Oct 26, 2021
In this episode, The Annuity Man and Jamie Hopkins discuss:
- ROS - Return on Sleep
- From an accumulation to a decumulation mindset
- Living your retirement meaningfully
- Changing your relationship with money
Key Takeaways:
- People often don’t care about optimal, people care about being happy. Giving people a good retirement experience, a Return On Sleep, is better than giving optimal results.
- Point your focus towards what you’re planning to work towards or what you want to acquire - accumulating money isn’t going to do you any good if you don’t convert it into anything that will make your retirement a joyful experience.
- If you go into retirement and end up not having any passion for anything or not having anything you care about, you’re not gonna have a great retirement - whatever it might be, find that piece that will make your retirement meaningful for you. That’s true wealth.
- Think about rewiring your preconceptions around money and wealth - it takes more than planning, it takes coaching and being aware of the misconceptions that you hold.
"Would you give up all your money if it means that you’ll be happy for the rest of your life? Most people would say yes - that’s what we’re aiming for. Dollars are a means to an end." — Jamie Hopkins
Connect with Jamie Hopkins:
Website: https://www.jamiehopkins.com/
Twitter: https://twitter.com/RetirementRisks
Book: https://www.jamiehopkins.com/book/
Connect with The Annuity Man:
Website: http://theannuityman.com/
Email: Stan@TheAnnuityMan.com
Book: Owner’s Manuals: https://www.stantheannuityman.com/how-do-annuities-work
YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g
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