We plan for most life events throughout our lives, while often we fail to think about what we hope for in our Golden Years…or maybe we are just avoiding the inevitable?

This is a good time of year to review things like your beneficiaries, your credit score/report, homeowners insurance and retirement plans and any long term care insurance. While we don’t have a crystal ball or a ‘Jeannie in a Bottle’, we can certainly make the most of opportunities to plan for our future.
The best financial plans are those that are built around your life goals. That’s why we use the F.O.R.M. framework. This framework ensures that every aspect of your plan is aligned with your vision for the future. By focusing on four key areas of your life: Family, Occupation, Recreation, and Money, the F.O.R.M. framework can shape your financial strategy in a way that genuinely reflects what matters most to you.
Family
Whether you’re funding your children’s education, pursuing a comfortable retirement for you and your spouse, or planning a legacy to leave to future generations, your family goals are essential to your financial plan. A personalized strategy can help you prioritize these important needs. Often the family unit is at the heart of it all.
Occupation
Business and career plays an important role in shaping your financial future. Are you looking to advance in your career, transition into retirement, or grow your business? Whatever your professional goals, they will influence your financial decisions to meet future goals and aspirations!
Recreation
The goal is to enjoy life right? Life isn’t just about work – it’s about enjoying your time and experiences. Whether it’s funding travel, supporting a hobby, or upgrading your lifestyle, these recreational goals are critical. Having a financial plan in place to support these aspirations helps you enjoy life to the fullest.
Money
At the core of any financial plan is building wealth, managing debt, and creating financial security; everything is built from this foundation. Whether you’re saving for retirement, minimizing taxes, or saving money for emergencies, you can secure a confident future by focusing on your financial goals. Aligning financial strategy with your F.O.R.M. goals, you can create a plan that supports the life you want to lead.
A word to the wise, at a minimum, make sure your contribution level is high enough to qualify for the maximum matching contribution from your employer. Over time, make it your goal to save 15% of your salary in the account (that includes the company match).
And finally, “keep going because you deserve to see what happens when your hard work pays off”
At McGregor, your journey is personal. We help you get there.
That’s why we have so many connections and partnerships to provide resources and programs.
Resources:
1360 financial
2 Suze Orman, Costco connection