After you’ve chosen us as your planner, the unique part of our process really begins. This is where we focus on helping you understand more about yourself and what you’re going to need to truly enjoy this next phase of life. When you no longer have a “job” that defines who you are (to one degree or another) or what your purpose is, you need to redefine this for your future self. By understanding what motivates you to make the choices you make in life, you can begin to create your new life’s purpose. Without knowing what you’ll be doing in retirement, how will you know how much money you’ll need?
To help with this, we created the Retirement Lifestyle Discovery™ which is based on an assessment tool called Retirement Dimensions™ developed by Career/LifeSkills Resources Inc. This simple, focused questionnaire takes you step by step to help determine your “values, personal strengths, concerns, interests, relationship preferences and philosophical view of retirement”. Once completed you will have a blend of “4 personality temperaments”, which help define your preferences. This information becomes a useful guide to help map out the things that you’ll most likely want to do in retirement, and with whom.
Up next is our Financial DNA Discovery™. Its purpose is to take stock of your financial reality. We need to assess your financial starting point. Where you are today financially? What do you own, what do you owe, what do you earn and what do you spend? And more importantly, when you no longer have a paycheck where will your income come from, how much do you expect to receive and will it be enough?
