Creating a “Fireproof” Retirement Plan | The Financial Mirror

In 2022, the stock market dropped roughly 20% in the single year. For some, this could begin to make them alter their retirement plan from just a year ago. The question that I have for those individuals is why? Why would the stock market pulling back in a single year alter your decision to retire if that was your plan? So many look at retirement as an age and may have never actually understood what a retirement plan looks like. Today, I want to discuss how to create a fireproof retirement plan that will leave you stress-free for all of your retirement years. If you will take the time to build this plan, you will be on your way to feeling in control of your money and know the moment you can make a hard commitment to retirement.

Article Referenced: https://www.kiplinger.com/retirement/retiring-in-a-slowing-economy

Compound Interest Calculator: https://www.nerdwallet.com/banking/calculator/compound-interest-calculator

Buy Your Financial Mirror Gear: https://www.thefinancialmirror.org/shop

YouTube: https://www.youtube.com/@thefinancialmirror
Facebook: https://www.facebook.com/thefinancialmirr0r
Twitter: https://twitter.com/financialmirr0r
Instagram: https://www.instagram.com/thefinancialmirror/
Podcast: https://thefinancialmirror.podbean.com/

If you are in need of a Financial Coach, don’t waste another day of being in debt, not planning for retirement, or simply wondering where your money went each month. Today is the day to take control of your finances and I can help, no issue is too big or too small. Contact me at https://www.thefinancialmirror.org/