If you think back to your math classes in high school or college, you may remember that many of the problems involved the use of variables.
Changing these variables around in any fashion would change the outcome of the problem.
Similar situations occur in life all the time. To illustrate: If you look at the need to manage your retirement income so that you can’t outlive it as a “problem” to be solved, you will need to adjust some variables to arrive at the solution you seek.
That’s why it’s so important you be aware of the key variables involved in your retirement income planning.
We all have our routines every morning when we awaken. Some of us get up to have our coffee and a quiet devotional time with God; some of us go to the gym or a fitness class to get in our daily workout; some of us go out and begin yard work or another hobby; some of us get our children ready for their day and send them off to school; and some of us go ahead and shower and prepare for the work day.
Then there are some who try to do all of it before going to work: have a quiet time, workout, shower and send kids off to school.