TRANSCRIPT:
Calculating your financial plan and your financial needs lies at the interception of calculating and calibrating regret. Think about it this way, what do you want your obituary to say? Let’s figure out how to find the balance financially and personally so you can live the life you’ll be proud to look back on. Hi, I’m Hunter Brockway, founder of Boca Retirement Strategies. We help guide people to a successful stress-free retirement where they can spend more, enjoy more, and avoid being killed in taxes. Almost everyone is either spending too much or saving too much. It’s tough to actually find the right balance in life.
Actually, I argue it’s impossible to know your perfect balance until you’re lying on your deathbed. So here’s a powerful way to reframe it. What do you want your obituary to say? When you know what’s most important to you, you can start working toward it today. You can spend structured, meaningful time with your family and friends.
You can enjoy your hard-earned money while leaving a legacy. This approach isn’t just about numbers, it’s about mindset. The book The Psychology of Money by Morgan Housel dives into how our behaviors shape our financial lives. It teaches us that financial success isn’t just about what you earn but about how you save, spend, and invest over time. Here are a few key takeaways. Luck and risk play a bigger role in our financial outcomes than most of us realize. Number two, compounding is your superpower but it requires patience and a long-term perspective. Number three, personal finance is deeply personal.
Your plan should reflect your values and goals, not someone else’s. Number four, finally, it’s important to know when you have enough. Overreaching or being greedy can undo years of hard work. Your financial plan should go beyond the numbers. It should reflect your vision for life. At Boca Retirement Strategies, we help clients design a plan that blends behavior with finance so they can live a meaningful life today and secure their financial future. If you’re ready to take control of your financial future, subscribe to our channel for more tips to help you spend more, save wisely, and enjoy a stress-free retirement. And remember, your plans should reflect the life you want to live, not just numbers in a spreadsheet.
