Contrary to popular perceptions, planning for your financial future is not an impossible task for anyone. But there are persistent myths that first need to be dispelled. If you have no real financial plans for your future, are you really "planning to fail"?
Whenever I meet someone who needs to commit to creating a solid financial future, I usually encounter one of two responses to my advice that now is the right time to start. The first is that they will never retire. The second is that they are glad I raised the issue and they need help to start on the right path.
To the first response I realise that the person is hiding from the stark reality that he is way behind in his planning. I hear all sorts of excuses which people ultimately justify to themselves about this.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.