Stay ahead of the markets with timely insights by uncovering the latest on the global economy, geopolitics and retirement, among other timely investment ideas - Student of the Market - February 2024
According to a report published by Bloomberg, only 1.6% of job seekers relocated to take a new job in Q1 2023, an all-time low. More folks than ever value the freedom to work when, how, and where they want. Compromising on that freedom isn't just about what's best for your career, it's a question of how relocating will affect your Return on Life in three important areas.
On Thanksgiving, many families will pause their feasts so that everyone gathered around the table can share something that they are thankful for - and many probably won't.
Maybe sharing gratitude has never been a part of your family’s Thanksgiving traditions. Or maybe the practice sounds a little corny or old fashioned. But expressing gratitude to loved ones and to ourselves can have a positive impact on your Return on Life.
Here are three reasons why your family should make gratitude a part of your holiday celebrations.
Your legacy is bigger than your balance sheet. An effective estate plan, which protects and distributes your assets, is only one part of your larger legacy plan. Taking a Life-Centered approach using your intangible assets as a guide for transferring wealth will provide your heirs with life lessons.
Try this three-step process to start memorializing more than just your money and maximize your Return on Life (ROL).
There's been so much chatter about potential drawbacks of AI like ChatGPT and Google Bard that many people are overlooking how AI can improve Return on Life. From automating mundane tasks to performing more efficient internet searches, there are almost limitless applications for these services -- if you know how to get the most out of them.
This brief guide to AI will give you a better understanding of what AI can and can't do, as well as prompts you can try to free up some valuable time at work and at home.
What is the best way to establish a family legacy?
While some benefactors choose to leave everything to their heirs outright, others prefer placing some guardrails around their assets to make sure that an inheritance is handled responsibly and in accordance with the family's values.
Establishing an entrepreneur's trust in your estate plan is one way to create lasting Return on Life for your family and your community. Let's explore how an entrepreneur's trust works and review some of the key features you should discuss with your loved ones, your attorney, and your financial advisor.
What if you focused on your system instead of just your goals?
Setting goals for a new year can feel overwhelming. We all know that resolutions typically don’t last, but we also feel the energy that comes with a new year of possibilities. Here’s a clearer path for setting and reaching your goals to achieve your best Return on Life (ROL).
We tend to overestimate what we can accomplish in the short-term and underestimate what we can accomplish in the long-term. The frustration that results is one big reason why so many New Year’s resolutions die before Spring.
But if you use these key strategies that are supported by deeply-held values – and science! – you’ll set better goals, achieve them, and feel better about yourself while doing so.
A hammock on the beach. Your favorite chair in the living room. Waking up when you feel like it. A blank calendar. Doing what you want when you want. Doing nothing if that’s how you feel that day.
After a lifetime of working 40 hours per week, this scenario sure sounds appealing to many soon-to-be retirees. But the surprising reality is that a life of unstructured leisure can create stress, strain spousal relationships, and lead to feelings of uselessness and depression.
When today’s successful retirees stop working, they learn the “ART” of retirement. It’s about Activity, Relationships, and Time. They experiment. They try new things. They make new connections. And eventually, they create a new daily routine focused on the people and passions that make their lives fulfilling.
Married couples don’t always plot retirement on the same timeline. According to a recent study by Fidelity, 43% of couples disagree about what age they plan on retiring. For other folks, circumstances like an unexpected job loss or health issue push spouses onto separate retirement schedules. This also commonly occurs when there is an age difference between spouses.
When one spouse retires and the other keeps working, it's important that the couple understands the effects on their finances, their schedules, and their long-term goals. Here are three important conversations that couples should have about syncing two retirements to a shared Life-Centered financial plan.
One of the major perks of retirement is that you're free to devote as much time as you want to your interests and hobbies. On the other-hand, one of the challenges is that not everything you've enjoyed doing in your free time while working will be good for you full-time in retirement. Too much of the same thing might get boring. For example, too much time alone on the couch could be bad for your health. Daily golf tee times or lunches might get expensive, and seeing all that remaining blank space on your weekly calendar might feel overwhelming.
It's important to have some structure in retirement. Having many hobbies and activities can help with keeping things exciting, while getting you moving and providing opportunities to connect with lots of other people. If you're not sure where to start, here are six suggestions that could improve your Return on Life.
