The Power of a Written Plan

Why spend another moment wondering about your financial future or the security of your retirement? Let us help you gain peace of mind and take control today!

The Power of a Written Plan

Business owners and CEO’s have written business plans. Ship captains chart their courses on
nautical maps and doctors have written treatment plans for their patients. What these and most
successful people all have in common is that they have written plans of action that provide them
with goals and direction for a clearly defined outcome - written plans that likely lead to the
results they expect to achieve. Planning for retirement is just as critical and no different from any
other detailed process or objective.

Whether you’re in your forties, fifties or sixties it’s time to create a written retirement
plan. It’s never too late and never too early, but if you’re just five to ten years out from
retirement it’s crucial that you do so. Often spouses assume that they share similar retirement
goals and objectives. However they miss opportunities because they never take the time to
discuss or create the formal planning necessary for a secure, satisfying second phase in life. It
may be hard to imagine, but many people spend more time planning summer vacations than they
do retirement.    

Creating a plan can be an eye opening experience. It can show that yes I do have enough for
retirement, or no I don’t and I need to make sacrifices now. It helps you to make hard
informed choices. It allows you to be in reality of where you are financially and provides
you with the strategies and tools to get to the place you really want to be. Written retirement
plans provide you with power. Knowledge is power.

A written plan may help you to be a better saver, plus it can have a big impact on how you
secure you are in retirement. You may be like others who retire and are afraid of spending their
money believing they may run out, so they hoard it. Without a written plan that’s monitored and
updated periodically you’re likely to have a lot of anxiety about what can happen. The written
plan helps take away that anxiety. If you don’t have a plan you can blow through your savings or
you might spend too conservatively and have a retirement that’s really below what you deserve
and what you worked for all your life.  

Foundationally, the written plan should tell you how much it’s going to take to maintain the
lifestyle you want in retirement and provide you with a course of action to achieve it. It may also
consider income planning, social security strategy, tax planning as relates it to retirement, estate
planning, legacy planning and healthcare planning involving Medicare and long term care.

Our planning process always begins the same way by listening to our client’s dreams, goals and
vision for the future. Once we know you and who you are, we can begin to provide you with
options and strategies relating to you. Options that allow you to feel secure about the future.  We
know that no client is the same and we tailor your plan to utilize your particular resources and

According to the Retirement Research Institute at Boston College, having a written retirement
plan dramatically increases your odds of experiencing the retirement you dream about in your
working years. With retirement, failure to plan is planning to fail. Written plans make all the

Contact us Today to learn more!

381 Hwy 21 Suite 203, Madisonville, La  70447

Hours: Monday-Friday 8:30 a.m. – 5:00 p.m

Securities and Advisor Services offered through Silver Oak Securities, Inc.

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