Finding Purpose in Retirement Through Charitable Giving

[rt_reading_time label=”Reading Time:” postfix=”minutes” postfix_singular=”minute”]

Jessica & Mike Panico
·
May 22, 2025

In today’s episode of Saturday State of Mind, we dive deep into what it means to truly make an impact. For us, living every day like it’s Saturday goes beyond just rest and relaxation—it’s about choosing joy, purpose, community and connection. And one of the most fulfilling ways we’ve discovered to do that is through giving back.

Charitable giving isn’t just about writing a check—it’s about finding a sense of purpose, especially in retirement. Whether it’s through donating time, money, or energy, we’ve seen firsthand how volunteering and giving back can transform lives.

In this episode, we share personal stories, client experiences, and the lessons we’ve learned as we’ve woven community involvement into Arcadia Financial’s mission. From organizing fundraising galas to sponsoring local food banks, we talk about the powerful impact that giving has on others and ourselves.

We also explore a few questions we’ve seen many struggle with: Why does happiness sometimes feel so elusive, even when your basic needs are met and you have more possessions and luxury items than you can use?  And could charitable giving be the missing link to finding true purpose and happiness?

KEY TAKEAWAYS

  • Time goes fast—how are you spending yours?
  • Why giving back can be more fulfilling than getting
  • A client’s journey from guilt to impact
  • The emotional weight of inherited money
  • “If it doesn’t hurt, I don’t want it”—what real giving looks like
  • Local causes, real change: Arcadia’s community programs
  • Join us: How clients can get involved in giving back

RESOURCES

INSPIRING QUOTE

  • “With community endeavors, when we try to give back, it’s not just with monetary support. It’s with boots on the ground.” – Mike Panico

  • “That feeling that you get when you give it away, man! You can’t buy that at the store.”  – Jess Panico

  • “There would be no joy in the absence of pain.” – Jess Panico

  • “When you start to volunteer and you see actual struggle, actual suffering, it helps to put your own situation in a much different perspective that you would never have.”  – Mike Panico

 

DISCLOSURE

Arcadia Wealth Management, LLC (Arcadia) is an investment adviser registered with the U.S. Securities and Exchange Commission (SEC). The information presented in this video is for educational and informational purposes only and is intended for a broad, general audience. It is not intended as, and should not be construed as, an offer, solicitation, or recommendation to buy or sell any securities or to adopt any investment strategy. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. Any references to investment strategies, philosophies, or client experiences are illustrative and may not be representative of all clients or outcomes.

Arcadia Financial has a reasonable basis to believe that this content does not include any false or materially misleading statements and presents information in a fair and balanced manner. No portion of this communication should be construed as tax, legal, or accounting advice. Please consult your own tax or legal professional for guidance specific to your situation.

Investment advisory services are provided through Arcadia Wealth Management, LLC, an SEC-registered investment adviser. Insurance products and services are offered through Arcadia Financial Group, LLC, by appropriately licensed agents. Bookkeeping and tax preparation services are provided by Arcadia Tax, LLC. These affiliated entities operate independently but are under common ownership.

Related Videos

See What’s Possible With Arcadia

If you’re ready to take total control of your financial future…

If you’re seeing what’s possible and want to lean into this opportunity…

If you know you need greater clarity, better momentum, and an honest perspective to eliminate regret in your financial future…

…you’re in the right place. And we’re here to take the next step with you. Start a conversation with our team today to see what’s possible through The Arcadia Way.