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When engaged in Chess, It is always best to be proactive in your thinking. Your first move sets the tone for all future moves. Acting first (Proactive Thinking) keeps you ahead. Responding after the fact, (Reactive Thinking) means you are playing catch up.
Once engaged in Chess, one needs to have at least three possible next moves in mind to help assure of having all contingencies covered. The same is true with Retirement Plans.
Understanding the possible impact of these three possible moves means you are keeping an eye on all of the factors that could cause either a negative or positive impact on your retirement plans.
Always having a clear picture of the end game keeps the Stategic Thinking and Planning in tune with your future as your retirement plans mature.
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John S. Agatston, President
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Greg Elnyczky, Chief Actuary
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Jonathan Morton, Actuary
jonathanm@practicalactuary.com
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Arik Miller, Operations/IT Systems Manager
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Avivah Miller, Office Assistant
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