The Struggles of High-Functioning Money-Makers.
My clients, Mary and Ned, are in their 50s and have been married for years, but they have never agreed on their finances. They had created a nest egg & their debts were less than most folks their age. However, when, where, and how to retire was driving these entrepreneurs over the edge.
I discussed their goals with them, and they planned to sell their business to help supplement their retirement. However, they had no clear idea, and it was stressful every time they tried to talk about their future.
The exit isn't as straightforward as you might think.
They both had financial advisors, and they were told they had ENOUGH money.
But "ENOUGH" is a sneaky word in an untrained money brain that can have you easily overspending,
undervalue your assets,
not invest in the proper insurance,
and be unaware of both in-person and online scams.
Then, you risk not having enough money for your final years. You increase your burn rate.
You can see that retirement accounts, assets, and income AREN'T the best predictors of your retirement.
🔑 1) It's your emotional, mental, and physical health.
It's the quality of your connections with your family and in your communities that determine an abundant retirement.
It's your money brain's agility to navigate even as you age, when you sleep, and invest in the right people and services to ensure a good outcome for you.
I helped Mary and Ned rewire their money brains from frustration, fear, and the need to be right to win (an excellent asset in business but terrible in relationships).
By relearning and choosing empathetic financial communication, their listening skills increased by 30% in 30 days. This made their money convos easier, and they felt they had come to a resolution instead of the dreaded stalemate.
They began to focus on the vision of having a retirement they enjoyed, not just the best tax break.
They designed a 15-year plan because they both knew they wanted to work into their 70s.
Many people become semi-retired during their 60s and 70s, seeking to continue utilizing their skills while contributing to their families and communities. They also report far less isolation and loneliness.
Working past 65 can be a wonderful experience.
If your life now is one of constant motion and stress, you might think that financial freedom means hiding away and disconnecting from your draining life and career.
🔑 2)Time off or taking a break is NEVER the same as retirement. And yet, these experiences are often conflated as the same, which triggers your money brain not to see your whole picture. This is why you frequently overspend, undervalue your assets, and fail to insure you for your family correctly.
I'm a huge proponent of being part of the best communities and mentorship programs because they help you realize you're not alone, build trust, allow you to enjoy your money, and that changes everything.
You can either aim to be the biggest Rat King/Queen in your rat race.
Or leave that dying metaphor behind and become the best money maker you can be during unpredictable times.
I created my 6-month money mentorship for business owners who aren't sure where to turn for guidance on their business and finances.
Mentorship requires a guide, trust, and the willingness to ask questions.
It means if you feel you are being emotionally naked, there is no judgment.
🔑 3) I have mentored and guided successful business owners to the best financial solutions, as they know they have been heard, seen, and valued. Their fears begin to melt away whilst on their own the fears grow and become large walls they have no idea on how to remove.
I have mentored entrepreneurs through their unknown and sometimes turbulent times.
I have helped entrepreneurs increase their income, reduce their expenses, and eliminate toxic financial relationships.
No more hiding or feeling overwhelmed.
If you are interested in joining my 6-month Money Mentorship program, please DM me or comment below with the word "mentorship."