Episode #43: The 7-Step Retirement Plan You Can Build Yourself - Part 1

When creating a retirement plan, where do you start? And where are you headed? These seven simple steps will guide you through the process of building a retirement plan that works for you. This is part one of that series.

Today's rundown: 

1:33 - Introducing this first part of a series covering the seven step retirement plan.

1:55 - The four questions you need to ask yourself before starting the retirement plan.   

2:50 - Step 1: Create an annual statement of net worth so you can measure your progress.

6:17 - Step 2: Know how much you spend and what you spend it on.

7:55 - Step 3: Ask, “Where am I going?” and write down your financial goals.

10:40 - Step 4: Live below your needs and eliminate bad debt.

Get the full show notes and additional resources by clicking here.