175: Stop Chasing More. Start Living.

Derek?

Yeah, it's kind of refreshing to hear that you didn't pay your bills.

I'm always getting in trouble with my wife because I don't care about the bills.

So look, I've used different aspects of what you talked about in your plan through my life.

I'm kind of at the other end of life where I use some of those aspects moving on to kind of working part-time or maybe no time.

but still want to have some kind of financial approach so that I can grow wealth, particularly for my kids.

I really do see that if it's not about me, all of this is, well, what can I give to them? Do you have a model? Have you given any thoughts to the other end of this spectrum?

I kind of understand what you're saying, but define the other end of the spectrum for me.

So I'm around about 66 now, and I'm about to stop working full time.

I may do, I don't know, one day a week just to have a purpose.

Probably do nothing.

I'll probably start off some other business.

But I'm at that point where I'm not so focused on trying to accumulate wealth, but I am more focused on trying to make sure I don't run out of money.

Right.

Yeah.

I'm not trying to accumulate much either now, to be honest.

I probably spend a majority of my time.

There is some accumulation going on because I have some excess.

But where a majority of my thought, I haven't talked about this yet because I didn't think it was relevant.

So many people in the Try Life Home community are still building.

But I'm in heavy protection mode now.

I'm like you, Derek.

I have certain things that generate income, pensions.

I earned them, but pensions, real estate, some intellectual property spit off stuff.

I've put this legal structure in place to protect that.