Can you envision what your retirement years may look like? Do you see yourself traveling the world, living in your ideal location, spending time with your loved ones, or setting out on a new second career? Before you can start putting together a retirement plan, you need to know what you want your retirement to be.
To gain a sense of what clarity around what your retirement vision looks like, think of retirement from a crawl, walk, and run perspective. Without having a vision, you cannot develop the necessary plan to help guide you to where it is that you ultimately want to go.
Here are a few steps that can help take you from crawling to running in your retirement journey. Be mindful to take your time and thoroughly think through what you see your retirement as being. This is one time where it is good to think selfishly!
I hope that you can see that there is a lot of work to be done even before you begin to consider financial figures and asset management strategies when it comes to retirement planning. Although TAMMA can help facilitate the initial steps outlined above, it begins with you. Our goal is to help you reach those goals through planning and management of your investable assets.
The fourth step is where working with TAMMA could help bring some of your ideas into reality. We would begin the process of analyzing and identifying what it might take to accomplish your retirement goals that would likely include;
And as you go through your working years and there is a need to be flexible with your retirement goals, there is no need to worry. You can pivot your retirement plan to accommodate whatever life may throw your way. Once your financial data is clearly outlined, you can put together a framework and roadmap that works best for you and your situation, thus helping to make your retirement goals a reality.