What Type of Planner Are You?

For some people, the holidays are a time spent with family and friends at home. Others choose to spend their holiday on vacation…far from their family and everyday life. How do you plan for the holidays? Do you like to plan out every detail of your trip or event, down to the minute, or would you rather show up and see what happens?
I’ve known couples that have spent entire vacations apart because they had such different perspectives on this. One spent their time enjoying the beach, while the other explored the history of the island. There’s no wrong answer on how you like to spend your time. I know some very regimented and organized people who change personalities and leave all planning behind and live like free spirits on vacation. Making the decision to not have a plan was actually part of their plan.
When the discussion turns to retirement, do you think you should you have a plan? I’m not just talking about a financial plan. I think we’d all agree that we all need that. I’m talking about a plan of what you’re going to do with your newfound freedom. For instance, have you always dreamed of spending the days fishing, or playing golf? Perhaps you plan on volunteering for a cause that’s special to you, or maybe you’ve always wanted to learn a new language. Is it important to have a purpose to be fulfilled?
While figuring this out should be the fun part of your retirement, it’s important that your financial professional asks you these questions as well. He or she should want to know how you plan to pay for your retirement, but more importantly how you’ll find fulfillment in retirement. It’s your planner’s responsibility to help you match your income with the lifestyle you want. Without knowing how you’ll spend your time, your advisor can’t build a plan.  Knowing how you’ll spend your time, and having a plan to provide the required income will give you the confidence and control to relax and enjoy retirement, whatever it looks like.
It’s important to work with a qualified financial professional who asks about more than just your money. You should feel like you and your financial advisor are on the same team working for the same goals. If it’s been awhile since your last review or you’re simply looking for a second opinion on your current situation, then CLICK HERE to contact us and request your complimentary, no obligation financial review. Whether you’re a planner or a wing-it type of a person, give yourself the gift of a financial plan for your future to help you secure the retirement you’ve always dreamed of.