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Another Habit of Highly Successful and Fairly Wealthy People

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Another habit of highly successful and fairly wealthy people is this: delegation. You didn’t get to where you are without a little help from your friends, staff, and loved ones. You learned habit #1, saving money, at an early enough age, and you saved til it hurt. You delegated that task. Did you set it and forget it?

You didn’t forget. Not really. It was always on your mind. “Will we have enough to retire on?” you wondered. But it was basically on autopilot. Now, as you approach retirement (work for as long as you can, dear reader), there’s more to think about. You can’t afford to make a mistake. And here’s the kicker.

Just when you reach retirement, and you think life will slow down a little bit—it doesn’t. If there’s one truth to retirement, it’s this: You’re busier than ever. Now, I’m not retired. I don’t know what retirement will feel like to me. I’m 50 years old. But I know you’re busy in retirement because it’s what you tell me.

Investment Concerns? Save Money. Get My Friday Email. It’s Free

And then it happens. You reach too far for that pickleball or carry in too much firewood, and boom: you’re laid up. It’s a miserable time. And all of a sudden, you wonder: Who’s looking out for me? Who’s looking after my money?

Action Line: Your Survival Guy is here to help. Life happens. Go ahead, delegate to me. I can take it.

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E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.
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