If you did a scan of financial advisory websites, you’d find a lot of similarities. Lots of photos of happy people in the active phase of their emerging retirement, most of whom have the same three hobbies: golf, sailing, and long walks on the beach. As for the words and phrases, I’d bet that some version of “sleep at night” or “peace of mind” is ever-present on these websites, too.
Indeed, peace of mind is one of (if not) the greatest benefits to be derived from wise wealth management. Yet, much in the same way that there are a lot more than three hobbies in the recently retired affluent set, peace of mind is not a singular state of being. Peace of mind looks different from one person to the next, and we must not presume what will bring it—and what will take from it—in financial planning.
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