Welcome to "Your Life and Money," where financial planning isn't just about numbers—it's about your life. I'm Brad Smith, joined by Tim Borody, and in each episode, we share real stories of people who've used life-centered planning to achieve their goals and dreams. Today, as we approach the end of 2023, we're diving into the topic of New Year's resolutions and goal-setting. But we're putting a twist on it, focusing on the practical aspects of making meaningful changes in your life.

Key Points for Today's Episode:

• Aligning Money with Values: Financial success is about more than numbers; it's about aligning your money with your values and priorities.
• Challenges of Goal Setting: Many people find it challenging to set specific goals, especially when it comes to financial planning. Traditional goal-setting can feel forced and lead to a fear of failure.
• Exploring Possibilities: Instead of rigid goals, we explore possibilities for the future using tools like lifelines and the Return on Life index. This approach allows for flexibility and a more realistic view of progress.
• Retirement Redefined: The conversation around retirement has evolved. Rather than a fixed date, we explore possibilities and visions for the retirement lifestyle, acknowledging that it's a dynamic concept.
• Navigating Uncertainty: As we look ahead to 2024, external factors like geopolitical unrest, inflation, and interest rates remain uncertain. Emphasizing the importance of focusing on what you can control and stewarding your resources wisely.
• Living Financial Plan: A financial plan is a living document that requires constant monitoring and adjustments. It's not a one-and-done process but an ongoing journey to ensure your financial and life goals are on track.
• Measuring Progress: Avoid relying solely on investment statements to measure progress. A comprehensive life plan, financial plan, and investment plan together provide a more accurate assessment of your journey.

As we enter 2024, let's shift our mindset from rigid resolutions to exploring possibilities for a fulfilling life. Remember, it's not just about the return on investment but also about the return on life.

Stay tuned for more insights, real stories, and practical tips on "Your Life and Money."

If you have questions or want to share your experiences, feel free to reach out to us. We're here to help you navigate the journey to a life-centered plan. Until then, happy planning, and let's make 2024 a year of meaningful progress.