Latest / Retire With Freedom: Featuring Freedom Financial Group's Toni, Tyler & Tad Hill
The Importance of Setting and Sticking to Goals in Financial Planning
Moving the goalposts when retirement planning can be a dangerous game and leave you open to some negative financial impacts. This concept refers to the habit of setting financial goals and then shifting them once you get close to achieving them. Having set goals and plans and sticking to them is important as you approach retirement.
For example, if you don't make a firm decision to set an alarm, you're likely to sleep in. Similarly, without a firm financial plan, you're more likely to make impulsive decisions based on current market conditions rather than sticking to a well-thought-out…
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