Almost everything we do has some type of a process or warm-up routine. From playing golf to driving a car, every activity has certain steps that should be taken before you begin.
Take for example a pilot performing their pre-flight routine and inspections. They walk around the entire plane looking for any visual problems on the body, wings, landing equipment, tail and nose to make sure it looks proper. Next, they do a pre-flight check of all systems inside the cockpit as they enter their route information. For the pilot, this is part of their routine, and they must be actively engaged in the preparation process each time.
The same holds true for someone like a heart surgeon who may perform hundreds of surgeries over their career. They adhere to a very regimented preparation process because the outcome of their actions is literally a matter of life and death. It would probably be safe to conclude that the more important the event is, the more important it is to have a thorough preparation process.
That’s why it’s hard to believe that so many people arrive at retirement without the type of preparation an event of this magnitude deserves. All of the activities mentioned above only last for a matter of hours, whereas your retirement could last for decades. It’s ironic that some people will dedicate time to researching the latest golf equipment in hopes of improving their game, but haven’t taken the time to have their portfolio rebalanced or risk assessment updated. Know these practical tips for starting your retirement off on the right foot, and resolve to create a comprehensive retirement plan.
Planning for retirement is as much about what you want to do as it is about your financial independence and security. Achieving the outcome you desire in retirement takes a commitment to the process of getting properly prepared. If you aren’t sure the preparation process you went through for retirement was adequate, maybe it’s time we meet. During our complimentary, no obligation financial review we’ll take the time to understand your retirement goals and discuss how we can design a plan that helps you achieve them.
Remember; don’t show up cold for retirement, make sure your warm-up routine gets you ready for the road ahead. Click here to schedule a complimentary initial meeting at Solutions First Financial Group to get started on your plan.
Content written and prepared by Lone Beacon, LLC.
Solutions First Financial Group is an independent financial services firm that utilizes a variety of investment and insurance products. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Solutions First Financial Group are not affiliated companies. Investing involves risk, including the potential loss of principal. Any references to protection benefits, safety, security, or lifetime income generally refer to fixed insurance products, never securities or investment products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. 1065125 – 10/21