Episode 386: Retirement starts with the dream

On Today’s Show

Chris Hogan says it’s important for all of us to understand the power of our dreams. We all have things we want to do, and it’s important to tap into them because dreams are a better motivator than fear. Fear will motivate you for a little while, but it doesn’t last. Why? Because it’s a negative drag on us. But our dreams are an encouraging kind of motivation, so we’re willing to strive and sacrifice for them because we know deep inside what we want to do.

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1 Simple Thing Action

The dream is the vital jumping off point for retirement. We all have dreams of what retirement will look like. Do you want to travel, spend time with the grandkids, or volunteer in your community? It’s those dreams that will give you a goal to reach and work towards. If you are married, sit down with your spouse and have the “dream meeting.” Don’t poke holes in each other’s dream by saying, “You can’t do that,” or “That’s too big.” Talk about the things you have in common, and then identify what it’s going to take to get there. See your reality, identify your dream, and start to work by budgeting – understanding where your money needs to go to help you create the best for your future.