Today we are continuing our 4-part series on Women and Wealth by climbing the Values ladder! What does that mean? We believe living a life in alignment with your values may be the most important ingredient in creating POM, Joy, and happiness not only in retirement but throughout your working years as well.
There are many ways to gain clarity of your core values and today we are going to do a neat little exercise called THE VALUES LADDER.
Disclaimer: Please do not take advice from me on this show. As a licensed Fiduciary I am only allowed to give advice to clients. So, unless you are a client, I cannot give you advice because I don’t know you. So, think of this as helpful hints and education only. And please before implementing any information or ideas you hear on this show always consult your legal adviser, your tax adviser, and your financial adviser.
(1:00) On last week’s podcast, we set up our discussion for this 4-part series by examining the good news surrounding women and wealth and the not so good news! We mentioned that there is a lot of good news and that women are an absolute economic powerhouse today.
However, we also had to talk about the unique challenges women face regarding retirement planning that somewhat differ than the challenges of men.
In this episode, we are going to talk about building a retirement and income plan to address those unique challenges AND we are going to start to build this plan by focusing on (what I think is the most important aspect of planning) and that is VALUES. More specifically identifying your core values and making sure your plan is in alignment with those values.
Last week I mentioned teaching clients “How to live Rich” and that doesn’t necessarily mean money ……….it means VALUES. Our saying in the office is “It's not about the money it's about your life!” What we are about to do is probably the most important thing you can do to manage your money in retirement, fortunately, it is also the easiest…
(4:50) “IT'S CALLED PUTTING YOUR MONEY WHERE YOUR VALUES ARE”
(6:10) So, let’s start this exercise by asking a simple question, “what’s important about money to you?”
(10:00) Coachable Segment:
“We appreciate you joining us today for this episode of The Fiscal Blueprint.
Remember it’s not about the money but about your life!
Having a mindset and living a life of abundance rather than scarcity will change the direction of your life forever!! Enjoy the Journey!!!
“Opinions voiced in this recording are for general information only and not intended to offer specific advice or recommendations to any individual. All performance references are historical and no guarantee of future results. All indices are unmanaged and not available for direct investment.”