This has the potential to be quite a boring post – an exhortation to save isn’t the most scintillating of topics. I suppose that we have a choice:
- either we spend all our income and enjoy a high standard of consumptive living pre-retirement and consequently scrape our way through retirement
- or we step back, form a financial plan so that we will never run out of money, save what we need to in order to follow the plan and spend what’s left
Guess which choice most of us make?
Many are aware that they bury their heads in the sand when it comes to saving and planning for the future. And let’s face it, if you’re young the future seems a long way down the track.
Is it though? Life has a habit of throwing a curveball at us once in a while and by then it’s often too late. Suppose, for example your spouse dies, reducing your household income by half, all of a sudden the future changes dramatically and new worries and concerns appear immediately.
You can’t retrospectively plan for the future. Do it now. Don’t procrastinate until it’s too late. Life is not a rehearsal. We don’t get a second shot at it. Don’t let money and financial matters become a burden and source of concern and anxiety. Take your first step and call us – we’ll chat with you to find out what’s important to you and your family and begin to plan for your future. Remember, everything we do is focused on you, your family and your hopes and fears. You are not a number to us or a source of income – we build a long standing relationship with our clients and take all of the stress and hassle out of financial planning because we do it all for you!
By David Gibson