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these are four goals that I want us all
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to consider to stop chasing as we
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approach 50 years old in order to enjoy
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our journey the time that we have left
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even more and the first one is to stop
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chasing career advancement and to really
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focus on the joy and the purpose of our
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career in what we're doing you know in
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your 20s if you can get a promotion
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early and and to get uh a $10,000 year
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raise a $20,000 a year raise that is
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going to compound over a 30 40y year
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career but as we're in our 50s is it
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really going to move the needle that
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much and would it be better and I'm
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suggesting that it would be would it be
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better to focus instead on enjoying our
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career enjoying the things that we're
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doing at at work enjoying helping to
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build a team and helping to Mentor other
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folks and and to make the organization
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as strong as it can be without focusing
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on you know what's in it for me now it's
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just human nature that we're going to be
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thinking about it but part of it too is
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just accepting where we are in life that
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we've likely gotten most of the
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promotions that we're going to get out
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of our life and the time we would have
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to put in to make ourselves a viable
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candidate for that next level you know
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often times that means working 60 70 80
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hours a week and that's great when
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you're in your 20s but when you're in
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your 50s think about what that extra 20
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hours a week is taking away it's taking
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away time time from your family it's
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taking away time to take care of your
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health it's taking away time for
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adventures and
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experiences and our time becomes more
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valuable than the incremental money that
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we can make so at some point it becomes
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so much so our time becomes so valuable
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that eventually retire and we say that
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it's not worth the money that we're
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getting to give up to to sacrifice what
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we need to to to to sacrifice in order
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to keep the job but in your 50s you're
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likely still not there yet where you're
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ready to retire but one of the ways to
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kind of ease into it is you know instead
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of working 50 60 70 hours a week could
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you work 40 to 50 hours a week and still
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do a really good job at job in your
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career and for your company and still be
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a valuable member of the team because
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often times what drives us to to put in
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those extra hours is we want to be the
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best right we want to be the candidate
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for the next promotion but giving
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yourself permission to get off to to to
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step out of that rat race and say it's
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more about enjoying the entire Journey
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as opposed to optimizing on this one
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piece P that can steal a lot from us
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outside of work yes it's rewarding yes
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it's nice to get those accolades at work
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yes it's it's nice to be given the the
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the assignments that everybody's excited
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about and maybe something has some
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international travel that you'd like to
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do and yes it's nice to get the the
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monetary benefits from it but you know
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what there's other things in life that
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are also nice to have so optimizing on
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life as opposed to optimizing on the
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title in optimizing on the paycheck I'm
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encouraging you to optimize on life and
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at some point stop chasing the career
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advancement okay number
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two is to stop you know bigger is better
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I live here in the United States and
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it's uh you know he with the most toys
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wins right and and better faster bigger
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cheaper and and bigger as as we get
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older at least in my case and I've been
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a financial adviser for over 20 years in
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many of my clients cases you know having
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that bigger home what that represents is
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just more work more things to go wrong
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with your house more things that need
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maintenance more things that need to be
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cleaned um and the question is you know
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do you own your house or does your house
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own you and so at least in my case when
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the kids left for college I was in a
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fairly large house in the the town I was
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in and I just wanted to to simplify I
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wanted a smaller house I wanted less
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maintenance I bought another house that
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was onethird of the size and the
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organization the HOA takes care of all
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the maintenance on the outside and you
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know what I do not miss shoveling snow
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and I don't miss finding a contractor to
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get the house painted every three or
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four years and I don't miss you know
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calling uh when different maintenance
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things need to be done there's just life
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is simpler and and so the bigger house I
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think that's one of the things that we
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can all quit pursuing particularly when
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we move you know that tends to be the
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time that we're tempted you know we're
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moving anyways we've got to pack up
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everything we move to the new town and
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we just kind of get this this square
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footage uh creep that takes place the
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realtor shows us different houses and oh
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that's nice it has an entertainment room
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and oh that's nice it has an extra
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bedroom that we could use as an office
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or or as a weight room whatever it is
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but at some time at some point you know
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what it's just nice to go to the health
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club and and let them worry about
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maintaining things and things like that
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so that's the second one the third one
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is just more stop pursuing stuff it's
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not the stuff that gives us the
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happiness and I'm going to talk about
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what in my in my experience both as an
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individual as well as a financial
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adviser what does give us the happiness
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but it's typically not more stuff right
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it's it's it's not having you know a
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fourth car when there's only two people
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in the family it's it's not having 50
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pairs of shoes uh instead of 20 pairs of
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shoes it's it's not the stuff we all
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have these cardboard boxes showing up at
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our house week after week after week and
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I know people that don't even open the
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cardboard boxes they just have so much
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stuff and is is the stuff bringing you
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Joy if it is bringing you Joy great you
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be you but I just if it's not I just
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want to put some things on a Raider
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screen that that I've seen I have an
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interesting vantage point I'm very uh
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fortunate to work with people most of us
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live our own lives and and that's how we
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learn our lessons I've been fortunate in
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my job to be able to walk alongside my
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clients over 10 20 30 years and and see
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their experiences uh been a financial
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adviser for two decades of that and I
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just have friends that for 30 years I've
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been walking alongside them and these
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are some of the things that I've learned
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and maybe one of the most important
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things is to stop comparing ourselves to
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other people and that is one of the
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things that's giving me an immense
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amount of freedom in my life is when I
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stopped comparing myself and saying am I
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doing as well as you know one of my high
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school classmates or one of my college
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classmates or are one of my business
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school classmates am I doing as well as
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them and you know it's very liberating
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it's very freeing to say you know what
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there's n billion people in the world I
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just need to make sure that I'm building
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my life as opposed to comparing myself
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to other people and for me that's been
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very liberating so what have I seen
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people do that have brought them Joy um
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it's it's it's really people focusing on
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their purpose you know what are their
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Hobbies what are whether it's a a hobby
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or volunteering what are the things that
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really bring them Joy either in work
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outside of work with the family it's
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it's focusing on
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relationships your maybe your elderly
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parents maybe your younger kids it's
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really thinking about how much more time
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do I have with them how many more
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Summers do I have with them how many
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more holidays do I get to celebrate with
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them and really making the most of each
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of those times that we do get to to be
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together and then for me it's a I I love
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it Adventures right so it's about
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relationships it's about Adventures for
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me I like to travel there's no shortage
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of Adventures the way I travel I like to
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take public transportation when I'm in
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the country I like to live like a local
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in a foreign country and that opens the
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door for me for a lot of adventurers
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sometimes they can be a little scary in
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the moment but you look back at them you
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say wow that was really interesting it
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opens some doors to some things that
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that I wouldn't have thought about so
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for me the key word is is is moments
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creating moments whether that's an
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adventure whether it's moments with
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people that I love friends things like
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that
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adventures and and just creating these
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These Memories that that you know
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hopefully when my day comes where I'm
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looking back at my life I look at those
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and those are the things that I cherish
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and speaking of cherishing things one of
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the things that I found as a financial
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adviser is people really cherish their
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time once they get through the
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transition of retirement the thought of
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retiring both financially and and just
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mentally can be scary and that's why I
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made this video here why retiring at 65
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might be a big mistake join me in that
00:09:46
video and thanks for watching this one
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bye-bye
