Do Business. Do Life. — The Financial Advisor Podcast — DBDL

057: Arthur Brooks - The Science of Happiness and Helping Retirees Find Passion & Purpose

Mar 27, 2024

Harvard professor Arthur Brooks discusses the science of happiness and money, sharing insights on the correlation between money and joy, lessons from working with leaders like Oprah and The Dalai Lama, and guidance for retirees seeking fulfillment. Explore the impact of money on relationships, the pursuit of true happiness beyond wealth and fame, navigating professional decline, crystallized intelligence, and raising children with love and values in a privileged environment.

01:00:56

Episode guests

Arthur Brooks

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Episode notes

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Quick takeaways

Money doesn't guarantee happiness; focus on experiences and giving back for true joy.

Real friendships are vital for happiness, especially for leaders combating loneliness.

Transition from fluid to crystallized intelligence with age, emphasizing mentorship and serving others for fulfillment.

Deep dives

Money and Happiness Correlation

Money does not lead to automatic happiness, as Mother Nature deceives us by linking earthly success to happiness. Financial resources help avoid misery, not necessarily increase joy. People wrongly chase more money thinking it will bring happiness, but true satisfaction comes from how money is spent, such as on experiences with loved ones or giving to causes.

Introduction

3min

The Science of Happiness and Money

8min

The Pursuit of True Happiness

23min

Navigating Professional Decline and Transitioning Roles Successfully

15min

Exploring Crystallized Intelligence, Writing Books, and Learnings from the Dalai Lama

3min

Raising Children with Love and Values in a Privileged Environment

3min

Integrating Business and Life Through Love and Worship

2min

Reflecting on Impactful Listener Reviews and Special Memories with Virginia and Team Member Kristen Shea

3min

Today, I’m joined by a very special guest, Arthur Brooks, to discuss a very special topic: happiness.

Arthur is a Harvard professor, author, and social scientist specializing in happiness. He has written 12 books, including the New York Times bestseller “Strength to Strength,” along with “Build the Life You Want,” a book he co-authored with Oprah. Arthur is also a columnist for The Atlantic and was selected as one of Fortune Magazine’s “50 World’s Greatest Leaders” while serving as president of the American Enterprise Institute, one of the world’s leading think tanks.

In short, Arthur’s done it all. And if you want to talk about the science of happiness — and money’s role in the equation — he’s your guy. So that’s what we did in this episode.

Strap in for a packed conversation that applies to the core of doing business and doing life. You’ll hear about the relationship between money and happiness, how to adopt different habits that may increase your happiness, and how your brain changes as you age — and what that means for how you run your business.

3 of the biggest insights from Arthur Brooks…

Discover the correlation between money and happiness — and the science behind our endless pursuit for more!

What Arthur learned from working alongside infamous leaders like Oprah and The Dalai Lama – including their secrets to living a happy life.

Why do so many retirees feel empty and unfulfilled? Arthur explains what’s going on psychologically and gives his best advice for helping your clients navigate retirement with passion and purpose.

GIFT FROM THIS EPISODE + JOIN THE DBDL INSIDER CREW

Today's Gift: Get a free copy of Arthur's book, "Build the Life You Want: The Art and Science of Getting Happier" [while supplies last]

To get access to today's free gift AND become a DBDL Insider with VIP access to future resources and exclusive content, text "57" to 785-800-3235. *Message and data rates may apply. Reply STOP at any time to opt-out of receiving text messages.

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DISCLOSURE

These conversations are intended to provide financial advisors with ideas, strategies, concepts and tools that could be incorporated into the advisory practice, advisors are responsible for ensuring implementation of anything discussed is in accordance with any and all regulatory and compliance responsibilities and obligations.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Do Business. Do Life. — The Financial Advisor Podcast — DBDL

057: Arthur Brooks - The Science of Happiness and Helping Retirees Find Passion & Purpose

Episode guests