TITLE

The Meaning of Life (Planning)

AUTHOR(S)
Walker, Lewis J.
PUB. DATE
May 2004
SOURCE
Journal of Financial Planning;May2004, Vol. 17 Issue 5, p28
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses the role of spirituality in financial life planning. The search for meaning is a natural consequence of planners and clients getting older. The process of aging well, combined with varying degrees of success, leads people to think beyond earthly matters in greater depth. Books like Eckhart Tolle's The Power of Now: A Guide to Spiritual Enlightenment are popping up on baby boomer reading lists. Writers like Tolle frame spiritual reality, a growing interest in spiritual things beyond worldly materialisms. The code of Samurai warriors in Japan taught that if at every moment one is ready to die, that one is ready to live. Jesus, Buddha, the prophets all taught that through death one will live. Such beliefs are powerful motivators, a key foundation to financial life planning precepts. If the meaning of life is the afterlife, and if people think about that as a primary goal, it changes how they live life itself, and plan for distribution of assets, including physical, time-based and wisdom-based assets, during life, and after they are gone. In his book entitled The Progress Paradox: How Life Gets Better While People Feel Worse, writer Gregg Easterbrook echoes the theme that success does not necessarily equal significance by illustrating a myriad of statistics and trends to make the point that progress does not always bring contentment.
ACCESSION #
13090102

 

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