Have you ever noticed how everyone and everything has some sort of warm-up routine or countdown? From the ball drop on New Year’s Eve to a rocket launch.
Think about it, even driving a car has a checklist of things that need to be done like checking mirrors, adjusting seats and putting on seatbelts.
So let me ask, do you have a pre-retirement checklist? Did you even know there was a need
for such a thing?
I’ll bet a good percentage of people have planned more for their vacations or where they’re going to eat dinner, or even their golf game than they did for their pre-retirement checklist.
Now don’t feel bad if you fall into that category, you’re certainly not alone.
Many of the people we meet with think that if they have a 401k or an IRA they’re prepared for retirement and can just wait for the big day to arrive.
The fact of the matter is that every 5 or 10 years leading up to and during retirement, adjustments need to be made to your financial plan and the items on our retirement planning checklist.
At Madrona Financial Services, we work with our clients to make sure their plan is appropriately built for each stage of retirement.
Imagine if you bought all of your clothes, I mean your entire wardrobe, for the rest of your life when you were 25 years old. Well, first of all, if you’re like me they definitely wouldn’t fit anymore. How about the style? What about your tastes? Any of those things changed since you were 25?
So in today’s blog, we’re focusing on those first 5-10 years leading up to retirement and discussing some of the big things you need to be focused on and prepared for both emotionally and financially.
Retirement education is one of the most important things we do at Madrona Financial Services. Both the answers to your questions and a meeting with us are absolutely free. So call us and it would be our pleasure to walk you through any questions you might have about your retirement plan.
