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How to Live a RICH LIFE

How to Live a RICH LIFE

June 02, 2021
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Living a rich life isn’t just about having a high net worth with a great lifestyle. It goes beyond that, extending to fulfillment, happiness, and contentment.

why?

some say it’s because money by itself can only buy the kind of happiness that’s based on individual achievements and status. 

A truly rich life is multi dimensional. It includes financial freedom, as well as strong relationships and extraordinary experiences. But it has to be something that each of us determines for ourselves...

there’s no single true path to a rich meaningful life.

So, what’s the key to living your richest life? A big part of it is using wealth with purpose, so it supports your values and enriches your experiences. And that means something different for everyone.

WHAT DOES YOUR RICH LIFE LOOK LIKE?

  • Maybe it's paying for all your kids'/grandkids' college education?
  • Or maybe it's making the first tracks on some fresh powder out in Steamboat, Colorado snow skiing.
  • It could be ditching your current 9-5 job to pursue your dream or passion.
  • How about taking that trip across the pond for your first international travel experience?
  • Maybe it's helping your kid start their own business? Maybe even running it with them?
  • What if you went on a year long hiatus from work and traveled with your spouse (love this idea).

Whatever it is, paint that mental picture of what it would look like. Remind yourself of that picture from time to time and work like crazy to turn it into reality. We only have one life to live.

Financial Lesson:

Living a Rich Life is About So Much More Than Wealth

Wealth is more than simply having money. Wealth offers choices and freedom. It can empower you to invest in anything that supports your values, purpose, and goals. That can mean traveling, supporting your loved ones, building your dream home, or seeking new and exceptional experiences.

The real challenge comes with knowing your purpose in defining what your unique rich life looks like.

In fact, research shows that nearly half of the folks with a high net worth don’t have a clear purpose or they aren’t planning for their wealth. It also shows that people who work with a financial adviser are more likely to make progress towards their goals, when compared to those who don’t work with an adviser.

As financial advisors and planners, we have a lot of experience helping people discover the purpose behind their wealth - and helping them use their wealth to live in authentic, meaningful life. We know how to create financial strategies that may help maximize opportunities in support what’s meaningful to you.

So, if you’re not sure what a rich life means to you, or if you were looking for advice on how to enjoy the wealth you’ve built all protecting your future our team is here for you.



1. https://www.medicalnewstoday.com/articles/320410

2. https://newsroom.bankofamerica.com/press-releases/global-wealth-and-investment-management/putting-wealth-action-competing-priorities