What in the World is “Triple Lindy” Retirement Planning?
Remember the movie, “Back to School” when Rodney Dangerfield went back to college with his son? One of the best parts of the movie was when Rodney’s character performs the “Triple Lindy” dive, to help win the diving competition for his school. In many ways a lot of us Boomers need to perform our own personal “Triple Lindy” in Retirement; to make up for the last decade or so in the market.
So how to plan successfully for your retirement? Below outlines the seven steps in designing a retirement plan.
Step 1 – Financial Discipline & Delay Gratification
» Read more: Retirement Planning Through a Strategic Wealth Management Process
Kick off the New Year with an eye toward a more financially secure future.
One of the big lessons learned (or re-learned for many of us) from what is now being called the “great recession” is that investment risk is real – our portfolios may lose value for a period of time. And, losing value when we’re close to or in our retirement years can significantly alter our goals and lifestyles.