October 3, 2024
"What's next on my horizon?" It’s a question our members ask time and again.
"What's next on my horizon?" It’s a question our members ask time and again. For some, achievement is the focus, but when the need to grow a business and attain a certain level of financial success subsides, the focus shifts from accumulating wealth to a more profound sense of purpose. Often, we need to tweak our definition of success, and think about the future in terms of creating a meaningful life outside the bounds of professional achievement.
At R360, we firmly believe that a life of purpose is among the most essential elements of true and lasting fulfillment and legacy.
Here are some actionable steps you can take to discover your new purpose, develop habits that align with it, and ensure each day feels intentional, rewarding, and deeply connected to what truly matters.
Legacy isn’t just about the transfer of wealth; it's also about influence and using that influence for good. You have affected others and the world in which you've lived. A significant part of living each day purposefully involves recognizing that what you say and do can have a ripple effect on the world. Consider how you would like to affect that world.
Purpose is also about aligning with your values and passions. Many of our members believe that purpose has to transcend professional success and the size of net worth. Whether it’s through philanthropy, creativity, or personal growth, purpose should evolve with you.
Purpose most often begins with an understanding of what your core values are. A worthwhile exercise is asking yourself “What is most important to me right now in my life?”
Consider:
Values such as these can help you more clearly see what drives you now and where you would like to focus. Equally as beneficial can be thinking about your passions and hobbies. The answer to the question “What brings me joy?” can help steer your actions.
Living a life of purpose requires more than identifying a new goal; it’s about aligning one's daily activities with a more profound sense of meaning.
A life purpose beyond notions of financial success is highly personal and, at times, fluid. For UHNWIs, the challenge is often to find that purpose and knit it into daily life. You can be purposeful each day and grow a significant personal legacy extending well beyond financial wealth by staying in touch with your values, contributing meaningfully, and attending to personal growth.
At R360, we believe it’s not what one has achieved but how one continues to shape the world around them. Your purpose can be your biggest asset. Live it every day.
Disclosure: R360 is not an investment adviser. Information provided within is for educational purposes only and should not be construed, nor is intended to be, investment advice or a recommendation to invest in any types of securities. R360’s views are subject to change at any point without notice. No investment decision should be made based solely on the content herein and only a financial professional should be engaged for providing investment advice and recommendations. Past performance is not an indication of future returns.