Finance Friday: Money Is NOT the Root of All Happiness

Research from George Washington University indicates that deep, long-lasting happiness (or perhaps contentment, if you prefer) is not related to money or possessions. Instead, there are three key components of true happiness: relationships (with family and friends), intellectual stimulation (but more than just thinking), and volunteerism (taking action in your community). Especially as you age, the hunt for happiness changes from striving for success to a search for significance. Assuming you want to maximize your retirement readiness, what makes you really happy?


About Mike Wilson

Michael L. Wilson, MBA, CFP®, CRC®, is the owner of Integrity Financial Planning. Prior to founding Integrity in 1998, he worked for two years as a faculty member at the College for Financial Planning in Denver, training other financial advisors. Mike has 10 years of experience in the mutual fund industry, having worked with Fidelity Investments and Invesco Mutual Funds. He holds an MBA in Finance from Baylor University. Learn more about his work at
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