Well known author and financial expert Chris Hogan shares his five fundamentals that will help you to retire inspired!
Chris Hogan is not your typical financial expert. Chris started out as an All-American college footballer who was more comfortable on the field than behind a desk. But his journey has sent him on a trajectory that has culminated in a passion for helping others find financial peace.
An engaging and humourous speaker and talented author, Hogan is committed to promoting financial education to a wide and varied demographic. Whether it’s speaking at colleges or businesses, mentoring athletes or advising retirees, Hogan is an expert on a range of subjects such as mortgages, healthcare and investment.
In his book Retire Inspired: It’s Not an Age, It’s a Financial Number, Hogan directly focuses on what steps you can take to ensure that you are adequately equipped for not only a secure, but also for an inspired retirement. He encourages his readers to think about retirement as not being about an age, but rather a financial number that you need to achieve in order to live the life you want when you retire.
It’s a powerful read that will help educate and empower you to set reasonable expectations and make sound investment decisions. For Hogan, the key to ensuring an inspired retirement, is simply to break it down into some fundamental steps and to know what you want to achieve and how to execute it.
“I’m a big sports guy, so when I hear the word fundamental, I think of the things you focus on every day, every hour and every practice as you strive for excellence,” says Chris. Here are the five fundamentals that can help keep you on track as you work toward retiring are:
Fundamental #1: Dreaming
Dreaming is an action. You must be able to see your retirement dreams clearly and need to own them. Dreaming is the process of discovering (or recovering) the things you have always wanted to do. It is the want’s of your life. You need to remind yourself of your dreams every day.
Fundamental #2: Planning
Planning is the strategic process of figuring out how to achieve your goals. That means you and your spouse need to have plenty of discussion. If you are single, find an accountability partner who can hold your feet to the fire. Planning is the process where you connect your actions to your goals. Let the plan be your GPS to get you to your retirement dreams in style. A huge part of that plan will be your commitment to budgeting.
Fundamental #3: Execution
Execution means taking the right steps at the right time. It involves investing, budgeting, avoiding debt, working with your dream team, communicating with your family, maintaining healthy relationships, and yes, even continuing to dream (because your dream will evolve.)
Your actions matter, and focused attention brings results.
Fundamental #4: Commitment
Commitment means embracing the sacrifices necessary to get to your dream. It’s the pledge to your spouse, your family, your community, your children, and your grandchildren (whom you may have not even met yet!) Commitment is the understanding that your health, wealth, work, and relationships are a blessing and that you have to embrace the responsibility of leaving a legacy.
Fundamental #5: Vigilance
Vigilance means knowing that stupid is always lurking around the corner. It’s watching out for people trying to get you to invest in a risky, once-in-a-lifetime opportunity that will most likely leave you broke and embarrassed. Vigilance is a mindset that you are going to protect your dream and your legacy. It means ignoring the Joneses and the temptation to look rich (even when you’re not.) It means that you will protect your retirement dreams and that you will stay focused on preserving the blessings of the legacy that you will leave.
According to Hogan, “You can view every aspect of your retirement through the lens of these five fundamentals. If you continue to stay on top of those five things, you’ll be way ahead of the game.”
For more information on Chris Hogan or to order a copy of Retire Inspired: It’s Not an Age, It’s a Financial Number or to explore some of his other inspiring books including his latest book Everyday Millionaires due to be released in January 2019 go to: www.chrishogan360.com