Tuesday February 9th, 2021
Early on, I wasn’t really a fan. It was probably because I was more of a Peyton Manning fan. I didn’t particularly like the Patriots either. However, over time, I learned to appreciate Tom Brady more.
Brady had 6 Super Bowl wins going into Sunday’s game. He brought a team that was a perineal cellar dweller to the Super Bowl to face a QB that the sports commentators have already crowned as the man who can unseat Brady as the G.O.A.T. (greatest of all time). When it was all said and done, the G.O.A.T got his 7th Super Bowl title, and Patrick Mahomes was defeated soundly.
What makes Tom Brady different? There’s probably a ton of things that separate him from “normal” or even other “pro bowl” quarterbacks. However, I am drawn to one thing…his work ethic. According to those who know him best, his level of preparation is what separates him from whoever may be the 2nd greatest QB of all time.
At 43 years old, he is in incredible shape. Some would argue that he is in better shape now than he was when he was drafted. Go take a look at the picture of him from that draft. He was…let’s just say…less than impressive. No abs, no visible muscles, and no apparent physical advantage over the next guy. However, he put in the work, while more high profile players fell to the wayside.
It’s like this in retirement too. Those who sacrifice along the way, and put in the work to make sure they are as prepared as possible, will reap the benefits. I love meeting with these folks! Most of the time they are eager to learn, and they understand that they have to address the things that people overlook. Planning takes time. It’s not something that happens overnight.
There are also those who want to take the shortcut to retirement. Their focus is narrow or limited and they brush off the things that really matter. Things like income planning and tax planning take a backseat to shiny objects. In their minds, these shiny objects can overcome the lack of planning in other areas. Rather than developing a legacy plan that will ensure that their family will be taken care of when they die, they spend time reading up on ways to “strike it rich”.
For 99.95% of the people out there, this doesn’t work long term. It takes time and effort. Short cuts don’t work in football, (remember Johnny Manziel?) and they don’t work in retirement. This is why we have client review meetings. These reviews are the only way we can continue to build on your foundational plan.
Most of our clients settle into a 6 to 9 month review schedule. However, there are others who may not review things for a year or longer. If that’s you, I would encourage you to reach out to our office and schedule your next review.
Thank you for the trust you’ve placed in our firm and make it a great week!