Life Span, Health Span, Wealth Span: A More Expansive Approach to Retirement Planning
This article appears as part of Casey Weade's Weekend Reading for Retirees series. Every Friday, Casey highlights four hand-picked articles on trending retirement topics and delivers them straight to your email inbox. Get on the list here.
Weekend Reading
Have you ever considered the benefits of focusing on your "health span” – the period of life spent in good health – over your life span?
READ THE ARTICLEThis perspective aligns with insights from various longevity experts, who believe that maintaining good health can lead to a longer, more fulfilling life.
A similar mindset can parallel to financial planning, where the focus should not only be on your duration of retirement, but also on the quality of your life during retirement. Here, author Tim Maurer critiques the FIRE (Financial Independence, Retire Early) movement for its often-extreme frugality, advocating for a balanced approach that values meaningful work and enjoyable experiences too.
Key takeaways: Your wealth – whether financial or in terms of time and health – gains its true value when applied with purpose. Strive to live life fully, protect your achievements, grow your impact, and contribute to causes that are important to you.