Dock going into the lake at sunset with a pink and blue sky

Am I Rich?

As a Certified Financial Planner™ who loves financial planning and the process around it, one of the most frequent (and pressing) questions I receive from new clients is this…

Do I have enough?

While that simple question is rarely asked so directly, it does come in the form of:

  • Do I have enough to retire?
  • Do I have enough to live the life I’ve always dreamed about?
  • Do I have enough to stop working?
  • Do I have enough to never worry about money?

These are some really important questions. And before they can be answered, one must give thought and meaning to…

What is your enough?

American society and consumerism is about never having enough.

And if we never have enough, will we ever consider ourselves rich?

Over the course of this last year, a very special someone has re-introduced the word rich into my life. At first, it was about rich conversations, then about rich experiences — and the word rich now has a solid place in my lexicon. Heck, I’m even writing about it now. I have truly appreciated the opportunity to re-define this word on my terms and to define it in the context of enough.

When we start to define the words rich and enough for ourselves, we begin to open a new world of experiencing and living life in full and meaningful ways.

For me, a rich part of my life is about the depth and quality of conversations. It seems no coincidence that my life’s work is rooted in powerful and meaningful conversations with clients, family and friends. As I uncovered this definition for myself, I simultaneously declared, I’ve been leading a rich life for years. Having rich conversations leads to clarity. With clarity comes confidence.

And with confidence comes a whole new way to being in this world.

It is true, our experiences define us. I also think it’s time that we help re-define our enough so that when we come out on the other side of this (the global pandemic), you can answer this question with clarity and confidence…

Do I live a rich life?

The foregoing content reflects the opinions of Sloan Advisory Group Inc. (unless otherwise stated) and is subject to change at any time without notice. This content is for informational purposes only and

should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that the statements, opinions or forecasts provided herein will prove to be correct.

Past performance may not be indicative of future results. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns.

Securities investing involves risk, including the potential for loss of principal. There is no assurance that any investment plan or strategy will be successful.

Get connected and receive Rachel’s advice and guidance delivered directly to your inbox!