April 1, 2015
In the last blog entry, I kicked off the concept of making a 10-year plan as a run-up to retirement by first of all forcing yourself to sit down and have the discipline to write down everything you still have left to accomplish in this lifetime. In part 2, we continue with a year-by-year countdown to retirement.
Discuss the life goals and retirement timeline you’ve written down with your spouse and family. Discuss your goals with your business partners and senior staff. When I suggest this, some clients blanch, thinking this will result in staff resignations: “What will happen as they know I’m approaching retirement?” Early disclosure will not lead to staff defections and, indeed, will give the most important support people in your professional life the confidence that you are thinking way, way ahead.