At some point in midlife a financial windfall may show up: a business sale, an inheritance, a severance package, a bonus bigger than expected. Rob and Brent walk through what actually happens next, using the five rings of the Midlife Circus to look past the dollar amount at the parts nobody plans for. They get into how a windfall changes your relationships, why 75% of business owners regret selling within a year, the grief that can come attached to an inheritance, and the number one financial mistake that quietly drains it all away.
Links, resources, books mentioned:
Topics we are covering in this episode:
Expected vs unexpected windfalls and why the difference matters
How sudden money amplifies whatever was already there
The money conversation to have with your spouse before it arrives
When an inheritance brings grief instead of a gain
How a financial windfall changes friends, family, and you
Why 75% of business owners regret selling their company