In this episode of "Your Life and Money," Brad Smith and Tim Borody discuss the concept of life-centered planning with Mitch Anthony, the co-founder of Life-Centered Planners and Return on Life Advisors. Life-centered planning is a new approach to financial planning that focuses on helping individuals achieve their goals and live a fulfilling life, rather than simply accumulating wealth.

Anthony argues that traditional retirement planning is outdated and no longer meets the needs of most people. Life-centered planning takes a holistic approach to financial planning. It considers all of the factors that are important to an individual, such as their values, goals, and priorities. It also helps individuals develop a plan that is flexible enough to adapt to changes in their lives.

Here are some additional pieces covered in the episode

• Explore the importance of planning for retirement on your own terms.
• Uncover the realities and challenges faced during retirement transitions.
• Recognize the need for active engagement and purpose in retirement.
• Discover the importance of finding fulfillment beyond a leisurely beach chair lifestyle.
• Understand that life transitions occur throughout life, not just during retirement