Ep #116: Part 4 of the Wealth Formula - Understanding your Definition of Enough

MAY 8, 202619 MIN
beyond MD with Dr. Yatin Chadha

Ep #116: Part 4 of the Wealth Formula - Understanding your Definition of Enough

MAY 8, 202619 MIN

Description

Welcome to part 4 of the wealth formula, which focuses on understanding our definition of enough.We begin with a more philosophical discussion and move to rough numbers later only to help illustrate concepts.Discussion points:- introduction (1:33)- Businessman & fisherman (2:43)- Research on happiness, income (5:26)- Understand and visualize your ideal life (11:50)- What our life could cost (14:04)- Withdrawal rates, portfolio size (15:52)This episode is brought to you by Clever Consult: https://www.cleverconsult.ai/The 5 Types of Wealth: https://www.the5typesofwealth.com/Links to videos:Ben Felix:https://youtu.be/S9InNdQhFwc?si=RTCDG1wUWvEV7vva https://youtu.be/1FwgCRIS0Wg?si=7GKWwIB7r_fyUh23 Blueprint Financial: https://youtu.be/BhlWUkwZoRo?si=ai66rrz0DqV7iGCq Yatin's Links:Newsletter: https://www.beyondmd.ca/newsletterWebsite: https://www.beyondmd.ca/LinkedIn: https://www.linkedin.com/in/yatin-chadha/Email: [email protected] courses for clinicians:https://beyondradiology.thinkific.com/courses/ct-head-interpretation-coursehttps://beyondradiology.thinkific.com/courses/master-ct-head-interpretation-coursePapers cited in this episode:A wandering mind is unhappy:https://greatergood.berkeley.edu/images/uploads/A_Wandering_Mind_Is_an_Unhappy_Mind.pdfIncome satiation and turning points:https://www.flightfromperfection.com/files/post_attachments/jebb_et_al_2018.pdf