Welcome to a special rerun episode that holds a special place in my heart. Today, we're revisiting a profound conversation that delves into life's transitions and the invaluable lessons they offer.
Looking back at our lives often reveals the defining moments that shaped our paths. But how do we take those lessons and apply them to our next chapter? That’s the theme of today’s conversation.
It’s truly an honor to reintroduce our guest, Meir Statman. He is a professor of finance at Santa Clara University and has authored two of my favorite finance books. Born in a refugee camp in Germany during 1947, Meir has an incredible life story that he takes us through on the show.
In this episode, Meir shares his insights on maintaining an open mind, the importance of self-discovery, and how life’s stages ultimately prepare us for the transitions ahead.
We discussed:
Why Meir chooses to look at his life through the lens of serendipity
How we can use the concept of serendipity as we look to the future
How to address the common post-career fear of financial uncertainty
The surprising theory of getting satisfaction from saving money vs. spending it
The reason why Meir hasn’t retired from teaching in his seventies
Why Meir focused on teaching his daughters the value of kindness as they grew
The Mental Mistakes We Make With Retirement Spending by Meir Statman
