“I will make my retirement map”
Unrealistic expectations could sabotage your retirement plans. Since you’ll be spending a significant chunk of your life in the retirement stage, you’ll need a map, Zeigler says.
“For me, this will start by listing my personal life priorities—family, career, home, travel, and philanthropy aspirations—and drawing up a financial roadmap that leads me to the future that myself and my family want,” she says.
“I’ll sit down and ask myself questions. Detailed questions such as, ‘Where do we want to live when it’s time to retire?’ ‘How much do we want to travel?’ ‘Will I work longer, or pursue a new passion project?’ ‘Will we consider going back to school?’ then adjust my retirement plan accordingly.”
