What Kind of Freedom Are You Planning For?

“Financial wellbeing is about creating stability, options, and alignment between our resources and our priorities.”

I recently had a conversation with a friend who shared that she hopes to retire at 55. I absolutely loved the intentionality behind her goal.

They talked about living relatively simply, saving consistently over time, and making choices that aligned with the kind of freedom they eventually wanted to have. It was really about escaping work entirely but about creating options for spending time week on week whatever the way she wanted.

While early retirement may not be everyone’s goal, I think the broader principle is worth reflecting on: What kind of freedom are we actually planning for?

Too often, people avoid sitting down and really looking at the numbers. We may have a general sense of whether we are "doing okay," but not a clear understanding of what our lifestyle actually costs or what level of savings would support the life we want long term.

One of the most valuable things we can do financially is become more aware. What are your true monthly expenses? How long would your savings last if your income stopped tomorrow? What assumptions are you making about future spending, healthcare costs, or investment growth? Prosperity progress is about pausing to ask these questions, even if they are uncomfortable.

This is not about suggesting everyone should aspire to retire early. Many people enjoy working and may never want to fully stop. Others may prioritize flexibility, travel, purpose-driven work, or financial stability. Whatever it is, how can we set that intentional planning in motion?

What I admired most about my friend was not the retirement target itself, but the fact that they had done the math. They understood what they spend, what they save, and what tradeoffs support the life they want to build.

I also think people with higher incomes are sometimes the least intentional about financial planning because there can be a tendency to assume things will simply work out. But financial awareness matters at every income level. Prosperity is not only about how much money we make. It is about understanding where we stand and whether our financial choices align with the life we hope to create.

For some people, that process may involve working with a financial advisor and running projections based on current savings, expected investment growth, and future spending needs. For others, it may simply start with understanding monthly expenses more clearly. My husband and I set aside time around the first of each month to review our overall financial portfolio and our expenses. It is a simple habit, but it helps us stay aware of where we stand and make adjustments before small issues become larger ones.

This is one of the reasons the Prosperity facet of the Four Facets of Better Living matters so much. Financial wellbeing is about creating stability and alignment between our resources and our priorities.

Whether your goal is early retirement, more flexibility, less stress, the ability to travel, or simply feeling more financially grounded, it starts with awareness. Because it is difficult to intentionally build a future if you do not fully understand your present.

This post is part of an ongoing blog series exploring the Four Facets of Better Living: physical, personal, professional, and prosperity.

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