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