Retirement planning is more than just managing your investments.
It starts with knowing if you’re going in the right direction.
Retirement planning isn’t just about saving some money. If you don’t have a plan of some sort, you're going to wander through life not knowing when and if you can stop working.
Do you wonder whether you’re going to be able to retire? Do you wonder when you can afford to retire? Do you know if you even want to retire? If any of these questions make sense to you, working on your retirement plan is a good idea.
Some questions you might want to ask are:
- How much money will I want to spend in retirement?
- When do I want to retire?
- Am I saving enough to support my lifestyle?
- What do I want to spend my time on when I retire?
Have you thought about a financial plan?
The practice of financial planning is not about giving you an absolute answer. It’s meant to have you know whether you’re on the right road.
When you visit your doctor, does he or she tell you what age you’re going to live to? I bet your doctor talks with you about lifestyle behavior. Are you eating too much and eating the right things? Do you exercise? You get the idea. This is what we think financial planning is all about. You might want to get some help in answering the question, “Are you doing the right things that allow you choice when it’s time to retire?”
What’s the next step?
If you’re going in the right direction you just keep on going. If you’re not, then you might want some suggestions that will help you choose whether you want to retire when you want to retire. Just like your doctor tells you about lifestyle choices we talk with you about financial choices.
Retirement planning is a complicated subject. Some of these reports and workbooks might help you make wise decisions.