Avoid Overengineering Estate Planning

#253: My top 10 takeaways from a retreat for high-net-worth investors, which will cover investing, managing risk, investing in your health, building meaningful relationships, parenting with purpose, and defining success in a way that goes far beyond money.

Tad Fallows is the co-founder of Long Angle, a private community for investors with more than $2.2 million in assets. He previously co-founded iLab Solutions, a global leader in cloud-based lab management software, which was acquired by Agilent Technologies.

Link to Full Show Notes: https://chrishutchins.com/10-lessons-wealth-health-happiness

Partner Deals

LMNT: Free sample pack of my favorite electrolyte drink mix

Vuori: 20% off the most comfortable performance apparel I've ever worn

Gelt: Skip the waitlist on personalized tax guidance to maximize your wealth

Fabric: Affordable term life insurance for you and your family

MasterClass: Learn from the world's best with 15% off

For all the deals, discounts and promo codes from our partners, go to: chrishutchins.com/deals

Resources Mentioned

Long Angle: Join a free private community for high net worth investors

What Is BRCA2?

Sober Founders

ATH Podcast

• Ep #248: How to Stop Over-Optimizing and Focus on What Matters with Tim Ferriss
• Leave a review: Apple Podcasts | Spotify
• Email for questions, hacks, deals, and feedback: podcast@chrishutchins.com

Full Show Notes

(00:00) Introduction

(02:01) Why Health Is Your Most Important Asset

(04:13) How to Become Your Own Health Advocate

(08:14) Different Ways to Invest in Fitness and Accountability

(12:27) Relationships: The Ultimate Compound Asset

(14:03) Why Adult Friendships Are So Hard to Build and Maintain

(16:05) Reclaiming Time for Relationships and Family

(17:15) The Power of Intentional Travel

(20:43) Lighthouse Parenting: Why You Should Allow Your Kids to Struggle

(25:01) Learning From Your Kids’ Limitless Imagination

(25:56) A Simple Exercise to Expand What’s Possible in Every Area of Life

(28:47) Redefining Success and Purpose

(34:09) Defining Your Objective to Simplify Complex Decisions

(38:44) How to Think About Managing Risk

(43:28) Diversifying Beyond the S&P 500

(47:53) Two Spectrums of Diversification and Liquidity

(50:38) The Danger of Over-Optimizing

(52:14) Why True Wealth Isn’t About Dollars

(55:45) The Importance of Designing a Life That Works For You

Connect with Chris

Newsletter | Membership | X | Instagram | LinkedIn

Editor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.

Learn more about your ad choices. Visit megaphone.fm/adchoices