Well-Being Model

The Well-Being Model explains what we all want–

for retirement or any stage of life.

When we plan our retirement lives around well-being, we know that it covers all the dimensions of “a good life.” That means we’re identifying the actual life experiences we want to have, as human beings.

It also means we have a tool for organizing the information overload into planning categories that are based on human experience. It means we know what fields of knowledge to look in for answers to living a better life. Nothing gets left out, and we can take concrete action in each dimension of our lives.

While the model seems philosophical, it provides the structure for the Parachute book and the online Retirement Workshop, which are completely practical and exercised based. So when we create goals and action steps, it’s good to know that they’re based on human experience over hundreds of years!

Lexicology is the study of words. Over hundreds of years, the word “well-being” has evolved to mean a state of prosperity, health and happiness.

Ontology is the study of “being.” As human-beings we exist in a physical world, as a physical self, and a non-physical self. Well-being means that all three of those dimensions are in a positive state. We want prosperity in our physical world, health in our physical self, and happiness in our non-physical self.

Epistemology is the study of knowledge. That is, what do we know, and how do we know it? The three dimensions of well-being are also areas of life, fields of knowledge, and domains of practice:

  • Prosperity is about our physical world, determined by our geography and finances. Prosperity is geo-financial.
  • Health is about our physical self, determined by our biology and access to medicine. Health is bio-medical.
  • Happiness is about our non-physical self, determined by our psychological and social experiences. Happiness is psycho-social.

Now, isn’t it easy to see why we all want well-being?

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