This “Boring” Retirement Exercise Could Save You 5 YEARS (But Most Ignore It)

This “Boring” Retirement Exercise Could Save You 5 YEARS (But Most Ignore It) Work with me: https://randy-smith.showrunner.one/r/74af52f24d39 I'm a certified financial planner and registered life planner, and for nearly 30 years I've watched one boring exercise decide whether retirees sail through market crashes and family money crises or lose years of their life to fear. I break down why one more year is the biggest threat to your retirement, bigger than a market crash or taxes, using a real example of a couple with 3 million saved who ended up working five extra years without ever deciding to. I walk through the exact three-question exercise that fixes this: what your life actually costs, where your income comes from when the paycheck stops, and what you're actually retiring to instead of just retiring from. I explain why a number like when we hit 4 million we're done never works as a real finish line, because a moving target tied to a feeling never gets crossed. I also cover the three things that come after your retirement date and threaten to move it: a market drop, your kids asking for financial help, and your own fear showing up as one more year. I explain why deciding these things on paper now, while everything's calm, beats deciding them later in a panic, and how this same boring exercise becomes even more important once you're actually retired. If you want our team to help build this out for your specific situation, that's exactly what we do at Fairway Financial, link in the description to request a conversation. #retirement #retirementplanning #howtoretire ----- I’m Randy, a CERTIFIED FINANCIAL PLANNER™ and Owner/CEO of Fairway Financial. After years in banking, financial planning, and consulting with advisors across the country, I saw too many retirees struggle with rising costs, market uncertainty, and a lack of clear direction. That’s why I choose to do what I do. Through my Pathway to Purpose™ process, I help retirees, those nearing retirement and business owners, create a plan they understand and feel confident in. So they can retire to something meaningful, not just from work. ----- Disclaimer: Fairway Financial, LLC is an SEC-registered investment adviser. Content may include topics related to retirement, tax, estate, and financial planning but should not be considered investment, tax, or legal advice. This material is for informational and educational purposes only and is not personalized advice. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Always consult your CPA, attorney, or financial advisor before making financial decisions.