How to Be Holistic in Your Retirement Planning Process
If you seek to be holistic in your approach to health, well-being, and lifestyle, then read on. We will explore some of the common pitfalls and other things you need to keep in mind as you decide how to be holistic. Holistic is the combination of all-natural products with traditional therapies and techniques. Holistic is an ever-expanding movement.
There is a big difference between the word natural and holistic. A comprehensive wealth plan with nothing else but green resources or only red resources is not holistic. A complete holistic plan with nothing else but green resources or only red resources won’t be near as effective as a comprehensive, holistic plan with green resources and only red resources.
Using a word like holistic can get people’s attention, but that word has no meaning, and it has nothing to do with wellness. So, here’s what you need to know: When people hear the word holistic, they think it means a total lifestyle change. This is not the case. Although there might be some aspects of total wealth that would be classified as holistic planning, for the most part, total wealth encompasses regular “old-fashioned” living with very few exceptions.
This is not a good description of accurate, holistic planning because it does not consider all aspects of life that affect each individual. To become truly successful with a comprehensive wealth plan, you must use a multi-faceted approach. You cannot expect to retire at age 65 and expect to have a one-time positive cash flow. Total wealth does not mean living a wealthy life.
What it does mean is having enough money to support you for your entire lifetime. This requires finding ways to use your money in ways that will generate positive cash flows over the long term. There are several excellent books available that will teach you how to be holistic in your retirement planning. These books will show you how to use the various assets and investments you already own to create a secure foundation for your retirement.
You will also learn to harness your additional income resources to support long-term financial goals. Most importantly, you will learn how to eliminate your dependence on traditional alpha-beta income sources to fund your long-term goals. Once you have eliminated the need to rely on government or welfare programs to fund your other income goals, you will have completed the most crucial step in your long-term planning.
How to be holistic in your retirement planning process begins now. Your goal should be to complete your asset and investment management process using sound investment strategies while minimizing the risk of losing your existing savings and maximizing your growth.
If you take the time to learn how to be genuinely “enterprising,” your retirement planning process will include using your assets and investments to create additional investment income while slowly eliminating the need for outside funding. Once you have accomplished this, your final step in the holistic planning process is to diversify your portfolio using low-risk investments in the stock markets, real estate, and the foreign exchange market to support your long-term retirement goals.
Your asset and investment management system is the most critical investment strategy component to your how-to be holistic planners. If you are planning to take the time to learn how to become financially educated investors, then you will need to learn how to manage your portfolio. This requires acquiring the knowledge, tools, and financial tools required to do this.
The easiest way to accomplish this is by enrolling in a training program that will provide you with these investment management tools and educate you on the different investment strategies you can implement once you have mastered these financial tools and strategies. In this day and age, it is not possible to do this alone.
While being a holistic planner requires that you utilize some of your knowledge and experience to determine which investment strategies to use, it does not require that you completely abandon your current lifestyle. While you may be required to change certain aspects of your current lifestyle, you can be holistic planners by simply continuing to do the things you enjoy while using your formal training program’s education and investment knowledge to supplement these activities.
By learning how to become financially educated investors, you will be able to accomplish the goal of creating long-term wealth by simply living your life the way you always have. Once you have mastered how to be more financially disciplined, you will be able to begin implementing your holistic retirement planning process by simply continuing with your current investments and financial management practices.
As your investments gain more stability, you will be able to expand on the elements of your how-to be holistic planners training that will make your retirement plan a genuinely comprehensive and proactive plan. In this way, you can develop a truly holistic plan that will help you achieve your financial goals and provide you with the financial security you have always wanted.