Retire With Purpose - The Retirement Podcast

475: Freedom After 50: Exploring the Wise Wealth Matrix - Part 1

5 snips

Dec 27, 2024

In this engaging discussion, guest Les McDaniel, a certified retirement coach, shares insights on living purposefully after 50. He introduces the Wise Wealth Matrix, exploring how to move from feeling stuck to embracing a 'freedom zone' tailored to individual aspirations. Key topics include the balance of wealth and emotional well-being, the significance of lifelong learning, and the transformative power of purpose during challenges. Les emphasizes creating meaningful relationships and community connections for a fulfilling retirement.

Ask episode

AI Snips

Chapters

Transcript

Episode notes

INSIGHT

Wise Wealth Matrix

Wise Wealth Matrix has two axes: wealth and wisdom.
It helps determine if you are in the isolation, stress, comfort, or freedom zone.

INSIGHT

Wisdom and Wealth Pillars

Wisdom comprises powerful purpose, long-life learning, and radical resilience.
Wealth includes meaningful money, healthful happiness, and a caring community.

ANECDOTE

Success in the Heart

Casey Weade encountered financially successful men lacking a sense of purpose beyond money.
True success resides in the heart, not just financial wealth.

Get the Snipd Podcast app to discover more snips from this episode

Get the app

What does it mean to be wealthy and wise in mid-life? As part of our retirement coaching process, this is your opportunity to discover how to pave the way for an intentional, purpose-filled life by leveraging our Wise Wealth Blueprint.

In this episode, we discuss:

What it means to live in the “Freedom Zone”
The power of “long life learning”
The three pillars of wealth

Listen in as Casey Weade is joined by Les McDaniel to reveal the Wise Wealth Matrix, and offer guidance on how to move from feeling stuck in the isolation zone, stress zone or comfort zone and into the freedom zone.

To receive your FREE WISE Wealth Assessment worksheet, text WISE to 888-599-4491

Our Market Outlook Webinar is live! Visit https://bit.ly/4bmHkUb to register.

Show Notes: RetireWithPurpose.com/475

Rate & Review the Podcast: RetireWithPurpose.com/review

📧 WEEKEND READING FOR RETIREES: Receive CFP® insight on 4 hand-picked financial articles delivered straight to your Inbox each Friday: https://bit.ly/3OEdGgu

📅 SCHEDULE YOUR PERSONAL FINANCIAL REVIEW: Book a 15-minute call with Howard Bailey Financial to see how the topics discussed here apply to your individual situation: https://bit.ly/3z5mXIw

ABOUT HOWARD BAILEY FINANCIAL: Our mission is to help others gain clarity in purpose and elevate meaning in their lives through personal and practical financial strategies. Our Retire With Purpose™ Framework starts with establishing your unique financial philosophy — the true meaning and purpose for your money in retirement. Through continued education, one-on-one meetings, and a comprehensive team planning approach, we have helped retirees across the country secure their financial futures. And while we can't work with everyone, our goal is to provide value to everyone we meet. Our team of advisors and support specialists strive to deliver the very best experience in pre-retirement and retirement planning. Learn more about our process here: https://howardbailey.com/our-process