Stress increases with a shift in our culture, there are challenges to generate wealth for retirement, but there are proven ways to get off the hamster wheel and create balance. Does your chest tighten with anxiety at the thought of adding one more item to your “to-do” list? Would you like to minimize that anxiety?
Thirty-nine percent of respondents surveyed by the American Psychiatric Association (APA) reported being more anxious than they were at the same time last year with the largest increase in the area of finances. “That increased stress and anxiety can significantly impact many aspects of people’s lives, including their mental health, and it can affect families,” APA president Anita Everett said in the report.1
Financial planning is not all about money. This concept is the foundation for my holistic approach to wealth management and a more balanced life. I will work with you and your family to reduce anxiety, set goals and reach them in the midst of an ever-changing environment.
Stress increases with a shift in our culture
Our traditional cultural practices kept a family unit in close proximity. Kids learned skills and trades from their parents, and then began careers that supported the family business or a familiar area of expertise. They earned income as their parents aged and helped maintain the family unit. Most individuals didn’t need to worry about retirement as they were financially supported from one generation to the next.
Today, children choose completely different careers, sometimes relocating across the U.S. or even to another country. The priority of taking care of family, parents and communities has decreased for many individuals. We must plan to take care of ourselves when we are no longer physically able to produce income.
The challenge to generate wealth for retirement
Now that we must build an adequate nest egg, our tendency is to focus on making money. We seek
security through money. Driven by cultural beliefs, we devote much of our time to work. As a result, our anxiety increases and family structure suffers.
A proven way to get off of the hamster wheel and create balance
The focus on making money and the lack of work-life balance generate additional anxiety leading to an overall dissatisfaction and the breakdown of relationships. So how do you remove yourself from the hamster wheel? Taking the first step can be difficult, even scary. That’s why working with a trusted coach and advisor can make the transition much easier and more successful.
I will help you:
- Determine how much is enough.
- Make wise financial decisions.
- Live the best life possible given whatever resources you have.
- Avoid incurring additional costs to family, friends, health, etc.
- Truly enjoy the journey.
Wherever you are on your journey, I can help. If you’re not sure where to start, I’ll help you figure it out. When you’re already on that happy path, we’ll discuss other issues that may be affecting your overall life satisfaction. Contact me, Mark Blair, at Blair Wealth Management to get started. Call 610.908.6271. There’s no charge for the initial consultation.
Article published in Main Line Parent Community Blog, August 21, 2018, by Mark Blair.