A survey of 2,000 people reveals we spend 110 hours a year think about what might have been.
Eight out of ten believe their lives would be better if they had taken more risks.
The most common regrets were:
- Not saving more when younger
- Not keeping in touch with old friends
- Not taking the plunge in a romance
- Not travelling when life involved fewer responsibilities
- Not pursuing a better-paid job
The main outcome of being wealthier is having more choices. This is a goal of financial planning, but what is more important is establishing which choices are essential to you. We focus on the present and encourage our clients to act now rather than later.
Only by understanding what is essential to you and acting on it can you live a life with fewer regrets. That is the true value of financial planning.