Many people assume that what worked yesterday will work today… Or that you can solve today’s problems with yesterday’s solutions.
At Granite State Retirement Planning, we believe that we simply cannot solve today’s problems with yesterday’s solutions.
We need to develop new solutions for today.
That brings us to the story of the wasted pot roast:
A newly married couple makes a pot roast. The husband’s interest is piqued when his new wife cuts off the ends of the roast, “just the way her mother always did”. He asks why she cuts off the ends.
She replies, “That’s the way my mom always did it.”
So, the new husband asks his mother-in-law why she cuts the ends.
The mother-in-law shrugs and says, “I don’t know. I just make my pot roast the way my mom did, and she always cut off the ends.”
He finally gets a chance to talk to his grandmother-in-law and asks her why she cut off the ends of the roast. The grandma just smiles and says, “We had smaller ovens then and it was the only way the roast would fit.”
“That’s the way it’s always been done,” is a poor answer for why anything is done a certain way.
In the old days, almost every advisor worked for a big financial company, so they only offered that company’s financial solutions. So the planning industry became a “product-first” industry. Not a good way to plan a custom retirement.
The RIGHT way to design your retirement begins with a picture of what YOUR ideal retirement is. Let’s brainstorm, and THEN create a plan to get you there!
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