We often talk with clients about a concept called the “Wealth Equation,” a formula we custom-created at CCM. The formula is paired with a process we encourage clients to apply in guiding them through identifying and accomplishing what is most important to them. Applying the Wealth Equation often results in meaningful conversations about life, legacy, priorities, and making a lasting difference in the lives of those who are most important to us. Our recommended reading today comes from Forbes, profiling Charles Feeney. Mr. Feeney may be the world’s best example of someone using their wealth to accomplish what is most important to them. As a self-made billionaire, Feeney founded the Giving While Living campaign, and recently completed his lifelong journey of deploying his entire estate in ways that he felt could be most impactful. His story is an inspiration to all of us who seek to be such great stewards of our wealth.
Read a related piece by CCM Senior Integrated Wealth Advisor Matthew Rich titled, “If You’re Going to Give it Away, Be Intentional Above All Else.”