Return on Life- What Is It & Why Does It Matter?
If you’re like most people, you worry about saving up a specific amount of money for retirement or earning a specific return of investment, or ROI, on your assets. Ultimately, how much money you have isn’t nearly as important as what you do with it. Our Return on Life philosophy shifts the focus of your financial life from numbers to meaning.
You still need money to do things. But just money by itself isn’t useful. Money is a tool. If you want to win at life or achieve the best Return on Life, it’s time to step back and approach your finances from that angle. Our financial advisors are trained to help you improve your life through financial management.
How Does Your Money Improve Your Life?
If you’re used to traditional financial advisors, it may be difficult to think about how your money improves your life. You might save and invest for the future, but it’s always with a hint of panic and fear. How long will the money last? When do I have enough money? Are my investments earning enough?
Investing isn’t without risk. But when you manage your money, we want you to think about how it can improve your life. Money helps in concrete ways. Maybe you’re saving up to start your own business. Maybe you’re investing money to send your child to college. Or maybe you’re investing to achieve financial freedom and quit the 9 to 5 job.
Your Financial Progress Is Personal
It’s easy to get caught up in comparisons. Your neighbor has a bigger house, a nicer car, a higher paying job, and a fat retirement account. In comparison, you don’t feel prosperous. These comparisons don’t help, because they don’t change your situation or how money can create more meaning in your life.
The only comparison you need to make is the one with your past and future self. Your financial progress is personal to you. We want to help you improve your finances from where you are today to allow you to follow your meaning.
Use Your Means to Provide Meaning
Since money is a tool, Return on Life is all about finding meaning in your financial future. A retirement account with x amount of dollars doesn’t translate to meaning, but the ability to travel the world when you retire does. We help you use your means to bridge the gap to the things you find meaningful in life. Proactive planning under the Return on Life philosophy is all about creating the life you want.
