Retirement: What's your Vision and How Will you Bring it To Fruition?
- Aug 8, 2019
- 2 min read
Updated: Dec 10, 2019
What is your retirement vision?
What will a typical day look like?
Take a minute and picture it.
Got it? (Does it involve surfing abroad like Jack above?😄 )
Do you have a plan in place to support your goals – the old adage “A goal without a plan is just a wish” can speak volumes when it comes to preparing for retirement.
Whether it be travelling more, moving to the cottage, being more active, spending more time volunteering, visiting family…..it’s important that your retirement lifestyle goals are in line with your retirement planning goals.
Defining your retirement goals is a critical first step to constructing an effective retirement income plan.
It's really about knowing your numbers.
Are you able to easily answer these questions with confidence?:
What return do I need on my retirement investments in order to fund my retirement cash flow goals?
Does my retirement goal setting incorporate the impact of inflation?
Are there any expenses specifically tied to my retirement? For example, do you want to purchase recreational property? Do you want to do a lot more travelling?
These are just a few of the questions to ponder.
The video unpacks this topic in more detail
Retirement planning is unique for every individual. There is no 1 retirement planning equation that works universally for everyone which is why it’s so important to meet with a retirement planning expert.
For anyone wanting to get serious about planning their retirement, contact us in order to discuss how we can help!
Our Retirement Coaching page provides additional details on how our process can help you!
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