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Create your own retirement vision
(Source – www.emporiagazette.com)
According to Tony Walker, author of the Worry Free Retirement, there are three key ingredients necessary to reaching you destination. Before getting started you must:
^ Determine your “ideal” vision and then write it down. If it’s not written down in a place where you can go and review it regularly, then it’s not a serious goal to begin with. So simply write down your “ideal” retirement. Keep it short and simple.
^ Assuming you’ve written down your “ideal” vision for retirement, the next key step is to “commit” to the vision by sharing it with someone you trust who will monitor your progress. It could be your spouse, a friend, or your financial adviser.
^ Set up a plan of action, based on your current strengths, weaknesses, opportunities and threats to the vision. The action plan must be flexible to meet changes in the future.