How many times have you said to yourself, “I wish I could just start over?” But unfortunately, time marches on, so we are oftentimes left with the results of decisions that we have made in the past.
Although it is impossible to go back in time, though, there are ways that you can make decisions that you won’t regret in the future. Some of the best strategies for doing so can include avoiding these common mistakes:
Not Moving Ahead with Your Own Dreams (as Versus Someone Else’s)
Sometimes we may find that we are spending all kinds of time working towards accomplishing someone else’s dreams. And because of that, we may not have any time left over to live our own.
Although it is certainly noble to help others, it is absolutely essential that you set aside time to pursue your own dreams, too – regardless of how busy you are with work, raising kids, or caring for an elderly loved one.
In fact, carving out – and fully committing to – time for accomplishing your own goals and dreams can be truly life-changing. With that in mind, be sure that you schedule time for YOU – and then keep that “appointment” just like you would do for anyone else.
Waiting Until Everything is “Just Right”
Another big mistake that people make is waiting until everything is just right before moving forward. This is particularly the case when it comes to financial endeavors. But, while it is certainly recommended that you perform your due diligence before diving into an investment, waiting too long can sometimes end up “costing” you even more – primarily by way of lost opportunity costs.
While it can oftentimes relieve our fears by remaining in our comfort zone, you will never get to second base if you keep your foot on first! The reality is that there will never be a “perfect” time for you to take action. So, by waiting until the stars are all aligned, you won’t be able to move forward…and in turn, you can end up missing out on a whole host of benefits.
Waiting for “Permission” from Others…or Even from Ourselves
Many people also fall into the habit of waiting to get “permission” or approval from someone else – or even from themselves – before moving forward with a project, an investment, or other opportunities. But in this case, sometimes it’s best to charge ahead, keeping true to the old saying, “It is better to ask for forgiveness than for permission”.
While not every endeavor you become involved with will work out perfectly, it is often better to take advantage of an opportunity than to let it pass you by. Otherwise, you will never know how successful your new business, your product idea, or invention will turn out.
So, what are you waiting for?
Are You Ready to Make Good on Promises to Yourself?
The hall of fame hockey star, Wayne Gretzky, once said, “You miss 100 percent of the shots you don’t take.” In fact, the only way to make any progress at all is to start with that first step – no matter how difficult it may be.
One way to help yourself gain the confidence and financial security that you need in retirement is to “lock in” a guaranteed stream of income. That way, knowing that you will still have funds available for paying your living expenses, you will be in a better position to pursue your goals and dreams.
At Annuity Gator, our mission is to help people find the right income strategy, based on their short- and long-term financial goals. Because all annuities aren’t exactly the same, though, it is important to talk with an expert before you dive in.
Give us a call or contact us via email to set up a time to chat. We’ll answer any of the questions or concerns you may have regarding future income and will even compare several annuities side-by-side so you can project how they may perform for you down the road.
So, make the decision to contact us today – we promise you won’t regret it!