Article Highlights
- Priorities are like alligators, deal with the closest one to the boat first.
- Without goals, we might be flying...but it's unclear where we’re landing.
- A good plan is like a map that takes us to our destination.
- Finding allies and stepping outside of our comfort zone are keys to retirement success.
In recognition of Women’s History Month, The Wave Strength proudly welcomed former Thunderbird, and U.S. Air Force Pilot Michelle “Mace” Curran to the Mission Critical webinar. Michelle and host Christine Tucker discussed many fascinating aspects of Michelle’s career, and Michelle shared several lessons, tactics, and strategies that can be applied to financial wellness and preparing for a successful retirement. Here are five key takeaways from the webinar which can help us become retirement ready.
1) Establish Priorities
One of the many highlights of the Mission Critical webinar was when Michelle shared her strategy for prioritizing: Focus on the closest alligator to the boat, then deal with the next one. Applying this strategy to retirement preparedness could mean reducing debt, creating a budget, or enrolling in an employer-sponsored retirement savings plan.
2) Set Goals
Without goals, we may be soaring, but we’re doing so without a destination, and that could lead to a bumpy landing. Goals serve as our destination and establishing goals will help set a course toward a successful retirement.
3) Make a Plan
Michelle repeatedly noted the importance of planning in achieving her personal and professional goals. Our plans are like a road map, it's how we navigate toward our goals. After we’ve established our goals, we can then begin planning to achieve those goals. Another important takeaway is realizing that it’s OK to change our goals and plans if our circumstances change.