“If you don’t have a plan, you become part of somebody else’s plan.”
― Terence McKenna
Let me repeat the title above: Who’s Setting Your Retirement Agenda?
Or, based on the quote above, who’s making your plans?
“I AM!” you think to yourself.
“Of course I am!”
But are you really?
With so much discussion by the media and many financial advisors about how you’re investments are doing compared to some arbitrary market index like the S&P 500.
With so many of my clients asking me, directly or indirectly, a version of “how do I compare to your other clients?”
With so many of us making financial (especially spending) decisions based on what those around us are living in, driving, wearing, etc.
With so few of us actually getting away from work we don’t enjoy (or maybe hate) to pursue something more meaningful. More fulfilling. Even if it pays less money.
With many of us blindly accepting as truth things we were brought up to believe by our parents about money and about life. These are the invisible “money scripts” I’ve mentioned before.
With many of us ________________ (you fill in the blank).
As we quickly approach the end of 2019 and the beginning of not just a new year, but a new decade, perhaps think about some of these ideas.
How will your life be different in the new year?
And I’m not talking about those disposable resolutions we all make every year. And yep, I make ’em too.
Instead, how can you set your own agenda?
According to what’s important to you?
And those you care about?
If you don’t set your own agenda or make your own plan, who will?
Successful investing isn’t about beating an index or a target return. It’s living your life deliberately and giving yourself good odds of reaching your goals — big or small.
And that’s not just successful investing.
That’s simply success. Period.
And if you set your own agenda and define success in your own very specific and personal terms, it doesn’t matter what anyone else is doing.
Or what they’re buying.
52 years old and hate your job? Do something about it.
That doesn’t mean you have to quit, but it also doesn’t mean you have to work another 3 or 5 or 10 years doing something that makes you miserable.
It doesn’t matter where you came from or how you were brought up. It’s all about where you are now and all the wonderful places you’ll go.
You don’t need me to give you permission.
But I am here to give you encouragement.
If you’d like to discuss your agenda, including your very personal financial planning, let me know. Those are the conversations I most enjoy.
I can’t promise I’m the best person to help, but I’m willing to listen and offer any support and guidance I can.
And to those of you already living life on your terms and according to your own rules . . . I’m excited to see what 2020 (and beyond) holds for you, your families, and your communities.
P.S. – This is the time of year when we look forward to the days, weeks and months ahead. But it’s also a time for reflection and looking back at where we’ve come from. With that in mind, here are some investing facts that I found interesting. Maybe you will too.