Take a moment right now to do some simple math. Since the average age most folks retire is sixty-two, subtract your age from sixty-two. The difference is the number of working years you have left . Remember that number and bring it to the front of your mental closet whenever you are considering any major short- or long-term financial decision.

If you are already sixty-two, lucky you! You get to do another simple math problem. Subtract your age from one hundred. That is how many years you should plan on stretching your retirement assets, which you’re hopefully still accumulating. Let that number inform pretty much any financial decision you make in the coming decades.

You’ll find more helpful practices in my book Mindful Money: Simple Practices for Reaching Your Financial Goals and Increasing Your Happiness Dividend.