Episode 54: How To Have Your Best Year Ever

It’s that time of year, when you make great plans for the upcoming new year. In this week’s episode, Devin and John  help you make 2018 the year when you get all your financial plans in order. No matter what else happens, at the end of 2018, you’ll be either one year further into retirement, or one year closer to retirement. Let’s make it a productive year, so you can relax and enjoy the things that really matter.

Get Yourself Organized

Devin and John have written a free book: 3 Steps to a Big Picture Retirement walks you through the steps to create an system to keep your financial stuff organized. It’s broken down into simple steps so you won’t be overwhelmed.

  1. Calculate your net worth
  2. Inventory your insurance coverage
  3. Streamline your accounts
  4. Automate and go paperless
  5. Review your Social Security information
  6. Create a master file

Build Your Best Team

Take a critical look at the people on your team: your financial planner, your accountant, and your lawyer. Not every professional is great for every person and every situation. You need a team of fierce advocates for your best interests.

How do you find the right team?  Devin and John have gone over this in-depth, in three separate episodes:

Big Picture Retirement Episode 5: Hiring The Right Tax Advisor

Big Picture Retirement Episode 6: Hiring The Right Financial Advisor

Big Picture Retirement Episode 9: How To Hire The Right Attorney

Once you’ve got your team put together, be sure you have a retirement plan. It’s easy to put this off, because it is hard to see your future self, but you’ve got to at least get some basic planning done. Make sure you are on track to hit your goals, and set up some automated ways to reach those goals.

Turn Off The News

This might be tough, but give it a try.

If you can’t give up the news altogether, try turning off the financial news. It’s not helping you reach your goals, and it may be inspiring you to do some things that aren’t so smart.

You can come back and listen to this episode throughout the year to be sure you’re on track. It’s going to be a great 2018!

Resources mentioned in this episode:

Devin and John’s free ebook:  www.bigpictureretirement.net/steps

Devin’s Social Security blog: Social Security Intelligence

Big Picture Retirement Episode 5: Hiring The Right Tax Advisor

Big Picture Retirement Episode 6: Hiring The Right Financial Advisor

Big Picture Retirement Episode 9: How To Hire The Right Attorney

Don’t forget to subscribe to the show, and leave a rating and a review!

Once a month, Devin and John answer questions submitted by listeners.  If you have a question for a future Listener Questions episode, submit it to questions@bigpictureretirement.net.  We can’t get to every question, but we sure do try to hit the big issues that help the most people.