Have you heard the story about the economist who has his head in the oven and his feet in the freezer, and so on average, feels warm?

I have a good friend who is an economist, and in these uncertain times, he has said to me that things will either get better, or get worse, but in which order, and by how much, he can’t be certain!

What are you going to be doing about your financial plan in Financial Year ‘11, which is just around the corner (Yes, it seems hard to believe – remember Y2K and all that – now that decade is set to pass into history as well!).

Will you simply take the good with bad, and hope that on average, you’ll come out ok? Or is this the opportunity to do something more? To make some positive decisions and take control of your destiny?

Financial Year 2011 is a fresh milestone, with the opportunity to be not simply another one on life’s journey. Why not make this next year the one that will change the nature of all your future years, and in particular, have a big impact on your comfort in your retirement years?

How quickly has this past decade gone by? Has it seemed like a blur to you? Does FY 2011 loom as a bit of a shock, meaning that we are almost at the end of the first decade, that some referred to as the ‘noughties’?

Do you think the next decade will go past slower, or even quicker? And if so, by the end of it, what will you have to show for it in the next ten years that will have then passed? How far will you have progressed on your financial journey? Will you have used the time to put leverage and compounding growth to work for you?

If you are like many people, one year simply morphs into the next, one decade into the next, one life stage into the next. Before you know it, you are well advanced in your career, in age, your kids have flown the coop, and then what?

If you have put investment decisions in place early enough, you can start to look forward to being able to enjoy your years when you have the time and the money to do so.

If you haven’t made the right preparation, you’ll have the time, but not the money to enable you to be financially comfortable and really enjoy what should be the Golden Years of your life?

We see many families who are so caught up with the demands and priorities of their busy lives that they meet all their urgent, short-term priorities, but fail to set time aside to plan and implement actions for the long term, if this sounds like you, FY11 is the perfect milestone opportunity to change all that.

If you would like to learn more and discuss how McCarthy Group can assist you, click here.