I've had days of feeling really good, that all is going to plan and we're going to be fine financially. Then I've had days of real anxiety thinking 'what were you thinking! you can't retire!You won't have enough!" and so on...
Then I go over and over where to put the money - the mortgage - the savings - or the work that needs doing around the house - each day preferring a different solution. Just overthinking everything.
Yesterday I started to get a grip on it and reminded myself that the whole reason I made a plan and a blog in the first place was to help keep me on track - on the path that I planned out in my year off. I made a specific financial plan so that I wouldn't be on this emotional roller coaster, so I wouldn't make impulsive decisions or get sidetracked. And so far we are doing better than we thought we would.
Remembering that helped and I do feel better this morning. Its the worst worry/anxiety I've had about it since I started this blog -perhaps its normal to worry as you get closer? I don't know... Anyone else suddenly panic as they get closer to retirement?
What I've decided to do is reset my goals for 2021 back to the original goal of reaching the $33,000 mortgage balance. That is the minimum I need to do to reach our five year goals -If we do more thats OK but $33,000 is now the goal. The $650,000 savings goal for 2021 is our salary sacrifice + employer contributions + 7% interest. We already blew past our original savings goal of $500,000 in super so what am I worrying about?
If I have extra I am going to start to build a bigger buffer in the IP offset accounts and start with some of the work that needs doing on the house.
So hopefully I can quiet my racing mind next time it starts to panic and just focus on being in the here and now, not worrying about what the future holds. I'm a firm believer in just keeping on with consistently taking small steps in the right direction - eventually that really adds up to a lot of progress! Right now I need to just work the plan and not buy into the mind chatter.
Aside from that I've been busy at work & have an interview for the higher position next week. Fingers crossed it all goes smoothly!
Image by Gerd Altmann from Pixabay