Comments on: The 7 Steps to Build Wealth in 2012 https://www.wholeheartedway.com/the-7-steps-to-build-wealth-in-2012/?utm_source=rss&utm_medium=rss&utm_campaign=the-7-steps-to-build-wealth-in-2012 Meditation instruction for those who cannot meditate Fri, 03 Feb 2012 03:59:51 +0000 hourly 1 https://wordpress.org/?v=6.4.3 By: Fern Alix LaRocca https://www.wholeheartedway.com/the-7-steps-to-build-wealth-in-2012/#comment-62 Fri, 03 Feb 2012 03:59:51 +0000 https://www.wholeheartedway.com/?p=1271#comment-62 In reply to Kamil.

Kamil,
Thank you so much for sharing your “wealth” journey. I, too, have had many setbacks (over 28 surgeries). But I applaud your mindfulness in knowing when wealth management takes a back seat to family affairs and when to review your options. If there is any way I can help you, let me know.
Warmly,
Fern

]]> By: Kamil https://www.wholeheartedway.com/the-7-steps-to-build-wealth-in-2012/#comment-61 Fri, 03 Feb 2012 03:31:05 +0000 https://www.wholeheartedway.com/?p=1271#comment-61 Fern,
I agree with your advice and am trying to rebuild my “wealth” since my retirement(55) in 2006. I must admit that I have not been consistent,disciplined,focused and financially educated during my working life. I have not responded effectively with my financial goals when new career/lifes’ milestones occurred! Key ones are, firstly, when my late wife decided to resign from her bank managers job we had to live on a single paycheck paying off a mortgage,car loan and feeding 3 kids. Secondly, my eldest daughter,at this time was based in Vancouver for national(Malaysia) synchronised swimming training ,and we decided that she might as well continue with her education there. This was not part of the original education plan for the kids and it took a huge chunk of my retirement savings! Thirdly, my wife was diagnosed with cervical cancer in 2002 and passed away in 2005,prior to my retirement. Needless to say, my mental focus during those years was to be a caregiver to my wife and to care for the kids whilst working. It was a traumatic period during which wealth management took a backseat, and I only realized my financial predicament in 2007. So, based on my retirement needs/lifestyle, I have enough to survive for the next 10 years, and am constantly reviewing my options!
Cheers!
Kamil

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