Campbell Wealth Management - February 2021

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Getting Things Done in 2021

check it off, it feels good and helps you feel more motivated to get to the next task. If you follow this newsletter, you’ve probably noticed I talk about checklists a lot — from daily checklists to the bucket list. I talk about them because they work. When it comes to single-tasking, write down everything you need to get done that day, weekend, week, etc. Then, tackle one thing at a time. You'll successfully work through your checklist, and you’ll feel good about it. You may even realize some things on your checklist have essentially completed themselves or are things you can easily delegate to others, whether you hire someone or ask a family member to step in, depending on the nature of the task. 3. Good enough is good enough. This one is a little different. It’s about not letting great get in the way of good, and it’s aimed at perfectionists. In my experience, being a perfectionist can prevent people from getting things done. When you want something to be perfect, you’re liable to put that thing off until you know with 100% certainty it can be done to your very high standards. Sometimes it means that thing will never get done. In some situations, it’s better to have something 80% done; you have to tell yourself not to worry about that last 20% so you can move on to the next thing. No,

Last month, I talked about making this year count and focusing on feeling alive and present — basically, making a concerted effort to create the kind of life you really want to live. With these things in mind, I want to talk about getting things done. In other words, you have this idea of what you want to do this year, but you’re having a hard time translating ideas into reality. Well, here’s how I do it in three steps. 1. Single-task rather than multitask. It happens to the best of us — we’re tempted to multitask because we have so much we want to get done and so little time. Or so it appears. However, when we multitask, we actually waste more time than we save. The research is pretty clear on this — multitasking doesn’t work, at least, not in the way we think it does. Sure, you can do several things at once, but those things won’t turn out great, or even good. Multitasking splits our focus. You aren’t giving one thing/task/project your full attention, and it will show in the end. Instead, focus on one thing at a time and give it your attention. You’ll be less scattered, and you’ll be happier with the end result. 2. Make checklists. This makes single-tasking a breeze! The human mind is designed for checklists. When you see something written down that you need to get done, you’re more compelled to do it. Then, when you

this doesn’t apply to everything in life (some things require 100% completion), but it applies to most day-to-day tasks. Give yourself some wiggle room and accept that not everything needs to be absolutely perfect. As you look ahead to the rest of 2021, keep these three things in mind as you make this your best year yet. Taking these steps has helped me in the past — and they’re helping me as I focus on feeling more alive and being more present in the world around me. So, no matter what you want to accomplish in the months ahead, make a list, focus on one thing at a time, and remember, it doesn’t have to be perfect! Kelly Campbell

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Love Boosts Your Immune System and Lifespan It doesn't take a scientist to tell us that a healthy, loving relationship can lessen our stress — but did you know it also boosts our immune system's response and could help us live longer? Multiple studies have shown that couples in happy, happily married couples and singles had lower blood pressure than people in low quality marriages. Which means, at least in terms of your health, it’s much better to be single than unhappily married. But how does it improve your immune system? That’s a bit of a mystery to

researchers. So far, women in love have shown changes in their gene regulation of immune cells compared to women not in love. Some theorize that this is in order to prepare for pregnancy. Unfortunately, we still don’t have conclusive research on whether men in love better fight flu and other viruses, too. High blood pressure is known as the “silent killer” since it has no symptoms, but it will steadily degrade your health over time, significantly increasing your risk of chronic conditions like heart disease. And while love is certainly not the only way to lower blood pressure, it’s comforting to know our loved ones can boost our health for a longer, happier life. Happy Valentine’s Day! This is one of the many reasons families need to sit down and talk about their legacy, which includes the topic of money. For some, this can be challenging and uncomfortable — but it’s necessary. You need to know if your heirs have the same or similar values as you when it comes to finances. Are they educated on financial matters? Do they have the knowledge they need to handle a transfer of assets, money, or property? How well do they handle their own finances? There are many questions to ask as you assess your estate plan. Don’t hesitate to have conversations with your family — ask questions and fill in the gaps when it comes to their education regarding these matters. The more prepared you and your family are for the future, the more likely your legacy will be properly cared for over the next generation and beyond.

How does it help your blood pressure exactly? Well, when positive events occur, the hormones oxytocin and vasopressin interact with your dopamine reward system. Vasopressin in particular helps control blood pressure. Of course, getting into a new relationship can be a little stressful! Cortisol, the stress hormone, initially rises when you fall in love. However, it quickly drops in a long-term, stable relationship. Those low cortisol levels sustained for a long period of time contribute to many health benefits.

loving marriages tend to have lower blood pressure. Marriage itself isn’t the key to a healthier life — the love is, researchers find.

How do researchers define a loving relationship? To put it simply, it depends on the couples’ own opinion. Married couples with a high quality (aka loving) relationship showed significantly lower ambulatory systolic blood pressure than singles. However,

A FORWARD- THINKING LEGACY Questions to Ask the Future of Your Family

Over the next few decades, an estimated $30 trillion will be passed from baby boomers to their children, grandchildren, and great- grandchildren. This transfer of wealth has already started and will increase significantly in the years ahead. But as the transfer of wealth — including assets, money, and property — begins to take place, many families need to ask an important question: Is the next generation ready? Members of a family’s older generations have critical decisions to make as they assess their estate plan and everything it spells out. In order to make the most of their plans, they need to know whether or not their children, grandchildren, and great-grandchildren are willing and able to handle anything they inherit. They need to know because more often than not, the next generation is not ready.

The Williams Group, a wealth consulting firm based in Georgia, found that once inherited, around 70% of family wealth is expected to disappear by the end of the second generation. By the third generation, 90% of that money is expected to be gone. Why is that? A lot of it comes down to a lack of planning and responsibility on the part of the heirs. Essentially, they either aren’t ready to take on their inheritance or they don’t know how due to a lack of financial literacy.

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Meet Katie Horner

Katie joined Campbell Wealth in February 2020 as a Senior Wealth Management Associate. Katie comes to Campbell Wealth with 10-plus years of experience in the financial services industry. She holds her Series 7 and 66 registration and insurance licenses. Katie is a recent transplant from the Mountain West, growing up in Idaho and developing her early career in Salt Lake City, Utah. She is a graduate of Boise State University with a B.A. in public policy and a master's in curriculum and instruction. She is currently pursuing a professional certificate in financial planning from the University of Utah. Katie lives in Manassas, Virginia, with her husband Jason and daughter Lily. She enjoys cooking, reading, learning the fiddle, and participating in outdoor activities such as hiking and kayaking. How Katie Benefits You As a member of the Wealth Management Team, Katie helps in maintaining and enhancing client relationships.

A Guide to Downsizing & Transitioning Tuesday, Feb. 9 at 3 p.m. Estate & Legacy Planning Tuesday, March 9 at 3 p.m. Wellness & Wisdom Webinar Series MARK YOUR CALENDARS!

Would you like to be a Campbell Wealth Management Ambassador? Would you like access to exclusive events?

All you have to do is refer a friend. Do you know someone who: • Wants to be better prepared for retirement? • Is looking for a second opinion regarding their portfolio? • Has gone through a major life event (death of a spouse, retirement, etc.)? Call us at ( 571) 800-6371 and let’s set up an introduction! If they are important to you, they are important to us.

Educational Webinars – Tell Your Friends

Taxes in Retirement Wednesday, Feb. 10 at 1:30 p.m. Taxes in Retirement Monday, Feb. 15 at 1:30 p.m. Women’s Retirement Planning Tuesday, Feb. 16 at 11 a.m.

To register, visit our website or email us at [email protected].

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CampbellWealth.com (703) 535-5300 330 John Carlyle St., Suite 400 Alexandria, Virginia 22314

Inside

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Getting Things Done in 2021

High Quality Relationships Lower Blood Pressure

Are Your Heirs Ready for the Future?

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Meet Katie Horner!

Become a Campbell Wealth Ambassador!

Upcoming Events

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Is Air Travel as Risky as You Think?

Securities offered only by duly registered individuals through Madison Avenue Securities, LLC (MAS), member FINRA/SIPC. Advisory services offered only by duly registered individuals through Campbell Wealth Management, LLC (CWM), a Registered Investment Advisor. MAS and CWM are not affiliated entities.

Is It Safe to Fly During the Pandemic? Air Travel May Be Less Risky Than You Think

Back in March, when the pandemic first started to affect our daily lives, the number of U.S. airlines’ international passengers fell by 53% from the previous year. In April, the difference was even more stark — a drop of around 96%. People didn’t trust that they would be safe from COVID-19 on airplanes, and why would they? Whether earned or not, airplanes have a reputation for being flying petri dishes. That said, flying may be safer than you think, even if there are still some risks. Here are some of the ways airlines are taking precautions to minimize those risks. Using High-Quality Air Filtration The air filtration systems on airplanes are built to stop respiratory viruses from spreading. Air quality experts recommend that air in confined spaces be replaced six times per hour. Filtration

systems on planes replace the air around 20–30 times an hour. In practice, that means you risk catching COVID-19 only if someone who’s infected is sitting directly next to, in front of, or behind you. However, that doesn’t account for people moving about the cabin on flights, so take that into consideration. Blocking the Middle Seat Some airlines have tried to create social distancing between passengers by leaving the middle seat open on flights. According to research from Arnold Barnett, a professor at Massachusetts Institute of Technology, this does seem to reduce the number of passengers contracting COVID-19. Additionally, Barnett recommends that passengers try to get the window seat, since that’s where you’ll have the fewest points of contact with other passengers. It’s not quite 6 feet, but it’s better than nothing.

Passengers Wearing Masks Most airlines mandate that passengers wear a mask during boarding and while flying, though some do allow passengers to take them off to eat and drink. Masks are still the best way to prevent the spread of COVID-19, even on airplanes. Back at the beginning of the pandemic, a man who later tested positive for COVID-19 flew all the way from Wuhan to Toronto but wore a mask the whole time. No other passengers were infected. While the risks may be less severe than you thought, you should still exercise caution. Practice social distancing during the boarding and disembarking processes as best you can and keep up to date on any outbreaks at your destination. Just because things are safer than you thought doesn’t mean you should throw caution into the air filtration system.

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