Retire With Purpose - The Retirement Podcast 449: The Stoic Path to Wealth with Darius Foroux
Today, I'm speaking with Darius Foroux. Darius's work has been featured in Time, NBC, the Observer, and the Economist. He's also the host of The Darius Foroux Show: Mindset, Business, Money, which is available on all podcast platforms. Darius teaches online classes on wealth building and has written eight books, including his newest work, The Stoic Path to Wealth: Ancient Wisdom for Enduring Prosperity.
In his new book, Darius applies ancient wisdom to the chaos of the modern-day market. He investigates how discipline, emotional distance, and self-mastery–techniques passed down over thousands of years–give us the tools to live better financial lives and weather economic storms today.
In this conversation, we explore how his experience as an immigrant helped shape his financial philosophy, why Stoicism is so uniquely suited to making sense of modern-day problems, and the beauty of staying on this path to build a purposeful life and legacy.
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In this podcast interview, you'll learn:
- How moving from Iran to the Netherlands as a young child with almost no possessions helped him to achieve financial success on his own terms.
- Why Stoicism gives people a clear vision for building long-term wealth.
- What happened when Darius made the decision to become a writer–and how this high-risk bet ended up paying off.
- The four pillars of Seneca's life that you can use to shape a beautiful retirement and legacy.
- Why it's so hard to define what "enough" is, to find contentment, and avoid shiny object syndrome.
- The power of creating a "non-attachment" to your money as part of a winning investing strategy.
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Show Notes: Howardbailey.com/449
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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