The theme for this week is: A strategic plan for retirement. Most well-run businesses have a strategic plan that outlines the company’s mission, vision, values & goals. It’s the roadmap for how a business will get from where it is today to where it wants to go.

When it comes to planning for retirement, many of us just start with our goals, without ever considering how those goals align with our mission, vision, and values.

Yesterday, we talked about how to articulate your personal mission and vision statements, and today, we’re turning to your core values.

You might have several values that are important to you, but I’m going to challenge you to pick just 3-5 as your core, non-negotiable values.

This is my favorite part of the strategic plan, because once you pick your core values, you’ll have so much more clarity in your decision making.

When we created our strategic plan for True North, we identified 4 core values for our company, and it’s amazing how much easier it becomes to make those hard decisions. If I’m dealing with an opportunity, a problem, or an important decision, and I put it through the test of our core values, the decision becomes so much clearer.

Honesty, faith, creativity, compassion, love, family, adventure, fitness, health, loyalty, patriotism, efficiency, reliability, excellence, positivity...You get the idea.

Print a comprehensive list, which you can easily find on google, circle the values that jump out at you as important, then narrow that list down to the 3-5 that are your most important, immutable, unwavering values.

That’s it for today. Thanks for listening! Tomorrow we’re going to move on to setting some goals for your retirement.

My name is Ashley Micciche and this is the One Minute Retirement Tip.

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