By: John P. Napolitano | Founder and Chairman
I think quality of life might be the best measure of success when it comes to financial planning. As much as most of us love winning the money game, what is money worth? What good is it if we don’t enjoy it?
We meet phenomenally wealthy people on a regular basis, but only some of them are living a life they love. What gives?
How do you measure your quality of life? Try this: there are 168 hours in each week. How do you really want to spend those 168? Do the math. Subtract sleeping, bathing, eating, cleaning your house, mowing your lawn—whatever the things are that you just have to do—there’s probably only 30 or 40 hours left. How many of those hours do you spend doing things you love? With people you care about?
So, while our balance sheet is critical, it’s not the best measurement of whether or not we’re winning the game. When we design a fully integrated financial plan, its primary goal is to enable the life you want.
When you love your 168 hours, then you know you’re winning.
