Five Reasons You’ll Blow Up Your Retirement Plan

Since a retirement plan is all about meeting your needs and goals in retirement, you should plan to adjust that plan as those needs and goals shift.

Three women pack boxes in preparation for a move.
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A retirement plan doesn’t start with how much money you have or how you invest it. Rather, the numbers and strategies follow your needs and goals. And guess what? Life never stops happening, so it’s best to be prepared when it comes to changing your retirement plan when life changes.

I’m still a long way from leaving the workforce, but I’ve already blown up my retirement plan. Twice.

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Jacob Schroeder

Jacob Schroeder is a financial writer covering topics related to personal finance and retirement. Over the course of a decade in the financial services industry, he has written materials to educate people on saving, investing and life in retirement. With the love of telling a good story, his work has appeared in publications including Yahoo Finance, Wealth Management magazine, The Detroit News and, as a short-story writer, various literary journals. He is also the creator of the finance newsletter The Root of All (, exploring how money shapes the world around us. Drawing from research and personal experiences, he relates lessons that readers can apply to make more informed financial decisions and live happier lives.