Enjoy the Drive: Why a Financial Plan for a Secure Retirement
From my friend, Dave Hutchinson
Enjoy the Drive.
If you have a financial plan, count yourself among the fortunate…most don’t. Without one, it’s hard to know – will I run out of money? The biggest financial project you will likely ever undertake is making it to and through a long retirement. Maybe a bit of planning and help is in order? A short analogy:
Imagine you’re driving from Newport Beach to Bozeman, Montana for your daughter’s wedding…without GPS. You’ll probably head Northeast at least. And in due time you’ll reach your destination…after some help and a few wrong turns. But late…and with a fair degree of anxiety as well.
Adding GPS means: you know where you are at all times, you know when your current driving speed is expected to get you there, and if you make a wrong turn, the system will course-correct and give you updated directions. So, you’ll get there before the ceremony starts and do so with peace of mind and the chance to enjoy the drive. As an aside, I know it’s a computer but it still shows the value of companionship and accurate advice…reminding us that we don’t need (and we’re not even designed) to go it alone.
PS: proper planning also means having updated legal documents and a insurance to pay for your health care during that long retirement.
Schedule a call to talk to our expert Jim Better about your financial plan for a secure retirement with long term care insurance: www.calendly.com/jimbetter. Find more resources in our blog.