You know in your gut that retirement is serious business, and yet it’s not taught to us early enough in life. The mystery of money should not be written like a thriller full of surprises at every turn. Sure, we’re taught some simple math at school, but we’re not taught that retirement success is more about the arts.
The art of a successful retirement is that sacrifice is at the heart of saving money. It’s not about hitting it big or winning the lottery.
If I could give advice to recent graduates, it would be this: Think about retirement well before you get there. Plan for it. See yourself “making it a great” retirement. How do you do that? You do it by taking steps. You do it by living your life with the thoughtfulness and care it requires to live a great life.
First, you do that by making it a great day, then week, followed by my personal favorite “Making it A Great Month” (as you remember from Richard C. Young’s Intelligence Report), and then a year, and so on and so forth. Visualize yourself having the retirement you dream about—beating inertia.
When you finally have achieved success, my guess is you got here saving ‘til it hurt, working for as long as possible, and realizing you had enough money to live comfortably for the rest of your life. Maybe you’ll even leave some for the kids. But don’t let that keep you from flying business class, taking big trips, and living a good life.
Action Line: Retirement life comes at you fast. Enjoy each step of the way. And remember, I’ll be here when you need a friend and some help guiding your money. Email me at ejsmith@yoursurvivalguy.com, and click here to download my Special Report: How To Invest After Graduating College. Give it to a recent graduate you know to get them started on the right track.
Read the entire series here.
