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Reframing Midlife Transitions

By RDM Financial Group on June 20, 2023

Midlife comes in the blink of an eye, with time seeming to accelerate in our 20s and 30s as we pursue education, careers, family and other life goals. Then, suddenly, we’re not only adulting — we’re older adults. This tends to cause anxiety, uncertainty and the feeling of being in a rut. Questions like, “Is this it?” and “What is my true purpose?” commonly weigh on those in their 40s through 60s.  

Chip Conley, hotelier, hospitality entrepreneur, author and speaker, can attest to this. Even after achieving great success as founder of the second largest operator of boutique hotels in the world, he still hit a midlife wall, as unhappiness and a near-death experience left him seeking something more meaningful.  

In the years that followed — while he was leading a worldwide revolution in travel as Airbnb’s Head of Global Hospitality and Strategy and co-founding the Modern Elder Academy — Conley discovered his purpose: helping others reframe the concept of aging.

To learn how, we recently hosted Conley on our Well-thy Conversations series. Here are some themes he discussed:

  • Longer careers and lifespans extending the midlife phase
  • Anticipatory regret — proactively imagining what you may regret later as a strategy to avoid inertia  
  • Shifting from a fixed mindset to a growth mindset
  • Exchanging fear for curiosity as a means to open up new possibilities
  • The growing importance of different age groups learning from each other as the workforce transitions (most Americans will soon have a younger boss)

To learn more, watch this replay of our conversation with Conley. Also, please know we are here for you during your midlife transition. We recognize that wealth and well-being are inextricably intertwined and are here to support you on your journey toward achieving both.

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RDM Financial Group is a group comprised of investment professionals registered with Hightower Advisors, LLC, an SEC registered investment adviser. Some investment professionals may also be registered with Hightower Securities, LLC, member FINRA and SIPC. Advisory services are offered through Hightower Advisors, LLC. Securities are offered through Hightower Securities, LLC. All information referenced herein is from sources believed to be reliable. RDM Financial Group and Hightower Advisors, LLC have not independently verified the accuracy or completeness of the information contained in this document. RDM Financial Group and Hightower Advisors, LLC or any of its affiliates make no representations or warranties, express or implied, as to the accuracy or completeness of the information or for statements or errors or omissions, or results obtained from the use of this information. RDM Financial Group and Hightower Advisors, LLC or any of its affiliates assume no liability for any action made or taken in reliance on or relating in any way to the information. This document and the materials contained herein were created for informational purposes only; the opinions expressed are solely those of the author(s), and do not represent those of Hightower Advisors, LLC or any of its affiliates. RDM Financial Group and Hightower Advisors, LLC or any of its affiliates do not provide tax or legal advice. This material was not intended or written to be used or presented to any entity as tax or legal advice. Clients are urged to consult their tax and/or legal advisor for related questions.

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