Behavior Gap Radio

926 | The Arrival Fallacy


Listen Later

In this episode of Behavior Gap Radio, Carl uncovers the illusion many of us have fallen victim to—the Arrival Fallacy. With excitement, he shares that this phenomenon, where we believe reaching a goal or destination will bring lasting happiness, finally has a name. Carl explores how we often say, "When I have this much money, I'll be secure," or "Once I reach this goal, I'll be happy," only to find that the reality doesn't match the expectation. The Arrival Fallacy, as Carl names it, leads to a double whammy, leaving us feeling worse for expecting happiness upon reaching our destination and not getting it. Carl encourages listeners to beware of this fallacy, emphasizing the beauty of the present moment and the fact that life is as good as it gets right now. Listen to this episode to become aware of the Arrival Fallacy in your life!

Want more from Carl? Get the shortest, most impactful weekly email on the web! Sign up for the Weekly Letter from Certified Financial Planner™ and New York Times columnist Carl Richards here: https://behaviorgap.com/

...more
View all episodesView all episodes
Download on the App Store

Behavior Gap RadioBy Carl Richards

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

124 ratings


More shows like Behavior Gap Radio

View all
The Stacking Benjamins Show by StackingBenjamins.com | Money Podcast | Cumulus Podcast Network

The Stacking Benjamins Show

2,000 Listeners

Masters in Business by Bloomberg

Masters in Business

2,175 Listeners

Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Retirement Answer Man

1,312 Listeners

ChooseFI by ChooseFI

ChooseFI

5,156 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

694 Listeners

Animal Spirits Podcast by The Compound

Animal Spirits Podcast

2,020 Listeners

Bogleheads On Investing Podcast by bogleheads

Bogleheads On Investing Podcast

616 Listeners

The Compound and Friends by The Compound

The Compound and Friends

2,145 Listeners

The Long View by Morningstar

The Long View

934 Listeners

Kitces and Carl - Real Talk for Real Financial Advisors by Michael Kitces, MSFS, MTAX, CFP and Carl Richards, CFP

Kitces and Carl - Real Talk for Real Financial Advisors

246 Listeners

Barron's Advisor by Barron's Advisor

Barron's Advisor

114 Listeners

Ask The Compound by The Compound

Ask The Compound

339 Listeners

Retire With Style by Wade Pfau & Alex Murguia

Retire With Style

184 Listeners

The Efficient Advisor: Tactical Business Advice for Financial Planners by Libby Greiwe

The Efficient Advisor: Tactical Business Advice for Financial Planners

133 Listeners

The Great Retirement Debate with Ed Slott & Jeffrey Levine by The Great Retirement Debate with Ed Slott & Jeffrey Levine

The Great Retirement Debate with Ed Slott & Jeffrey Levine

139 Listeners