FYR007 Funding Your Retirement During Covid-19

Published: April 29, 2020, 8:30 a.m.

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During your journey to funding your retirement, you will experience many setbacks, some setbacks because of the decisions you made personally, when this happens, own it, learn from it, dust yourself off and carry on.

Sometimes, situations will arise you have no control over, like the one we are collectively facing now.\\xa0

Covid-19 has pretty much-impacted everyone in one way or another.

When the lockdown is over, the\\xa0after-effects\\xa0will be different for each of us,\\xa0the\\xa0experiences\\xa0we each have during this period will\\xa0shape the perception of the reality around us\\xa0today and our future\\xa0self\'s.\\xa0\\xa0

How you perceive this global event and the unintended consequences of it will be significant in how you come out of this, six months, 12 months, two\\xa0years,\\xa0 five\\xa0years from now.

Developing the right\\xa0mental\\xa0framework\\xa0serves\\xa0two purposes; it gives you\\xa0discipline and certainty\\xa0in an uncertain\\xa0environment.

No one has ever achieved anything without a clear plan,\\xa0for every crisis, there is an opportunity, the pessimist sees disaster the optimist sees hope, and solutions even during the toughest of times.\\xa0If you want to succeed in anything in life,\\xa0a clear plan with clear goals to motivate you\\xa0is\\xa0required.\\xa0With\\xa0a clear\\xa0strategy and a clear vision for\\xa0yourself,\\xa0it can give you certainty in uncertain times.\\xa0\\xa0\\xa0

Resources:

Knowledge Area \\xa0

Trading For Retirement Community and Training

Guide To Funding Your Retirement\\xa0

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