Preparing for retirement is a marathon, not a sprint. The longer you stick to a set of good retirement saving and spending habits, the more you will earn for your golden years. That takes consistent discipline.
- It means sticking with regular savings even when life throws you a curveball, or when your employer no longer offers you a retirement plan at work.
- It means avoiding following the crowd and panicking when markets crash.
- It means avoiding withdrawing from your retirement savings if at all possible.
- It means rebalancing your investments as markets shift.
- It means keeping an eye on fees and costs over long periods of time.
Forming habits is hard. So is sticking with them. We can’t promise you that retirement success will come without effort. We do believe, however, that following the Common Good Plan or a program like it is one of the easiest ways out there to earn significantly more income, and improve your quality of life over a long period of time.
