We All Have Money Blind Spots

We All Have Money Blind Spots

Blind spots, in the realm of investing, can be likened to the unnoticed smudges on a pair of glasses. They obscure a clear view of reality but can easily go unnoticed. In the world of finance, this can have costly implications. In reality, everyone has blind spots, not just in investing but in various facets of life. They shape our choices, often without our realization. By acknowledging their existence, seeking external guidance, and being open to feedback, we can navigate the treacherous waters of the investment world with a clearer vision. After all, the goal is not just to invest but to do so wisely and efficiently. Here are some examples and steps you can take to help manage blind spots.

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Legacy Planning is Much More Than Estate Planning

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Legacy Planning is Much More Than Estate Planning

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).

Can AI Help Improve Your ROL?

Can AI Help Improve Your 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.

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Age-Based Retirement Deadlines You Must Be Aware Of

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Age-Based Retirement Deadlines You Must Be Aware Of

When can you access your savings without a penalty? When should you enroll in Medicare? At what age is it best to collect Social Security?

In the years leading up to retirement, there are a number of key milestones and deadlines to consider. Without careful attention, it's easy to miss these checkpoints and the consequences can be severe. Let's delve into eight crucial moments to help you stay on track.

In the years leading up to retirement, there are a number of key milestones and deadlines to consider. Without careful attention, it's easy to miss these checkpoints and the consequences can be severe. Let's delve into eight crucial moments to help you stay on track.

Taking a Sabbatical as a Physician

Taking a Sabbatical as a Physician

While some doctors don't think they can afford to step away from their practices, it might be better to ask yourself if you can afford not to.

The demands and stress of the last few years have caused a major spike in physician burnout, which can have serious life-or-death consequences for doctors and their patients. You might need more than just a long weekend or an extended vacation to get your Return on Life back in order.

A physician's sabbatical can give doctors an opportunity to step back from their routines, engage in different activities, learn more about medicine and themselves, and return to work with renewed energy. Work through this three-step process to design a sabbatical that could get you back in touch with why you became a doctor in the first place.

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Be a Good Steward of Your Time in Retirement

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Be a Good Steward of Your Time in Retirement

When you're a new retiree, staring at that blank page where your work schedule used to be, time might seem so abundant that you forget just how valuable it really is. But if you treat retirement like an endless weekend, you might be surprised to look up in a month, a year, or a of couple years, and realize you don't feel as fulfilled as you thought you'd be. All those hours puttering around the house might suddenly feel like a precious resource you've wasted.

Being a good steward of your time is a skill that will only become more important as you progress in retirement. Here are some ideas to help you manage your days with a sense of purpose and contentment that will improve your Return on Life.