In the second part of aligning plans with finance I am going to gain an understanding of where I am with regards to achieving my retirement goal and how much longer it is going to take me to achieve this. From this I can calculate out the earliest age I can retire at.
From part 1 I know what I need annually mini...
Now that we understand what and where we want to go with our retirement plan and we understand our current financial status we need to align the two.
As this is quite a large subject, I intend to break this ...
Prior to aligning my plans with my finances, I need to understand if there are any items on my bucket list that could de-rail or significantly change plans or finance.
According to Cambridge Dictionary a bucket list is a list of the things that a person would like to do or achieve before they die. Some ...
In this article I am going to explain how I went about setting my baseline financial position to understand where I was today from a financial position. This seems like a lot of work, however once it is done it will make the next few stages easier. It is also a good idea to carry this out once in a while to help you understand where your money is going on a day to day basi...
It is time to create a plan, I should be clear from the start that this is an iterative process; the plan that I created will not be the plan that I follow until retirement. There are many reasons for this, but first and foremost is I need to match my plan with my financial means and goals. There is no point creating a plan that has me living in a $1m beach house in Malibu...
This blog is the first in the finance series to talk through how to carry out the first stage of Retirement Gearing. This is all about setting up your financial structure to make financial planning easier, while you don’t need to carry out this step it will make the rest of the process a lot easier.
If you...
My name is Lee Noble, I am not a financial consultant nor have I worked in the finance industry. I am an average Joe with a family and a job, working my way to retirement when I hope that I will have everything in place to support me through my remaining years. The final line of the above paragraph is a scary one, how do I know how much is enough? If you follow the government advice on this the...
