What’s your wealth gap?
Often we are so busy working day to day that we don’t look forward to the place we are all trying to get to- financial retirement. Financial retirement is all about doing what you want, when you want and in the manner you want to do it. So, in short- choice! Most of us don’t choose to work from 8.30am to 5.00pm every day. We would choose to do other things (even if those things earned us income).
Some questions you need to ask yourself:
– Do you know how much you need to earn to be financially retired?
– Do you know how much in asset you need to generate the income required from the above question?
– Do you know your current asset/ liability position?
– Do you have strategies in place to fill the gap from your current position to where you need to be?
If you aren’t completely sure about any of these questions you should seek advice immediately. Clarity around your financial direction is empowering. R&C can provide the clarity you need in your financial direction. Get in touch with David or Ben about our CLARITY project.