In my search for more information for my SMSF clients on building wealth, achieving happiness and financial security I’m pleased to share with you part 1 of NAB’s latest whitepaper: Rethink Success.
This research explores what ‘success’ looks like for 2,000 Australians aged 16-70 years, and considers the importance and relevance of quantitative measures of success such as wealth, status and home ownership against qualitative factors such as experience, personal fulfilment and wellbeing.
Key insights
- Australians rank happiness as the top measure of success
- There is a disconnect between what Australians value personally, and what we think society values
Success is a work in progress, with 71% believing they’re still working towards achieving it - This research also highlights the value Australians place on the experiences money enables them to have such as feeling financially secure, travelling overseas and buying a house.
Please read the full report here whitepaper, and share it with your partner, spouse and family and maybe come and see us about a plan to help achieve your financial peace of mind which can aid that search for happiness.
Liam Shorte
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