Independence is where it's at

US Wealth Napolitano |

By: John P. Napolitano, CFP®, CPA, PFS, MST, RLP®

As we begin the typically long weekend celebration of Independence Day, let’s pause and remember just how broad, pervasive and powerful the concept of independence really is.

For the USA, independence meant the freedom to build a country unlike any other. Where words and actions are open to your choosing up to the point of harming your neighbor. We have altered that meaning somewhat over the decades with ‘political correctness’ on the one hand and outright crudeness (witness the lyrics to many rap songs) on the other. But all in all, you can post whatever you want on social media and visit any website that your browser will allow to enter.

For your children, independence means the ability for them to support themselves and prosper in whatever it is that they choose to do for life and work.  While you’re in the middle of it all with homework, after school games, activities and to university tuitions, the road to independence for you and your children is not easy. We also know that the road doesn’t get any easier as you move down it, but they too must figure out the best road from point A to point B.

To me, independence means the ability to do what you want, with whom you want, when you want. This, of course, must also be constrained by the realities of life that simply must occur. Taking the trash out or weeding the garden are realities that don’t make everyone happy, but still need to happen. I find happiness in that the trash stays contained and my garden flourishes greater in a weed free environment. I have now presented you with the J Nap theory on keeping happy.

Financial independence is ultimately something that we all seek. For financial planning clients of the Nap Team, you know where you stand or what you need to do to get that financially independent state. For others it may be hidden in plain sight. Everyone however, needs to connect the dots between what makes you happy and what you need to do to get there. The dots that matter are money, relationships, health, family, vocation, spiritual, hobby and leisure. 

Here’s to hoping that this Independence Day holiday gets you closer to understanding whether your dots are aligned.  Please feel welcome to call us for help - for yourself or anyone else that you care about.