The Farmer does not merely plant the seed and show up months later to a perfect harvest in his cornfield.
For optimal results, the Farmer must tend to his field. He must make sure the irrigation systems work. He must make sure that weeds do not take over the field and must keep unwanted pests away.
Your financial plan is no different. You must monitor your financial plan. You must water your field (make contributions according to your plan). You must also make sure to keep away the unwanted weeds and pests (investment behavior).
Remember to tend to your field or hire a Farmer (financial planner) to help look out for your harvest.
Information in this material is for general information only and not intended as investment, tax or legal advice. Please consult the appropriate professionals for specific information regarding your individual situation prior to making any financial decision.
10 Actions To Take 10 Years Before Retirement
In this paper we discuss 10 actions you should take to develop and deploy a successful long-term wealth plan. It will help you make decisions about your financial journey today and well into your retirement chapter.