Insights Blog
Last One Out
Jun 19, 2023 // Adam Bruderly
“Hey, do you want to grab onto the kayak?”
These words echoed in my ears as I struggled through the swim portion of my first Olympic distance triathlon. There I was floundering in the water, struggling to breathe, and flopping between a bad backstroke and freestyle. I lifted my head and painfully realized I was the last one in the lake. Initially, my first instinct was to grab the kayak and quit, as my inner voice urged me to do so. Despite the sense of humiliation, I kept going and ultimately finished the race. In retrospect, that experience represented a pivotal inflection point in my life.
At that moment, I did not fully comprehend how participating in this local triathlon and experiencing an array of emotions would fundamentally shift my perspective on fear, uncertainty, and unlock the rewards of stepping out of my comfort zone. Not long after my wife and I moved 2,000 miles away from our families for the first time, triggering many of the same emotions of my first triathlon experience. It was during this period that I signed up for my first Ironman.
While I was floating alongside 2,500 other participants prior to the start, that familiar feeling and question resurfaced. This time I heard it in my head … “Hey, do you want to grab onto the kayak?” No thanks.
What is Wealth?
According to Investopedia “wealth is measured by taking the value of all the assets of worth owned by a person. This is determined by taking the total market value of all physical and intangible assets owned, then subtracting all debts. Essentially, wealth is the accumulation of scarce resources.”
How Many Summers?
After my first son was born, I began to think about what the next phase of our lives looked like. We went from two busy professionals who could hop on a plane for a weekend trip, grab dinner, or chase endless weekend adventures to first time parents. We were 2,000 miles away from family trying to plan the one or two trips a year that we could see them which led me to ask this question, how many summers do we have left?
The Power of Time
Our humans are brains are instinctively wired to prioritize immediate needs and wants, such as quenching hunger, ensuring safety, or yielding to the allure of instant gratification. This is a survival mechanism that has evolved over tens of thousands of years to help us respond to threats, opportunities, and ultimate survival. However, this tendency to emphasize the short term can be counterproductive and have a detrimental effect when it comes to planning and our financial success.