All the Hacks with Chris Hutchins

A Hospice Doctor’s Advice on Making the Most of Your Finances, Relationships and Time with Jordan Grumet, MD

24 snips
Aug 24, 2022
Guest
Jordan Grumet, MD
Jordan Grumet, MD, a hospice doctor and author of "Taking Stock," shares invaluable insights drawn from end-of-life experiences. He discusses the biggest life regrets, emphasizing the importance of personal connections over financial success. The conversation delves into redefining wealth, viewing money as a tool for fulfillment rather than an end goal. Grumet also explores effective ways to navigate difficult family conversations about finances and estate planning, encouraging a focus on living a meaningful and regret-free life.
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ANECDOTE

Life Reviews

  • Jordan Grumet uses life reviews with hospice patients to understand end-of-life regrets.
  • These reviews are qualitative, focusing on patients' stories and experiences, not just data.
INSIGHT

Deathbed Regrets

  • People rarely express financial regrets on their deathbeds, focusing instead on unfulfilled purposes.
  • They regret not pursuing passions, not the lack of a specific net worth.
ADVICE

Find Your Purpose

  • Visualize your deathbed regrets to identify your purpose.
  • Ask yourself: 'When did you last wake up excited about an idea and pursue it?'
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