Recently, Beer Geek and I met with our financial advisor. We are in touch with him fairly regularly, but this is the first time in a while that we’ve sat down and reevaluated our goals and what we are doing to reach those goals.
We discovered three things:
- Some of our priorities have changed and have thereby changed our goals.
- Some of our goals have been met or our path towards certain goals is still the right path.
- Some of our paths need to be tweaked.
One of the things that came out of this is that we needed to rebalance some of our funds and change the way certain amounts of money are being invested. This is not an unusual occurence – different returns mean different pieces grow differently and can result in a situation of higher risk than intended. Also, as you age and start thinking of college and retirement as more “near term”, you are less likely to want to weather huge fluctuations. Anyways, end result was that we made some changes to return to the path that leads to our goals.
I need to do this with the rest of my life. Now that both boys are in school full-time, I have more time on my hands. It’s time to truly evaluate my priorities and use my time wisely, now that I finally have a bit more time available to me.
Topics up for consideration:
- Are my workouts leading to the end goal I want? Do I even have a goal I’m working towards?
- What projects do I need to be focusing on in our house?
- Am I working enough hours and if not, what should I do about it?
- Is there a better way to organize my day to make the most of my time?
- Can I plan better for meals so that my family gets healthy foods without it taking over my life?
- What can I change?
All I know is that I’m finding all aspects of my life sort of overlapping each other. (Seriously, I answered a work email in between strength training sets today…) I’ve just been floating along, getting things done, willy nilly. It’s time to plan rather than react.
Hmm, gonna think about this more.
On the bright side, this morning I made a to do list that included a ride at Revolve and a strength training session. Both of those, along with nearly everything else on the list, are now done, leaving me with a huge feeling of accomplishment today!
How do you stay on track? Do you reevaluate where you are in life on a regular basis or just at the beginning of the year? Do you think small goals, big goals, or overall priorities?
2 thoughts on “Reevaluating and rebalancing”
Every so often I think I should re-evaluate what I’m doing and where I’m going. But when it comes down to making decisions I can never decide what I’d rather be doing. And so I’m still doing the same old thing three years since my youngest left high school. Talk about procrastination!
I think re-evaluating is important and needs to be done every few weeks or months depending on the goal. I am a person who sets big goals but also sets lots of smaller ones, I feel like I get more accomplished that way, keeping smaller goals that are easier to attain but help keep me focused and work towards a bigger goal.