Our Project Money experience has been centered around good planning and execution. Now that we are coming to the end of this journey, we thought it would be good to tackle one more area in which we need some help: Retirement. We have no idea what we are doing when it comes to retirement planning. Honestly, outside of 401k's and Social Security, I'd bet most people have given it little thought if they are as consumed weigh the present as we are. So we decided to do something about that.
A couple of weeks ago I met with one of Summit Credit Union’s financial planners to get informed about some of our options for future planning. We talked about investments, Roth IRA's, mutual funds, and several other strategies we could use to set ourselves up for the future. Yes, it was a little overwhelming. But getting informed about something of this magnitude can be. But fear is what kills progress. And we are not going to let fear of the unknown prevent us from moving forward.
I am by no means an expert after this meeting, but now we have direction and are building a plan. I'd say that's a good start.