It’s Time To Plan For The Longest, Most Fulfilling Vacation Of Your Life
We are approaching summertime and that typically means vacation time. However, the past couple of summers have been more about stay-cations rather than vacating one’s hometown. This year is different with COVID on the decline and people feeling a bit more daring and ready to break out of the confines of the past two and half years.
With that being said, I know there’s a tremendous amount of time and energy that’s been given to planning the perfect vacation this year. As a financial planner, I’m always surprised at how much time, thought and detailed energy most people put into planning what may be a “once-in-a-lifetime vacation” and how little time they devote to planning what could and should turn out to be the longest and best vacation of their lives: Retirement.
Most people will scrimp and save throughout the year, or sometimes for a year or two, to take one unforgettable vacation. Yet, let me point out that by establishing a long-term financial plan, you could have your cake and eat it too, so to speak. With a financial plan in place, you become accustomed to saving for the longest and best vacation that comes when you retire. And, like just about anything else, once you are in the habit of saving, it’s easier to do. You may even discover that by saving for your long-term retirement goals, you don’t have to scrimp to enjoy a nice family vacation every couple of years.
The point is this: If you start early and put the time, effort, and energy into planning well for that long wonderful vacation at the end of your working years, you may find you are satisfied with smaller, less extravagant vacations as you journey to retirement. With summer around the corner, this is the best time to start planning for that long and fulfilling vacation called retirement. Give me a call and let’s start planning!