Creating a financial plan is a great first step towards securing your future, but it’s important to remember that the plan is the first step only.
As with all plans, it needs to be monitored, reviewed, adjusted and revised.
What if you could be doing even better than you’d originally planned?
What if an investment is over performing and you could leverage that to make another investment?
What if something isn’t going as well as expected. Do you recognise that and make changes to minimise the losses?
What if your goal posts change and you decide you want or need more for your retirement?
What’s your process for review?
Make sure you have one. That’s as important as the initial set up of your financial plan.