Do you ever feel like your retirement planning goals are always moving? You’re not alone. We’ve found that people often move the goalposts in their own retirement planning, often to their detriment. In this episode, we’re diving deep into the psychology of retirement planning and the dangers of moving the goalposts.
Each of these planning items are foundational to a solid financial plan, but we still find ways to put them off until later or change the way we view them at different times. So understanding the reasons why we do this and how to change our approach is important for long-term success.
Here’s some of what we’ll discuss in this episode:
- The amount you need saved might change depending on where you on in life and what makes you most comfortable. (2:01)
- If you always seem to put off your savings until later, here are some ways to take some smaller steps to get started. (8:26)
- Waiting to reduce your risk because you’re chasing returns could be dangerous. (10:07)
- Why people continuously change their retirement date. (14:10)
If you’re ready to start putting off your financial planning, we make it easy to set up a time to meet and have that first appointment. Visit our online calendar here to begin.