out time to be present with those who matter most.
Create New Bonds: Don’t limit your relationships to just family. Engaging with your community, neighbors, and even joining new groups can foster a rich social life.
Conclusion:
Your endgame isn’t just about finances or health—it’s about the emotional richness of your life. Strengthening your relationships is the key to ensuring that your final years are not only lived but cherished. If you’re ready to explore how your relationships and financial plans can work hand in hand to build the endgame you deserve, let’s chat. Schedule a call today to start designing a future full of both financial stability and emotional richness.
HOMESCHOOLING: Haven or Havoc?
Your child's school years are precious and fleeting.
Now could be your best time to step up where your school is letting your child down. Let this series of myth-busting short chapters encourage you.
2 Major Mistakes
Which one will you make?
Which of these 2 retirement mistakes are you making right now? It's impossible to entirely avoid both mistakes.
You won't know for sure which mistake will work out better for you until it's too late.
How to choose?
Finding the Will
(Part 1)
Part 1: Have the will to arrange for a smooth transition when you’re no longer around to answer questions
Have the will to arrange for a smooth transition when you’re no longer around to answer questions (Part 1)
Ensuring your children or other Loved Ones can readily access your important papers when you die entails a sound process versus one or two conversations. You must overcome aversion to the subject of death, procrastination of anything that is long-term, and the tendency to assume things will be fine. Family dynamics can be sweet, spicy, or dicey.
Finding the Will
(Part 2)
Part 2: Getting Organized
While the internet permits convenient access to accounts, policies, and stored documents, it presents a plethora of password management problems. which too many people avoid by succumbing to password laziness, such as:
- re-using passwords for multiple logins, or
- use simple, easy to remember passwords, or
- writing them on sticky notes placed on their monitor or under their keyboard, or
- keeping them in a spreadsheet on their computer, or
- letting their browser remember passwords for them
Embrace Your Clarence
Is Clarence your future?
Golden insight from a golden retriever.
Post-Pandemic W.E.L.L.ness
Working, Earning, Learning, and Launching to Thrive
Where life drastically changed forever two years ago, everyone adjusted to the best of their abilities.
Here are a few of the key adjustments--"pandemic pivots"--that sustained some and prospered others.
Prenuptial Adulting
Equip Them for Happily Ever After
“Mom, Dad, we’re getting married!"
“Wonderful, congratulations! Here’s what you both need to do first.”
Equipping newlyweds with essentials of responsibility leaves plenty of life yet to be discovered on their own. Adults understand that love isn’t oogly feelings; it’s a hard choice. It’s putting your commitments and your money where your mouth is.
Many of the following steps also apply to one’s turning 18 years old. Becoming engaged adds urgency and a deadline.
Rethinking Competing Funds for College and Retirement
We live in a time of skyrocketing inflation topping decades of unbridled higher education costs.
Is the tension between funding your retirement and funding (at least partially) your children’s college education keeping you up at night?
You’re not alone.
Married? Is Your Endgame 100% or Just 50%?
Are you single? That other 50% could be whoever is most important to you.
Multiple unforgiving players factor into your retirement and estate plans (collectively your “endgame”). Household names include the Internal Revenue Service, the Social Security Administration, and the Center for Medicare and Medicaid Services. Key decisions with these players are nearly impossible to reverse. Plus, if you qualify for a pension, how you activate it is another irreversible decision.
Are you more of a planner than your spouse? It’s all too common for one spouse to blindly trust the planning spouse. Countless endgame “plans” were created by 50% of a couple:
