Retirement planning without a framework is like taking a road trip without a map—you might get where you need to go, but it won’t be without some unnecessary detours and stress along the way. A structured financial plan helps guide you toward your long-term goals while keeping you on track during times of uncertainty. Inevitably, there will be times when your natural behavioral biases will attempt to derail your plan.

When emotions run high, decision-making often suffers. A strong financial framework provides clarity and objectivity, ensuring you make informed choices rather than reacting impulsively to market movements or economic news. A key element of financial planning is defining your goals. One method to identify your objectives is called backcasting, where you start with your desired future and work backward to identify actionable steps. Instead of making decisions in the moment, you define success first and then build a strategy to

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