Archive for July 26, 2010
Taking Your Financial Plan Outside The Box
in-san-i-ty -Noun.
Doing the same thing over and over again and expecting different results.
Sometimes I feel alone when I say things like “traditional financial planning isn’t working anymore” and “I need to find a new way to take control of my financial future.” I think our financial decisions are based too much on tradition. Our parents, grandparents, and great grandparents have been telling us “go to school, get a job, and put as much as you can into a 401(k)” (or other government sponsored plan). Instead of blindly following the advice given to us by those that have been riding the retirement roller coaster their entire lives, what if we decided to change things up. I know for some people going against the norm and the advice of a respected elder can be very difficult but hear me out.