How do you make a plan robust? By asking – “What If?”.
The best way to build a plan that minimises chances of failure is to ask a lot of “What Ifs”. Build scenarios and visualise distinctive paths to solve any problem or for that matter plan your financial freedom journey.
And if questions on the latter have been crawling in your mind, here’s something that you can use to take the worry off.
myWhatIfs – on RapidFIRE, the comprehensive tool to plan your financial independence and retire with confidence.
With myWhatIfs you can plan different scenarios (earn more OR save more OR spend less OR) and see what actions can help you live the life you really want.
With What Ifs, you now also have the option to add recurring goals and adjust portfolio allocation to reflect your preferences going forward.
If that low risk – low return can help you meet your goals, why not? Not everybody needs the best return on the portfolio.
The graph at the top (see image above) helps you build perspectives on your likely MoneyPaths. The flags show what is the likely financial freedom age for various scenarios.
You will feel a confidence like never before.
If you haven’t tried it, you must now. Click here to use RapidFIRE.
And when you have done so, you will know how your advisor can help you.
You may also want to read about: FIRE Flavours of Retirement.
If you have any questions on how WhatIf can help, feel free to comment.
