To Define Your Retirement Goals, Take the Postcard Test

You've got to really know yourself to understand what's important to you, where you're going and how you can get there. A simple test could help shed some light on your path.

(Image credit: Westend61 / Giorgio Fochesato (Westend61 / Giorgio Fochesato (Photographer) - [None])

It all starts with a pack of postcards I bought on Amazon for five bucks. When I sit down with a new client, usually a married couple, I take out my postcards and lay them on the table. The exercise: Pick five of these that represent the life you want.

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Erin Wood, CFP®, CRPC®, FBSⓇ
Senior Vice President, Financial Planning, Carson Group

Erin Wood is the Senior Vice President of Financial Planning at Carson Group, where she develops strategies to help families achieve their financial goals. She holds Certified Financial Planner, Chartered Retirement Planning Counselor and Certified Financial Behavior Specialist designations.