For most, procrastination is probably the leading reason why they do not achieve their financial goals. Tomorrow always seems like a better time to begin that investment program. If procrastinating only lasted a year or two, it wouldn't be so devastating. But for many, procrastination can last a lifetime.
In our 20s, we are just starting our adult life. Income is not that high, and we have plenty of time to begin investing. Sixty-five sounds like an eternity away. So, we'll just wait until we get a little older and we have more income.
In our 30s, a growing family and a large mortgage take all of our income. After the kids grow up a little, we'll be able to find money for investing.
In our 40s, we are shocked to discover our children became more, not less, expensive. Every available penny is going to finance our children's educations, and we still don't have enough. We also have to assume large college loans.
In our 50s, we finally begin to realize the importance of investing, but we still can't find the money to do so. Some of us are still helping to pay our children's college, while others have been forced out of their jobs and now need to begin a new career. The money we hoped to find for investing just isn't available.
Suddenly, we wake up to find that we are already 65 years old with an extremely small nest egg that won't fund much of a retirement. We truly regret that we didn't start investing when we were 20.
It is important to begin investing today to reach your financial goals. Call today so we can get started on your investment plan.