Thursday, December 11, 2008

30 yr plan

For a long time, the hard climb to VP was all I thought about. Then, having acheived it - and fatherhood - I paused to acclimate. I still have a lot more acclimation ahead of me, but now that I've gotten used to being a VP for a little while, I'm beginning to finally think about the future.

I'm 42 now, and supposedly still going to work for another 30 years. Depending on which Tarot card or palm reader I visit, I'm supposed to live until 89. That gives me 30 years to build enough wealth to pay for at least one wedding and college education + sustain a reasonable lifestyle for 17 years. Hopefully, I stay fit and healthy for that whole time.

Right now, I know I need to choose an industry that best reflects my values. Settling on one industry will allow me to garner more momentum - and all the advantages that it posesses (efficiency, profits, relationships, etc)

I also know I want some sort of 'annuity' where my investment pays on top of whatever 401k retirement plans we have going. Owning an agency comes to mind, for obvious reasons and I have some very early thoughts on that which I am exploring. As well, I need to somehow develop a better quality of life for myself and my family.

Man, there's a LOT to accomplish in such a short time. 2038 is right around the corner!

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