I admit that in my “newly-minted” enthusiasm for the tried-and-true Mint.com, perhaps I went a little overboard. This morning, to my horror, I discovered that I am “1 Week Behind” on my retirement goal, which puts Aug 9, 2016 as my graceful exit date from corporate America, rather than Aug 1, 2016–my preferred date. I can hear you mock me: such are the middle-class woes of someone who is basically on track. How does this relate to me?
It actually does. With improved tracking tools, each of us can now obsess even more over the minutia of our lives. Even if you are doing well with your goals, there is still the chance that you often feel like you are falling short–and again, you find yourself buying into the “bag lady” syndrome. I do this one a lot. (For me, it’s more like, “I’m so behind I’ll have to retire in Thailand.”)
The remedy for this modern-day style of worrying? Develop and stick to a K-I-S-S method of goal setting. My retirement goal is below, ripped off from an ad I periodically run for MarketRiders (an ETF service).
I think it helps that it has a powerful visual. [DISCLOSURE: I make no money on this ad. I have never gotten it together to be a good affiliate and probably never will. I could probably retire sooner if I did.]
Still fighting yourself? Check out The Fully-Baked, 60-Minute, 5-Second Keep It Simple Investing Plan for 2010, which I am finding seems to work well beyond 2010.
Also, consider this good read I found in a recent run in the SF airport bookstore, by Gretchen Rubin:
The Happiness Project: Or, Why I Spent a Year Trying to Sing in the Morning, Clean My Closets, Fight Right, Read Aristotle, and Generally Have More Fun.