Burnsville, MN

You’ve been thinking about it for a while, but now it’s getting close to decision time. You think you might want to retire, but you want to do it for the right reasons. So, what are the right reasons? Once you start to get serious about retirement, you realize it’s about more than just needing a long vacation. Being in the right mental and fiscal place for retirement is crucial to the retirement journey. We offer you some great reasons to take the plunge.

With the unofficial end of summer upon us, it’s time to think about your finances. “Wait, what? It isn’t the end of the year. It isn’t even tax time. Why can’t I just enjoy these last two days?” Relax, you can still enjoy your long weekend. But your financial plan doesn’t work when you are in a rush. The actions you take now can save you time and money at the end of the year and when taxes are due. Consider this your fall financial checklist.

If you are a regular reader of this column, chances are you are eagerly anticipating retirement. After all, the point about learning about saving and investing is to have the retirement you want.

If you are like many Minnesotans, you spent the 4th of July weekend up at a friend’s cabin. At some point, maybe out on the lake, or after an adult beverage at the bonfire, you thought “maybe we should get a cabin.” No need to wait for an invitation. You can go any time and stay as long as you want. Heck, you could return the favor and invite your friends to your place after all these years.

For the last several years, we have been blessed with economic growth combined with relatively low inflation. This benefitted aggressive and conservative investors alike, and it was frankly nice not to have to think about it.