Campbell Wealth Management - July 2020

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Are You Healthy, Wealthy, and Fulfilled?

T he coronavirus caught a lot of us by surprise. People with compromised immune systems and other health issues have had to figure out how to navigate the world in new ways. Many people found themselves out of a job with no prospects on the horizon. As a result of it all, a lot of people have not been enjoying life for the past few months. They don’t feel fulfilled. If you’ve been keeping up with the newsletter or have attended any of our more recent educational webinars, then you’ve heard me talk about health, wealth, and fulfillment. Since the pandemic hit, these three things have become more important than ever. I’ve been thinking about them quite a bit, and I want to share some of those thoughts with you. On Health — It's good to really start thinking about your health and wellness. With the great weather, now is a great time to get out and about. And you can start slow. Instead of just walking to the mailbox, walk to the end of the street. Then, a week later, take it up a notch. Instead of walking to the end of the street, walk around the neighborhood. Then, a few weeks later, start jogging around the neighborhood. Push yourself a little further each week. Diet is just as important. It’s been proven that a good diet can help ward off many ailments. It might mean you start buying organic or eating fruit and vegetables once a day, every day. Then work up to eating fruit and vegetables three times a day, while pushing out foods high in added sugars and refined carbohydrates. On Wealth —Make sure you have a plan in place. Have a plan that takes you through the end of your life. While none of us know when

that truly is, you can plan for the best-case scenario. That way, you can live your best life and make decisions accordingly. It’s about doing what you really want to do while ensuring you don’t run out of money. It’s about having your investments managed and set up so that no matter what the world throws at you, your money is protected. It’s about getting the right advice from the right people — people who are fully qualified to give that advice and who genuinely care about you. On Fulfillment — Know what you want out of retirement.

Think about the following: "I have always wanted to ____." Fill in the blank with as many things as you can think of. This will give you a starting point and put you on the path to living a more fulfilling retirement and life. But you have to make those things happen. Once you do, however, your life will feel fuller and richer for it. As I wrap up this month, I want to share a story. My kids have been home from school for several months now. My two sons, Carter and Connor, have been into working out over the past couple of years now, and

they’ve kept up with it through the pandemic. I’ve even joined in on their workout routine. It’s been fun, but it can be hard. Last month, they brought something to my attention called The Murph Challenge, which is the official annual fundraiser of the LT. Michael P. Murphy Memorial Scholarship Foundation. There is a workout called the "Murph," where you run a mile, then you do 100 pullups, followed by 200 pushups, followed by 300 body-weight squats,

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The First Steps to Building Your Dream Patio Enjoying your time outside can be hard when you also want indoor comforts. But why settle for just one when you can have the best dream feature you’d like to include. If you can make these two work together, then you’ll be very satisfied with the results.

of both worlds with an outdoor patio? Summer is a great time to make a plan to create or revamp your current patio into your dream patio. As with any home project, however, it can be overwhelming at first to design an entire space. If you’re not sure where to start, then here are some suggestions. No. 1: Determine the purpose. No two households are the same, and likewise, no two patios are used exactly the same way. Maybe you’d like to have a quiet, cozy spot in the mornings to listen to the sounds of nature, enjoy the weather, and

Dream features can include a beautiful firepit, an elaborate brick design, a Jacuzzi, or a professional grilling station. For example, if you want a cozy spot for your family to enjoy Sunday afternoon barbecues, then you’ll need enough space to set up your ideal outdoor cooking area as well as a dining area with the right amount of seating. Once you have the space in mind, you can accommodate and plan for changes. No. 3: Consider how to decorate. If your patio isn’t constructed yet (or if you’re reconstructing), then consider using fresh, great-looking patio pavers

take in a good book or podcast. Maybe you’d like to use your patio mainly to relax and breathe in the fresh air as you entertain guests. Or, maybe you need your patio to serve both purposes! No. 2: Plan the space in advance. This can be the hardest part for some, but you must keep two specific things in mind when planning your patio: the preferred size and any THE CARES ACT AND RETIREMENT Does It Make Sense to Withdraw Money Early? In the wake of the coronavirus pandemic, the rules regarding withdrawing funds from retirement accounts have temporarily changed. In March, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law. This was the law that resulted in millions of Americans receiving checks from the IRS. The CARES Act also gave those with retirement accounts the option to take money from those accounts, such as IRAs and 401(k)s, without penalty. This potentially opens up cash for those who may need it in the fallout from the coronavirus pandemic. If you are not yet retired and you have an IRA, for example, then you can withdraw up to $100,000 from that account. While you don’t have to pay any penalty to withdraw the money, you do have to repay that money to the IRA within three years. You also have to pay tax on that money, like you would when withdrawing from a traditional IRA in any other circumstance. The IRS also loosened its rules on withdrawing money from employer- sponsored 401(k) accounts. You can withdraw up to $100,000, or 100% of the account balance, whichever is lowest. Again, you do have to repay

to complement your house’s exterior and invite you and your guests to step into the outdoors. Try to add interesting textures by using different materials. Slate, limestone, sandstone, and terra cotta paving slabs are very popular choices. Finally, decorate with planters, shade structures, and anything else you think will make your outdoor escape a little more comfortable. the funds. You have five years to restore your 401(k). The terms also apply to 403(b) and 457(b) accounts. While withdrawing funds from retirement accounts can be useful, is it something you should pursue? It’s important to keep in mind that once the money is removed from the account, it is no longer working for you. It lowers your investment potential. Even in repaying those funds, your retirement funds will be lower than they would otherwise be once you do officially retire. Of course, every situation is different. Some people will need the money now and in the short-term future. Others may not. It’s important to consider all your sources of income and determine what money you can safely use now in the event you need to access money for whatever reason. It’s also important to consult with your retirement and wealth manager before making any decision to determine your best course of action.

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Delivery Boxes Piling Up? 4 Ways to Reuse Instead of Recycle

COMPOST Clean corrugated cardboard —what most Amazon boxes are made of — is another great source of useful carbon. Cut your boxes into pieces and place them in your compost pile so the carbon combines with the nitrogen from food scraps. The process helps break the pile down into nutrient-rich humus for healthy soil. TOYS OR ART SUPPLIES Kids tend to play with the box their new toy came in rather than the toy itself for a reason. Cardboard boxes spark creativity, and the possibilities are endless! Boxes can be used as forts, spaceships, building blocks, art canvases, and more. Empty boxes can provide hours of fun with a little help from a vivid imagination. STORAGE Boxes are meant for holding items, so use empty ones to organize a cluttered garage or attic or safely store less frequently used items like winter jackets or holiday decorations. If the brown cardboard aesthetic on a shelf just won’t cut it, paint the boxes or wrap them in eye-catching gift wrap, then label them. If you’re not sure how you want to use your boxes, just hold on to them until you’re ready. The beauty of cardboard is that you can break it down, store it easily, and reconstruct the boxes later when you find a use for them.

s more people opt for online shopping, the number of home deliveries is skyrocketing. Almost every item ordered comes in its own cardboard box, and nearly 20% of these boxes end up in landfills, while the other 80% require significant amounts of energy to recycle. Here are four ways to reuse those boxes instead of just tossing them out.

GARDEN BED STARTERS Because cardboard boxes are loaded with carbon and not contaminated by many other chemicals, they’re great for starting new plants or flower beds. They help reduce weeds and protect weak or young plants from the elements, and when the carbon in cardboard combines with the nitrogen in the dirt, a nutrient-rich soil emerges for plants to flourish in.

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and you finish by running another mile, all while wearing a 20lb vest. Their challenge to me was this: Do it! One morning, I woke up at 5, did a few things, and then decided to throw on my running shorts and shoes. I was going to take up their challenge. I ran a mile. I did 10 pullups, 20 pushups, and 30 body-weight squats. I cycled through those exercises 10 times until I got through them. Then I ran the second mile. I felt like I was going to pass out, but I completed it! Going into it, I didn’t know if I would be able to do it or not. I knew I was in decent enough shape, but the Murph is a lot to take on. I realized how much I was capable of doing, and I wouldn’t have known that if I hadn’t taken up their challenge. When it comes down to it, we don’t really know what we’re capable of until we push ourselves. After all, pushing yourself is the only way to grow. I’ll leave you with that food for thought. Stay safe, stay healthy, and enjoy your summer!

Kelly Campbell

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700 S. Washington St. Suite 220 Alexandria, Virginia 22314 (703) 535-5300

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A FewThoughts on Health, Wealth, and Fulfillment The First Steps to Building Your Dream Patio The CARES Act: Should You Withdraw Retirement Money Early? What to Do With All Those Boxes Stay Accountable With a Virtual Wellness Challenge




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.

A lot of people struggle to keep up with a regular wellness routine because they lack accountability to hold them to it. Whether it’s exercise, meditation, or healthy eating, if you go through the process alone, it’s that much harder to will yourself to see it through. But at a time when isolation is still one of the best ways to stay healthy, how can you involve others in your wellness plan? The answer is simple: Create a virtual wellness challenge! Understand the Process A wellness challenge cultivates healthy competition among participants that keeps them motivated to stick with their wellness regimens. Challenges can be fully customized depending on the goals and abilities of those participating, and when the challenge is carried out virtually, participants have more freedom and flexibility in their routines without missing out on any of the social interaction that makes it fun. Get Started Every challenge should have a quantifiable goal depending on the theme. Challenges like working out for 30 minutes a day, getting seven hours of sleep at night, eating 1 cup of leafy greens with every meal, or meditating for 15 minutes every day are all great BE YOUR BEST SELFWITH THE HELP OF OTHERS How to Implement a Virtual Wellness Challenge

examples. Whatever it is, the target should be clear and reasonable in order to encourage maximum participation and low burnout. Stay Accountable Treat the challenge like you would a weekly book club. Set a time every week to meet via a video call to share wins and setbacks, discuss necessary changes to the challenge, plan for the next week’s challenge, and offer encouragement. If you really want to up the inspiration, determine a prize to be awarded to the person who actively participates the most. Just be sure you have a tangible way to record and share those results, like video evidence of the activity. A wellness challenge shared among friends and family is a great way to work on your physical or mental well-being and stay connected with loved ones when you aren’t able to visit them in person. That kind of consistent personal connection can be wellness in and of itself.

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