11 Steps to Keep Your Retirement Plan On Track

In challenging times like what we’re living through, it’s helpful to start by revisiting what’s most important to you, as this creates clarity as you review your resources and potentially have to make decisions about changes to spending and lifestyle.

We talk often with clients about “FORM” which stands for Family, Occupation, Recreation and Money. The first three items are a person’s “why” and money is simply the “how”. It is not an end in and of itself, it’s the means to support your best life.

Take a moment and think about your why because when that is clear in your mind, evaluating any needed adjustments to your spending and lifestyle becomes an easier, albeit not easy, decision.

With the market downturn, if you are now at risk of not being able to accomplish the goals you set out as part of your financial plan before COVID-19, it’s important to revisit your financial plan to determine what levers you can “pull” to get things back on track.

Download our checklist for the 11 items to think about when considering your current financial plan and investments.