What Would Someone Who [insert your dream here] Do?

We’ve all seen the bracelets and bumper stickers that say WWJD?  What Would Jesus Do?

What if we filtered our decisions through a What Would statement?

What would someone who wants to travel the world do?
What would someone who wants to retire early do?
What would someone who wants to kill it at work do?
What would someone who wants a great marriage do?
What would someone who wants to lose a few pounds do?
What would someone who is paying off $10,000 of debt do?

I think we’d make better decisions.

I confess, this money thing comes pretty easy to me.  Old habits are hard to break–I’ve been budgeting for 30 years and tracking my expenses and net worth for 25 years.

Exercising and eating for my health–not so much.

One little thought helps me get out of my own way:  What would someone who wants to lose a few pounds do?

It helps me see past the thing that sounds so good right now–I’m talking to you kettle corn.

It helps me think about what it will take to achieve my goal.

Sometimes I want to throw “someone” off a cliff because “someone” is so damn perfect.

But if “someone” can do it, so can I.

What is your What Would statement?

Photo by JDB on Mount Thomas, Eagle County, Colorado

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Author: Ms. Liz

A CPA, I retired at 51 and I am helping people create their fantastic futures!

8 thoughts on “What Would Someone Who [insert your dream here] Do?”

  1. Beautiful photo. Just wanted to say that I found your blog recently and I’ve read through several of your posts. I just retired six months ago at the age of 55, so I can relate to a lot of what you say. Thanks a lot for all of the great (free) advice. I also like that you write in a way that I can understand and follow easily. It’s easy for me to get lost in some of the money talk.

    1. Hello and welcome Lisa! Your comment fed my soul this morning–thank you so much! Let me know if there are topics you’d like me to tackle. We are all different so it can be tough to figure out what would be useful for other early retirees. And congratulations on your retirement!

      1. Thanks a lot for your response, Ms. Liz. I will ponder other topics of interest, but one thing I can think of is I wonder what your thoughts are regarding long-term care, life insurance policies, etc. About three years ago, my husband and I purchased long-term care policies at the urging of our financial advisor. I am 55, and he is 59. We both have small life insurance policies through the State of Texas, as we are both State employees (I am now a retiree). We do not have any children, so no worries about saving/passing along any inheritance. Anyway, I was just discussing this issue with some former colleagues, and find it interesting to know what others do. Thanks a lot for sharing your knowledge and viewpoint.

        1. Funny, Mr. Ms. Liz and I were just chatting about LT care at lunch with friends! I was getting ready to send article links to them and now can pass them to you too.

          We don’t have long-term care insurance. We’ve decided to self insure. My Father In Law had coverage and ended up dropping it in his early 80’s because he could no longer afford the high premiums. This scenario is pretty common–as someone gets closer to needing the coverage, the premiums rise until they are unaffordable.

          The best article (actually 2 articles) I’ve read are by Darrow at caniretireyet.com Here’s a link to the first one: CanIRetireYet LT Care 1 and here’s the second one: CanIRetireYet LT Care 2

          Darrow is in a similar situation to ours–early/mid 50’s retired. He’s amazing at analyzing a complex issue and writing about it so non-experts can understand it. If you haven’t run into his blog before, I encourage you to spend some time there.

          Regarding life insurance, we don’t have that either (noticing a trend here?!). If one of us dies, the survivor will be able to pay all of the bills and we have no debt that would need to be paid off. You’re in the enviable situation of having pensions. But they may be reduced or eliminated if one of you dies. You’ll want to find out what the survivor benefits on your pensions are. Then compare the pension income and other invested assets to the expenses the survivor will need to cover. If you don’t have enough, then look for term insurance that would make up the difference.

          Thanks for the question! I thought I had at least mentioned LT care in my articles but I haven’t–so I’ll add that to my list. I look forward to any other topics that would be of help to you.

          1. Thanks so much for the info. I have wondered about the situation that you mention, in which the premiums raise so high for long-term care that they are unaffordable. Not surprised.

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