How are those 2020 plans working out for you?  In crazy and uncertain times, it’s easy to get sidetracked.  To feel helpless and stressed.  To give up or get discouraged.  To ask: “What’s the point?”  To pick up bad habits.  And even to actively do things that reduce your odds of long-term retirement success.  Things like:

  • Not being intentional with your time and money
  • Not exercising
  • Eating badly
  • Drinking too much
  • Not learning new things
  • Having too much debt
  • Neglecting your marriage
  • Not investing in your friendships
  • Associating with the wrong people
  • Allowing yourself to get bitter over circumstances
  • Taking life for granted and assuming it will go on forever
  • Getting stuck in routine
  • Comparing yourself to others
  • Not taking some “at bats.”
  • Letting the headlines derail your investment strategy
  • Doing nothing instead of doing what excites you
  • Not taking care of your mental and emotional health
  • Caring too much about what others think
  • Mimicking others rather than deciding what you really want out of life
  • Having an external vs. internal locus of control (i.e. “Everything is out of my control.”)
  • Waiting

Are you struggling with anything on that list?  If so, what’s one thing you can stop doing this week because it is holding you back and harming your chances of a successful life and retirement?   What’s one thing that needs to go because it doesn’t align with what you want your life to be?  Don’t let a difficult year derail all your hard work.  It’s time to weed the proverbial garden.

Be Intentional,

Joe

Time for a mid-year financial checkup