{"id":13183,"date":"2022-01-04T22:54:10","date_gmt":"2022-01-04T22:54:10","guid":{"rendered":"https:\/\/arrivity.com\/?p=13183"},"modified":"2023-06-27T09:50:30","modified_gmt":"2023-06-27T16:50:30","slug":"the-road-ahead-december-2021","status":"publish","type":"post","link":"https:\/\/arrivity.com\/the-road-ahead-december-2021\/","title":{"rendered":"December 2021"},"content":{"rendered":"

Greetings from Arrivity\u00ae Financial Planning!<\/em><\/p>\n

We hope this finds you well as the year end approaches.<\/p>\n

It\u2019s our mission to help our clients navigate their path in the financial world. We believe financial planning is not a one-time event. It should be ongoing throughout life\u2019s many changes.<\/p>\n

We value our relationship and want to remind you that we\u2019re here for you and your family whenever you need financial guidance. To stay connected, we\u2019ve teamed with a writer who is bringing us some topics we think you\u2019ll find interesting. We\u2019ll be sending our new newsletter to your inbox monthly.<\/p>\n

In our premiere piece, \u201cVisioning Your Road to Retirement,\u201d you\u2019ll find thought-provoking questions to help you envision your future and suggested steps to get you moving in that direction. We hope it is helpful for you or someone you know!<\/p>\n

Please\u00a0contact us<\/a>\u00a0if we can be of assistance.<\/p>\n

Your Arrivity Financial Planning Team
\n(formerly Goddard Financial Planning)<\/p>\n

Visioning Your Road to Retirement<\/h1>\n

The expected path isn\u2019t everyone\u2019s path.<\/p>\n

When I started getting into memoir writing, I began to imagine a post-retirement career as a Personal Historian \u2013 using my skills to help others document their lives. I mentioned this to a mentor who said, \u201cWell, it\u2019s not like you\u2019re going to quit your job and write for a living.\u201d Not long after, I did just that.<\/p>\n

When I was an executive, retirement was pretty straight forward: Work to a certain age, take the pension, then stop working. It\u2019s certainly what my parents assumed I would do. But the closer I got to it, the more creative my thinking became. Why wait until a specified age to enjoy life? When corporate life started to be less rewarding, I took the leap. Now that I\u2019m working for myself, I have a new vision of what the road to retirement will look like. And I feel like there are many more options \u2013 for today and for when I reach \u201cthat age.\u201d<\/p>\n

What will you do when you retire?<\/strong><\/p>\n

I recently came across an article listing 120 things one could do in retirement, and another that outlined 49 retirement ideas. I hope people my age don\u2019t feel like they have to pick from a list in order to design life after a career. In fact, if you begin to envision your retirement well in advance, you can start lining up your finances and other resources to support your plan.<\/p>\n

Today there are so many options for retirement: For some it may mean moving to a warm locale, pursuing hobbies, and traveling. But other people may want to keep working, start a business, or learn a new skill. And, of course, there are those who decide to leave 9-to-5 life early and pivot to something they find more fulfilling. The great thing is that none of these are bad options. What allows you to turn your vision into reality is a solid financial plan so you can see how different decisions will impact future financial scenarios.<\/p>\n

Mapping out retirement<\/strong><\/p>\n

An honest discussion with your financial planner can help you explore retirement options and see how you\u2019re going to get from here to there. Your financial plan will take into account current and future assets as well as obligations like education for the kids. A clear picture of all your finances can be your roadmap, and you may find out that you don\u2019t have to wait until a certain age to start doing more of what excites you.<\/p>\n

The planning process is a great way to clarify your thinking and discuss scenarios with your spouse or partner. Some people are surprised to find out that their family members have completely different ideas about what retirement looks like \u2013 and when it will happen. We\u2019ve included some questions below to get your thinking started, as well as action steps you can take right now.<\/p>\n

It can be scary to diverge from the expected path. I\u2019m not going to tell you it was easy for me, but a roadmap can help you make decisions and turn possibilities into reality. Your financial plan can be a guide that leads you into retirement with confidence.<\/p>\n

When is the last time you reviewed your financial plan? Your\u00a0Arrivity financial planner<\/a>\u00a0can help you map out the future no matter where you are in the journey toward retirement.<\/p>\n

Questions for visioning your retirement<\/strong><\/p>\n