
66: Money and Midlife
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About this listen
Midlife crisis. We've heard about it, seen it caricatured on TV. If we haven't experienced it yet, it's likely we will. So how do we understand it and how do we approach it with wisdom in terms of stewardship?
The biggest symptom of the midlife crisis is a major life change that doesn't seem consistent with how life has been lived up to that point. The conservative, successful career man buys the red sports car; or he leaves his wife; or he changes careers. The super mom who has devoted her life to her family suddenly leaves. The one who has lived a fairly ostentatious lifestyle suddenly dials it back.
The pressures of this stage of life are many. Often, we're in our peak earning years, which usually means more time on the job and less time for family. At the same time, we're balancing the financial needs of kids going to college and possibly aging parents, along with considering our own retirement. It's easy to feel trapped.
Add on top of that regrets over past decisions and fears about the future, and the midlife time becomes a pressure cooker ready to explode.
Podcast host James Lenhoff brings wisdom from years of advising individuals, couples, and families in the midlife years to the conversation. He emphasizes the importance of understanding where our pressures are coming from and having a solid grasp on family priorities during this pivotal time. This provides the context for wise financial decision in the midlife years.
To learn more check out www.GoodSenseMovement.org
Contact James at: JamesLenhoff@GoodSenseMovement.org
You can see the full video of this podcast episode on our YouTube channel.