Welcome to "Your Life and Money," where financial planning goes beyond numbers to enrich your life. I'm Brad Smith, joined by Tim Borody. In each episode, we share real-life stories of people who have used life-centered planning to achieve their dreams, alongside actionable advice to help you align your money with your values and priorities.

In today's episode, we dive into the concept of return on life and how it can guide major life transitions. We discuss my recent personal experience of moving homes, a transition inspired by the Return on Life Index, and how this move aligns with our goals and enhances our lifestyle.

In this episode, we cover:

• Understanding the Return on Life Index: How it evaluates various aspects of your life beyond finances.
• Major Life Transitions: Navigating the emotional and practical aspects of significant changes, such as moving homes.
• Aligning Your Home with Your Needs: Evaluating if your current residence meets your evolving needs and desires.
• Financial Planning Beyond Numbers: How focusing on quality of life can drive financial decisions.
• The Impact of Federal Budget Changes: Analyzing recent budget changes and their effects on housing and capital gains.
• Strategies for Wealth Transfer: Practical advice on minimizing tax burdens during wealth transfer, with a focus on life insurance.

Benefits of Listening:

• Gain insights on how to align your financial decisions with your life goals.
• Learn practical strategies for managing major life transitions.
• Understand the implications of recent federal budget changes on your finances.
• Discover expert tips on minimizing taxes during wealth transfer.

Tune in to this episode for valuable insights on how life-centered planning can enhance your financial and personal well-being. Let's embark on this journey together to achieve a fulfilling and financially secure life.