There is a catch phrase that you often hear involving something called “living in the moment.” While it is true that staying focused and dealing with the tasks at hand is important on one level, on another level there is a macro picture. We go through different phases of life and to be able to address the eventualities that lie ahead long-term planning is necessary.
Goal setting is important because if you don’t know where you’re going you’re not going to be able to devise a plan for getting there. This may sound like overstating the obvious but in reality far too many people don’t ask themselves what they want out of retirement. They just go through life with blinders on taking it one day at a time. Before they know it they are entering their 50s or perhaps even their 60s with no particular goals without having made any advance plans.
The wise course of action is to envision the ideal retirement when you are relatively young. You then structure a long-term financial plan that leads to the fruition of these goals. It takes discipline to get there, but when the plan comes together you’ll find yourself fully capable of enjoying your golden years to the utmost.
You may see the logic in the above but not know exactly how to proceed. The intelligent first step would be to sit down and discuss your future with a savvy Hartford financial planning lawyer who has a successful retirement planning background.