Retirement Planning: It's Not Just About Saving Money

A football analogy that will help you rethink your retirement plans.

Every year about this time, I start getting excited because we are getting closer to the NFL football season.

This year, that got me thinking about how redefining your retirement planning is a lot like playing a game of football.

It’s all about offense AND defense.

Let me explain…

Offense And Defense

In my household, my wife and I run our finances like a football team.

My wife, she's the defensive coordinator.

She manages the money and keeps it safe. Outside of the occasional Target splurge, she's making sure we're saving and not blowing it all on some get-rich-quick scheme (which I’ve done and a crazy story for another time).

And me? I coordinate the offense.

I look for ways to make more money, mainly by investing in myself and hunting down new business opportunities.

The defensive approach to retirement — you know, saving through 401k, IRAs, and all that jazz — it's good, but it's not everything.

Think of it like this: if you're only playing defense, you're vulnerable. You are less in control of things like market conditions or how you’ll feel in 10, 20, or years.

Your defense has to play a perfect game. Unless you're the '85 Bears or '00 Ravens, you're going to have a tough time.

The offensive approach takes the pressure off the defense.

And that's what Redefining Retirement is all about.

You play offense to get ahead of the game.

Moral of the Story

Want to future-proof yourself and redefine your retirement? (the answer is yes)

Start playing offense.

Invest in yourself, learn new skills, and look for ways to monetize them.

And if you don’t know where to start, stay tuned because I’m working on something that will show you.

Heavy Action

Today's music selection is a great backing track to get your offense rolling.

The song is called “Heavy Action,” but most NFL football fans know it as the theme of Monday Night Football.

Crazy fact; it was actually composed by a British bandleader named Johnny Pearson. It wasn’t explicitly intended for Monday Night Football but was commissioned by the BBC for another project.

Check it out…

At first, I thought sharing this would be cheesy (although cheesy isn’t always a bad thing. Like old A-Team episodes for example).

But I listened to it with headphones on and no video while I was walking, and I have to say, it did put some pep in my step.

And with that, I’m outta here.

Thanks as always for listening to me ramble.

Have a great week, and I’ll see you next time.


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